Ottawa Multi-Family Homes For Sale

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 min for all showings. (id:66888)

Ottawa, Ontario

Here’s your chance to own a truly turnkey, fully renovated bungalow where nothing has been overlooked! Extensively updated from top to bottom, this property features a new roof, windows and doors, furnace, central A/C, ductwork, owned hot water tank, electrical, plumbing, spray foam insulation, soundproofing, fire-rated drywall, kitchens, bathrooms, finishes and more. Featuring a versatile in-law suite with private entrances to both levels and **two separate hydro meters**, the home offers bright, open-concept living spaces throughout. The main level features 2 bedrooms and 1 full bathroom, while the lower level offers 1 bedroom, 1 full bathroom and its own comfortable living space. An excellent opportunity for multigenerational living, extended family, or buyers looking to live in one unit while choosing their own tenant and setting their own rent for the other. The property also features a large detached garage and a generous backyard with plenty of room to enjoy. Ideally located almost directly across from Paróquia Senhor Santo Cristo Parish Church and within walking distance of public transit, St-Laurent Shopping Centre, shops, services and more. With virtually every major component updated, this fully renovated, flexible and move-in-ready property offers exceptional peace of mind. Simply move in and enjoy! (id:66888)

Ottawa, Ontario

**PREMIUM FOURPLEX INVESTMENT IN OTTAWA’S EMBASSY DISTRICT!**A rare opportunity to acquire a **turnkey, income-producing FOURPLEX** in one of Ottawa’s most desirable and supply-constrained rental locations. Situated on a quiet dead-end street in the heart of Lower Town, this property offers the ideal combination of **stable cash flow, strong tenant demand, rental upside, and long-term appreciation potential**.The building consists of **four spacious 2-bedroom units**, a highly desirable configuration for professional tenants, couples, government employees and long-term renters. Each suite features a full kitchen, renovated bathroom and **in-suite laundry with five appliances**, helping support strong tenant retention and marketability. Select units also offer added architectural character with **fireplaces and skylights**.From an operational standpoint, the property is well optimized with **separate hydro meters**, reducing landlord expenses and improving overall efficiency. Historically low vacancy and consistent tenant demand provide dependable income, while current rents offer **meaningful future growth potential** as units turn over. The location is exceptional – just minutes from **Global Affairs Canada, the ByWard Market, Ottawa River, downtown, transit, restaurants, shops and major employment hubs**. This is the type of central, established neighbourhood where quality multi-unit properties are increasingly difficult to acquire. Includes **3 parking spaces**.An excellent opportunity for investors seeking a **low-maintenance, long-term hold with reliable income, limited vacancy exposure, rental growth potential and strong underlying land and location value**. (id:66888)

Ottawa, Ontario

33 Argyle Street offers more than a multi-unit property: it combines real estate, income and flexibility in the heart of Ottawa’s Golden Triangle. This classic three-storey red brick triplex sits on a 33′ x 99′ lot with multiple parking spaces, a private backyard and an additional 4th bachelor suite in the lower level. Over nearly a decade, the owners have carefully maintained and improved the property to the tune of nearly $200,000, in addition to an extensive remodel carried out in approx 2013. All while building a fully licensed short-term rental operation with an established five-star Airbnb track record generating more than six figures in annual revenue. The main level suite features a 1-bedroom suite with additional Murphy-bed sleeping capacity. The second floor suite offers a flexible 2-bedroom layout, while the third level includes a bright 1-bedroom apartment with ductless A/C and a well-equipped kitchen. The basement, newly finished in recent years, offers a 4th separate bachelor suite. Continue the existing short-term rental model, transition to conventional tenancies, or explore an owner-occupied approach great for house-hacking or multi-generational living. Just steps from Elgin Street, the Rideau Canal, the Museum of Nature, downtown and Parliament Hill. (id:66888)

Ottawa, Ontario

Income-producing investment opportunity in a convenient central Ottawa location. This fully tenanted triplex features three spacious 2-bedroom units and generates approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711. Each unit offers in-suite laundry and dedicated parking, plus a fourth parking space with additional income potential. The property is efficiently configured with three separate hydro meters, with tenants in Units 2 and 3 paying their own hydro. Recent improvements include rear metal stairs completed in 2025, a new rented furnace installed in 2026, updated interior doors, refreshed bathroom finishes, and LED lighting upgrades. The units offer functional layouts, hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration provides strong rental appeal for a wide range of tenants. Ideally located close to Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. A solid opportunity for investors looking for immediate rental income and long-term potential in a well-connected Ottawa location. Some interior photos were taken prior to the current tenancy. (id:66888)

Cornwall, Ontario

Attention Investors and Value-Add Buyers! Outstanding multi-family income opportunity in the heart of central Cornwall. This side-by-side duplex offers two distinct homes under one roof: a spacious 3-bedroom, 1.5-bath unit on one side, and a well-proportioned 2-bedroom, 1.5-bath unit on the other. Situated within easy walking distance to downtown dining, retail, schools, public transit, and the scenic St. Lawrence waterfront parks. The property requires cosmetic updates and TLC, offering immediate forced-appreciation potential while benefiting from cooperative tenants willing to stay on. Whether you are looking to build long-term equity, hold a cash-flowing asset with immediate day-one rental continuity, or execute a targeted value-add strategy, 301-303 Fourth Ave W delivers the foundation and scale. Property being sold strictly as-is. Book your private tour today! (id:66888)

Ottawa, Ontario

Desirable and rarely available – an attractive, well maintained, fully leased, 5-unit apartment building in Centertown. Easy to lease, manage and operate. Major capital improvement completed in the past 10yrs including boiler, roof, driveway, electrical meters, updated common areas and unit interiors. 2 parking spaces. Please contact Listing Agent for financials. Unit Mix = 1-2bed, 1-1bed, 3-studios. Rental Income = $97,520 ; Expenses = $26,093 (incl $500/unit/yr maintenance) ; Net Income = $71,427 (id:66888)

Pembroke, Ontario

The Catherine Street portfolio consists of 44 units (with 39 – 2 bedroom units) over 4 contiguous buildings, located in a quiet residential neighborhood in Pembroke, close to shopping, restaurants, schools, and downtown Pembroke, with convenient access to transit routes, grocery stores, Pembroke Mall, Algonquin College, and the Pembroke Regional Hospital. Proximity to the Trans-Canada Highway ensures quick access to surrounding communities and regional employers, making these properties highly attractive to a wide renter base. The buildings have benefited from a comprehensive program of capital improvements, ensuring the properties are exceptionally well positioned for long-term performance. Extensive upgrades to mechanical systems, windows, roofing, and balconies, along with in-suite renovations and new appliances, the portfolio offers both stability and clear upside potential through the continued renovation of remaining suites, with substantial potential rental increases as units turnover. Financials are available with an NDA. (id:66888)

Hawkesbury, Ontario

Well-maintained and fully tenanted triplex offering strong and stable income, generating *approximately $30,000 in net annual income. This solid investment property features a desirable unit mix of **two 2-bedroom units and one 3-bedroom unit*, each thoughtfully laid out and well cared for. All units have been *updated approximately 10 years ago*, providing improved finishes and long-term durability while maintaining strong tenant appeal. The property is fully occupied with reliable tenants in place, offering immediate cash flow for investors. Located in a convenient area of Hawkesbury close to schools, shopping, parks, and essential amenities, this property is well-positioned for consistent rental demand. A rare opportunity to acquire a *turnkey multi-family investment* with strong income performance and minimal vacancy risk. Ideal for both seasoned investors and those looking to enter the multi-residential market. (id:66888)

Ottawa, Ontario

Two complete living spaces. One smart opportunity. Welcome to 1557 Belcourt Boulevard, a modern 2+2 bedroom, 3-full-bathroom bungalow offering exceptional flexibility for families, multigenerational living, or rental income. Built in 2016, this property features two legal, self-contained residential units, each with its own kitchen, living space, bedrooms, bathroom, laundry, and private entrance. The property also includes two utility meters and a shared owned hot water tank. The bright upper bungalow residence offers 2-bedrooms, 2-full bathrooms, direct garage access, and its own additional lower-level family room. The main level features hardwood and tile flooring, cathedral ceilings, and an open-concept living and dining area. The spacious kitchen includes quartz countertops, stainless steel appliances, rich cabinetry, a built-in wine rack, and access to the private backyard. The primary bedroom features dual closets and a 5-piece ensuite with double sinks. With its own separate entrance, the second residence offers approximately 1,234 sq. ft. of comfortable living space. It features 2-bedrooms, 1-full bathroom, a complete kitchen, a living area, private laundry, large windows, and radiant heated flooring. This setup is ideal for larger or multigenerational families who want to live close while still enjoying their own private spaces. It also provides the opportunity to live in one unit and rent the other to help offset the mortgage. Complete with four parking spaces, an attached garage, nearby transit, and convenient access to Place d’Orléans, shopping, schools, parks, and everyday amenities, this is a unique property with space, privacy, and flexibility for a variety of living arrangements. (id:66888)

Ottawa, Ontario

Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa’s most desirable and consistently strong rental markets. Generating $89,760 in gross annual income at a 5.3% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today’s market. An option for a second position VTB is also available. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa’s premier rental neighbourhoods. (id:66888)

Ottawa, Ontario

Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa’s most desirable and consistently strong rental markets. Generating $89,760 in gross annual income at a 5.3% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today’s market. An option for a second position VTB is also available. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa’s premier rental neighbourhoods. (id:66888)