Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Perfect for investors or families – this home includes a self-contained secondary unit with a separate entrance and hydro meter, rented for $1,900/month. An exceptional opportunity to own a legal Secondary Dwelling Unit (SDU) in the highly desirable Elmdale Acres area of Alta Vista!This beautifully maintained bungalow offers two separate units (A & B). The main unit (A) features three spacious bedrooms, an updated bathroom, hardwood and tile flooring, and an open-concept kitchen and eating area highlighted by a cozy double-sided fireplace. Mid-century modern architectural details, including studio ceilings with exposed beams and cantilevered rooflines, add warmth and character throughout.The lower-level unit (B) was fully renovated in 2017 and offers two bedrooms, a modern open-concept kitchen, a full bathroom, and a large solarium that creates a bright, spacious living area. It’s currently rented for $1,900/month plus hydro and water to excellent tenants who would like to move into the upper unit at $2,150/month. The upper unit is currently vacant, making this a fantastic live-in or investment opportunity.Recent updates include: basement renovation (2017), new furnace (2022), AC (2016), roof (2008), foundation repair with transferable 10-year warranty (2017), sump pump with battery backup (2017), hot water heater (2017), and eavestrough repairs (2017).Located on a beautiful lot close to the Ottawa Hospital, shopping malls, public transit, parks, and top-rated schools, this property combines comfort, income potential, and location. Separate hydro meters for each unit. 24 hours’ notice required for showings. All legal documents are available upon request. There are separate hydrometers for the units. 24 hours notice is required for the showings. Eavestrough repaired 2017, sump pump with battery backup 2017, Furnace 2022, Basement complete renovation 2017, HW Heater 2017, AC 2016, Roof 2008. (id:50982)

Ottawa, Ontario

Invest in community, and peace of mind with this fully renovated, purpose-built duplex in trendy Vanier North. Extensively upgraded (2022-2023), this duplex is perfectly suited for first-time home buyers who want to own with income, investors looking for a savvy property or multi-generational living. Enjoy a new roof, windows, and exterior doors, alongside front yard landscaping, shed and plenty of space to park. The interiors shine with new kitchens, bathrooms, modern flooring, stylish fixtures, and new paint throughout. The upper unit boasts three spacious bedrooms, living room, kitchen, a full bathroom with laundry. The lower unit has two bedrooms, a living room and a large kitchen with a separate laundry room. Walk to the best cafes and shops along Beechwood Avenue, and just a short jaunt to Downtown Ottawa from this turnkey home. (id:50982)

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! Contact the listing agent for full financial statements, rent rolls, and to arrange a confidential viewing. (id:50982)

Clarence-Rockland, Ontario

Turnkey legal duplex (SDU) with over 200k in renos!! Located in the peaceful, safe and strong rental demand town of Rockland, a few minutes east of Orleans. Lower level currently rented for $1,950 plus Hydro. Upper level easily rentable for $2,300 plus Hydro and currently vacant. Just minutes from grocery stores, gyms, restaurants and approximately 30 minutes to downtown Ottawa. Both units have been renovated top to bottom and offer modern, move in ready living within walking distance to schools and recreation facilities. The property also features TWO driveways, a spacious backyard, perfect for families, entertaining or additional rental income by installing a coach home. The backyard also has a gate right to the park the lock backs onto. Unit A offers 3 large bedrooms and 1 full bathroom with stylish modern finishes, stainless steel appliances, and a functional kitchen island that provides ample counter space and open concept design. The updated 3 piece bathroom includes a deep soaking tub, ideal for relaxing at the end of the day. Unit B almost a mirror image of Unit A also features 3 bedrooms and 1 full bathroom, highlighted by large deep, light beaming windows and a very modern open style filling the space with natural light. This unit includes stainless steel appliances, upscale finishes throughout, and a well appointed 4 piece bathroom complete with his and hers sinks and a deep soaking tub. An excellent opportunity for investors or owner multi generational family occupants seeking a well maintained income property or home for a large family in a convenient location. Property has three separate hydros meters. Property is wired and zoned to add a coach home. All Renovations permitted and approved. (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in a prime Ottawa location. This 30-unit building at 1216 Shillington Avenue features a strong unit mix: 1 bachelor, 28 one-bed units, and 1 two-bed unit. Ideally situated close to the Civic Hospital, major amenities, and with easy access to Highway 417, this property offers reliable rental performance and long-term growth potential. A rare chance to secure a high-demand multi-family asset in a central, sought-after area. 22 units have been renovated recently. 28 of 30 units are separately metered. Approximately 30 parking spaces. CA required to release financials. (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)

Ottawa, Ontario

Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and steel -constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome. (id:50982)

Ottawa, Ontario

A rare investment opportunity! The main floor of this bungalow has 3 bedrooms and a 4pcs bathroom, while the two basement units generate steady rental income. This location is always in demand, so vacancies are rare and most tenants remain long-term. Recent improvements include refinished and new hardwood floors (2015), updated main floor windows (2013), a new owned hot water tank plus a new rental unit (2016), and the replacement of all remaining roof shingles scheduled for completion in 2016. This property can be purchased purely as an investment, or you can live on the main level while the two basement tenants cover a significant share of your expenses. (id:50982)

Ottawa, Ontario

Prime Investment Opportunity: 6-Unit Multi-Residential Building. Located just a few blocks from vibrant Beechwood Avenue, this well-maintained 6-unit property presents a strong investment opportunity. Each unit offers one bedroom and one bathroom, with consistent updates and maintenance carried out over the years. Key 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: $115,320, Operating expenses: $22,649, Net Operating Income (NOI): $92,671. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. This property offers excellent cash flow with upside potential. Full investor package is available. Some photos are virtually staged. (id:50982)

Ottawa, Ontario

Charming and picturesque four plex, 3 x one bedroom and a den and a 2 bedroom in desirable Rockcliffe Park. This unique property is located on a quiet street on a large and mature 76′ x 101′ lot. Updates include roof shingles (’21 and ’19), chimney (’12), gas boiler (’17), updated wiring with ESA Certificate on file (’09) and much more! This well maintained property was recently repainted (exterior and interior common areas). 2 car detached garage. Survey on file (’68). Steps to Beechwood Village. 24 hours notice required for all showings. 24 hour irrevocable required on all offers. No showings after 7:00 pm. A multi generational opportunity. (id:50982)

North Dundas, Ontario

Prime investment and development opportunity in the growing community of Winchester. Located just 30 minutes south of Ottawa, 518 Church Street sits on a spacious lot with excellent redevelopment potential in an area experiencing increasing demand for quality housing. Positioned within walking distance to local schools, shopping, and the Winchester District Memorial Hospital, this property offers a rare combination of small-town charm and strong long-term investment potential. The generous lot frontage and depth make it an ideal candidate for redevelopment-whether for a purpose-built rental property, detached home, or a low-rise multi-unit building. The existing building provides the added advantage of a potential holding property, allowing investors to generate income while planning future development. Municipal water, sewer, and natural gas services are already connected, simplifying the path toward multi-unit conversion or redevelopment. Additional highlights include two deeded parking spaces with approval for additional gravel parking in front, as well as two deeded parking spots in Boyd parking lot, a roof replaced within the last five years, and future water rights secured for up to four apartment units, offering valuable flexibility for future plans. With rental demand continuing to grow across North Dundas, opportunities like this are becoming increasingly scarce. Winchester’s convenient access to Highway 31 (Bank Street), medical facilities, schools, and family amenities makes it an attractive location for both residents and investors. Whether you’re an experienced developer or an investor looking to expand your portfolio, 518 Church Street presents the location, infrastructure, and potential to bring your vision to life. (id:50982)

Ottawa, Ontario

A prime investment opportunity in Centretown, 176 Arlington Avenue is a spacious duplex featuring two well-designed units, each with its own laundry. Unit A is tenanted, and Unit B will be vacant as of June 1st (N9 received). COMBINED RENT PROJECTED AT $6500/m. Located just two blocks from Bank St., Unit A is fully renovated 2-bedroom apartment spanning the main and lower floors, offering a private entrance, charming finishes, and an efficient layout. The living room includes a large picture window, and the eat-in kitchen is equipped with extended cabinets, ample counter space, and a stainless steel sink. Two bright bedrooms, one with private outdoor access, provide versatility for families, work-from-home setups, or additional living space. A full bathroom on the main level, along with a basement that has laundry, a powder room, and storage, completes this inviting unit. Unit B occupies the second and third floors, and features a uniquely separated, thoughtful layout. The first floor includes two bedrooms + a den, one bed with a built-in desk nook and another with direct access to a front balcony. The living area, with wide-plank vinyl flooring, adjoins a modern kitchen with wood cabinets, a hex tile backsplash, and plenty of prep space. Before ascending to the top level, you’ll find a stylish 3-piece bathroom with a walk-in shower. The top floor has two cozy bedrooms with sloped ceilings, parquet-style flooring, and generous closet space, along with a second 4-piece bath for added convenience. The property sits on a deep lot with mature trees and greenery. Each unit has private entrances and well-defined spaces, making it ideal for multi-tenant rentals or live-in owners seeking extra income. Located close to transit, cafes, parks, and the upcoming redevelopment of the old Greyhound station, this property represents a solid investment in a rapidly densifying area poised for long-term growth in one of Ottawa’s most vibrant neighbourhoods. (id:50982)