Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Newly constructed 6-unit multiplex offering a rare opportunity to acquire a fully leased, turnkey income property in Ottawa.The building features a desirable unit mix of three 2-bedroom units and three 1-bedroom units, all currently rented, providing immediate and stable cash flow. Built with quality materials and contemporary finishes, this low-maintenance asset offers reduced capital expenditures and strong long-term rental appeal. Located in a growing and well-connected neighbourhood close to transit, parks, schools, and everyday amenities, ensuring consistent tenant demand. An exceptional addition to any investment portfolio – modern, stable, and built for long-term performance. (id:50982)

Pembroke, Ontario

Graceful Edwardian all brick Triplex close to downtown Pembroke. This lovely house sits on a corner lot was built as a 3 unit structure and still maintains it’s original Edwardian charm. Two separate driveways and backs onto school. Roof shingles, soffits, fascia and eaves-troughing replaced in 2014. Vinyl windows and doors replaced in 2008. Each unit unit has separate ground floor entrances with bedrooms & baths upstairs. Unit 201 is a Spacious unit with 3 bedrooms has attached garage and basement area with private laundry. #199 – two bedrooms upstairs, original trim, main floor laundry area off kitchen. #197 is the back unit and has been recently renovated. Small kitchen and Livingroom, 2 bedrooms, 4 pc bath. Owned Hot water tank replaced 2025. All units have separate hydro meters (tenants pay own hydro). Currently 2 units rented so pick your own tenant for unit 197 . Great location close to downtown amenities. 24 Hour irrevocable on all offers. (id:50982)

Sudbury Remote Area, Ontario

Excellent Investment Opportunity in a High-Demand Rental Area.Turn-key 4-plex offering strong, stable income with four self-contained units, each featuring private entrances and separately metered hydro. Each unit has its own laundary. The building consists of:One 3-bedroom main floor unit (newly renovated) – currently vacant, previously rented for $2,400/month. Includes basement access offering ample storage space.Two 2-bedroom units – currently rented at $1,050/month and $827.35/month.One 1-bedroom unit – currently rented at $1,280/month.With a 20% down payment, this property generates positive cash flow and offers significant upside potential through future rent optimization.Well-maintained and located in a high-demand rental area with consistent tenant demand and low vacancy rates, this is an ideal opportunity for investors seeking a clean, reliable, income-producing multi-residential asset. (id:50982)

Ottawa, Ontario

Fully renovated 6-unit building, approximately 90% rebuilt with major capital expenditures completed in 2025. Completely vacant and exceptional value-add opportunity for investors or owner-occupants looking to establish market rents from day one.Each unit features modern finishes including melamine countertops, engineered wood flooring, and Samsung appliances (stove, refrigerator, dishwasher, and over-the-range microwave/hood fan included). Units are equipped with individual hot water tanks, air exchangers, and heat pumps, with primary heating via electric baseboards.The building offers a central fire protection system including an FX-4000 intelligent fire detection and voice evacuation system. Telecommunications wiring (Bell and Videotron) has already been installed in each unit. Each apartment has its own 100-amp electrical panel.Additional features include new rear balconies, crank-style windows, commercial-grade carpeting in common stairways, and solid concrete separation walls between left and right units for enhanced soundproofing and fire resistance.Turnkey asset with strong income potential and minimal capital expenditure required. Ideally located near services, public transit, and amenities.A rare opportunity on the Ottawa market. (id:50982)

Edwardsburgh/cardinal, Ontario

Discover a rare and remarkable investment opportunity with this fully tenanted, well-maintained solid 4-plex, ideally located just two blocks from the scenic St. Lawrence River in the charming community of Cardinal.This property delivers impressive cash flow and features four well-appointed units-two generous 2-bedroom suites and two inviting 1-bedroom units. Each tenant enjoys the convenience of separately metered hydro, in-unit laundry, and their own fenced backyard, offering a blend of comfort and privacy rarely found in multi-unit buildings.Adding even more value, the property includes four individual storage units, perfect for seasonal items or additional tenant needs. There’s also ample parking for all residents.With its strong rental demand, thoughtful layout, and prime location, this 4-plex stands out as an investment with long-term upside. Whether you’re expanding your portfolio or stepping into multifamily ownership, this property checks all the boxes for a smart, reliable, and high-yield asset with over 9% cap rate. (id:50982)

Ottawa, Ontario

Incredible investment opportunity in the heart of Old Ottawa South! This fully tenanted multi-unit property sits on an expansive 30′ x 161′ lot and features a newer 3,000 sq. ft. addition, creating four self-contained apartments in total.The building includes one spacious 3-bedroom unit, two well-appointed 2-bedroom units, and one 1-bedroom unit. The original front unit has been tastefully updated with hardwood floors, granite countertops, modern cabinetry, and a renovated bathroom. It also features its own furnace (2020), A/C (2017), and rented hot water tank. The 2017 addition was thoughtfully constructed with two furnaces and two central A/C units. Additional improvements include roof (2017) and sump pump (2017). The property is serviced by 3 hydro meters, 3 gas meters, and 1 water meter. All units offer the convenience of in-unit laundry. Currently generating $11,349.31 in gross monthly rental income with a 6.3% cap rate. The property is legal as it stands, and the City of Ottawa has suggested potential for a 5-plex configuration, offering future upside for increased income. (id:50982)

Ottawa, Ontario

Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30′ x 161′ lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom – it has it’s own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%. (id:50982)

Ottawa, Ontario

Prime Triplex – Immediate Cash Flow & Upside in Ottawa’s Hottest Neighbourhood: Sandy Hill. This exceptional triplex at 460 Wilbrod Street offers proven income and strong appreciation potential in one of Ottawa’s most sought-after, walkable communities. The main level delivers a versatile 2-bath, 3-bedroom (or optional 4-bedroom) residence with dramatic 12-foot ceilings, a brilliant open floorplan, and an exclusive 3-tier deck designed for seamless outdoor entertaining. The second-floor unit captivates with 10 foot ceilings, a chef-grade kitchen, a unique sunken bedroom/studio accented by exposed brick, and two more large bedrooms, including a luxurious primary suite with private ensuite. The third-floor suite commands attention with an impressive rooftop deck, vast open-concept living space, and two well-proportioned bedrooms. The basement boosts revenue with three rentable bedrooms, a full bath, kitchenette, and profitable coin-operated laundry. A detached garage and ample surface parking elevate the asset’s appeal. Make your move for this investment gem. Fully leased units ensure instant cash flow and growth upside. Modern enhancements feature advanced exterior insulation for optimal energy savings and refined brick-veneer recladding. Three hydro meters streamline operations. Positioned mere steps from fine dining, art galleries, Parliament Hill, and the University of Ottawa. Ideal for smart investors maximizing returns. Secure your exclusive tour today and claim this standout opportunity. (id:50982)

Ottawa, Ontario

SET YOUR OWN RENTS! Fantastic Duplex on Corner lot in Great location. Solid investment opportunity, or an affordable way to get into the housing market. Live in one unit, and rent out the other! Steps to transit, parks, schools, close to Beechwood shops and restaurants. Only minutes to Ottawa U, the Byward Market and Downtown Ottawa. This 2 storey duplex boasts a 3 bedroom, TWO level main floor unit with spacious living area and basement living room, and a bright 2 bedroom Upper floor unit with large living room. With New Bathrooms, New Windows and Doors, New Gas hot water tank, and maintenance recently done, this one is ready for you. Parking for 4 cars, separate hydro meters, and a corner lot in a great family oriented neighborhood. Don’t miss out on your chance to grow your portfolio. Some photos virtually staged. (id:50982)

Ottawa, Ontario

Purpose built triplex on a deep lot. Zoning (R4-UA) would allow you to expand this building. Great cash flow and tenants pay their own Hydro. Good location close to schools, parks, transit and shopping. Peak metal roof. Gas Furnace (2024).More then $150,000 in renovations includes Kitchens, Bathrooms, Flooring, Fire Alarm, Front door entrance, etc. 4 electrical metres outside. Bsmt 1 Bedrm $1,700, Main Flr 2 Bedrm $2,100, Upstairs 2 Bedrm $2,000. Average Laundry income $100/mth. Annual Expenses $15,102. Annual Income $70,800. Net Income $55,695. (id:50982)

Ottawa, Ontario

Incredible opportunity for long-term potential! Repair and renovate this duplex or build new in a rapidly revitalizing neighborhood in the heart of Ottawa! Situated on a lot with R4UA zoning, allowing for low-rise multi-unit residential development, including duplexes, triplexes, and small apartment buildings, offering excellent potential for investors or developers with vision. Located in an area seeing significant growth, this site is perfect for creating something modern in a prime location. Please Note: The property is being sold As-Is, Where-Is. Schedules B1 (Deposit Policy), C (As-Is, Where-Is Acknowledgement), and D (Sellers Disclosure Latent Defects) must accompany all offers. (id:50982)

Carleton Place, Ontario

FOURPLEX! Welcome to 275 Bridge Street! Experience an exceptional investment opportunity in the thriving, family-friendly community of Carleton Place. This fourplex offers four spacious, well-designed 3-bedroom units, each featuring in-suite laundry for ultimate convenience. The current rental details: Unit 1: $1,800/month; Unit 2: $883/month; Unit 3: $1,185/month; Unit 4: $1,185/month with a lot of room for future growth. Tenants are responsible for their own utilities, contributing to an impressive annual cash flow of $44,378. Property Features for each unit: Furnace, Hot Water Tank, Separate Hydro Meter, 1 car garage and 1 exterior parking space. 100-amp electrical service for each unit. Ideally situated in a prime area with easy access to Highway 417, this fourplex is also conveniently close to schools, parks, trails, the river, and all the amenities that make Carleton Place so desirable. Don’t miss the opportunity to invest in a property with such strong potential in one of the region’s most sought-after neighborhoods! (id:50982)