Ottawa Fourplex For Sale

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For sale
$1,500,000
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 $3,100/year. 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
$1,500,000
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 $3,100/month. 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
$2,079,999
36 ONTARIO STREET, Ottawa, Ontario

36 Ontario Street

Ottawa, Ontario

Invest or live in luxury at 36 Ontario Street. This 2016-built executive triplex offers incredible flexibility for both investors and owner-occupiers. With all current tenants on month-to-month leases, you have the rare opportunity to move into one of the expansive units while the others help pay your mortgage, or simply take over a high-performing asset generating over $124,000 in annual income for a 5.96% gross yield. Located just steps from the Rideau River, parks, and public transit, this property sits minutes from downtown Ottawa. The building features approximately 7,500 square feet of interior space with upscale finishes throughout. Each unit boasts hardwood flooring, quartz countertops, custom kitchen cabinetry, 9-foot ceilings, and oversized windows. The striking stone exterior includes a garage, four balconies, modern security cameras, and a massive rooftop patio that easily hosts over 20 guests.The floor plans are incredibly spacious. Unit 1 features 3 bedrooms, a main-floor office, 3 full bathrooms, and exclusive rooftop access. Unit 2 offers 5 bedrooms plus a den, 3.5 bathrooms, cold storage, and three separate entrances. Unit 3 completes the property with 4 bedrooms, a den, and 2.5 bathrooms.Future potential is built right in. Unit 2 features a separate entrance and is already roughed-in for a kitchen, offering a straightforward path to a fourplex conversion. Furthermore, the City of Ottawa’s proposed zoning changes expand permissions for three-storey buildings, creating opportunities for professional office use or mixed-use redevelopment. 36 Ontario Street is a straightforward, turnkey property with unmatched potential. Whether you are looking to expand your portfolio or find a luxury home that pays for itself, 36 Ontario Street delivers. Book your showing today. (id:50982)

12 Bedroom 9 Bathroom 5,000 – 100,000 ft2
For sale
$1,389,900
244 WESTHAVEN CRESCENT, Ottawa, Ontario

244 Westhaven Crescent

Ottawa, Ontario

A rare income-generating opportunity in one of Ottawa’s most coveted neighbourhoods. This fully operational fourplex sits on an exceptionally large lot in the heart of Westboro, offering four well-appointed units, each with two bright bedrooms, a full bathroom, an open-concept living and dining area, a generous kitchen, and dedicated storage space – designed with modern tenants in mind.Outside, a spacious backyard provides room to relax or entertain, while the oversized lot opens the door to significant long-term development potential, including future additions or new builds.The Westboro location is second to none. A short walk or drive from boutique shops, independent cafés, restaurants, and everyday essentials, the neighbourhood draws a consistent pool of quality tenants. Outdoor lovers will appreciate easy access to Westboro Beach and the Ottawa River Pathway – ideal for cycling, kayaking, and waterside recreation year-round. Top-rated schools, vibrant community parks, and a thriving cultural scene round out the appeal. Whether you’re a seasoned investor or looking to enter the multi-family market, 244 Westhaven Crescent delivers immediate rental income with room to grow. (id:50982)

8 Bedroom 4 Bathroom 3,000 – 3,500 ft2
For sale
$1,219,900
213 DESROSIERS STREET, Ottawa, Ontario

213 Desrosiers Street

Ottawa, Ontario

Purpose-built FOURPLEX on a 66′ x 99′ lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units – two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers. (id:50982)

6 Bedroom 5 Bathroom 3,000 – 3,500 ft2
For sale
$594,900
550-552 MARIO STREET, Hawkesbury, Ontario

550-552 Mario Street

Hawkesbury, Ontario

Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45,636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you’re looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours’ notice is required for all showings. (id:50982)

8 Bedroom 4 Bathroom 1,500 – 2,000 ft2
For sale
$1,789,000
3 WINTERGREEN DRIVE, Ottawa, Ontario

3 Wintergreen Drive

Ottawa, Ontario

Extra large lot, fabulous home right in the heart of Stittsville, with Redevelopment Potential! This is a beautiful, well maintained, spacious but cosey, 4 bedroom, family home on an exceptionally large lot. This home has gleaming hardwood floors, some with brass inlays, a large kitchen island, granite countertops, family room and sun room, share a 2 sided gas fireplace, a home office, a sauna in the ensuite and a fabulous oversize 3 car garage with a bonus 4th bay. See the feature sheet and multimedia link for more info and features. The exceptionally large, treed and fenced yard provides lots of privacy & plenty of room for kids and pets to play. It is located in a family oriented, mature, central Stittsville neighbourhood, within easy walking distance to parks, playgrounds, schools, places of worship, recreation centres, the Trans Canada Trail, as well as the shops, restaurants, coffee shops and other conveniences along Stittsville Mainstreet. There is significant frontage on Stittsville Main Street, which offers the potential for future redevelopment of all, or part of this property. The home spans two lots, each with their own Street addresses (1 & 3 Wintergreen), legal descriptions and pin numbers (PIN 044600103 & PIN 044600104). The two lots have the same tax roll number. The property is currently zoned N1D (formerly R1) under the new zoning bylaw and may qualify for a variety of development options, including a fourplex. The entire property also falls within the traditional main street designated area and the city has indicated in the past that it may be open to the possibility of rezoning and redevelopment of the property, consistent with the goals of the Stittsville Mainstreet plan. Buyers are to do their own due diligence and verify information with the city planner. (id:50982)

4 Bedroom 3 Bathroom 3,000 – 3,500 ft2
For sale
$1,685,000
289 WILBROD STREET, Ottawa, Ontario

289 Wilbrod Street

Ottawa, Ontario

Discover an exceptional opportunity to own a beautifully updated fourplex in the heart of downtown, just steps from the local university. This prime location offers unbeatable walkability, making it highly desirable for both tenants and owner-occupiers alike. The main floor features a stunning, owner-occupied three-bedroom residence, thoughtfully renovated to blend modern comfort with timeless character. Grand ceilings and expansive windows flood the space with natural light, creating an elegant and inviting atmosphere. Another feature of the main floor apartment is a spacious balcony overlooking the private patio exclusive to that apartment. Upstairs, you will find two well-appointed two-bedroom apartments and 1 – one bedroom apartment each tastefully updated to appeal to quality tenants. An additional feature is the oversized brand new deck offering ideal outdoor space overlooking the backyard. The 2nd floor apartment includes a private balcony overlooking the front. Whether you’re looking to live in one unit while generating income or seeking a solid addition to your investment portfolio, this property delivers. With strong rental potential and opportunities to further optimize cash flow, savvy buyers can unlock increased net income and maximize return on investment. A rare blend of location, charm, and income potential-this is downtown multi-unit living at its finest. (id:50982)

8 Bedroom 4 Bathroom 3,500 – 5,000 ft2
For sale
$1,325,000
44 MCLEOD STREET, Ottawa, Ontario

44 Mcleod Street

Ottawa, Ontario

Exceptional investment opportunity in the heart of Centretown! This well-maintained fourplex offers immediate rental income with all units tenant occupied and features an attractive unit mix consisting of one 2 bedroom unit, one 1 bedroom plus den unit, and two 1 bedroom units. Ideally situated just steps from the Rideau Canal and within walking distance to shops, restaurants, parks, public transit, and downtown Ottawa, this property benefits from strong tenant demand and an unbeatable central location. A private driveway provides added convenience for tenants and owners alike. Whether you’re looking to expand your investment portfolio or secure a prime multi-family asset in one of Ottawa’s most sought-after neighbourhoods, this income-generating property offers excellent long-term potential. (id:50982)

5 Bedroom 4 Bathroom 2,500 – 3,000 ft2
For sale
$2,599,000
227 BLACKBURN AVENUE, Ottawa, Ontario

227 Blackburn Avenue

Ottawa, Ontario

Modern Fourplex located in Sandy Hill, offering fully furnished 4 bedrooms and 2 bathrooms with a washer & dryer in every unit. Built in 2020, in a prime rental location, close to downtown, the By-ward Market, the Rideau Canal and more specifically, the University of Ottawa, this property is a CASH-COW with with one of the lowest vacancy rates in the City. The security & keypad system allows the Tenants to have peace of mind and easy access. These units offer modern amenities not found in other rental properties. Net Income $116,709.03/2025 (id:50982)

16 Bedroom 8 Bathroom 0 – 699 ft2
For sale
$2,195,000
59 CONCORD STREET N, Ottawa, Ontario

59 Concord Street N

Ottawa, Ontario

Welcome to 59 Concord Street – a rare opportunity to acquire a purpose-built fourplex in the heart of the Glebe, steps to the University of Ottawa and the Rideau Canal. Built in 2016, this Class A, fully stabilized asset sits in one of Ottawa’s strongest and most consistent rental corridors. The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas. Every unit is equipped with in-suite laundry, independent HVAC systems (furnace and A/C), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units – a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal. Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention. Located within walking distance to the ByWard Market, Parliament Hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the University of Ottawa and downtown employment hubs. Strong financial profile with an NOI of $105,500.30 at a 4.8% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance – an exceptional addition to any serious investor’s portfolio. (id:50982)

16 Bedroom 8 Bathroom 3,500 – 5,000 ft2
For sale
$1,099,990
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

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