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

Ottawa, Ontario

Welcome to this charming triplex located in the heart of the desirable Carlington neighborhood. There are 3 units. Each unit has been thoughtfully maintained and offers comfortable living spaces with hardwood flooring throughout. Unit 1: 1 bedroom, 1 bathroom – cozy and functional, perfect for singles or couples. Unit 2: 2 bedrooms, 1 bathroom – bright and spacious, ideal for small families or roommates. Unit 3: 2 bedrooms, 1 bathroom – generously sized with ample closet space. Each unit features a bright and practical kitchen equipped with essential appliances, while convenient laundry facilities are located on the main floor of the building. Step outside to a shared backyard space, perfect for barbecues, relaxing, or entertaining friends. This fantastic location puts you close to everything you need: public transit, shopping, coffee shops, grocery stores, and parks are all just minutes away. Don’t miss the opportunity to make one of these comfortable and conveniently located units your next home – book your viewing today! (id:50982)

Ottawa, Ontario

In the heart of the ByWard Market, steps to Lowertown, this thoughtfully renovated, detached triplex offers a unique balance of city living on a quiet tree-lined street. Steps from the vibrant ByWard Market, this property delivers unmatched location, character & strong income potential. Approximately 2,200 sq ft of well-designed living space, the property is currently configured as two spacious primary units w/ separate hydro meters, plus two additional self-contained studio suites-offering exceptional flexibility for investors, multi-generational living, or lifestyle buyers. Three units are currently vacant, w/ one on month-to-month tenancy (tenant willing to stay or vacate), providing immediate opportunity to set market rents, select tenants, or reposition for maximum yield. Bonus studio spaces offer strong potential for rental income, guest suites, home office use, or Airbnb. The main floor retains much of its original warmth & character, featuring original refinished hardwood flooring, cozy gas fireplace, classic clawfoot tub & large kitchen.The upper two-level 3+ den b/r unit features a spacious kitchen w/exposed beams, renovated bathrooms & strong architectural appeal. The upper studio offers a wood-burning fireplace, exposed beams, loft space, two Juliet balconies, vaulted ceilings & skylight creating a bright, open & creative environment. Extensive updates include electrical (ESA certified), plumbing (2016), roof (2017), siding with added insulation, furnace/water heater (2019), renovated baths & other interior improvements.Outdoor living enhanced by a private rear flagstone patio ideal for BBQs & entertaining. Rare 2 or 3 parking spaces & storage. Ideally located w/i walking distance to a park w/wading pool & tennis courts, green space, Ottawa River, Ottawa Art Gallery, embassies, DFAIT, Parliament Hill, University of Ottawa & Rideau Centre.A rare opportunity in one of Ottawa’s most desirable and consistently performing rental markets. 24 hrs irrevocable (id:50982)

Ottawa, Ontario

Turnkey triplex investment opportunity in desirable Britannia Heights with a strong tenant profile and over 40 years of pride of ownership. The property features two spacious 3-bedroom units and one 2-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, including one fully renovated unit in 2024 with dishwasher.Tenants are reliable and pay on time, with separately metered hydro paid by tenants. Recent capital improvements include two gas forced-air furnaces (2012 & 2026) and three owned electric hot water tanks (2013, 2023, 2024).Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income (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

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

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

Fantastic triplex in the heart of Ottawa, ideal for investors or owner-occupants! Discover an exceptional living experience with this well-maintained triplex located in one of Ottawa’s most vibrant and sought-after neighborhoods. Just minutes from downtown, this property offers unbeatable access to the Byward Market, Parliament Hill and the University of Ottawa. Restaurants, shops, and entertainment, everything the city has to offer is at your doorstep. Steps from bike paths along the Rideau Canal, public transit, and major downtown attractions. Perfect for outdoor enthusiasts, students, and professionals alike. The spacious versatile main-floor unit features 3-4 bedrooms, a generous living/dining area, and a beautiful screened-in porch. Ideal for tenants working from home, with flexible space for an office. Two additional units includes one 2-bedroom unit and a 1 bedroom unit, great for consistent rental income. On-site parking & garage, a rare find in central Ottawa provides valuable convenience in a high-demand area. This triplex offers the perfect blend of lifestyle, location, and investment potential. Whether you’re looking to live in one unit and rent out the others, or add a solid income property to your portfolio, this is a must-see opportunity. (id:50982)

The Nation, Ontario

Welcome to this well-maintained triplex condo offering three spacious, fully tenanted units-an ideal addition to any investment portfolio. Each unit features a generous layout with walk-in closets and cozy gas fireplaces, adding comfort and appeal for tenants year-round. The top and middle level units enjoy private balconies, providing desirable outdoor living space. Located in the growing community of Limoges, this property offers stable rental income with strong long-term potential. A turnkey investment you won’t want to miss (id:50982)

Ottawa, Ontario

This move-in ready triplex is ideally located just 10 minutes from downtown Ottawa, offering exceptional convenience and lifestyle. Situated within walking distance to NCC paths, the Experimental Farm, transit, shopping, schools, hospitals, and more, it’s a rare opportunity in a prime location. The main unit features three bedrooms and is perfect for owner occupancy, with its own private entrance, in-unit laundry, a sunny back deck, and a charming front garden. Inside, the home is bright and spacious, showcasing an open-concept great room, a modern kitchen with granite countertops, updated flooring, and fresh paint throughout. The lower level includes two bright and inviting one-bedroom units, each with its own separate entrance and access to a shared laundry area. Currently fully tenanted at $1213.98 (unit 1), $1208.22 (unit 2) and $2750.00 (unit 3) Showings available on Tuesdays, Fridays , or Sunday aftenoons (id:50982)

Ottawa, Ontario

This turnkey investment opportunity presents an income-generating duplex with a bonus unit, perfectly situated in the sought-after Merivale/Baseline corridor. Nestled on a quiet dead-end street, the property is spacious, well-maintained, and offers both strong rental income and excellent future potential. The second floor hosts a large, freshly painted three-bedroom unit and the first floor unit features newly renovated hardwood floors. Tenants enjoy the benefits of a private backyard, gas heating, free parking, and ample storage. Adding to its versatility, the property also includes a non-conforming basement unit that offers additional flexibility or potential rental income. Positioned directly across from a park with scenic walking and biking trails, this location is highly attractive to renters. Its also just minutes away from shopping, schools, restaurants, transit, and the Queensway, ensuring convenience for all occupants. Currently, the property is fully rented to two long-term tenants, generating approximately $50,000 in annual rental income. With its low turnover rate and high-demand location, this property is ideal for both seasoned investors and those purchasing their first rental. This is a rare chance to own a cash-flowing property in one of Ottawa’s prime neighborhoods, with plenty of room to add future value. (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 $69,772.08, 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)

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

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

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)

Ottawa, Ontario

Incredible Investment Opportunity! This beautifully renovated, fully tenanted income property offers multiple revenue streams on a sprawling 1.09-acre lot in the heart of Greely. Boasting VM-3 zoning, this versatile property provides endless potential for investors. The main house features two beautifully updated residential units: Unit A: A spacious 4-bedroom, 1.5-bath unit with soaring 10-ft ceilings in the living room, generating $2,850/month. Unit B: A cozy 1-bedroom, 1-bath unit, bringing in $1,800/month. Additional income sources include: Insulated 2-bay garage: Renting for $1,431/month. Commercial-grade, fully insulated Quonset hut: Featuring 1,800 sq. ft. of warehouse space with two man doors and two garage doors, 200 amp panel, leased at $2,375/month + propane. Cap Rate of 7.68%%, this property is both a stable and high- potential addition to any investment portfolio. Cash flow of about $2,040/mth. 1.51 DSCR. ROI over 19.55%. The huge fenced lot, bordered by a creek, offers beautiful landscaping, ornamental trees, perennial gardens, and plenty of space for vegetable gardens, play structures, or pets. Located just 16 minutes from the Ottawa International Airport and 7 minutes from Findlay Creeks shopping district, this property is conveniently close to schools, parks, the library, grocery stores, and the post office. Steeped in history, the “Old Post” has served as a post office, country store, and village center for over a century. Whether you’re looking to expand your investment portfolio or explore new business opportunities, this rare find is not to be missed! Village Mixed-Use (VM3) zoning allows for residential and non-residential uses including: community centre, day care, food production, municipal service centre, personal service business, restaurant and retail store. Call today for more details or to book a viewing! (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)