Ottawa Fourplex For Sale

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For sale
$2,299,900
359 WHITBY AVENUE, Ottawa, Ontario

359 Whitby Avenue

Ottawa, Ontario

Welcome to 359 Whitby Avenue, an exceptional, fully tenanted fourplex (2 X long semi-detached) in the heart of Westboro – one of Ottawa’s most sought-after neighbourhoods. Built with quality and longevity in mind, this modern investment property offers a rare combination of strong rental income, high-end finishes, and a location that tenants love. The building features four thoughtfully designed units: two spacious 2-storey, 3-bedroom, 3-bathroom upper units, each with private rooftop terraces, and two bright 1-bedroom lower units with walk-out patios. Each unit is separately metered and equipped with stylish, low-maintenance features including quartz countertops, 9-foot ceilings (main units), heated flooring in the lower units, in-suite laundry, LED lighting, and dedicated parking. A heated driveway adds year-round convenience, and durable construction ensures peace of mind for years to come. Just steps from the shops, restaurants, LRT station, and amenities that make Westboro so vibrant, this is a prime opportunity for investors looking to grow their portfolio in a premium location. GOI: $129,540 OpEX: $38,862. **48 hour Right of First Refusal (id:50982)

8 Bedroom 6 Bathroom 2,500 – 3,000 ft2
For sale
$1,299,900
263 ST ANDREW STREET, Ottawa, Ontario

263 St Andrew Street

Ottawa, Ontario

Permit Ready 8 Unit Build! Take advantage of plans already in place and the legwork already done. Take advantage of MLI Select financing for this 8 Unit Building ready to be built, with near 250K gross revenue. Fantastic location, drawings and plans ready, just apply for permit and go! Currently a fourplex with good rents, make income while you get ready to build. This is a spectacular location to maximize possible rental income. LRT, shops, parks and recreation nearby, public transit, etc. This would be a great property in an unbeatable location to add to your portfolio. (id:50982)

6 Bedroom 4 Bathroom 2,000 – 2,500 ft2
For sale
$1,299,900
263 ST ANDREW STREET, Ottawa, Ontario

263 St Andrew Street

Ottawa, Ontario

Permit Ready 8 Unit Build! Take advantage of plans already in place and the legwork already done. Take advantage of MLI Select financing for this 8 Unit Building ready to be built, with near 250K gross revenue. Fantastic location, drawings and plans ready, just apply for permit and go! Currently a fourplex with good rents, make income while you get ready to build. This is a spectacular location to maximize possible rental income. LRT, shops, parks and recreation nearby, public transit, etc. This would be a great property in an unbeatable location to add to your portfolio. (id:50982)

6 Bedroom 4 Bathroom 3,928 ft2
For sale
$975,000
258 KENT STREET, Ottawa, Ontario

258 Kent Street

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)

3 Bedroom 5 Bathroom 2,000 – 2,500 ft2
For sale
$1,588,000
270 ARLINGTON AVENUE, Ottawa, Ontario

270 Arlington Avenue

Ottawa, Ontario

Located in the heart of Centretown, this very well-maintained fourplex offers a rare combination of strong in-place income and owner-occupier flexibility. The owner-occupied main unit features 2 bedrooms plus a den, access to a large private deck, and offers potential rental income of approximately $2,400/month, making it ideal for an investor or buyer seeking a live-in investment opportunity. The remaining units include a 2-bedroom second-floor apartment currently rented at $2,280/month, a spacious one-bedroom third-floor unit rented at $1,880/month, and a recently renovated one-bedroom basement apartment rented at $1,640/month. Each unit includes the convenience of its own in-unit laundry. A standout feature of this property is the rare six on-site parking spaces, along with a garage currently used as a workshop, offering additional flexibility. The space may present an opportunity for future rental income or conversion back to a garage, subject to buyer due diligence and any required approvals. Ideally located close to transit, shops, restaurants, and downtown amenities, this property represents a compelling opportunity for investors or owner-occupiers looking to establish themselves in one of Ottawa’s most sought-after central neighbourhoods. (id:50982)

6 Bedroom 4 Bathroom 2,500 – 3,000 ft2
For sale
$1,399,880
339 CHAPEL STREET, Ottawa, Ontario

339 Chapel Street

Ottawa, Ontario

Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa’s most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $104,011.09 approx, yearly expenses of $29,966, delivering an estimated NOI of $74,045 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow. (id:50982)

7 Bedroom 4 Bathroom 2,500 – 3,000 ft2
For sale
$1,640,000
698 COOPER STREET, Ottawa, Ontario

698 Cooper Street

Ottawa, Ontario

Exceptional mixed-use fourplex prominently positioned on the corner of Cooper and Percy in the heart of high-demand Centretown. This income-generating asset features three residential units (one 3-bedroom, one 2-bedroom, and one 1-bedroom) plus a street-level commercial space currently leased to a barber shop until the end of 2027. The main floor offers excellent flexibility, currently configured as a three-bedroom residential unit with full basement alongside the commercial storefront. The second floor includes two well-appointed apartments, each with access to its own rooftop space and common washer/dryer. Residential units 1, 2 & 3 were renovated in 2021, with a new roof and new windows (3-bedroom unit) completed the same year. All appliances, light fixtures, HWT, and A/C units are included. Current rents: Barbershop approx. $35,670/year; 2-bedroom $23,400/year; 1-bedroom $19,680/year; 3-bedroom was recently owner-occupied (previously rented at $3,100/month) and is now vacant. Residential Neighbourhood Commercial zoning (R4UD (478) – C); buyer to complete due diligence regarding zoning and permitted uses under Ottawa zoning by-laws. Located steps to public transit and within walking distance to shops, restaurants, Chinatown, Little Italy, Lebreton Flats, and directly across from the Rideau Curling Club. A high-visibility corner property primed for growth-ideal for investors seeking stable income, value-add potential, or an owner-occupier opportunity. Check out our video tour. (id:50982)

3,200 ft2
For sale
$1,640,000
698 COOPER STREET, Ottawa, Ontario

698 Cooper Street

Ottawa, Ontario

Exceptional mixed-use fourplex prominently positioned on the corner of Cooper and Percy in the heart of high-demand Centretown. This income-generating asset features three residential units (one 3-bedroom, one 2-bedroom, and one 1-bedroom) plus a street-level commercial space currently leased to a barber shop until the end of 2027. The main floor offers excellent flexibility, currently configured as a three-bedroom residential unit with full basement alongside the commercial storefront. The second floor includes two well-appointed apartments, each with access to its own rooftop space and common washer/dryer. Residential units 1, 2 & 3 were renovated in 2021, with a new roof and new windows (3-bedroom unit) completed the same year. All appliances, light fixtures, HWT, and A/C units are included. Current rents: Barbershop approx. $35,670/year; 2-bedroom $23,400/year; 1-bedroom $19,680/year; 3-bedroom was recently owner-occupied (previously rented at $3,100/month) and is now vacant. Residential Neighbourhood Commercial zoning; buyer to complete due diligence regarding zoning and permitted uses under Ottawa zoning by-laws. Located steps to public transit and within walking distance to shops, restaurants, Chinatown, Little Italy, Lebreton Flats, and directly across from the Rideau Curling Club. A high-visibility corner property primed for growth-ideal for investors seeking stable income, value-add potential, or an owner-occupier opportunity. Check out our video tour. (id:50982)

6 Bedroom 4 Bathroom 3,000 – 3,500 ft2
For sale
$1,020,000
184 MURRAY STREET, Ottawa, Ontario

184 Murray Street

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)

8 Bedroom 4 Bathroom 2,500 – 3,000 ft2
For sale
$1,324,000
48 BOLTON STREET, Ottawa, Ontario

48 Bolton Street

Ottawa, Ontario

Location, Location, Location! Right in the Heart of It All! Step into one of Ottawa’s most vibrant neighborhoods and discover the ultimate city-living experience! This spacious, well-maintained FOURPLEX sits on a peaceful dead-end street, just moments from the Ottawa River, scenic bike and walking paths, tennis courts, trendy pubs, and some of the city’s top restaurants. You’ll also be minutes from Global Affairs Canada, the National Gallery, the National Research Council, and the Alexandra Bridge to Gatineau. Surrounded by embassies, this neighborhood is lively yet calm, offering both energy and peace of mind. Each of the four generous units features 2 bedrooms, renovated bathrooms, and full kitchens, complete with five appliances, including in-unit washers and dryers, perfect for professionals seeking comfort and convenience. Two units even boast classic fireplaces and skylights, adding charm and character. With near-zero vacancy and current tenants working in the area, this building offers steady, reliable rental income. Additional perks include: separate hydro meters, positive cash flow with room to grow, and strong potential for long-term appreciation in one of Ottawa’s most in-demand rental markets. Whether you’re an investor looking for a turnkey income property or a buyer seeking a prime location, this is a rare opportunity that truly has it all! (id:50982)

8 Bedroom 4 Bathroom 700 – 1,100 ft2
For sale
$1,100,000
642 WEST STREET, Prescott, Ontario

642 West Street

Prescott, Ontario

Attention Investors! Purpose-built in 2024, this fully leased fourplex in central Prescott delivers turnkey income, low maintenance, and the ease of self-management. Each modern 2-bed/1-bath suite features open-concept living, durable vinyl flooring, stainless steel appliances (incl. dishwasher), in-unit laundry, and efficient hot-water boiler heating (heat included; tenants pay hydro, water & sewer). Annual rent: $93,480; NOI: $81,617.32; cap rate at asking: ~7%. Gravel parking for 6. Steps to downtown amenities and minutes to Hwy 401 and the St. Lawrence stable tenants, strong returns, and a great location. (id:50982)

8 Bedroom 4 Bathroom 1,100 – 1,500 ft2
For sale
$1,625,000
219 COBOURG STREET, Ottawa, Ontario

219 Cobourg Street

Ottawa, Ontario

Lucrative investment opportunity in Sandy Hill – near Ottawa U and the Byward Market. Practical, fully occupied FOURPLEX with 0 Vacancies/ 0 Late Payments/ 0 No Payments. Extensive storage in Basement, Garage and Carport. Large yard with 3 parking spots. Desirable location and premium lot; walking distance to Strathcona Park and the Rideau River, Public Transit, Grocery Stores and Pharmacies, Rideau Centre and more. Residents enjoy access to a wide range of amenities, cafes, restaurants (id:50982)

7 Bedroom 5 Bathroom 2,500 – 3,000 ft2

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