$900,000 – $1,000,000 Multi-Family Homes For Sale

Ottawa, Ontario

Incredible opportunity to own a triplex steps from the Rideau Canal in the highly sought-after Old Ottawa East. This property offers exceptional potential to redevelop, expand, or add on, supported by three separate entrances and a rare oversized driveway. Located just moments from the Flora Footbridge, enjoy direct pedestrian access to the Glebe, Lansdowne, Whole Foods, TD Place, and year round festivals. Walk to Main Street’s cafés, restaurants, shops, and community amenities, or cycle the extensive canal and river pathways that make this one of Ottawa’s most walkable and bike-friendly neighbourhoods. Ottawa University is approx. 5 minutes away, Parliament Hill about 10 minutes, and transit, parks, and schools are all within easy reach. Whether held as a strong income property or transformed through redevelopment, this triplex sits in a rapidly evolving, high-demand urban pocket where lifestyle, connectivity, and long-term value converge. A rare chance to secure a centrally located property with outstanding upside in one of Ottawa’s most desirable communities. Some photos are digitally enhanced. 24 hours irrevocable on all offers. 48 hours notice required for all showings. 5 bedrooms & 2 kitchen above grade, 2 bedrooms & 1 kitchen below grade. (id:50982)

Ottawa, Ontario

Great Investment Opportunity or Ideal for Multi-Generational Living! This all-brick duplex features two existing units plus a finished basement with excellent potential for a third unit by adding a kitchenette (buyer to verify and obtain permits). Perfect for investors or owner-occupants seeking strong rental income with future upside.The upper unit is currently rented, with the tenant vacating September 1st. The main floor unit and finished basement are vacant, recently renovated, and move-in ready – allowing the new owner to set current market rents for future tenants.The basement offers flexible possibilities with access through the main floor unit as well as a separate exterior stairway entrance. It features large windows in both the bedroom and living area, a bright and spacious layout, and a huge storage room, making conversion to a separate unit a great opportunity. Situated on a massive lot with two separate driveways providing parking for up to six vehicles. Additional highlights include a shared basement laundry room with coin-operated washer and dryer purchased last year, a large storage area, and two owned hot water tanks included. Over $60,000 has been invested in recent upgrades, including new windows, parging, deck, interior paint, freshly painted front door, and full renovations to the main floor unit and basement. Fantastic location close to the river, nature trails, parks, and all that Britannia has to offer, with easy access to Highway 417, public transit, and the upcoming LRT. Surrounded by shops, restaurants, and everyday amenities, this property offers excellent cash flow potential and long-term appreciation in a highly convenient location. (id:50982)

Ottawa, Ontario

Welcome to 2393 Sheldon Avenue – this beautifully renovated 3+3 bedroom 1+1 bathroom all-brick bungalow with a legal secondary dwelling unit, is perfectly situated on a quiet, mature, tree-lined street in the highly sought-after community of Queensway Terrace South. Extensively updated from top to bottom, these open concept units offer exceptional flexibility for investors, multigenerational families, or owner-occupiers looking to live in one unit while renting the other. The home has been substantially upgraded with brand-new kitchens, separate hydro meters, pex plumbing, appliances, bathrooms, engineered hardwood flooring on the main level, new lower-unit windows, quartz countertops, a new driveway, extensive landscaping, and much more. The upper unit is expected to rent for approximately $2,900/month, while the lower unit is expected to rent for approximately $2,700/month, generating projected gross income of approximately $67,200 annually and estimated net income of approximately $58,000 – representing an attractive 5.8% cap rate. Enjoy the convenience of easy access to Highway 417, nearby shopping, restaurants, professional services, public transit, parks, schools, and everyday amenities. The spacious, tree-lined backyard offers a private and peaceful setting for outdoor living and relaxation. Whether you are looking for a strong income-producing asset, a flexible intergenerational home, or a turnkey property in a desirable central location, 2393 Sheldon Avenue is a fantastic opportunity in one of Ottawa’s most established neighborhoods. (id:50982)

Ottawa, Ontario

Purpose-Built Multi-Family in a Prime Location! Ideal as a multi-generational home. A property you can easily envision calling home while generating income. This well-maintained brick home offers two spacious 3-bedroom units (approx 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout basement to backyard. Renovations completed in 2023- Apartments 1 and 2 include – IKEA kitchens including sink, faucets, countertop and backsplash tile, vinyl flooring in hallways, living/dining room, newer appliances and vanity in bathroom; Apt B – bathroom vanity. Tenants pay their own heat/hydro. The basement and second-floor apartments share a common laundry room, while Apartment 1 features a convenient in-unit stackable washer and dryer in the bathroom. Each unit is well divided, bright, and generously sized ideal for tenants or owner-occupiers alike. The 3 apartments feature eat-in kitchens, plus Apt #1 and #2 have option of a large living room area or combined living/dining room. Apt#1 and #2 have identical layouts. Roof 2005 with 25 year shingles. 3 Hydro Meters. Updated windows about 15 years ago. Large backyard 52′ x 110′ with interlock patio. An investment opportunity live in one unit and collect income from the others. Located within walking distance to Elmvale Acres Shopping Mall, and close to The Perley, CHEO, The Ottawa General Hospital, schools, and Trainyards. 24 hour notice for showings. Vacant possession will be provided for Basement apartment. Apartment 1 is on month-to-month. Some photos have been virtually edited. (id:50982)

Ottawa, Ontario

Welcome to 57 Lees Avenue – a rarely offered three-storey all-brick duplex in the heart of Old Ottawa South. This versatile and well-maintained investment property offers strong income potential with approximately $71,760 per year in gross rental income, while also presenting an excellent opportunity for owner-occupants seeking additional rental revenue.A shared front foyer provides access to both self-contained units. The main level features a spacious 2-bedroom unit offering hardwood flooring, high ceilings, an oversized kitchen with ample storage and workspace, an updated bathroom, private laundry, and direct side-door access to the backyard.The upper unit spans the second and third floors and offers an expansive 4 bedroom layout. This bright and updated space includes a renovated kitchen, private laundry, generous living areas, and a unique upper loft level with an additional flex room – ideal for larger households and flexible rental arrangements. Both units include separate parking spaces and private laundry, adding convenience and long-term tenant appeal. Ideally located within walking distance to the Rideau Canal,University of Ottawa, Main Street, Elgin and Lansdowne. This property is perfectly positioned near transit, parks, shops, and everyday amenities. Major updates include roof shingles (25-year shingles), Energy Star windows and skylights, air conditioning (2021), and a remodel of the second unit completed in 2019. A rare opportunity to own a character-filled multi-unit property in one of Ottawa’s most desirable central neighbourhoods. Some photos were taken prior to tenant occupancy and certain photos have been digitally altered. (id:50982)

Ottawa, Ontario

A solid brick, income-producing non-conforming triplex situated on a generous 6,717 sq ft lot with Mainstreet zone 1 (MS1) zoning, allowing a range of commercial uses and unlocking significant future development potential. The property is fully tenanted; however, two tenants have provided notice. Units are actively being re-leased but vacant possession could be arranged.The building has been well maintained, with major upgrades completed in 2011, including plumbing, electrical, windows, kitchens, and bathrooms. Additional improvements include a sprinkler system, spray-foam insulation in the basement, and two new high-efficiency furnaces installed in 2025. Flooring consists of hardwood, and tiling. The property offers two driveways, ample parking, and a large rear yard extending behind the adjacent property. With 70 feet of frontage, the site may support further development. Located just off Merivale Road, this is a prime position near the Westgate Mall redevelopment, with easy access to public transit, the bicycle path running along the Experimental Farm to Carleton University, and shopping along Carling and Merivale. An excellent addition to any portfolio, with strong income today and compelling upside in a rapidly regenerating neighbourhood. 24-hour notice required for showings. Units One 3-storey, 1-bedroom townhouse-style unit with private entrance and fenced yard. Currently listed at $1,695/month. The third floor offers potential to dormer for additional bedroom space. One 2-storey, 2-bedroom apartment currently listed at $1,900/month. One main-floor bachelor apartment rented at $1,375/month. Expenses – Insurance: $3,713.00, Taxes: $4,284.97, Hydro: $1,020.00, Gas: $1,033.00, Water: $1,280.00 (id:50982)

Carleton Place, Ontario

FOURPLEX! Welcome to 275 Bridge Street! Experience an exceptional investment opportunity in the thriving, family-friendly community of Carleton Place. This fourplex offers four spacious, well-designed 3-bedroom units, each featuring in-suite laundry for ultimate convenience. The current rental details: Unit 1: $1,800/month; Unit 2: $883/month; Unit 3: $1,185/month; Unit 4: $1,185/month with a lot of room for future growth. Tenants are responsible for their own utilities, contributing to an impressive annual cash flow of $44,378. Property Features for each unit: Furnace, Hot Water Tank, Separate Hydro Meter, 1 car garage and 1 exterior parking space. 100-amp electrical service for each unit. Ideally situated in a prime area with easy access to Highway 417, this fourplex is also conveniently close to schools, parks, trails, the river, and all the amenities that make Carleton Place so desirable. Don’t miss the opportunity to invest in a property with such strong potential in one of the region’s most sought-after neighborhoods! (id:50982)

Ottawa, Ontario

VACANT – SET YOUR OWN RENTS! Exceptional Investment Opportunity – Live In One Unit, Rent the Other! Discover the perfect blend of functionality, comfort, and opportunity in this rarely offered duplex, ideally located in a central neighbourhood just minutes from the LRT, schools, shopping, dining, and all major amenities. Whether you’re looking for a smart investment or a multi-generational living solution, this property checks all the boxes. Each unit in this well-maintained duplex is thoughtfully designed with separate heat and hydro meters for added convenience and financial independence. Step inside each unit to find a welcoming foyer with a convenient powder room, leading to a spacious and bright living area that flows seamlessly into the dining room. From here, walk out to your own private backyard oasis – both units boast fully fenced yards with brand-new fencing, perfect for relaxing or entertaining, and each one backs directly onto a peaceful park for added privacy and greenery. The kitchens in both units offer ample space for meal prep and storage, while upstairs, you’ll find three generously sized bedrooms and a full bathroom featuring cheater en-suite access to the primary bedroom, a layout thats both functional and family-friendly, while also offering potential for future upgrades. Downstairs, each unit includes a partially finished basement with a versatile bonus family room, offering even more living space for kids, guests, or a home office. Additional highlights include two separate garages, recently updated furnaces and AC units – giving you peace of mind for years to come. Live in one unit and rent out the other for extra income or add this solid, centrally located property to your investment portfolio. Opportunities like this don’t come often! (id:50982)

Ottawa, Ontario

Welcome to 12 Lewis Street, this elegant all-brick duplex ideally located in Ottawa’s prestigious Golden Triangle, where city living meets a quiet, established neighbourhood feel. Presenting a rare opportunity for investors, developers, renovators, or those seeking to craft their dream home in a prime location. Zoning Code N4B[478], this well-appointed property features two self-contained units, each thoughtfully designed with functional layouts and timeless appeal. Unit 1offers a warm and inviting space, featuring a comfortable living room with a wood-burning fireplace, a dining room, a well-appointed kitchen, a bedroom, and a full hallway bathroom. The unit also provides direct access to the rear yard, enhancing both convenience and livability. Unit 2 includes a bright and spacious bedroom with an additional den/closet area, a full bathroom, a kitchen with quartz countertops, and an open-concept living and dining area. This level also features a dedicated laundry closet and access to a private rear balcony, creating a comfortable and functional living space. The classic brick exterior and deep urban lot provide exceptional potential for renovation, redevelopment, or customization, allowing the next owner to maximize the property’s value and versatility. Additional features include a private backyard, side driveway with off-street parking, and an unfinished basement, offering ample storage and further development potential. Ideally situated just steps from Elgin Street and within walking distance to the Rideau Canal, National Arts Centre, downtown Ottawa, University of Ottawa, Lisgar Collegiate, parks, bike paths, LRT access, and an outstanding selection of restaurants and cafés, this property offers an unparalleled urban lifestyle in a quiet, established setting. This property must be sold together with 8 Lewis St and 10 Lewis St. Property sold as is, where is. 24-hour irrevocable on all offers. (id:50982)

Clarence-Rockland, Ontario

All units will be vacant upon possession – offering investors a rare opportunity to set their own tenants and secure full market rental rates from day one, while also presenting a great opportunity for multi-generational living. Located in the heart of Rockland, just steps to schools, parks, shopping, restaurants, and everyday amenities, this well-maintained duplex offers the perfect blend of convenience, comfort, and peaceful living. With a charming front porch and paved driveway, the curb appeal welcomes you from the moment you arrive. Featuring two well-appointed dwellings, this property is ideal for investors or multi-generational living. Dwelling 1 welcomes you with an inviting foyer leading to a bright kitchen showcasing a beautiful accent wall, abundant cabinetry and counterspace, a sit-at island, and all appliances included. The dining room is filled with natural light from a large window. Upstairs offers a spacious primary bedroom, three additional bedrooms, and a 4-piece bathroom. The bright lower level features a cozy living room, 3-piece bathroom, laundry, and ample storage space. Attached to dwelling 1 is a cozy and bright studio in-law suite with a separate entrance, complete with a full kitchen, appliances included, and its own private living space – ideal for extended family or additional rental income. Dwelling 2 offers a welcoming foyer, a large kitchen with stainless steel appliances included, and a living room with fireplace and rustic accent wall. The second level features a primary bedroom, an additional bedroom, and a 4-piece bathroom. The lower level includes a recreation room, 3-piece bathroom, laundry, and storage. Enjoy two fully fenced backyards, a deck, gazebo, and shed – offering privacy and outdoor enjoyment for all dwellings. (id:50982)

Ottawa, Ontario

Opportunity to own a Fourplex with nostalgic Barber Shop (could be retail) on the Ground floor. Hardwood flooring with ceramic in the kitchens. R4T[479] zoned allowing for multiple development potential. Easy access to the 417 Hwy, fabulous for commuting. Walking distance to groceries, shopping, the Glebe, Golden Triangle, Ottawa Downtown, Bank Street, Elgin Street. Two – 1 Bedroom units on the second and third floor, Two – Bachelor units located behind the barber shop (access via driveway) the other through the main building door on the ground level. Parking in private driveway for up to 3 vehicles. Tenants are all long time tenants – Month to Month. Separate Hydro meters. Showings available Mon-Fri 10am-4pm. Showing Requests require 48 hours notice. Potential GOI: $52,440 / Expenses:$9,300 / NOI: $42,091 (id:50982)

Cornwall, Ontario

Well maintained 4-Plex in great condition, centrally located in the the heart of Cornwall close to many amenities including churches, schools, parks, shopping + restaurants. Fully rented, this property has a large lot with plenty of parking including a double car garage. The building features 4 individual units, each with their own unique style. The building has been updated over the years and shows extremely well. Net Operating Income of $50,693- rent roll on file. This property is a solid investment and offers exceptional value! (id:50982)