Ottawa Multi-Family Homes For Sale

Smiths Falls, Ontario

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. (id:66888)

Smiths Falls, Ontario

Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls’ most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property’s upscale surroundings and historic charm make it especially attractive to reliable tenants. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050 (id:66888)

Pembroke, Ontario

Investment opportunity in the heart of Pembroke’s East End! This up-and-down duplex offers approximately ~2,387 sq. ft. above grade, with an approximate ~1,200 sq. ft main-floor unit and an approximate ~1,187 sq. ft. upper unit. Each spacious unit features two bedrooms, hardwood floors and its own fireplace. Both currently rent for $1,600 per month, generating $38,400 in gross annual rental income. Tenants pay their own separately metered hydro. Updates completed in 2024 include a roof, vinyl windows on the lower half of the home, bedroom flooring. Set on a small, very low-maintenance lot with two rear parking spaces. Basement storage provides potential space for future coin-operated laundry, offering an opportunity to generate additional income! A luxury six-unit residential building is being constructed next door, adding to the area’s ongoing investment and development. Walk to Algonquin College, Metro, Circle K, restaurants and McDonald’s, with schools, parks, Pembroke Regional Hospital and a police station nearby! A solid addition to any investment portfolio! (id:66888)

Ottawa, Ontario

Exceptional Purpose-Built Fourplex in Sought-After Westboro. An outstanding opportunity to own a custom-built, three-storey fourplex in the highly desirable, walkable community of Westboro. Offering over 4,000 square feet above grade and built in 2018, this impressive income property combines quality construction, upscale finishes, and exceptional investment potential. Each luxury two-bedroom, two-bathroom unit features a bright, open-concept layout, ensuite bathrooms, in-unit laundry, quartz countertops, and high-quality finishes throughout. Spacious private balconies enhance the above-grade units. Separate heating and hydro help streamline utility management. Ideal for investors, owner-occupiers, or multi-generational families, this versatile property offers the opportunity to live in one unit while generating rental income from the remaining three, or to maximize its potential as a pure investment property. Annual rental income of $127,548. Two parking spaces are located at the rear. Walkable amenities, shops, restaurants, and convenient access to transit, this is a rare opportunity to acquire a substantial, high-quality multi-unit property in one of Ottawa’s most sought-after neighbourhoods. (id:66888)

Ottawa, Ontario

SMART BUYING STARTS HERE! The Duo Collection offers two dwellings at one address: a spacious principal residence and a fully finished lower-level apartment with a private entrance, separate utility metering, dedicated HVAC and in-suite laundry. Potential apartment rental income of approx. $1,800/month offers an opportunity to help offset ownership costs. Up to 2,610 sq. ft., 2 kitchens, 3.5 bathrooms, 12 LG appliances and quartz counters. An innovative option for buyers seeking flexibility and income potential. Just 16 homes available! (id:66888)

Ottawa, Ontario

This exceptional duplex property features three distinct units, offering a fantastic opportunity for investors or owner-occupants. You can live in the largest unit and rent the other two as the spacious 2-bedroom end unit at 27 Perkins is vacant as of Nov 1. This unit also features central A/C and a dedicated front parking spot. The middle building at 25 Perkins includes two 1-bedroom units, both currently tenanted with occupants who wish to stay. All 3 units generate over $46,000 in net annual income. The property is situated on a quiet dead-end street next to Lebreton Flats, the site of the annual Bluesfest and the future home of the Ottawa Senators stadium. It offers incredible accessibility, located just a 6-minute walk from the Pimisi LRT station, minutes from the Gatineau bridge, and just over 2km from both the University of Ottawa and Elgin Street, with Little Italy and Chinatown nearby. A detailed PDF of expenses, income, and the Lebreton Flats Master Concept Plan is available upon request. (id:66888)

Ottawa, Ontario

Don’t miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintained, convenient walkable location attracts high-quality tenants. Severance into two semi-detached duplexes is also an option with separate hydro, furnaces, and water meters. Each semi has a one-bedroom main floor unit with full basement, laundry & rear deck + a three-bedroom 2nd/3rd floor unit with front porch. Income $107k. Parking for 6 vehicles at rear of property means additional parking income.An exceptional asset in an urban setting . Whether you’re looking to expand your investment portfolio, create multi-generational housing, or generate income while living downtown, this property offers tons of versatility. (id:66888)

Ottawa, Ontario

Don’t miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintained, convenient walkable location attracts high-quality tenants. Severance into two semi-detached duplexes is also an option with separate hydro, furnaces, and water meters. Each semi has a one-bedroom main floor unit with full basement, laundry & rear deck + a three-bedroom 2nd/3rd floor unit with front porch. Income $107k. Parking for 6 vehicles at rear of property means additional parking income. An exceptional asset in an urban setting . Whether you’re looking to expand your investment portfolio, create multi-generational housing, or generate income while living downtown, this property offers tons of versatility. (id:66888)

South Dundas, Ontario

Invest in an established income property in a location that offers everyday convenience, simplicity and long term appeal. Situated on a quiet cul de sac just steps from the St. Lawrence River, this fully tenanted, one storey Morrisburg duplex features two one bedroom units and established rental income. The single level layout, manageable one bedroom units, in unit laundry and private parking create a practical, comfortable setup that may appeal to tenants looking for simpler, low maintenance living. The Morrisburg Boat Launch and public dock are approximately 250 metres away, about a four minute walk, with Morrisburg Waterfront Park, the beach, library, curling club, arena, theatre, baseball diamonds, golf course and riverfront walking paths all nearby. Shopping, restaurants, essential services and Highway 401 are also within easy reach, adding to the convenience of the location. For an investor seeking a fully occupied Eastern Ontario duplex with established tenancy, practical one level living and strong access to community amenities, this property offers a straightforward addition to consider for your portfolio. Lease documents and available income and expense information are available through the Listing Representative for review. (id:66888)

Ottawa, Ontario

Rare purpose-built 4-plex in the heart of Hintonburg, one of Ottawa’s most sought-after urban neighbourhoods. All four self-contained one-bedroom units are fully tenanted, with three units offering the added benefit of two separate entrances. Each unit comes with its own dedicated parking space, accessed via rear lane. The separate unfinished basement presents a straightforward opportunity to add coin-operated laundry and generate additional income. Zoned R4H within a Major Transit Station Area, this property offers strong holding income today and compelling future development potential. Walk to Bayview LRT, Hintonburg’s independent shops, cafés, and restaurants. A great investment in a location where demand doesn’t slow down. (id:66888)

Ottawa, Ontario

Welcome to 84 Anderson Street, a fantastic investment opportunity in the heart of Ottawa’s vibrant Little Italy! Offering a 5.5%+ cap rate, this well-located triplex is perfectly positioned between Preston Street and Chinatown, delivering exceptional walkability and strong rental appeal. The property features three self-contained units, each with convenient in-unit laundry. Apartment 1 is a lovely 2-bedroom, 1-bathroom main-floor unit; Apartment 2 is a spacious & bright 1-bedroom, 1-bathroom second-floor unit featuring open-concept living and two private balconies; and Apartment 3 is a cozy lower-level bachelor unit with private exterior access. Deep lot with ample parking. N4B zoning allowing for future expansion/redevelopment. Tenants will love the unbeatable location, just steps from Preston Street and within walking distance of the LRT, Plante Recreation Centre, Chinatown, LeBreton Flats, restaurants, cafés, shopping, recreation and more. An excellent opportunity for investors looking to add a well-positioned, income-producing property in one of Ottawa’s most desirable and dynamic urban neighbourhoods. Restricted showing times; minimum 24 hours’ notice required. (id:66888)

Ottawa, Ontario

LOVE WHERE YOU LIVE. ENJOY THE POSSIBILITIES! The Duo Collection pairs modern living with exceptional flexibility. Open-concept spaces, wide-plank luxury vinyl flooring, quartz counters, pot lights, dual-sink ensuite, 12 LG appliances and 3 designer decor packages. The private lower-level dwelling is ideal for a home office, studio, guests, family or potential rental income. Enjoy a fenced backyard, attached garage and an established community near parks, mature trees, bike and jogging trails, schools and shopping. Only 16 homes! (id:66888)