Ottawa Fourplex For Sale

Ottawa, Ontario

This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5.5%. This zoning allows for a wide range of uses, including conversion into a multi-unit (triplex, fourplex, or more) to secure your retirement while enjoying a positive cashflow investment. A new roof installed in 2020 and full interior/exterior renovation (2022), including new luxury vinyl flooring, soundproofing, and updated electrical systems, ensure minimal maintenance costs. On-site parking for 6-7 cars would generate extra income, supplemented by ample street parking and a wheelchair accessible ramp, adds significant value and convenience to tenants. This prime location, combined with the extensive renovations, flexible GM zoning, and strong income potential, makes this property a truly rare find. (id:50982)

Ottawa, Ontario

Exceptional mixed-use fourplex positioned prominently at the corner of Cooper and Percy in high-demand Centretown. This income-generating asset features three residential units (one 3-bed, one 2-bed, and one 1-bed), plus a street-level commercial storefront – perfect for retail, professional services, or studio use. Flexible TM zoning allows multiple configurations and excellent upside potential. Ideal for investors seeking stable income, value-add repositioning, or a strategic owner-occupier opportunity. Walking distance to Chinatown, Little Italy, future Lebreton Flats arena, LRT, and downtown core amenities. A high-visibility property primed for growth. Income is based on stabilized figures (market rents, etc.). (id:50982)

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. (id:50982)

Ottawa, Ontario

This purpose-built fourplex is located in a quiet area of Vanier, across the street from Richelieu Park. With a Walkscore of 78, tenants can walk to shops, restaurants, schools, and public transit. The building offers 2 x 1 bedroom units, 1 x 2 bedroom unit, and 1 x 3 bedroom units with $73,188 in gross rental income up until April 2025 (unit 4 is now vacant). The coin-operated laundry machines in the basement provide additional income. Units three and four have balconies. There are five hydro meters and parking spots for tenants. The flat roof and the furnace are older, and the windows are 10-15 years old. Expense numbers are from January to November 2024. Please provide 30 hours notice for all showings. (id:50982)

Mississippi Mills, Ontario

Approved for a fourplex with parking for all units. Call listing agent for details and the approved drawings for the property. All preliminary work and plans are included in the purchase price. (id:50982)

Ottawa, Ontario

GENERATIONAL WEALTH PLAY + VTB for up to $1m on a FIRST MORTGAGE! Fourplex plus an in-law suite… New to Canada and have cash but struggle to get a mortgage?… this is for you! Investor looking for a big piece of land to eventually build a larger multiplex? This property is for you. This property is great to live in the main house and keep the rental income until you demolish and build a large multi units… endless possibilities! Gross income is $90,000 (including main house) and expenses are $26,000 = $64,000 NOI. HUGE LOT – 97 x 105feet irregular on municipal water and sewer in the heart of Blossom Park! R4Z(1078) zoning – high density multi-residential. There is so much to explore… but if you have a creative mind… it’s yours to discover! (id:50982)

Ottawa, Ontario

Discover the ultimate investment opportunity in the heart of Westboro, Ottawa’s trendiest and sought-after neighbourhood. Welcome to this turn key fourplex at 244 Westhaven Crescent. This fourplex features four thoughtfully designed units, each offering an open-concept living and dining spaces for modern lifestyles, spacious kitchens, 2 bright bedrooms, full bathrooms, and storage rooms for added convenience. Step outside to the extra large backyard space, perfect for outdoor entertaining or relaxation. Opportunities like this are rare, especially in a thriving area like Westboro. This prime location offers unparalleled lifestyle amenities such as boutique shops, trendy cafes, local grocery stores and upscale restaurants. For outdoor enthusiasts, the nearby Westboro Beach and Ottawa River Pathway provide endless opportunities for biking, kayaking, or a relaxing day by the water. Westboro is also known for its excellent schools, community parks, and thriving cultural scene. Situated on an exceptionally large lot, this property offers incredible potential for future builds and additional units. Whether you are a seasoned investor or entering the real estate market for the first time, this property combines immediate income potential with long-term growth opportunities. Don’t miss out! (id:50982)

Ottawa, Ontario

An exceptional investment opportunity in the highly desirable Lower Town/Sandy Hill area! This well-maintained FOURPLEX on EXTRA LARGE LOT (44ft X 119ft) offers four generously sized 2-bedroom, 1-bathroom units, making it an excellent income-generating property with significant upside potential. Beyond its prime location, this property boasts a large lot, offering future development UP TO 16 UNITS or expansion possibilities – an added advantage for investors looking to maximize value. Recent updates, including fire retrofit compliance, modernized electrical services, new furnaces, updated kitchens and bathrooms, and in-unit enhancements, contribute to the property’s long-term sustainability and rental appeal. With a proven history of steady cash flow, increasing property values in the area, and the potential for further enhancements, this is a rare opportunity to secure a multi-unit property in one of Ottawas most dynamic and evolving neighbourhoods. Ideally positioned just steps from the vibrant ByWard Market, Ottawa University, major transit routes, shopping, dining, and essential amenities, this property attracts a strong and consistent tenant base, including students, young professionals, and urban dwellers seeking convenience and accessibility. Whether you’re looking to expand your real estate portfolio or capitalize on the growing demand for rental housing, this property checks all the boxes. (id:50982)

Ottawa, Ontario

FIRST TIME ON THE MARKET ~ extraordinary opportunity as this immaculate FOURPLEX is in a class of it’s own ~ NEWLY BUILT in 2016 with meticulous care to create gorgeous modern living spaces + blend seamlessly into the heritage neighbourhood of Sandy Hill. COVETED LOCATION- nestled on a very quiet, tree-lined street, surrounded in green space, parks (including riverfront Strathcona Park) and unmatched access to boutique shops, fine dining, Ottawa U, embassies, government buildings, Parliament Hill, Rideau Centre, ByWard Market (markets & night-life), Rideau River, NCC pathways along the Ottawa River & more! Picture perfect curb appeal with reclaimed bricks and front balconies for each unit. ALL FOUR UNITS offer 2500 SQ FT. (approx), 2 expansive balconies (one in the front & one in the back), 6 bedrooms each, 2 full bathrooms, in-unit laundry for each unit, red oak hardwood flooring, porcelain tile and hard maple kitchen cabinets. 4 washers, 4 dryers, 4 S/S dishwashers, 4 S/S fridges, 4 S/S stoves, 4 furnaces, 3 central air, HRV, 5 hydro meters included. 9 ft. ceilings in lower level apartment. INCOME & EXPENSE STATEMENT available upon request. Very easy building to self manage. Always fully rented out. Do not miss the chance to own this very special property. Call today for a private viewing. (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 $45,529. Property Features for each unit: Furnace, Hot Water Tank, A/C, 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)

Perth, Ontario

Exceptional Investment Opportunity: Newly Built Stacked Fourplex in the Heart of Perth! Seize this rare chance to own a newly constructed, high-performing income property in vibrant Perth! Offering a projected 6.3% cap rate and estimated rental income of $2,300 per month per unit, this executive stacked fourplex is purposefully designed for both long-term rental stability and short-term vacation appeal. Each spacious unit features 2 bedrooms and 1.5 bathrooms, stylish high-end finishes, brand-new appliances, in-unit laundry, a private balcony, and modern open-concept layouts. All units are separately metered and come with dedicated parking spaces an ideal setup for both tenants and investors. Situated just steps from Perths charming downtown, residents enjoy easy access to boutique shopping, scenic parks, entertainment, and acclaimed dining. Perths proximity to Ottawa, thriving local economy, and reputation as the “Town of Festivals” make it a strategic investment destination. Whether youre looking to set your own rents in a vacant building, attract long-term tenants, or capitalize on the booming short-term rental market, this newly built stacked fourplex is a standout addition to any portfolio. Dont miss this exceptional opportunity schedule your private viewing today! (id:50982)

Ottawa, Ontario

Exceptional 5236sf land development opportunity with AS OF RIGHT ZONING ALLOWING UP TO 16 UNITS in Ottawa’s highly desirable Lower Town/Sandy Hill neighbourhood. See attached architect’s note re: development potential. Currently improved with a well-maintained fourplex featuring four spacious 2-bedroom, 1-bath units, the property provides steady rental income and long-term investment flexibility. Recent updates include fire retrofit compliance, upgraded electrical service, new furnaces, modernized kitchens and bathrooms, and additional in-unit improvements all contributing to strong tenant appeal and operational stability. Ideally located just steps from the ByWard Market, Ottawa University, major transit lines, and an array of shops and restaurants, the property benefits from high demand among students, professionals, and urban renters. Whether you’re an investor looking to hold for cash flow and appreciation or a developer ready to capitalize on the full potential of the site, this opportunity delivers exceptional value in one of the city’s most dynamic and evolving neighbourhoods. (id:50982)