Ottawa Multi-Family Homes For Sale

Smiths Falls, Ontario

Vacant upper unit, tenanted lower unit. Good upside potential here. This up/down duplex offers 3 bedrooms upstairs with a 4- piece bathroom, a kitchen, laundry closet, a dining area, a living room and mudroom entrance. The lower level adds a second self-contained suite with 2 more bedrooms, a 2nd kitchen, another living room and dining area plus a 4- piece bathroom. The home has 2 100-amp breaker panels, each unit with its own meter. Steel roofing (2022). One new hot water tank in 2014 and one in 2024. This is a great opportunity to live in and rent one suite or rent both units. An easy managed lot with parking on the side. Lower suite is currently tenanted and is being sold with a Buyer assuming the tenancy. Tenant paying $1100/month plus Hydro (heat) on a 1year lease through to Sept 2026. Good sized yard. Parking for 4 vehicles. Steel roofing too. Note: Photos available only for the upper vacant unit. Lower level tenant is good and tidy but requested privacy. (id:50982)

Ottawa, Ontario

Welcome to this well-located up/down duplex in the heart of Hintonburg, just steps to Wellington Street and surrounded by some of Ottawa’s best restaurants, shops, and amenities. This is an ideal opportunity for investors seeking strong rental income in a high-demand area.The property features two self-contained 2-bedroom units, each with separate hydro meters and in-unit laundry. Both units are currently rented on a month-to-month basis, offering flexibility for investors or owner-occupiers. Recent upgrades (2022) include renovated bathrooms, an updated kitchen in the upper unit, and electric baseboard heating throughout. Current rents are $2,100/month for the main floor unit and $1,900/month for the upper unit, with potential for future increases in line with market rates. Situated on a generous 66 x 86.96 ft lot, the property also offers long-term upside for redevelopment in an R4 / N4B H(11) zoned area, making it an excellent hold-and-grow investment. A rare chance to own a solid income property with future potential in one of Ottawa’s most desirable urban neighbourhoods. (id:50982)

Ottawa, Ontario

Attention Developers/Builders opportunity knocks just a short block to the Canal and Echo Drive. Lot available to develop with approximately 3100 sqft, 46 ft frontage and 66 ft depth. Prime location with many newly developed luxury townhouses, condo projects & new single homes. Zoning R4UD allows for multiple uses. On file, a property report completed by Fotenn Planning and Design with proposals to develop the property into a low-rise 3 story+ basement apartment building with 8+ units or build 2 luxury semi-detached properties with permitted Secondary dwelling Units for each. Unbeatable location and area the city has designated for intensification. Minutes to Ottawa University, LRT stations, highway, downtown, Rideau Centre and Main Street to name a few. No access to the building and sold in As-Is condition. This lot awaits the right developer/builder to bring its full potential to reality! (id:50982)

Arnprior, Ontario

Neat and Tidy Duplex in Sought-After Arnprior ! Investors and home owners alike will appreciate this well maintained upper and lower duplex, ideally located in the desirable Town of Arnprior. The property is fully rented with great tenants already in place. The upper unit is bright and spacious, featuring 2 bedrooms, a good sized living room, kitchen and a 4 piece bath. The main floor unit also offers 2 bedrooms, a generous living room, kitchen and 4 piece bath. Both units are comfortable and in great condition. A shared coin operated laundry is available for the tenants use. The main level boasts a covered verandah to while away the afternoon. An oversized barn-style garage is currently being used by one of the tenants and there is ample parking available with 2 spaces for one tenant and 3 for the other. The tenants enjoy shared use of a lovely big lot. Upgrades include: roof 2015, furnace 2012, rental hot water tank 2015. Arnprior is a fast growing town and a great place to invest. This duplex is within walking distance of downtown Arnprior with shops, restaurants, banks, museum, library and much more. Arnprior offers a highly accredited hospital with many services available. An easy 30 minute commute to Kanata or 45 minutes to downtown Ottawa! Live in one unit and rent the other for extra income….or buy as an investment. Come and see ! (id:50982)

Ottawa, Ontario

Rare opportunity to acquire a large parcel in one of Ottawa’s most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in “as-is, where-is” condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours’ notice is required for all showings. (id:50982)

Gananoque, Ontario

This well-maintained 6-plex presents an outstanding investment opportunity in the heart of Gananoque. Built in 1956 and situated on a large R2-zoned lot, the property offers excellent long-term value with a private parking lot at the rear for tenant convenience. Currently, five of the six units are occupied, providing immediate and stable rental income, while the sixth unit is vacant and available for July 1 occupancy, offering potential for increased cash flow through market rent. Ideally located close to schools, grocery stores, and other local amenities, the property remains highly attractive to tenants seeking convenience and accessibility. The building has demonstrated exceptional rental stability, maintaining an average vacancy rate of just 3.5% over the past five years, reflecting strong tenant demand in the area. Generating a strong Net Operating Income of more than $85,000, this property is a turnkey addition to any investment portfolio. Major capital improvements have already been completed, including new windows in 2016, a roof replacement in 2021, and a new furnace in 2024, helping to minimize future maintenance costs. With strong financial performance, proven occupancy, quality upgrades, ample parking, and a desirable location, this is a rare opportunity to acquire a solid multifamily asset in one of Eastern Ontario’s most sought-after communities. (id:50982)

Ottawa, Ontario

Turn-key and tenant-ready, this well-maintained 6-unit property – all 1-bed, 1-bath layouts – is now available at a newly reduced price. With a strong 6% cap rate and NOI just over $93,000 annually, 154-156 Dagmar offers investors a rare combination of stability and upside, right on the border of desirable Beechwood. Every unit has been thoughtfully updated, and major systems are in excellent condition – meaning less maintenance headache and more predictable returns from day one. The uniform 1BR/1BA unit mix simplifies management and appeals to a steady pool of renters, while a history of minimal vacancy speaks to the property’s consistent demand and reliable cash flow. Whether you’re growing your portfolio or making your first move into multifamily, this is an opportunity that checks the boxes: strong income, low turnover, a sought-after Beechwood-adjacent location, and a price point that just got more attractive. ey features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross rental income: $116,160, Operating expenses: $23,022, Net Operating Income (NOI): $93,138. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. Some photos are virtually staged. (id:50982)

Ottawa, Ontario

Turn-key and tenant-ready, this well-maintained 6-unit property – all 1-bed, 1-bath layouts – is now available at a newly reduced price. With a strong 6% cap rate and NOI just over $93,000 annually, 154-156 Dagmar offers investors a rare combination of stability and upside, right on the border of desirable Beechwood. Every unit has been thoughtfully updated, and major systems are in excellent condition – meaning less maintenance headache and more predictable returns from day one. The uniform 1BR/1BA unit mix simplifies management and appeals to a steady pool of renters, while a history of minimal vacancy speaks to the property’s consistent demand and reliable cash flow. Whether you’re growing your portfolio or making your first move into multifamily, this is an opportunity that checks the boxes: strong income, low turnover, a sought-after Beechwood-adjacent location, and a price point that just got more attractive. ey features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross income $116,160, Operating expenses: $23,022, Net Operating Income (NOI): $93,138. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. Some photos are virtually staged. (id:50982)

Ottawa, Ontario

The Ultimate Income-Generator & Modern Masterpiece! Welcome to a rare turnkey opportunity in one of the city’s most sought-after neighbourhoods. Whether you are an investor looking for a high-yield property or a homeowner seeking a “mortgage helper” that doesn’t feel like a basement, this beautifully renovated bungalow delivers on every front. The sun-drenched & sophisticated upper level features a sleek, modern aesthetic with high-end finishes and an open-concept layout. Large windows flood the space with natural light, highlighting the premium flooring and contemporary kitchen. This apartment offers 3 spacious bedrooms, a full modern bath and a 3 piece ensuite bath. Bonus: A fantastic, reliable tenant is already in place, providing immediate cash flow from day one. The lower level is a Legal, Luxury Secondary Suite. This isn’t your average basement apartment. Fully legal, this bright 3-bedroom, 2 bath unit mirrors the quality of the upstairs. Currently vacant-perfect for a multi-generational family, or set your own “top dollar”market rent. Features a modern kitchen, egress windows for safety and light, and premium finishes throughout. Enjoy a massive rear deck perfect for summer BBQs, overlooking a fully fenced, private yard.Includes a sturdy shed for all your seasonal gear. No more juggling cars-the oversized driveway comfortably accommodates 4 vehicles. Situated in a quiet, family-friendly pocket where everything is at your doorstep. Steps from scenic parks, hiking trails, and the local arena. Minutes to top-rated schools,major shopping centres, and public transit for an easy commute. Properties with this level of finish and “Legal Suite” status are rare. With the upper tenant settled and the lower unit ready for occupancy, the math simply works. 24 hours notice for showings. (id:50982)

Ottawa, Ontario

Investment Opportunity in the Heart of Findlay Creek! Newly completed and fully leased 12-unit residential apartment building offering immediate cash flow in one of Ottawa’s fastest-growing communities. Located at 33 Salamander Way, this modern purpose-built rental features twelve spacious two-storey stacked townhouse units, each offering 2 bedrooms, 2.5 bathrooms, open-concept layouts, quartz countertops, stainless steel appliances, ensuite baths, private balconies, and in-unit laundry. Built in 2025, the property comprises approximately 14,652 sq. ft. of rentable area and benefits from stabilized occupancy, low-maintenance construction, and tenants pay their own utilities. Situated steps from parks, schools, retail amenities, grocery stores, and major transportation corridors, the property is ideally positioned to benefit from continued growth throughout the Findlay Creek and South Ottawa market. Condominium registration provides future flexibility, allowing units to be sold individually. Rare opportunity to acquire a turnkey multifamily asset with strong long-term appreciation potential. Buyer will have the option to acquire additional apartment buildings within the development. Building is currently condominiumized. (id:50982)

Ottawa, Ontario

Opportunity to own a solid triplex in a well-established Ottawa neighbourhood with strong rental demand! This property features three spacious 2-bedroom, 1-bathroom units, each offering hardwood flooring, ceramic tile in the kitchens and bathrooms, and practical layouts that appeal to tenants. Several updates have been completed over the years, including renovated units, newer windows, and a resurfaced driveway. A detached single-car garage provides additional storage or parking options. Tenants pay their own hydro, helping to keep operating costs down. A great option for investors looking to add to their portfolio or those seeking a multi-unit property with long-term potential. (id:50982)

Ottawa, Ontario

Nestled in one of Ottawa’s most desirable neighborhoods, this exceptional property presents a rare investment opportunity in the heart of the Glebe. From its impressive street presence to its thoughtfully maintained interiors, every aspect of this building exudes quality and charm. With lot frontage on Strathcona, O’Connor and Patterson, this property offers a unique blend of historic charm and modern convenience, making it an ideal investment opportunity while having a perfect place to call home in the main floor unit. Boasting stable rental income and long-term growth potential, this is an ideal addition to any real estate portfolio. With solid tenancy in place and future development potential, this is a turn-key opportunity in one of Ottawa’s most sought-after neighborhoods.120 Strathcona is an updated 5 unit (4+1 legal non-conforming) building boasting an unbeatable location, spacious sun-filled units, thoughtfully maintained throughout with strong rental appeal; five parking spaces (six if tandem at front); on-site lockers/laundry facilities for tenant convenience and so much more. Fire Retrofit Certification 2019. Residents enjoy easy access to a wide range of amenities, including trendy shops, cafes, restaurants, parks, the Canal, Lansdowne, the NAC, Parliament Hill and everything special that this Nation’s Capital has to offer. (id:50982)