Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Stately all-brick triplex in the heart of Centretown- an exceptional turnkey investment opportunity just steps to shops, restaurants, transit, and all urban amenities. Situated on a quiet one-way street surrounded by beautifully renovated homes, this meticulously updated property (2012) blends timeless character with modern finishes throughout. Offering three self-contained units, this property features two spacious 3-bedroom apartments plus a 1-bedroom lower unit, each with in-suite laundry and tenants paying hydro-an ideal setup for strong, consistent income. Apt. 1 -The main floor OWNER’S SUITE (approx. 1915 sq ft) is a standout, showcasing a bright open-concept layout with a luxurious kitchen featuring extensive quartz countertops, high-end stainless-steel appliances, and an oversized eat-in bar that comfortably seats six-perfect for entertaining. The expansive living and dining area is anchored by a gas fireplace with custom built-ins, creating a warm yet sophisticated space + access to the landscaped rear garden. This level offers two generous bedrooms, a full bath, plus a fully finished lower level with a 3rd bedroom + a media room, 2nd full bathroom, and laundry. Potential rental income of approx. $3,600/month. Apt. 2 – The upper unit spans the second and third floors, offering over (1201 sq ft) of living space. This well-designed layout includes 3 bedrooms (1 on the second floor & 2 on the third floor), a lovely kitchen with an eat-in area, a full bathroom, and in-unit laundry + a front balcony. Bright and spacious, this unit generates $2,200/month. Apt. 3 -The lower 1-bedroom unit (562 sq ft) is well-appointed and currently brings in $1,425/month. Additional highlights include a private backyard with deck and patio, 2 parking spaces (one in front and potentially one in garage) A rare opportunity to own a beautifully maintained, income-generating property in one of Ottawa’s most desirable central neighbourhoods. (id:50982)

Ottawa, Ontario

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025). Current monthly rents are as follows: Apartment 1 – $1,734; Apartment 2 – $1,850; Apartment 3 – $1,834; Apartment 4 – $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio. (id:50982)

Carleton Place, Ontario

This beautifully maintained TRIPLEX (owned by the same owners since 2004) located in a highly sought-after neighborhood, presents an incredible investment opportunity. Just a block away from Centennial Park, residents can easily access a dog friendly beach, expansive greenspace, and peaceful walking trails. The property is conveniently walking distance from downtown Carleton Place, offering a variety of quaint shops and restaurants. Highlights include a huge backyard, parking for 4 cars, and recent upgrades like a new roof and eavestroughs in 2023, and a fresh exterior repaint in 2025. The triplex features three units with recent renovations: Unit #189 updated in 2023 is a 1 bdrm upper unit. Unit #193 refurbished in 2024 is a 2 bdrm upper unit. Unit #191 freshly painted in 2026 is a 3 bdrm main floor unit. Most windows have been upgraded over the years, enhancing energy efficiency. All units have their own hot water tanks that are owned not rented. This property is a fantastic opportunity for both seasoned investors and newcomers to the real estate market, promising immediate and long-term rewards in a charming community. 24 hour irrevocable on all offers. (id:50982)

Clarence-Rockland, Ontario

What an incredible investment opportunity under $600K! This triplex has spacious units, each with a private entrance, and has a list of recent renovations/upgrades including: roof, siding, decks, bathrooms, windows, and appliances. All lunits have two bedrooms, an in-suite washer and dryer, parking, and are leased month to month with a total income of $3585. Unit 1, on the left, is a two-story unit with 1.5 baths and a large private backyard. Unit 2, at the front, has 1 bath and a large deck. Unit 3, at the back, as 1.5 baths and an enormous private backyard. There is additional storage space in the basement that is accessed from the right-side door. This is your chance to secure a lucrative property. Book your showing today! Some photos are digitally enhanced. (id:50982)

St. Catharines, Ontario

Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Welland, Ontario

Exceptional turnkey 17-unit apartment building in Welland offered at a 5.5% cap rate with approximately $3,300,000 in assumable financing at 4.75% through June 2029. Fully renovated throughout, all suites offer modern finishes, heat pumps, and in-suite laundry, with most units featuring private balconies. A major value driver is the 5 units added around 2022, which are exempt from Ontario rent control and create outstanding future rental growth potential. Professionally managed and highly stabilized, this is a rare opportunity to acquire a low-maintenance, cash-flowing multifamily asset with built-in upside and favourable debt already in place. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Brockville, Ontario

Rare chance to acquire a 24-unit Brockville multifamily asset offering immediate scale, stable in-place cash flow, and exceptional long-term upside at a 5.0% cap rate. The property features minimal landlord utility exposure with 24 hydro meters and 24 water meters, with nearly all tenants paying their own utilities. Major capital work has already been completed, including the 2022 roof, updated boiler system with new controls, backup boiler, and renovated suites with in-suite laundry. The true story here is the remarkable 61.6% gap-to-market rents, creating a clear path to substantial NOI growth and long-term equity appreciation in a strong Brockville location just off Highway 401. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Ottawa, Ontario

Turnkey newly built fourplex offering bright, spacious studio-style units with premium finishes throughout. Each unit features hardwood floors, quartz countertops, stainless steel appliances, in-suite laundry, plus independently metered utilities and separate furnaces with central A/C. Shared beautiful backyard. Tenants pay all utilities. Excellent location close to LeBreton Flats LRT, Dow’s Lake, and Little Italy. Strong rents, solid tenants, and low-maintenance construction make this an outstanding investment opportunity. (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)

Ottawa, Ontario

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa’s most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa’s multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. Vacant unit rent assumed in listed NOI. (id:50982)

Ottawa, Ontario

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa’s most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa’s multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. Vacant unit rent assumed in listed NOI. (id:50982)

Russell, Ontario

Calling all Investors! Welcome to 88 Craig Street, a legally conforming duplex with additional commercial potential in the heart of Russell Village. This unique property offers an ideal blend of residential income and business opportunity, located on the main road leading into the village – providing excellent exposure for a home-based business or professional office. The main floor features a bright 2-bedroom residential unit, all on one level, with its own laundry and spacious living areas. The lower level offers a comfortable 1-bedroom suite with a separate entrance, perfect for tenants or extended family. Completing the property is a dedicated commercial/office space on the main floor – a rare and valuable feature in this location. The 2-bedroom unit is currently rented, offering immediate income potential. Ample parking and a deep lot add to the versatility of this property. Whether you’re looking to expand your investment portfolio, operate your own business, or enjoy live-work flexibility, 88 Craig Street delivers endless possibilities. Both units have Laundry. Main Floor 2 bedroom Unit is approximately 1100 sq ft, Main Floor office is approximately 270 sq ft, Lower Unit is approximately 1000 sq ft. Renovation completed in 2012 permits available. Home Based Business possibilities. Storage available in the basement. (id:50982)