Ottawa Multi-Family Homes For Sale

Cornwall, Ontario

Prime multi unit investment opportunity in a great location in Cornwall! This turn key fourplex features spacious well maintained units including two comfortable 2 bedroom layouts along with 2 large 1 bedroom units with strong rental history. Each unit offers functional kitchens, full bathrooms, and generous living spaces that attract quality tenants. Exceptional potential for both seasoned investors and buyers looking to add a cash flowing asset to their portfolio. Separately metered utilities, ample tenant parking, and a low maintenance exterior. Situated close to public transit, parks, and downtown amenities. Exceptional tenant retention with room for future rent upside. Dont miss this solid turn-key addition to your real estate portfolio – book a private viewing today! Additionally, two other fourplexes are currently available for purchase! Please refer to MLS numbers X13654796 & X13654790 for full details. (id:66888)

Ottawa, Ontario

Welcome to this well-located up/down duplex in the heart of Hintonburg, just steps to Wellington Street and surrounded by some of Ottawa’s best restaurants, shops, and amenities. This is an ideal opportunity for investors seeking strong rental income in a high-demand area.The property features two self-contained 2-bedroom units, each with separate hydro meters and in-unit laundry. Both units are currently rented on a month-to-month basis, offering flexibility for investors or owner-occupiers. Recent upgrades (2022) include renovated bathrooms, an updated kitchen in the upper unit, and electric baseboard heating throughout. Current rents are $2,100/month for the main floor unit and $1,900/month for the upper unit, with potential for future increases in line with market rates. Situated on a generous 66 x 86.96 ft lot, the property also offers long-term upside for redevelopment in an R4 / N4B H(11) zoned area, making it an excellent hold-and-grow investment. A rare chance to own a solid income property with future potential in one of Ottawa’s most desirable urban neighbourhoods. (id:66888)

Smiths Falls, Ontario

Exceptional turnkey duplex with a classic red-brick exterior, offering solid income and recent property upgrades. The building features two self-contained 2-bedroom, 1-bathroom units, each with en-suite laundry, and separate gas/electric meters. One unit is newly vacant, having most recently rented for $1,700 per month, offering a new owner flexibility to select their own tenant or occupy. Recent improvements include new windows, masonry repairs, new floors, and fresh interior paint, helping reduce near-term capital needs. Located approximately 45 minutes from downtown Ottawa, the property offers an attractive balance of affordability, tenant demand, and long-term growth potential. Whether you’re adding to an existing portfolio or stepping into your first multi-unit investment, this property offers immediate income and upside in a desirable commuter location. (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: currently Vacant and a great option for an Owner Occupied unit, it’s 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 on all offers. (id:66888)

Petawawa, Ontario

A rare opportunity to acquire three well-maintained multi-residential buildings, each offering 8 fully self-contained units for a total of 24 rental apartments – all 2 bedroom, 1 bathroom units. All units are currently tenant occupied, providing immediate and consistent rental income in Petawawa’s strong rental market. Ideally located close to Garrison Petawawa, with convenient access to CNL and Pembroke, this property offers an excellent combination of location, stability and investment potential. Zoned R3-E8, the property provides a desirable multi-residential use with zoning provisions, along with detailed income and expense information upon request with a signed NDA. Each unit has separate hydro metering, with tenants responsible for their own heat and hydro costs, helping keep operating expenses manageable. Built new in 2012, the buildings offer a low-maintenance investment with modern construction and units that remain in demand. Convenient onsite storage is also available, with 18 separate storage units providing tenants with additional secure space for their belongings. Opportunity for higher rents with some units when tenants turnover. With 24 units, strong occupancy and a desirable Petawawa location, this is an exceptional opportunity for investors seeking a substantial multi-residential asset with established income. Gross Rents Yearly: $346,619.16. Operating Expenses Yearly: $117063.16. Net Income Yearly: $229,556.00. Please allow 48 hours irrevocable on all offers. (id:66888)

Smiths Falls, Ontario

Exceptional turnkey duplex with a classic red-brick exterior, offering solid income and recent property upgrades. The building features two self-contained 2-bedroom, 1-bathroom units, each with en-suite laundry, and separately gas/electric metered. One unit is newly vacant, having most recently rented for $1,700 per month, offering a new owner flexibility to select their own tenant or occupy. Recent improvements include new windows, masonry repairs, new floors, and fresh interior paint, helping reduce near-term capital needs. Located approximately 45 minutes from downtown Ottawa, the property offers an attractive balance of affordability, tenant demand, and long-term growth potential. Whether you’re adding to an existing portfolio or stepping into your first multi-unit investment, this property offers immediate income and upside in a desirable commuter location. (id:66888)

Hawkesbury, Ontario

Here’s an opportunity that makes home ownership-and real estate investing-much easier to step into. This immaculate 4-plex offers three 2-bedroom apartments and one 1-bedroom apartment, with an unusually attractive advantage: at closing, two of the 2-bedroom units and the 1-bedroom unit will be vacant. Choose the apartment that works best for you, then select your own tenants for the remaining vacant units-or lease all three and build your investment from day one. The fourth apartment is occupied by a wonderful long-term tenant, providing established rental income from the start. The property has been exceptionally well maintained and offers bright, comfortable living spaces with practical layouts. Outside, you’ll find ample parking, a detached single-car garage, additional storage space behind the garage, and useful outdoor areas for tenants. For an owner-occupant, this is a compelling way to get into home ownership while having rental income help carry the property. For an investor, the combination of existing cash flow and three vacant units provides valuable flexibility and control over future tenancy. Even the street has had a refresh, with updated municipal infrastructure and newly paved roadway.Clean, flexible, income-producing and ready for its next owner-332 Catherine St. is the kind of multi-unit opportunity that’s increasingly difficult to find. (id:66888)

Cornwall, Ontario

Duplex with great cash flow! Generating a gross revenue of $32700.00. Main floor has 3 bedrooms and tenant is paying $1550 plus utilities (including garage space) This unit has a gas furnace. Upstairs is 2 bedrooms and is heated with electric baseboards. The tenant is paying $1175 plus utilities. The seller has maintained the building very well over the years. The duplex is close to all amenities and the St. Lawrence College. Property Tax is $2226, Insurance is $2006, Water is $1648, Hot water tank rental is $544.62 (id:66888)

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 a 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. The attached garage also includes a secondary kitchen for added convenience. Outdoor amenities include landscape lighting, a timer-controlled soaker irrigation system, front post lighting on a 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 additional patio areas designed for dining and relaxing around a fire feature, and a storage shed providing additional covered space. Additional features include a 30-amp hookup for an RV or camper and ample electrical service with a 200-amp main panel and 100-amp secondary service. service for the apartment. (id:66888)

Pembroke, Ontario

Welcome to 283 & 285 William Street, an opportunity to own a spacious side-by-side duplex in one of Pembroke’s most desirable neighbourhoods. This charming 3-storey proud brick home offers over 2,500 sq. ft. of living space and endless possibilities for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. Featuring two units with separate hydro & gas meters, this property offers 7 bedrooms, 2 kitchens, and flexible living arrangements to suit a variety of needs. The classic brick exterior, mature corner lot, and inviting deck add to the property’s character and curb appeal. Both units will be vacant upon closing, giving buyers the opportunity to set their own rents, accommodate extended family, or occupy one unit while generating income from the other. Conveniently located close to schools, parks, shopping, restaurants, and all amenities, this centrally located duplex offers the perfect blend of character, flexibility, and future potential. Whether you’re building your investment portfolio or searching for a home with built-in income potential, 283 & 285 William Street is an opportunity you won’t want to miss. (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

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 $72,000 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:66888)