Ottawa Multi-Family Homes For Sale

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For sale
$4,250,000
368 CHAPEL STREET, Ottawa, Ontario

368 Chapel Street

Ottawa, Ontario

Fantastic investment property in the heart of Sandy Hill. This purpose-built 7-unit has higher end finishes with all of the modern touches. Open-concept kitchen, living and dining rooms. LED pot lights and exposed ductwork. Quartz counters, modern tile and SS appliances in the kitchen. Each unit is self-contained with its own furnace, hydro meter, on-demand hot water tank, and 1-piece stacked washer/dryer. All units have central air, except Unit 7 on the lower level. Pictures of units were staged and prior to current tenants moving in. (id:50982)

4,068 ft2
For sale
$1,299,999
8950 BROWN ROAD, Niagara Falls, Ontario

8950 Brown Road

Niagara Falls, Ontario

Spacious property offering versatile living areas and extensive outdoor features. The main level includes a kitchen, laundry room, and spa area complete with Jacuzzi tub, shower, and large sauna. A dual wood-burning fireplace is installed and can be converted to gas if desired. The upper level features a separate apartment with its own kitchen and laundry facilities, offering flexible living arrangements. Outdoor amenities include landscaped lighting, timer-controlled soaker irrigation system, front post lighting on timer, and a newly designed wheelchair-accessible pathway to the rear of the property. Enjoy outdoor living with a 34′ x 12′ screened-in patio, two patio areas designed for dining and relaxing around a fire feature, plus a storage shed that provides additional covered space. Additional features include a 30-amp hookup for an RV or camper, ample electrical service with 200-amp main and 100-amp service for the apartment. (id:50982)

4 Bedroom 2 Bathroom 2,500 – 3,000 ft2
For sale
$519,900
71 STEPHEN STREET, Smiths Falls, Ontario

71 Stephen Street

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)

5 Bedroom 2 Bathroom 1,100 – 1,500 ft2
For sale
$699,900
216 HANNAH STREET, Ottawa, Ontario

216 Hannah Street

Ottawa, Ontario

CAP RATE 5.7%! Updated and well maintained TRIPLEX on a corner lot with three 1-bedroom units and two parking spots. Unit 1 – features a two-storey unit with an updated kitchen with microwave/hoodfan, eating area, a family room on the main floor, in-unit laundry and a large bedroom on the second floor with walk-in closet and full bathroom with laundry. Tenant pays $1,600 per month + hydro. Unit 2 – features a 1 bedroom unit with full kitchen, good size living room, in-unit laundry and full bathroom with laundry. Tenant pays $1,250 per month + hydro. Unit 3 – features a 1 bedroom apartment with full kitchen with eating area, spacious living room, and balcony. Tenant vacating (projected rent $1,800 per month). Updates: Heating (2022), Roof (2017), Windows (2017). NOI: $39,605 (approx.) (id:50982)

3 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$1,020,000
115 CARRUTHERS AVENUE, Ottawa, Ontario

115 Carruthers Avenue

Ottawa, Ontario

Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98,700 in gross annual income and is located just 700m from Tunney’s Pasture LRT Station and 300m from the Government Tunney’s Pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from Hintonburg’s shops and restaurants, the building also offers close proximity to the Ottawa River pathways, Laroche Park, the Civic Hospital, and the future redevelopment at LeBreton Flats, contributing to long-term rental demand.Additional features include R4UD zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note – 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *Email to get the finanical spreadsheet* (id:50982)

2,146 ft2
For sale
$1,198,000
60 CLAREY AVENUE, Ottawa, Ontario

60 Clarey Avenue

Ottawa, Ontario

The Glebe: Resilient. Walkable. Profitable. This classic century triplex at 60 Clarey Avenue sits in the ultimate sweet spot of the Glebe, just steps from Lansdowne and Bank Street. Anchor yourself in Ottawa’s most in-demand neighbourhood with a strategy to bypass old rent rolls and set market rates immediately. The main floor 1-bed unit is vacant by the end of March. The upper unit, extensively renovated in 2017, is a 2-bed + loft den with sky light with a large South-facing deck available June 1st. The lower 1-bed unit features a separate rear walkout, new egress window, and dedicated parking, providing steady cash flow. Features: a new two-tier deck, 3 hydro meters, 3 parking spots, and new 2024 HWTs. With a high Walk Score and unbeatable transit, this isn’t just a property; it’s a defensible asset in a location that consistently outperforms. Build equity where it counts. (id:50982)

4 Bedroom 3 Bathroom 1,100 – 1,500 ft2
For sale
$949,900
154 COLUMBUS AVENUE, Ottawa, Ontario

154 Columbus Avenue

Ottawa, Ontario

Well-maintained triplex offering strong rental income in a convenient location just minutes to downtown. Excellent access to transit, shopping, parks, and everyday amenities make it an appealing location for tenants. This fully occupied property features three spacious units, each offering 2 bedrooms and 1 bathroom. Unit 1 (main floor) currently pays $2200/month. Unit 2 (upper level) currently pays $2100/month (tenants are vacating March 31st – set your new rent!). Unit 3 (lower level) is currently paying $1900/month. Many improvements have been made to the property: basement fully renovated (2025); roof (2023); windows (2015); furnace (2023); exterior paint (2023) and driveway asphalt redone (2023). Information Sheet attached with additional details. Favourable zoning allows for the potential construction of a coach house in the rear yard, providing an opportunity for additional living space, a guest suite, or an income-generating unit (buyer to perform their own due diligence). (id:50982)

6 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$835,000
2147 MER BLEUE ROAD, Ottawa, Ontario

2147 Mer Bleue Road

Ottawa, Ontario

Unique opportunity located at 2147 Mer Bleu Rd, Orleans! This well-located split-level home on a generous 0.21-acre lot boasts valuable IMH(21)) zoning, offering incredible flexibility for homeowners and investors alike. Imagine the possibilities: live comfortably on the main level while operating your home-based business with a separate entrance on the lower level, or easily generate rental income by utilizing the lower level as a self-contained apartment. The main floor features a functional layout with 3 Bedrooms, an open concept living and dining room, and a full bathroom. For added convenience, one of the original three bedrooms has been converted into a dedicated laundry room.The lower level is a significant asset, complete with its own private entrance, a full bathroom, and a kitchen, alongside a spacious and versatile recreation room. This setup is ideal for a secondary living unit or a dedicated commercial space. Benefit from the sought-after IMH(21) zoning, which allows for a wide range of potential uses such as, Animal care establishment, automobile rental, car wash, gas bar, instructional facility, medical facility, personal service business, restaurant, training centre, retail store, and more. This flexibility maximizes your investment potential and opens doors to various business ventures or rental strategies. Enjoy unparalleled convenience with this property’s prime location, just steps away from large shopping plazas. Grocery stores, retail shops, restaurants, and essential services are all within easy walking distance, ensuring a convenient lifestyle for residents or tenants. Don’t miss this exceptional chance to secure a versatile property in a highly desirable Orleans location. Whether you’re seeking a live-work solution, a multi-generational living arrangement, or a smart investment with strong income potential, 2147 Mer Bleu Rd offers a unique and compelling opportunity. (id:50982)

1,721 ft2
For sale
$1,799,000
271 QUEEN MARY STREET, Ottawa, Ontario

271 Queen Mary Street

Ottawa, Ontario

Welcome to 271/269 Queen Mary; a 4 unit building composed of 2 semi-detached duplex’s in a prime Ottawa location. This modern 2-storey build offers exceptional flexibility for investors and owner-occupants alike, featuring a self-contained basement apartment on each half with their own private separate entrances. The upper units showcase contemporary finishes, large open-concept main floor layouts, and bright, well-proportioned living spaces designed for today’s lifestyle. The open concept kitchens are complete with beautiful quartz countertops and modern stainless steel appliances making the space highly usable and very appealing to tenants. The main floor spaces are complemented by premium powder rooms and large closets. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite in each unit. Laundry is made easy as there are side by side washer/dryer combos on the second level. Enjoy morning coffees and endless sunsets on the south facing 2nd level decks! The lower 1 bedroom units are fully independent, providing excellent rental income potential or multigenerational living flexibility. Follow the beautiful interlock to the backyard where you are met by private staircases and sizeable landings before entering. The open concept kitchens, living and dinning areas make the spaces feel large and allows light to flood into the living spaces. The basement units enjoy the same premium stainless steel kitchen appliances and quartz countertops found in the upper units. Complete with beautiful 3 piece bathrooms and their own laundry machines, these units provide amazing livability and value to anyone who enjoys the space. 269 and 271 Main-Floor units each rent for $3000/month. Basement of 269 is vacant. Basement of 271 pays $1700/month. Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. Landlord insurance roughly $6000/year. Water averages about $92.5/month (combined for all units). (id:50982)

8 Bedroom 8 Bathroom 2,500 – 3,000 ft2
For sale
$549,900
48 MAIN STREET W, Mississippi Mills, Ontario

48 Main Street W

Mississippi Mills, Ontario

Excellent Investment Opportunity in the Heart of Almonte! Welcome to this well-maintained duplex located in the friendly and growing town of Almonte-a vibrant community known for its charm, historic character, and small-town hospitality. This property offers two spacious and separately metered units, with reliable tenants and ample parking. The front unit was completely renovated approximately 6-7 years ago, featuring new windows, stylish and updated finishes, offers 3 bedrooms and 1.5 bathrooms. The back unit is quite large and includes 3 bedrooms and 1 bathroom, plus a private and spacious yard. Major updates include 2 new furnaces (1 in 2024 & 1 in 2025) and new roof approximately 5 years ago. This is a solid income-producing property -perfect for investors or those seeking to expand their portfolio in one of the Ottawa Valley’s most desirable small towns. A wonderful opportunity to own a proven income property in the thriving town of Almonte, where heritage charm meets modern convenience. Some photos have been digitally enhanced. (id:50982)

6 Bedroom 3 Bathroom 0 – 699 ft2
For sale
$899,900
27 PERKINS STREET, Ottawa, Ontario

27 Perkins Street

Ottawa, Ontario

Welcome to this duplex building with 3 separate units. Live on one side and rent the other. Fantastic opportunity for investors. 25 Perkins is the middle building with two 1 bedroom units. 27 Perkins is an end unit with 2 bedrooms and parking spot out front. Over $37,000/yr net income. Next to Lebreton Flats and future home to the Ottawa Senators Stadium. Detailed pdf with expenses and income along with current tenant situation available. Minutes from the bridge to Gatineau, 2.5km from University of Ottawa, 2.2km from Elgin St, 6 minute walk to Pimisi LRT station, close to Little Italy and China Town. Lebreton Flats Master Concept Plan available upon request. The plan is based on public feedback and builds. LeBreton Flats is a 29-hectare site anchored by two LRT stations at Pimisi and Bayview that hosts the yearly Bluesfest festival and in the future will be the home of a new up-and-coming community (or hockey arena). 27 has central A/C, 25 does not. Property is on a quiet dead-end street. All properties are tenanted and wish to stay. (id:50982)

4 Bedroom 3 Bathroom 3,000 – 3,500 ft2
For sale
$949,900
1714 BASELINE ROAD, Ottawa, Ontario

1714 Baseline Road

Ottawa, Ontario

Income-generating property featuring two semi-detached homes, each with basement apartments, ideally located within walking distance to Algonquin College. This prime location offers easy access to LRT station(when completed), public transit, and a wide array of nearby amenities including shopping, schools, restaurants, parks, and everyday conveniences making it highly attractive to students, professionals, and long-term tenants alike. The property generates a strong gross annual rental income of $69,772.08, with tenants paying all utilities, keeping operating costs low generating higher NOI. The building is equipped with 4 hydro meters, 2 gas meters, and water sub-metering for efficient and transparent utility management. Basement units are heated by electric baseboard, while the upper units feature forced-air natural gas heating, offering independent and reliable climate control throughout.Under the City of Ottawa’s proposed Official Plan, the property is anticipated to fall under MS2 H zoning, which allows for a wide range of mixed-use and intensified development options, subject to City approvals. This zoning framework provides significant long-term redevelopment and value-add potential at this highly desirable, transit-oriented location. A rare opportunity to acquire a high-performing income property with excellent holding income today and exceptional redevelopment potential for the future. (id:50982)

9 Bedroom 4 Bathroom 2,500 – 3,000 ft2

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