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

Ottawa, Ontario

1268 & 1270 Erie Ave is a well-maintained, side-by-side semi-detached duplex ready for its next owner. This solid brick and stone building offers approximately 1,414 sq.ft. per unit and features three bedrooms and a full bathroom on the second level. The main floor offers a bright living room, dining area, and kitchen with a convenient side entrance. The basement in each unit includes a 3-piece bathroom and laundry room. The existing side entrances may allow for secondary unit potential (buyer to verify), and there is also future severance potential. Situated on a mature lot with fenced rear yards and beautiful trees, each laneway accommodates up to four vehicles. Conveniently located near schools, library, shopping, parks, and public transit. 24-hour notice required for showings on Tuesday, Thursday & Saturday between 10 AM and 7 PM. 36-hour irrevocable on all offers. (id:50982)

Ottawa, Ontario

Income-generating property featuring two semi-detached homes, each with basement apartments, ideally located within walking distance to Algonquin College. This prime location offers easy access to LRT station(when completed), public transit, and a wide array of nearby amenities including shopping, schools, restaurants, parks, and everyday conveniences making it highly attractive to students, professionals, and long-term tenants alike. The property generates a strong gross annual rental income of $70,972.08, with tenants paying all utilities, keeping operating costs low generating higher NOI. The building is equipped with 4 hydro meters, 2 gas meters, and water sub-metering for efficient and transparent utility management. Basement units are heated by electric baseboard, while the upper units feature forced-air natural gas heating, offering independent and reliable climate control throughout.Under the City of Ottawa’s proposed Official Plan, the property is anticipated to fall under MS2 H zoning, which allows for a wide range of mixed-use and intensified development options, subject to City approvals. This zoning framework provides significant long-term redevelopment and value-add potential at this highly desirable, transit-oriented location. A rare opportunity to acquire a high-performing income property with excellent holding income today and exceptional redevelopment potential for the future. (id:50982)

Ottawa, Ontario

Two full homes front to back semi-detached on one property, designed for unique urban living or investment flexibility. Tenants would love to stay, so keep it as a rental property or consider other options such as multigenerational, owner occupy etc. Unit A, front home (month-to-month $1754.34+ Utilities), the original home, beautifully restored in approximately 2005, blends historic charm with modern comfort. Featuring 2 bedrooms and 2 full baths, it offers a warm and inviting layout with hardwood floors, a modernized kitchen, and updated bathrooms. Unit B, rear home (month-month $2836.69+ Utilities), constructed in 2005, brings a striking contrast with its light-filled, three-story design. Offering 3 bedrooms and 3 baths, it showcases contemporary finishes, hardwood flooring, wide tread maple stairs, a sleek kitchen, and private access to the backyard retreat. This home also includes a one-car garage and laneway parking for up to 3 cars for added convenience. Both homes are currently tenanted month-to-month, providing flexibility for investors or owner-occupiers alike. The property benefits from Cambridge North’s recently completed streetscape renewal, with one-way access to Somerset and a winding, park-like front yard that enhances the curb appeal. This is more than just a home; it’s a versatile package with income potential, modern comforts, and urban convenience in one of Ottawa’s most dynamic neighborhoods- Centretown West. Incredible walkability to all of your favourite places, start with your morning coffee at Drip House and work your way up! (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)

Clarence-Rockland, Ontario

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 perfect 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 recreational room, 3-piece bathroom, laundry, and storage. Enjoy two fully fenced backyards, deck, gazebo, and shed – offering privacy and outdoor enjoyment for all dwellings. (id:50982)

Ottawa, Ontario

Rare opportunity in the heart of Westboro! This spacious semi-detached home and LEGAL DUPLEX sits on a generous corner lot on a quiet street and has been converted into 3 self-contained units (two 2-bedroom units and one 1-bedroom unit) and is generating over $5,600/month in rental income. Updated with investors in mind, major upgrades include plumbing, electrical, roof, and windows (2022). Each unit features its own private entrance, full kitchen, bathroom, and in-unit laundry. Huge windows floor the space with natural light, and the entire property is carpet-free! Rents are currently below market, offering excellent upside potential. Located steps to transit, grocery stores, schools, parks, a fenced dog park, trendy shops, restaurants, and the Ottawa River, with easy access to Highway 417 and downtown. Fenced backyard, attached garage, and large driveway included. A turnkey investment opportunity, or a spacious property easily converted back to a single-family home with in-law suite! Currently rented to great month-to-month tenants. (id:50982)

North Grenville, Ontario

Established five-unit residential income property with proven rental history. The building consists of two 2-bedroom units and three 1-bedroom units, offering a versatile layout appealing to a wide range of tenants. All units are self-contained with private bathrooms. Originally a duplex and expanded over time into its current configuration, the property now operates as a full multi-residential building while remaining straightforward to manage. The all-brick exterior and durable metal roof contribute to long-term maintenance reliability. The property offers attractive curb appeal and tenant storage lockers – amenities that support long-term tenancy. The largest two-bedroom unit has been recently updated with new flooring, kitchen, bathroom and fresh paint. Located in downtown Kemptville, tenants benefit from walkable access to shops, restaurants, recreation, trails and community events, supporting consistent occupancy and long-term rental demand. Five on-site parking spaces service the building. Future income growth potential. Walkable downtown location attractive to long-term tenancy. Income and expense statement available. (id:50982)

Ottawa, Ontario

Here’s your chance to own a purpose built duplex (zoned R2N duplex with a secondary 3rd unit) in the heart of Orleans located on a quiet family friendly street close to wonderful schools, parks, public transit and walking distance to shopping (Innes Smart Centres). Each self contained apartment is fully tenanted and features two bedrooms as well as a deck or patio area which looks onto the spacious fully fenced rear yard. Two of the units have their own private garage spaces as well as lots of additional parking in the driveway. Ideal for investors who want to live in one unit and have the rental income cover their mortgage or simply a great rental property to add to your investment portfolio. This property has a lot to offer and is in superb condition. (id:50982)

Perth, Ontario

4-plex in the historic retirement town of Perth, all tenants pay their own hydro & heat (electric baseboard).This building will attract good tenants because of the upscale atmosphere, very high walk-score being 3 blocks to Stewart Park with a multitude of yearly festivals, 2 blocks to the Tay Canal which flows into the world heritage site Rideau Canal, 1.5 blocks to Gore St, the main business street of Perth, 8 blocks to the oldest golf course in Canada – the Links O Tay Golf Course. Perth has been voted the prettiest town in Ontario many times. Perth is halfway between Ottawa & Kingston. Large lot 73 ft x 135 ft with lots of parking space. All residential area. Rents: Unit A – $1,600 (2 bdrm on the upper level), Unit B – $1,600 (1 bdrm + den on the main level), Unit C – $1,300 (1 bdrm on the upper level), Unit D – $1,400 (1 bdrm on the main level). All Units have laundry with washer and dryer hook up. New shingled roof, cash cow! For more information, please contact Brad Closs 613-200-1000. See attachments for schedule B to accompany all offers. 48 hours irrevocable on all offers. 72 hours notice for all showings/inspections. (id:50982)

Ottawa, Ontario

Purpose built triplex on a deep lot. Zoning (R4-UA) would allow you to expand this building. Great cash flow and tenants pay their own Hydro. Good location close to schools, parks, transit and shopping. Peak metal roof. Gas Furnace (2024).More then $150,000 in renovations includes Kitchens, Bathrooms, Flooring, Fire Alarm, Front door entrance, etc. 4 electrical metres outside. Bsmt 1 Bedrm $1,700, Main Flr 2 Bedrm $2,100, Upstairs 2 Bedrm $2,000. Average Laundry income $100/mth. Annual Expenses $15,102. Annual Income $70,800. Net Income $55,695. (id:50982)

Ottawa, Ontario

A prime investment opportunity in Centretown with a 5.5% cap rate or an opportunity as a owner occupied investment, 176 Arlington Avenue is a spacious duplex featuring two well-designed units, each with its own laundry. Unit A is vacant and Unit B is month to month. Located just two blocks from Bank St., Unit A is a vacant, fully renovated 2 + 1 bedroom apartment spanning the main and lower floors, offering a private entrance, charming finishes, and an efficient layout. The living room includes a large picture window, and the eat-in kitchen is equipped with extended cabinets, ample counter space, and a stainless steel sink. Two bright bedrooms, one with private outdoor access, provide versatility for families, work-from-home setups, or additional living space. A full bathroom on the main level, along with a basement that has laundry, a powder room, and storage, completes this inviting unit. Unit B is tenanted, occupies the second and third floors, and features a uniquely separated, thoughtful layout. The first floor includes three bedrooms, one with a built-in desk nook and another with direct access to a front balcony. The living area, with wide-plank vinyl flooring, adjoins a modern kitchen with wood cabinets, a hex tile backsplash, and plenty of prep space. Before ascending to the top level, you’ll find a stylish 3-piece bathroom with a walk-in shower. The top floor has two cozy bedrooms with sloped ceilings, parquet-style flooring, and generous closet space, along with a second 4-piece bath for added convenience. The property sits on a deep lot with mature trees and greenery. Each unit has private entrances and well-defined spaces, making it ideal for multi-tenant rentals or live-in owners seeking extra income. Located close to transit, cafes, parks, and the upcoming redevelopment of the old Greyhound station, this property represents a solid investment in a rapidly densifying area poised for long-term growth in one of Ottawa’s most vibrant neighbourhoods. (id:50982)

Ottawa, Ontario

Welcome to 184 Murray Street a rare, fully renovated freehold fourplex located just steps from the pulse of Ottawa’s historic Lower Town and the ever-bustling Byward Market. This cash-flow-ready property offers a unique opportunity for savvy investors to secure a premium asset in one of the city’s most dynamic and desirable urban hubs. This building is primed to deliver both immediate returns and long-term value. This exceptional property includes four vacant, fully renovated units: two generously sized 3-bedroom apartments and two stylish 1-bedroom units a total of 8 bedrooms. Whether you aim to attract top-quality tenants at todays strong market rents or explore the lucrative potential of short-term rentals (Airbnb), this investment gives you full flexibility. Furnishings are optional the seller is open to including all furniture, streamlining the setup for Airbnb or executive rentals. Extensive, high-quality renovations have been completed throughout the property. All units feature brand-new ductless A/C and heating systems, new flooring in three units (tile and durable laminate), four fully updated kitchens with new plumbing and appliances, and four modern bathrooms with new water and drain lines. Additional upgrades include a new laundry room, modern LED lighting, all new interior doors, casings, and fresh paint throughout. Safety and efficiency are top-tier with fire-rated doors, interconnected smoke/strobe detectors, and a new 400-amp hydro service with 5 separate meters. The property also includes four private parking spots (approx. $150/month each), adding up to an extra $600/month. Close to transit, shopping, restaurants, and the University of Ottawa, this property offers enduring appeal and strong rental growth. Photos shown are of Unit 4 (1 Bed, 1 Bath). (id:50982)