Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa’s most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) – a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don’t miss it! (id:50982)

Carleton Place, Ontario

Break into the housing market with this GREAT INVESTMENT OPPORTUNITY IN THE HEART OF CARLETON PLACE! Or add this this TRUE brick century home to your portfolio that exudes charm while offering strong income potential. Set in a prime downtown location, this side-by-side duplex features two spacious units plus a third bachelor-style apartment, ideal for investors or those looking to live in one unit and rent the others. Unit 1 offers 3 bedrooms, 1 bathroom, a versatile loft space, and a private balcony. Unit 2 includes 2 bedrooms and 1 bathroom, both with generous living areas filled with natural light. The third bachelor unit is currently home to a reliable long-term tenant. Apartment 2 currently rented for $2,300/m. Bachelor unit currently rented for $934/m all inclusive with 1 parking space. Each unit has separate laundry. Major updates provide peace of mind: roof (2022&2023, $23,946), windows (2023, $20,318), new siding and insulation on Unit 3 (2022), renovated bathroom in Unit 1 (2024), kitchen upgrades including new counters in Unit 2 (2023). Over $40,000 in renovations and updates completed in 2025 alone! Electrical and plumbing have been updated, and four rebuilt decks and one balcony (2022-2024). Storage shed, and parking for up to six vehicles. Separate hydro and gas meters for easy management. A rare opportunity to own an incredibly well maintained, income-generating property in a thriving town, walking distance to shops, restaurants, and the Mississippi River. (id:50982)

Arnprior, Ontario

Smart Start for First-Time Buyers! 54 and 56 Williams Street. Live in One Unit, Rent Out the Other!Fantastic investment opportunity in the heart of Arnprior. This well-maintained two-storey duplex is ideal for first-time buyers looking to enter the market with built-in rental income. Live in one unit and rent out the other, a great way to offset your mortgage while building equity. Each spacious unit features 3 bedrooms, 1 full bathroom, in-unit laundry, and dedicated parking. With a functional layout and solid rental potential, this property also suits multi-generational living or long-term investors.Set on a generous lot in a prime central location, you’re walking distance to schools, parks, shopping, and Arnprior’s popular restaurants and cafes.Across the street, enjoy direct access to the Algonquin Trail a 296 km multi-use trail perfect for biking, jogging, dog walking, snowmobiling or snowshoeing. A rare chance to own a versatile, income-generating property in one of Arnprior’s most desirable neighbourhoods. Please note: To respect the privacy and comfort of the current tenants, interior photos are not available, however, a detailed floor plan has been provided. You can move into one of the units as early as November 1st. (id:50982)

Ottawa, Ontario

395 McLeod Street represents a compelling investment opportunity in the heart of Centretown, one of Ottawa’s most established and consistently in demand urban neighbourhoods. As of July 2025, the property generated $59,582.64 in gross rental income, with total operating expenses of $19,510.59, resulting in a strong net income of $40,072.05. These figures reflect stable performance, efficient cost management, and dependable cash flow, making the property well suited for investors seeking both income reliability and long term value preservation.Centrally located, the property benefits from exceptional walkability and proximity to downtown Ottawa, Parliament Hill, major employment hubs, and key transit routes. The surrounding area is anchored by the vibrant commercial corridors of Bank Street and Elgin Street, offering a wide range of restaurants, retail, and daily amenities. This location continues to attract a diverse and stable tenant base, including government employees, professionals, and students, supporting consistent rental demand and favourable long term growth potential. With its strong financials and prime urban setting, 395 McLeod Street is a solid addition to a well balanced real estate investment portfolio. (id:50982)

Ottawa, Ontario

This exceptional Brand New Six unit, all brick Apartment Building, has been built with the highest quality and with attractive premium finishes throughout. It is comprised of six large 3 bedroom apartments. The kitchens are a chefs dream, with quartz counters & boasting high-end stainless steel appliances, (includes dishwashers) custom cabinetry with modern hardware, and large islands, perfect for entertaining or casual dining. Each unit has hardwood flooring throughout & in unit laundry. Each apartment unit is heated independently with heat pumps and electric baseboard heating and all have their own air conditioning. This stunning 6-unit build offers approximately 1,000 square feet per unit of modern living space, designed with comfort and style in mind. The open-concept layout found in each unit offers sleek hardwood floors throughout, ample recessed lighting, and a neutral colour palette for a bright and inviting atmosphere. Each unit includes three generously sized bedrooms with plenty of natural light, balconies, and storage options. Two beautifully designed bathrooms per unit, one of which being an ensuite, featuring modern fixtures and finishes, including a spacious walk-in shower in the ensuite and a bathtub for relaxation in the main bathroom. Additional amenities include in-unit laundry, in-unit climate control, a sleek wall-mounted heat pump system providing A/C, and a convenient layout for comfortable living. Lower units enjoy 9 foot ceiling height and huge windows. Ideally situated minutes from the Experimental Farm, the Civic Hospital and near to downtown. This property is close to public transit and each unit includes one parking spot. This 6 unit offers strong income with $16,000 in monthly rent – $2,750 for both main floor units and both upper units, and $2,500 for both lower units. Tenants pay hydro & heat. Gross Income is $192,000.00 and the NET INCOME is $164,859.00 per year. (id:50982)

Ottawa, Ontario

A perfect opportunity for an owner occupy buyer! Situated on one of Sandy Hill’s best streets and walking distance to Ottawa U, downtown, Byward Market, Rideau River and Strathcona park. All three units under complete renovation and existing tenants on month to month leases. (60 days notice required for vacancy by owner occupant buyers) One two bedroom unit and two spacious one bed units in this majestic three storey building. 2024 Expenses $14,897. Accepted conditional offer required for showings due to construction safety requirements. (id:50982)

Brockville, Ontario

Incredible Opportunity to develop an iconic landmark in downtown Brockville. MD Zoning allows for a variety of purposes including both Office and Residential. (id:50982)

Ottawa, Ontario

INVESTOR ALERT – 5.5% CAP RATE IN LITTLE ITALY.Exceptional opportunity to acquire a 6-unit multi-residential asset in one of Ottawa’s most supply-constrained and high-demand rental markets. This property offers a strong and versatile unit mix of three 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit, delivering immediate income with long-term upside. Current cap rate of approximately 5.5% provides a compelling return in a premium urban location. Two units feature large private decks, a rare value-add in central Ottawa that supports tenant retention and potential rental premiums. A rear parking lot further enhances tenant demand and income stability. Numerous updates and renovations have already been completed, reducing near-term capital expenditures, while remaining cosmetic improvements present a clear opportunity to further increase rents and overall asset value. Each unit offers functional layouts with generous living spaces, appealing to a broad tenant base including professionals, families, and students. The location drives consistent occupancy, situated steps from Preston Street’s vibrant restaurant and retail corridor, and minutes to Dow’s Lake, the Arboretum, Carleton University, the O-Train, and major downtown employment hubs. This is a rare chance to secure a 6-plex in Little Italy at a 5.5% cap rate-a combination of yield, location, and upside that is increasingly difficult to find. Ideal for investors seeking strong cash flow, future rent growth, and long-term appreciation. Act quickly. Some images have been virtually staged to protect tenant privacy. (id:50982)

Ottawa, Ontario

Calling all investors & savvy owner-occupiers! Outstanding investment opportunity in a sought-after, walkable & village-like location steps to Beechwood Village where cafés, bakeries, restaurants, specialty grocers, pharmacies, salons, shops and everyday conveniences create an exceptional urban lifestyle. Enjoy proximity to parks, schools, green spaces & the scenic Rideau River Eastern Pathway for cycling, running and relaxing walks, + quick access to Stanley Park & the peaceful paths of Beechwood Cemetery. Commuting is unbeatable w/well-connected transit along Beechwood Ave, pedestrian-friendly routes, designated cycling lanes & fast access to downtown Ottawa in under 10 min by car or bus. This solid brick triplex w/4 self-contained apts is fully rented to happy, reliable long-term tenants generating $70,224/yr, or choose to live in 1 unit & rent the others to accelerate your financial goals through smart income-producing ownership in a prime location. Layout includes 2 spacious 3-bd units + 2 well-designed apts created from the 2nd floor (2022-Can be converted bk easily to 3): a bright 1-bedrm in 2A & a 2-bedrm in 2B, all with laundry facilities. Features: 4 hydro meters (tenants pay own hydro except 2A & 2B), 4 fridges, 4 stoves, 3 washers, 1 W-D combo, 2 dryers & 1 freezer, with mostly hardwood & ceramic floors (some lino). Owner invested over 110K in improvements: 3 new intercom systems, exterior auto-lighting, vents, updated/added baths & kitchen(s), entire ceiling in Apt 3 redone; natural gas, 3 owned HWT, hot water boiler pressure tank & pump (2011) serviced 2025; electrical upgrades in 2012 (circuit breakers all levels) & 2022; roof 2001 (tar & gravel w/white membrane) inspected & caulked 2013 & 2017; PVC windows & front/side doors replaced 2022 (except 2-3). 2 sheds & Dble det’d garage (20 x 23) rented of $480/mo. income & expenses avail upon request. All invoices for upgrades, Leases(3 mo to mo), N1’s, survey 2022, avail upon accepted offer. Easy to show (id:50982)

Ottawa, Ontario

Discover an exceptional investment opportunity in the heart of the Glebe with this legal, fully turnkey, fully rented 5plex, essentially rebuilt from the ground up in 2017. Featuring 2 spacious 2 bedroom units and 3 bright 1 bedroom units each equipped with in unit laundry. This property offers modern finishes, quality construction throughout, and strong tenant appeal. With stable long term tenants and annual rent increases already in place, the building provides reliable, steadily growing income. Ideally located just steps from shops, restaurants, parks, and the Canal, it sits in one of Ottawa’s most sought after rental markets. A rare chance to own a premium, low maintenance investment property in an unbeatable location a true value for investors seeking dependable returns and long term growth.View featured sheets for more information. (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. **48 hour Right of First Refusal (id:50982)

Ottawa, Ontario

PERMIT READY, SITE PLAN APPROVED 16 UNIT DEVELOPMENT SITE SITUATED IN THE HEART OF HINTONBURG. Welcome to 243 – 245 Hinchey Avenue, two side-by-side lots being sold together in one of Ottawa’s most vibrant and evolving neighborhoods. Together, the lots offer approximately 0.146 acres (6,330 sq. ft.) of prime urban land with a combined frontage of 65.92 feet and a depth of 96 feet. This central location is steps from Tunney’s Pasture, LRT transit, Scott Street amenities, and Wellington Village shops and restaurants, offering unbeatable walkability and convenience. Whether you’re looking to build and hold or sell completed units in a high-demand area, this property checks all the boxes. This project is eligible for CMHC’s MLI Select program, offering lucrative 40-50 year financing options. (id:50982)