Ottawa Multi-Family Homes For Sale

Cornwall, Ontario

Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours’ notice is required for all showings. As per form 244, 24 hour irrevocable on all offers. (id:66888)

Ottawa, Ontario

Fantastic opportunity to own a triplex in an exceptional Centretown location! This fully tenanted building offers a nice unit mix. The entire main level is a very large 3 bedroom unit with a sunroom on one end and a balcony on the other. Upstairs, you’ll find a bright and spacious 1 bedroom with balcony and a large studio with lots of character and its own sunroom. The basement has untapped potential and currently offers additional storage space. A long paved driveway and detached garage offer plenty of parking. Close to LRT, highway access, and near future development site of Lebreton Flats. Currently grossing $57,600 annually with room to grow! (id:66888)

Ottawa, Ontario

Incredible opportunity to add a solid triplex to your portfolio in an unbeatable location just a short walk from Ottawa U! Located right off campus and in the heart of Sandy Hill, the demand is always sky high and there is never a vacancy. A great unit split on the fully tenanted building which includes a large 3 bedroom, 2 bathroom apartment that spans the main and lower level. The second floor consists of a bright 2 bedroom with a private balcony, and the top floor is a charming 1 bedroom with its own dedicated fire escape. Each unit has its own laundry for added convenience. Great tenants and a headache free building, a perfect addition for your portfolio or ideal for someone wanting to live in Sandy Hill while offsetting their mortgage expense with rental income. Currently grossing $76,800. (id:66888)

Ottawa, Ontario

Updated triplex in the sought-after neighbourhood of Mechanicsville/Hintonburg. Strong income with significant capital improvements already completed. Ideally located near Tunney’s Pasture and within walking distance of the O-Train, Ottawa River Parkway bike path, Westboro Beach, coffee shops, restaurants, parks, and amenities on Wellington Street. Net Income $72,968. Unit 1 ($3300/month) is a two-storey unit offering 3 bedrooms and 2.5 bathrooms. Unit 2 ($2550/month) features 2 bedrooms and 1 bathroom. Unit 3 ($2000/month) is a studio unit. The rear parking area accommodates 3 vehicles. Each unit enjoys a private entrance and dedicated outdoor space. Contact for the full investment package, including income, expenses, inclusions, and capital improvement details. (id:66888)

Ottawa, Ontario

Impressive 3-storey circa 1916 triplex income property in a highly sought-after, mature trees neighbourhood near the Experimental Farm, Civic and Royal Ottawa Hospitals, University of Ottawa Heart Institute, Dow’s Lake, LRT, schools, and key employment centres. Fully and professionally renovated from top to bottom, this exceptionally well-managed triplex offers true owner/investor peace of mind, with attention to maintenance, durability, and ease of administration. Ideal for an owner-occupant investor: live-in one unit while tenants help offset ownership costs. One rental unit per floor: a 1-bedroom main-level unit, two spacious 2-bedroom units on the 2nd and 3rd floors, plus a bonus rentable main-floor home office/den with separate access and its own 2-piece bathroom – rental use subject to confirming zoning.Yearly gross income of $88,800 and NOI of approx. $64,000, with potential extra income of $12,000 from the front office/den and 4th parking space. Updated kitchens and bathrooms, quality appliances including dishwashers, granite counters in the largest unit, hardwood floors, updated windows and doors, skylight, two gas fireplaces, four maintenance-free fiberglass/aluminum decks with glass railings including aroundfront veranda, Berber-carpeted halls over ceramic tile, intercom system, and separate basement storage for each unit. Excellent utility separation with five hydro meters, four gas meters, three HVAC units, tenant-paid* hot water tanks (*except currently for #2), and basement laundry with separate hot water connections. All electrical fixtures, blinds, and shutters included. Sprinkler-irrigated lawn and flower beds add curb appeal. Four paved parking spaces, including one unused for extra income potential. Quick Queensway access and proximity to major employment nodes help support strong tenant demand. A rare totally renovated central Ottawa triplex combining solid income, thoughtful renovations, and lifestyle flexibility. (id:66888)

Clarence-Rockland, Ontario

Vacant and move-in ready side-by-side duplex set on a spacious 0.68-acre lot, offering outstanding potential for investors, owner-occupants, or multi-generational families. Each self-contained unit features 3 bedrooms, and private in-unit laundry for added convenience. Both units are currently vacant, giving you the flexibility to set market rents, choose your own tenants, or live in one unit while generating income from the other. A standout feature of the property is the oversized detached double garage with loft space above-ideal for storage, a workshop, hobby space, or future possibilities. The property also offers ample surface parking with two very spacious driveways-one for each unit-providing excellent convenience for multiple vehicles, tenants, and guests. Set well back from the road, the large lot offers privacy and plenty of outdoor space for families, pets, recreation, or potential expansion. Located in an area experiencing significant new development and growth, this is a great opportunity that combines immediate income potential with strong long-term upside. (id:66888)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio. (House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:66888)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio.(House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:66888)

Arnprior, Ontario

Excellently maintained, owner occupied and fully leased 4 plex – an excellent turnkey investment! Centrally located steps from the shops and cafés on Elgin St., enjoy the outdoors along the Ottawa Valley Rail Trail, and just four blocks from the Madawaska River. Great schools; ADHS, Walter Zadow PS, St. Joseph’s CS and Arnprior Regional Health only 15 minutes on foot. Well maintained, non smoking building with long term adult tenants, separately metered hydro, on site laundry, 4 parking spaces, and included appliances; 4 fridges, 4 stoves, 3 A/C units, washer/dryer. No showing unit A – it can be made available to view with an accepted offer. (id:66888)

Renfrew, Ontario

TRIPLEX in a great Renfrew location. This solid brick triplex boasts 3 great units with 3 good tenants in place. UNIT 1 rents for $ 1,255.00 and offers 1 bedroom. UNIT 2 is a 2 bedroom unit renting at $ 1,255.00 and UNIT 3 boasts one bedroom plus den at $ 1,040.00. All tenants pay their own utilities. Come and see this great investment property. (id:66888)

Ottawa, Ontario

Westboro, excellent brick purpose built 6 unit apartment building, substantially upgraded and fastidiously maintained, with renovated apartments in an excellent Westboro location. Renovated kitchens and bathrooms, refinished hardwood floors, plumbing stacks replaced, breaker panels in units, hood fans, bathroom fans, dishwashers, 6 parking spaces plus extra area for snow, coin op laundry, storage lockers, owned HWT’s, roof ~16 years old, furnace boiler 2015, windows replaced with vinyl windows, outdoor seating area. There is upside to the rents. 1 block to Richmond Rd and the Loblaws Superstore and all the stores and cafe’s along Richmond Road, 10 minute walk to LRT transit. The New Draft Zoning Bylaw is just around the corner and will change the zoning to Commercial CM1, which will permit a wide range of commercial uses (including retail, personal services, hotel…). There is an opportunity to substantially increase revenue. Redevelopment is also possible, with the CM1 zone permitting 6 storeys. (id:66888)

Ottawa, Ontario

Rare opportunity to own a side-by-side duplex in an exciting up-and-coming neighbourhood! Vacant side-by-side duplex, ready for multiple opportunities, use your imagination! Situated on a spacious lot in a centrally located area just minutes from the LRT, shopping, restaurants, schools and everyday amenities, this property offers exceptional flexibility for investors and owner-occupants alike. Each vacant unit features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. The utilities are all metered separately. With both units vacant, you have the rare advantage of setting your own rents from day one, renovating to maximize value, or moving into one side while generating income from the other. Inside, both homes offer welcoming front foyers with convenient closet space, main floor powder rooms, and spacious, functional living areas perfect for families or tenants. Patio doors lead directly to the private backyard oasis, creating an ideal indoor-outdoor lifestyle. Upstairs, each unit boasts an oversized primary bedroom with a comfortable sitting area and direct access to the full bathroom, while the second and third bedrooms are generously sized to accommodate double beds with ease. Surrounded by homes undergoing extensive renovations and new construction, this rapidly transforming neighbourhood continues to attract homeowners and investors alike, making this an outstanding opportunity to build long-term wealth in a location with tremendous upside. Whether you’re looking to expand your investment portfolio, renovate for increased value, or enjoy the financial advantages of living in one unit while renting the other, this versatile property offers endless possibilities at exceptional value. Book your showing today! (id:66888)