Ottawa Multi-Family Homes For Sale

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For sale
$1,990,000
559 PARKDALE AVENUE, Ottawa, Ontario

559 Parkdale Avenue

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)

5 Bedroom 3 Bathroom 3,500 – 5,000 sqft
For sale
$499,000
3823 DROUIN ROAD, Clarence-Rockland, Ontario

3823 Drouin Road

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)

6 Bedroom 2 Bathroom 2,500 – 3,000 sqft
For sale
$834,900
683 PRINCIPALE STREET, Casselman, Ontario

683 Principale Street

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)

2,841 sqft
For sale
$834,900
683 PRINCIPALE STREET, Casselman, Ontario

683 Principale Street

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)

4 Bedroom 4 Bathroom 2,500 – 3,000 sqft
For sale
$669,000
71 MCGONIGAL STREET W, Arnprior, Ontario

71 Mcgonigal Street W

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)

4 Bedroom 4 Bathroom 2,000 – 2,500 sqft
For sale
$499,900
193 JENNET STREET, Renfrew, Ontario

193 Jennet Street

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)

4 Bedroom 3 Bathroom 2,000 – 2,500 sqft
For sale
$2,395,000
310 BYRON AVENUE, Ottawa, Ontario

310 Byron Avenue

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)

6,100 sqft
For sale
$949,000
1991 BANFF AVENUE, Ottawa, Ontario

1991 Banff Avenue

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)

6 Bedroom 4 Bathroom 2,500 – 3,000 sqft
For sale
$885,000
253 FRECHETTE STREET, Ottawa, Ontario

253 Frechette Street

Ottawa, Ontario

253 Frechette Street presents a rare opportunity in one of Vanier’s most vibrant and fast-evolving neighbourhoods. This three-unit building offers three separate, self-contained units along with an oversized garage, approx. 1300 square feet, that opens the door to possible commercial use – a flexible feature that’s hard to come by. Whether you’re an investor after immediate rental income, an owner-occupier looking to offset your mortgage, or a builder eyeing the development potential this property delivers options. You’re within easy reach of shops, restaurants, transit, and everyday amenities on Beechwood Ave where the village is booming all in a community that keeps growing in demand and character. Solid space, real flexibility, and genuine upside – this is a property with room to grow. (id:66888)

3 Bedroom 3 Bathroom 1,500 – 2,000 sqft
For sale
$819,900
298 MONTFORT STREET, Ottawa, Ontario

298 Montfort Street

Ottawa, Ontario

PRIME INVESTMENT OPPORTUNITY! Fully tenanted, income-producing triplex generating approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711, in a highly desirable central Ottawa location. This well-maintained property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry and dedicated parking. A fourth parking space provides additional income potential. Designed for efficient ownership, the property includes three separate hydro meters, with Units 2 and 3 paying their own hydro costs. Recent improvements include new rear metal stairs (2025), a new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. The bright and functional units feature hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration supports strong rental demand and broad tenant appeal. Ideally located just minutes from Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. Whether you are looking to expand your investment portfolio or acquire your first multi-unit property, this triplex offers immediate income and long-term growth potential in one of Ottawa’s most convenient rental locations. Some interior photos were taken prior to current tenancy. (id:66888)

6 Bedroom 3 Bathroom 1,100 – 1,500 sqft
For sale
$418,000
4559 STE CATHERINE STREET, The Nation, Ontario

4559 Ste Catherine Street

The Nation, Ontario

, interior pictures have been taken before tenants move in. (id:66888)

3 Bedroom 2 Bathroom 2,000 – 2,500 sqft
For sale
$1,200,000
85-87 VICTORIA STREET, Carleton Place, Ontario

85-87 Victoria Street

Carleton Place, Ontario

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16′ x 12′ upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario’s fastest-growing communities. All kinds of possibilities with this unique income property. (id:66888)

6 Bedroom 4 Bathroom 2,500 – 3,000 sqft

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