Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you’re an experienced investor or looking to add a quality income property to your portfolio, 734 De L’Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood. (id:66888)

Madawaska Valley, Ontario

Investment opportunity that is fully tenanted and shows a good return. Two apartments have been fully updated, new windows on most of the windows in the building, quiet building with mature tenants. Central propane forced air heat. Located within walking distance to all amenities in Barry’s Bay. the pictures posted are of one of the 1 bedroom units which was updated. A courtyard backyard can be enjoyed by 3 of the units and a large front verandah also. There are 3 one bedroom units and 1 upper 2 bedroom unit. (id:66888)

Ottawa, Ontario

Welcome to 10 Chestnut Street, a unique blend of location and up-scale styling. Set in one of Old Ottawa East’s more desirable locations, this thoughtful and modern 4 plex is nestled in a tranquil downtown neighbourhood. As well, it offers immediate access to the 417 (East & West bound), walking distance to Lee’s ave LRT, Trendy Amenities, Restaurants & Local Cafes, the natural Beauty of the Rideau River and Canal, Local Parks, Biking Paths, and a new Canoe/Paddle Board Boat Launch are just blocks away. MAIN LEVEL: This executive one-bedroom unit features an open concept spacious dining and living area, with ample space to lounge and dine, along with a large bedroom and marble ensuite. SECOND LEVEL: This cozy two-bedroom unit has just the right space for that live-work balance, including a built-in bar area, porcelain floors through-out, and ample space to lounge or dine at an oversized granite kitchen island.THIRD LEVEL: This two-bedroom unit is about that upscale New York Penthouse vibe-white marble, crystal, acrylic, mirrored glass and all the luxuries one would associate with the Upper East Side.LOWER LEVEL: This thoughtfully designed unit has 9-foot ceilings, ample storage, a laundry room, a sleek kitchen , and a spacious bedroom area.Income 10,935 per month=$131,222 per year. EXP =$26,558. NOI 104,662. Cap 4.6. (id:66888)

Ottawa, Ontario

Prime Investment Opportunity in Ottawa Turnkey 5-Plex with Excellent Returns: Welcome to 309 Cyr Avenue, an exceptional chance to secure a fully tenanted, income-producing 5-unit property in a desirable Ottawa neighbourhood. Whether you’re an experienced investor or looking to grow your portfolio, this asset delivers reliable cash flow today with strong upside potential. This well-maintained 5-plex offers a versatile mix of spacious, updated units occupied by quality tenants. The exterior has been recently renovated, boosting curb appeal and minimizing capital expenditures in the years ahead. Inside, with room to further enhance rents and maximize income, this property has much upside potential. With steady income in place and under-market rents, this property is perfectly positioned for a new owner to unlock additional value through strategic updates and rental increases over time. Key Features: Five fully rented units with strong tenancy history; Newly renovated exterior low maintenance for years to come; Excellent location close to schools, transit, shopping, and Ottawas downtown core;; Opportunity to increase revenues and build long-term equity This is your chance to acquire a turnkey multi-unit property in one of Ottawas most robust rental markets. Properties of this calibre and income potential rarely become available. Don’t wait, schedule your private tour today and see everything 309 Cyr Avenue has to offer! (id:66888)

Cornwall, Ontario

An affordable opportunity to enter the investment market! Whether you’re looking to become a landlord or explore the potential to owner-occupy while offsetting your living expenses with rental income, this centre-town duplex is worth a look. Featuring two self-contained one-bedroom units, each equipped with its own gas space heater, gas cooking stove, gas meter and electrical meter. Both units benefit from newly installed electrical panels, while the durable metal roof offers added peace of mind. Outside, you’ll find a neatly maintained yard, a large storage shed and parking for two vehicles. Tucked away on a quiet, low-traffic street in an established centre-town neighbourhood, this property offers convenience without the hustle and bustle. Both existing tenancies are month-to-month. An accessible price point with income potential and flexibility for the future. 24hr irrevocable on all offers. Call today to book a tour! (id:66888)

Ottawa, Ontario

Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $142, 338.12. Expenses $29,271.15. NOI $113,066.97. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to U Ottawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. (id:66888)

Ottawa, Ontario

Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $142, 338.12. Expenses $29,271.15. NOI $113,066.97. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to UOttawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. (id:66888)

Ottawa, Ontario

A great opportunity for investors or buyers looking to live in one home while generating rental income from the other! Located at 46 Ashburn Drive, this property features two fully renovated semi-detached homes, each offering 3 bedrooms, 2.5 bathrooms, a finished basement, single-car garage and private fenced backyard. Both units have been updated throughout and offer comfortable, modern living spaces. Unit A is currently vacant, offering flexibility for immediate occupancy or the opportunity to select your own tenant. Unit B is occupied by a great, long-standing tenant with approximately three years remaining on the lease. While the tenant has requested that interior photos not be posted online, the unit has been very well maintained. The layout is similar to Unit A, with the exception of a more traditional, separate room design and an additional main-floor bedroom in place of the dining room, ideal for a home office or guest space. Each home has its own utilities, providing added convenience for owners and tenants alike. Situated in an established Ottawa neighbourhood, close to schools, parks, shopping, transit and everyday amenities. Whether you’re looking for an income property, a place to call home with rental income next door, a long-term investment, or even a multigenerational living arrangement down the road, this property offers plenty of possibilities. (id:66888)

Cornwall, Ontario

Situated in the center of Cornwall, this side-by-side duplex comprises two 2-bedroom units, each equipped with laundry hookups. The main levels of each unit feature a living room and a spacious eat-in kitchen with a patio door leading to the rear yard. The upper levels consist of 2 generous sized bedrooms and a full bathroom. Unit 12 is rented at $1400 plus utilities and unit 12A is rented at $1200 plus utilities. Recent upgrades include the replacement of all windows and Unit 12 has been freshly painted. Additional features include two separate hydro meters, new back roof shingles installed in 2020, and front roof shingles installed in 2013. The property also includes two owned hot water tanks. As per GEO – Semi-detached with both units under one ownership. Please note that minimum 24-hour notice is required for viewing. Seller is open to negotiations. (id:66888)

Ottawa, Ontario

Welcome to 105 Jolliet Avenue, a renovated income property ideally situated just steps from the shops, cafés, and restaurants of Beechwood Village! Located in one of Ottawa’s most desirable urban neighbourhoods, this legal duplex with an additional non-permitted third unit offers investors an attractive combination of rental income, flexibility, and long-term potential. The property features three updated living spaces, each offering bright interiors, functional layouts, modern kitchens, and stylish finishes throughout. A desirable corner lot and on-site parking further add to the property’s appeal! The upper unit is rented for $1,900 per month, all-inclusive, tenants currently on a month to month lease. The lower unit is rented for $1,300 per month plus hydro expiring on March 31st, 2027, while the main floor unit is rented for $2,000 per month, all-inclusive, with a tenancy expiring August 31st, 2027. Together, the three units generate approximately $62,400 in annual gross rental income at the stated rents. Monthly operating expenses include approximately $200 for hydro, $200 for water, $150 for gas, $143.53 for the Reliance rental furnace, air conditioner, and hot water tank, and $250 for insurance. Whether you’re looking to expand your investment portfolio or explore the potential to occupy one unit while generating rental income from the others, 105 Jolliet Avenue presents an excellent opportunity to invest in a well-established neighbourhood surrounded by ongoing infill and redevelopment. Enjoy the convenience of Beechwood Village, with restaurants, cafés, shops, parks, and everyday amenities just moments from your doorstep! (id:66888)

Ottawa, Ontario

SET YOUR OWN RENTS – STRONG CASH FLOW OPPORTUNITY! Look no further than this income-generating duplex, perfectly positioned on a spacious 42.45 ft x 89.83 ft lot bursting with development potential – a rare find for savvy investors looking to build long-term equity and cash flow in one package. The main level unit boasts a generous 4-bedroom layout with a full bathroom and in-unit laundry, offering ample space for a family or roommate setup, while the fully finished basement adds a 5th bedroom and a second full bathroom maximizing rental potential and flexibility. Upstairs, the second level unit features 2 bright bedrooms, 1 full bathroom, a well-appointed kitchen, and the added convenience of in-unit laundry. Both units are separately metered for hydro, giving owners flexibility and reduced utility overhead. The entire property has been freshly painted throughout and features a brand-new 2025 A/C unit, meaning less upkeep and more peace of mind from day one. A newer shed is also included with the purchase, offering great additional storage space. With 7 bedrooms and 3 bathrooms total, this property is built for hassle-free, high-demand rental income. Situated in a thriving, rapidly developing neighborhood, it’s just minutes from major university, the downtown core, public transit, restaurants, and everyday shopping and amenities – everything tenants look for in a rental. Lots of this size, configuration, and development upside are increasingly hard to find in this market. Whether you’re expanding your portfolio or purchasing your first income property, this is a rare opportunity you don’t want to miss. Book your private showing today – opportunities like this don’t last long! (id:66888)

Ottawa, Ontario

WOW! BUILT IN 2019, FULLY TENANTED, AND GENERATING $77,940 IN GROSS ANNUAL RENTAL INCOME! Discover this modern duplex with a secondary dwelling unit, ideally located in the heart of Vanier! Featuring THREE self-contained units, each thoughtfully designed with 2 bedrooms, 2 full bathrooms, bright open-concept living and dining areas, and contemporary finishes throughout. Each unit offers the convenience of private in-unit laundry, its own furnace and central air conditioning, separate hydro meters, and stylish laminate and tile flooring. Built in 2019, this property combines modern construction with practical layouts and independent utilities for added tenant comfort. FANTASTIC CENTRAL LOCATION! Enjoy being just moments from the shops, restaurants, and cafés of Beechwood Village, public transit, and the scenic Rideau River, with the ByWard Market and Centretown only minutes away. Situated in a charming, evolving neighbourhood with easy access to everyday amenities and Ottawa’s vibrant downtown core. With all three units currently rented and producing $77,940 in gross annual rental income, this property offers immediate cash flow potential in a sought-after urban setting. THREE UNITS, SIX BEDROOMS, SIX BATHROOMS, AND ONE OUTSTANDING OPPORTUNITY! (id:66888)