Ottawa Multi-Family Homes For Sale

Kingston, Ontario

Incredible Value for this Purpose – built, legal triplex in superb condition – perfect for either owner-occupied with income or to add to your investment portfolio. With a fantastic downtown, south side location & ideally situated in a beautiful, mature neighbourhood, this very well maintained and upgraded triplex is truly turnkey. Fully leased, and with hardwood throughout, it provides rental income immediately for a seamless and solid investment opportunity. The property consists of 2 very large 3 bedroom units on the main & upper floors and a 2 bedroom on the lower level. The main & upper level have mirrored layouts with a spacious & bright living / dining area with oversized windows, updated kitchen, 3 generously sized bedrooms and a 4 piece bath. The ceiling on the main floor unit has been soundproofed and has been owner occupied. Lower level has full sized windows, updated kitchen, good sized living room/ dining room and a 4 piece bath. Plenty of parking and a 2 car detached garage on this large lot. Shared coin operated laundry in lower level and dishwashers in each unit. Recent updates to this impressive turnkey property include: New Furnace, Upgraded Electrical panel to 200 AMP, Central Air Conditioning and the triplex just had a new asphalt shingles applied to the roof.All units has been freshly painted when needed. Excellent return & cap rate. Ideally located between Queen’s University, St Lawrence College and the Teacher’s College , Restaurants, Coffee shops/ Cafes, Grocery, Pharmacy, Entertainment and all amenities, this property attracts quality tenants and ensures consistent returns. This is a solid turn key Triplex in a incredible prime neighbourhood location – this is a must see! Don’t miss out on this great opportunity! Check out the Virtual Tour link – IGuide to see this amazing Triplex.This is the one you’ve been waiting for – Schedule your viewing today. (id:66888)

Champlain, Ontario

This updated semi-detached with heritage style is a triplex in the historic part of L’Orignal. With a commercial space fronting on King Street, a 2-bedroom apartment with a riverview balcony on the second floor and a one-bedroom main floor apartment at the rear, this triplex can pay for itself. Flexibility is yours, with the commercial space available to new owners if desired. The spacious two-bedroom apartment on the second storey includes an extra room which could be a third bedroom and will be vacant on November 15, 2026. Rear one-bedroom apartment rent is: $785 all included. Upstairs apartment rent was $1600 per mo. with tenant paying Hydro. Commercial space was $1500 per month, all included. Commercial tenant can stay on, or vacate for new owners. Furnace, AC, HWT, all rented from Enercare at $230 per month. Contract is transferable. 24 hours’ notice for tenants required for showings. 24 hours irrevocable on all offers. (id:66888)

Cornwall, Ontario

EXCEPTIONAL INVESTMENT OPPORTUNITY – POTENTIAL FOURPLEX CONVERSION IN DOWNTOWN CORNWALL! Discover the outstanding investment potential of this beautifully renovated, character-filled property located at 117 First Street East, in the heart of downtown Cornwall. Featuring approximately 3,860 sq. ft. of above-grade space across three levels, this versatile building offers an excellent opportunity for investors seeking to establish a four-unit multifamily residential income property. Previously configured into four separate units, the building features multiple kitchens, bathrooms, spacious living areas, and flexible floor plans, offering significant potential for conversion into four self-contained residential apartments. The property’s Central Business District (CBD) zoning permits a wide range of residential and commercial uses, including quadruplex dwellings and apartment buildings, subject to applicable municipal requirements and approvals. Situated on a generous approximately 55 ft. 150 ft. lot with ample on-site parking, the property combines a timeless stone façade with attractive interior renovations and a highly desirable downtown location. Conveniently located near shopping, restaurants, schools, professional services, public transit, and Cornwall’s scenic waterfront. Whether you are an experienced investor looking to expand your rental portfolio or a buyer seeking a value-add redevelopment opportunity, this property offers exceptional flexibility and long-term income potential. A rare opportunity to transform a distinctive downtown property into a multifamily residential investment! (id:66888)

North Dundas, Ontario

Located just 30 minutes south of Ottawa, 518 Church Street presents an exciting redevelopment opportunity in the growing community of Winchester. Ideally situated within walking distance of local schools, shopping, restaurants, professional services, and Winchester District Memorial Hospital, this property offers an excellent combination of location, existing infrastructure, and future potential. The existing building provides an opportunity for residential redevelopment or conversion, making this an attractive proposition for an investor, builder, or developer seeking to create additional rental housing in an established community. With continued demand for quality rental accommodations in North Dundas, properties offering this type of potential are becoming increasingly difficult to find. Municipal water, sewer, and natural gas services are already connected. Municipal approval is also in place for water serving up to four apartment units, providing further support for potential multi-unit residential conversion, subject to required approvals and permits. Parking is another advantage, with municipal approval for additional gravel parking at the front, and two leased parking spaces in the municipality’s Boyd parking lot. The roof has also been recently replaced. Winchester offers convenient access to Highway 31 (Bank Street), Ottawa, medical facilities, schools, shopping, restaurants, and recreational amenities. Whether you are an experienced developer, builder, or investor, 518 Church Street offers an opportunity to explore residential redevelopment in an established and increasingly desirable community. Buyer to make their own inquiries with the Municipality regarding permitted uses, zoning, development requirements, building permits, parking, and all other approvals necessary to realize their intended use. (id:66888)

Ottawa, Ontario

Rare Centretown 50ft wide frontage duplex steps from Somerset offered by the Estate at $869,900 with vacant possession and flexible closing. Probate is complete. Zoned CM1, with 4 private drive parking spaces, a genuine rarity in the core. Two self-contained units: main floor unit features 2 bedrooms, eat-in kitchen, and full bath; upper unit mirrors the layout with 2 bedrooms, kitchen, living room and bath. Market rents in this area support $1,850-$2,100/unit, projected gross of $44,400-$50,400/yr plus parking at ($170+/space/month, 4 spaces, $8,160+/yr gross). Hot water tank (2019) on rental. Sold as-is, where-is – estate sale, no representations or warranties. 24-hr irrv on all offers. An excellent opportunity for professionals seeking a well-located, move-in-ready home with additional cash flow that offers both functionality and value. (id:66888)

Ottawa, Ontario

Live! Earn! Develop! Just Steps from Beechwood Village! Ideally located in vibrant Vanier, just minutes’ walk from the shops, cafés, restaurants, and amenities of sought-after Beechwood Village, 44 Ste-Cécile offers an exceptional combination of lifestyle, rental income, and redevelopment potential. Perfect for homeowners seeking a mortgage helper, investors, or developers.The spacious main residence offers the comfort, character, and privacy of a detached home, featuring two full bathrooms, a powder room, and a generous primary bedroom with an ensuite and walk-in closet-features rarely found in traditional duplexes. A separate, self-contained secondary unit with one bedroom and bonus area on a separate level, bathroom, living room and good sized kitchen, provides rental income, with potential gross annual revenue of approximately $42,000 when both units are rented (tenants responsible for utilities). The main residence is currently vacant but has a strong rental history, while the secondary unit rents for $1,400/month + utilities. Both units have historically been fully rented. Added conveniences include air conditioning in the main residence and separate in-unit laundry for both spaces. Set on an approximately 40 x 100 ft lot, the property offers significant redevelopment potential. The upgraded N4B H(11) zoning (per GeoOttawa/to be verified by Buyer) supports residential intensification and multi-unit development, with an 11-metre height designation, subject to applicable zoning requirements and municipal approvals. Enjoy easy access to Rockcliffe Park, downtown Ottawa, the ByWard Market, the Rideau River, public transit, and scenic cycling paths. Live comfortably, earn rental income, or unlock future development potential-all within walking distance of Beechwood Village! Unit 2 is tenant-occupied. Minimum 24 hours’ notice required for showings. (id:66888)

Ottawa, Ontario

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa’s fastest-growing urbancores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms eachrented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location.Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility. (id:66888)

Ottawa, Ontario

PRIME INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF VANIER! Discover the potential of 289 McArthur Avenue, a well-maintained, income-producing triplex offering exceptional versatility for investors, developers, and entrepreneurs. Fully leased with three long-term residential tenants, this property provides established rental income from day one. Formerly a dental office, the property offers a unique history and exciting possibilities for future use. Zoned Traditional Mainstreet (TM), it presents opportunities for residential, commercial, and mixed-use development, subject to municipal approvals. Maintain the existing triplex, enhance rental income through improvements, or explore redevelopment and intensification potential. Additional income is generated from two rented detached garages and coin-operated laundry facilities. Ideally situated along the McArthur Avenue corridor, just minutes from downtown Ottawa, public transit, shopping, restaurants, schools, parks, and the Rideau River pathways. With its established rental income, desirable urban location, and flexible zoning, this property offers both immediate investment value and exciting long-term potential. INVEST TODAY, DEVELOP TOMORROW – THE POSSIBILITIES ARE ENDLESS! (id:66888)

Ottawa, Ontario

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18′ x 71.19′ lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.12% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: A two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa’s most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required (id:66888)

South Stormont, Ontario

SOLID 6-PLEX INVESTMENT OPPORTUNITY! Looking for an attractive multi-residential investment property? Built in 2013, this all brick 6-plex is perhaps exactly what you’ve been waiting on to add to your portfolio… The property is currently fully leased with an annual total income of over 89k and is situated in the heart of Long Sault only steps away from the Long Sault Plaza, the Public School & the Municipal Park + Splash Pad, Churches and just a short walk to the St Lawrence River, the Waterfront Trail and the beautiful Long Sault Provincial Park which offers Camping, Beaches and Scenic Views! The building has been well maintained by the current owner and has experienced a very low vacancy rate over the years due to its great condition + convenient location. The building mix consists of 6 – 2 bedroom suites with designated parking, in-suite laundry hookup’s and the above grade units have a balcony with a view of the St Lawrence River + the upper level units feature vaulted ceilings. Initial viewings will be arranged for 1 suite to potential investors subject to RTA guidelines, once an offer is accepted a full inspection of the building and each unit will be provided as well as a signed income/expense statement. Please provide 48 hours notice for any/all showing requests. Seller requires SPIS signed & submitted with all offer(s) and 2 full business days irrevocable to review any/all offer(s). (id:66888)

Ottawa, Ontario

Welcome to 31A Pritchard Drive, a beautifully updated 4 bedroom, 2 bathroom main level home in the heart of desirable Manordale. Offering over 1,800 square feet of finished living space, this bright and spacious residence features hardwood flooring, an open concept living and dining area, and a modern kitchen designed for everyday living and entertaining. The inviting living room is highlighted by a sleek built in electric fireplace, creating a warm and stylish focal point. The finished lower level provides a large family room plus a versatile bonus space that is ideal for a home office, gym, playroom, or guest area. Enjoy access to a generous shared backyard surrounded by mature trees, along with private in unit laundry and ample parking. Conveniently located near schools, parks, shopping, transit, and major routes, this move in ready home offers comfort, flexibility, and an excellent west Ottawa location. (id:66888)

Brockville, Ontario

Calling all investors! Looking for a great investment property with plenty of potential for future income growth and a convenient location? Be sure to check out this well-maintained 6-unit building featuring three 2-bedroom units, three 1-bedroom units and a 2-car garage!This property has seen numerous updates over the years, making it an attractive addition to any investment portfolio. Five of the six units have been updated, with only one remaining, offering an opportunity to add further value. Other improvements include updated furnaces, with a portion of the roof scheduled to be replaced this year.One of the great advantages of this investment is the expense structure! All tenants pay their own heat and hydro, while the landlord is responsible for the water for all six units, along with property taxes, insurance and ongoing maintenance. This helps keep operating expenses manageable while providing the opportunity for future rental income growth.Whether you’re an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers six income-producing units, numerous improvements already completed and potential for increased returns over time.Located in a convenient area close to everyday amenities, this is an investment opportunity worth exploring. Additional information on the units, rental income and operating expenses is available for serious buyers.Don’t miss your chance to add this 6-unit property to your investment portfolio. Invest today and explore the potential for tomorrow! 24 hours notice for all showings. (id:66888)