Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Stop the car! Legal Duplex in fantastic shape, live & earn … supplement your income. Lots to unpack here: Enjoy a large eat-in kitchen with plenty of cabinetry, hard surface countertops, an extra pantry, laundry facilities, and deck access. Two main-floor bedrooms mean no stairs if required, hardwood floors. Lovely living room with hardwood flooring, crown moulding, and a bay window. Main floor also has a 4-piece bathroom. The lower level features three additional bedrooms, a recreation room with a gas fireplace, and a 3-piece bathroom. The rec room can be modified back to a much larger space, the wall creating the bedroom was installed to be easily removed.The upper legal apartment is bright and spacious. It boasts an eat-in kitchen (2020), a large living room with a solarium, a huge window for lots of natural light, a generous bedroom, laundry facilities, and a study area with a built-in desk. Flooring was upgraded 2023. There are also several storage spaces. Washer/Dryer (2020) Electrical panel (2020) To code Fire Doors (2020) A 3-piece bath (2023) completes this level. 2 staircases lead to this upper level.The exterior is completed by a fenced yard with a garden shed and parking for three vehicles. (id:50982)

The Nation, Ontario

Welcome to this well-maintained triplex condo offering three spacious, fully tenanted units-an ideal addition to any investment portfolio. Each unit features a generous layout with walk-in closets and cozy gas fireplaces, adding comfort and appeal for tenants year-round. The top and middle level units enjoy private balconies, providing desirable outdoor living space. Located in the growing community of Limoges, this property offers stable rental income with strong long-term potential. A turnkey investment you won’t want to miss (id:50982)

Ottawa, Ontario

This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in downtown Ottawa with a delightful canopy of trees and remarkable properties of architectural distinction – just half a block East of Dundonald Park. Originally built for Canada’s first Postmaster General, now comprises five impressive, renovated one- and two-bedroom rental suites. Family-owned all these 38 years. Thoughtfully upgraded, meticulously maintained, and built to endure. This turn-of-the-century property features a mix of high ceilings, hardwood floors, and beautiful art deco heating radiators throughout and as it stands blends historic charm with modernized building systems. Major upgrades include renovated kitchens and baths with granite, ceramics and stainless steel appliances; quality fibreglass-framed windows; updated electrical wiring and panels; replacement plumbing stacks; interior foundation treatment (2018); stone foundation repointing (2019); boiler (2001); two hot water tanks in parallel (2015 & 2025); roofing (2005 & 2016); five hydro meters; hardwired smoke detectors; tenant lockers; storage and garbage sheds; and seven window A/C units. Unit 1 is an exceptionally spacious two-bedroom suite offering a gas fireplace, wood-burning fireplace in the living room, five-piece ensuite, in-unit laundry and private deck. Residents enjoy a welcoming veranda, lobby, balconies, patios and deck areas. The lower level provides shared coin-operated laundry, private storage lockers and workshop space. Parking accommodates three or more vehicles in tandem. The grounds are attractively landscaped with generous side and rear yard amenities. The investment fundamentals are compelling, with an NOI of $70,000 and plenty of room. Just steps from Somerset Street, Bank Street, Parliament Hill, LRT transit, cycling infrastructure, restaurants, cafés, shopping, grocery stores and everyday conveniences .Well worth a discussion and site visit. (id:50982)

Ottawa, Ontario

TURNKEY DUPLEX within walking distance of Beechwood Village, offering an exceptional opportunity for investors and owner-occupants alike. Live in one unit while generating rental income from the other, or rent both and set your own rents. BOTH UNITS ARE CURRENTLY VACANT. Unit #1 is a SPACIOUS TWO-LEVEL APARTMENT featuring 2 bedrooms, separate living and dining rooms, a sunroom, and a generous lower-level recreation room with large windows that provide plenty of natural light. Unit #2 is a freshly painted 1-bedroom apartment with a functional layout. Both feature updated kitchens and bathrooms, as well as in-unit laundry, making them move-in-ready investments with excellent income potential in one of Ottawa’s rapidly gentrifying neighbourhoods. (id:50982)

Ottawa, Ontario

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,530.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential. (id:50982)

Ottawa, Ontario

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,540.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential. (id:50982)

Ottawa, Ontario

Fully Vacant September 1st! The Glebe’s most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century triplex offers immediate upside in one of Ottawa’s strongest rental markets. Two units are vacant and move-in ready, creating a rare opportunity to establish market rents from day one. The lower-level 1-bedroom unit is tenant-occupied and features a private rear walkout and dedicated parking, with vacant possession available September 1, 2026. The freshly painted main-floor 1-bedroom unit and upper 2-bedroom unit with loft, skylights and south-facing deck provide exceptional flexibility for investors or owner-occupiers. Additional features include three separate hydro meters, three parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe’s unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential. (id:50982)

Merrickville-Wolford, Ontario

Exceptional Multi-Residential Investment Opportunity in the Heart of Merrickville Located in one of Eastern Ontario’s most charming communities this purpose-built five-unit apartment building offers investors an outstanding combination of stable income, modern construction, and virtually worry-free ownership. Situated minutes away from Merrickville vibrant downtown core, residents enjoy convenient access to boutique shopping, restaurants, cafés, galleries, and the historic Rideau Canal. Constructed two years ago, this attractive building has been thoughtfully designed with both tenant comfort and long-term ownership in mind. The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants. Each suite offers a bright, open-concept floor plan highlighted by soaring ceilings and generous living spaces that create an airy, welcoming atmosphere. Large windows allow for an abundance of natural light throughout the day, while modern electric fireplaces provide warmth, character. The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces. In-suite laundry, spacious bedrooms, well-appointed bathrooms, and efficient floor plans that maximize functionality and comfort. Four of the five apartments feature private balconies, providing valuable outdoor living space. The property includes both indoor and outdoor parking accommodations. The building’s low-maintenance design and relatively recent construction mean investors can focus on income generation rather than capital expenditures. All units are currently rented at market rates. The quality of the building, desirable suite layouts, and prime location contribute to strong tenant demand and excellent long-term rental prospects. (id:50982)

Ottawa, Ontario

Westboro, excellent brick purpose built 6 unit apartment building, substantially upgraded and fastidiously maintained, with renovated apartments in an excellent Westboro location. Renovated kitchens and bathrooms, refinished hardwood floors, plumbing stacks replaced, breaker panels in units, hood fans, bathroom fans, dishwashers, 6 parking spaces plus extra area for snow, coin op laundry, storage lockers, owned HWT’s, roof ~16 years old, furnace boiler 2015, windows replaced with vinyl windows, outdoor seating area. There is upside to the rents. 1 block to Richmond Rd and the Loblaws Superstore and all the stores and cafe’s along Richmond Road, 10 minute walk to LRT transit. The New Draft Zoning Bylaw is just around the corner and will change the zoning to Commercial CM1, which will permit a wide range of commercial uses (including retail, personal services, hotel…). There is an opportunity to substantially increase revenue. Redevelopment is also possible, with the CM1 zone permitting 6 storeys. (id:50982)

Ottawa, Ontario

Great investment opportunity in the heart of Vanier! This well-located triplex is zoned R4E, offering excellent potential for investors seeking strong cash flow and future development possibilities. Situated on a quiet side street just steps from Montreal Road, with convenient access to shops, grocery stores, restaurants, public transit, schools, and parks.The property features three levels: the main floor offers a foyer, living room, dining room, 2 bedrooms plus a den,1 bathroom and laundry. The upper unit includes a foyer, living room, kitchen, 2 bedrooms,1 bathroom and laundry and the basement unit consists of 1 bedroom and 1 bathroom. The basement requires renovations but presents strong potential for additional income once completed.Set on a large lot with a private driveway accommodating up to 6 vehicles, this property is ideal for investors or renovators looking to add value in a highly accessible, in-demand location. Property being sold “as is”. The seller makes no representations or warranties. (id:50982)

Ottawa, Ontario

Discover an exceptional opportunity to own a beautifully updated fourplex in the heart of downtown, just steps from the local university. This prime location offers unbeatable walkability, making it highly desirable for both tenants and owner-occupiers alike. The main floor features a stunning, owner-occupied three-bedroom residence, thoughtfully renovated to blend modern comfort with timeless character. Grand ceilings and expansive windows flood the space with natural light, creating an elegant and inviting atmosphere. Another feature of the main floor apartment is a spacious balcony overlooking the private patio exclusive to that apartment. Upstairs, you will find two well-appointed two-bedroom apartments and 1 – one bedroom apartment each tastefully updated to appeal to quality tenants. An additional feature is the oversized brand new deck offering ideal outdoor space overlooking the backyard. The 2nd floor apartment includes a private balcony overlooking the front. Whether you’re looking to live in one unit while generating income or seeking a solid addition to your investment portfolio, this property delivers. With strong rental potential and opportunities to further optimize cash flow, savvy buyers can unlock increased net income and maximize return on investment. A rare blend of location, charm, and income potential-this is downtown multi-unit living at its finest. (id:50982)

Ottawa, Ontario

Set on Granville Avenue, this detached duplex in Vanier offers a great balance of comfort, flexibility and income potential. The property features two self contained units, each with two bedrooms and a full bathroom, along with updated kitchens and bathrooms that make both spaces feel comfortable and welcoming. With separate entrances and individual driveways, each unit enjoys a sense of privacy that appeals to both tenants and live-in owners.The main level unit offers a functional layout with a front entry closet, a spacious living room, an eat in kitchen with ample cabinetry and room to gather, two bedrooms and a three piece bathroom. The upper unit is equally inviting, filled with natural light, modern updates, two bedrooms and a three piece bath creating a comfortable and independent living space. Both units also offer rear exits.Outside, the private backyard provides space to relax or entertain, while the detached garage adds valuable storage or workshop potential. Separate hydro meters simplify day to day management for investors and make shared living arrangements more convenient.Located just minutes from downtown Ottawa, this home is close to transit, parks, the Rideau River pathways and local favourites like Beechwood Village. With strong rental demand in a neighbourhood that continues to evolve, this property presents a solid opportunity for investors, multi generational living or anyone looking to offset their mortgage with additional income. (id:50982)