Ottawa Multi-Family Homes For Sale

Cornwall, Ontario

Looking to expand your investment portfolio with a well-maintained, income-generating property in a desirable North End location? This ground-level side-by-side duplex offers two equally sized 1-bedroom units, both occupied by excellent long-term tenants. A welcoming front entrance opens into a shared foyer featuring two generous storage rooms, with a private entrance to each unit. Inside, both apartments offer a spacious kitchen with a combined dining area, a large living room with direct access to separate private backyard spaces, a generously sized bedroom complete with a large walk-in closet, a 3-piece bathroom, and the convenience of in-suite laundry.Situated on a large lot set back from the road, this property provides a spacious parking area with room for multiple vehicles while offering added privacy and minimal traffic noise. Located in a quiet, established North End neighbourhood close to Walmart, public transit, shopping, and everyday amenities, this is an excellent opportunity for investors seeking a well-maintained property with quality long-term tenants already in place.Tenants pay hydro and gas. Tenants pay $153.97 per unit every second month for Water/Sewer.Tenant Rents: 1211B pays $740/month and unit 1211A pays $660/month. 24 hour irrevocable all offers. 24 hour minimum notice required for all showings. (id:66888)

Ottawa, Ontario

Purpose-built FOURPLEX on a 66′ x 99′ lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units – two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers. (id:66888)

Smiths Falls, Ontario

Looking for a great investment property then this is the one for you. This 2 unit property offers a 3 bedroom, 1 bath unit at the front of the building and a 2 bedroom, 1 bath unit at the back of the building. Both units are spacious and have access to an oversized backyard that provides plenty of green space where tenants can relax and enjoy summer evenings. The property is centrally located and within walking distance to local parks, the downtown core, area and hospital. There have been a number of updates over the years which include: two furnaces, approximately 10 years old. One gas hot water tank, approximately 10 years old, owned. Roof shingles: approximately 10 years old. Windows: approximately 10 years old. Unit A pays $1125.00 per month with water/sewer, heat & hydro included. Unit B pays $1050.00 with water/sewer, heat & hydro included. The pictures are of the 2 bedroom. (id:66888)

Ottawa, Ontario

The perfect solution for modern multigenerational living in sought-after Riverside Park. Located just minutes from the beaches and trails of Mooney’s Bay, this move-in ready, side-by-side duplex offers incredible flexibility. It is an excellent option for families, allowing parents, adult children, or extended relatives to live next door while enjoying the comfort and privacy of their own separate residence. The versatile layout also provides strong potential for investors seeking two self-contained homes on a single property. Each fully independent side features 4 bedrooms, 2 bathrooms, a private entrance, living space, and kitchen, creating the ultimate blend of closeness and privacy.All available properties will be completed to the same consistent standard, with matching finishes and an overall design similar to what is shown in the listing photos. (id:66888)

Ottawa, Ontario

Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.83%. It has been continuously occupied since the current owner’s purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city. (id:66888)

Cornwall, Ontario

Two – 2 bedroom duplex with excellent long term tenants. Upstairs tenants have been there 9 years. Main floor tenants have been there 3 years. Good shingles and good furnace which is being maintained and serviced every year. Each unit has their own hot water tank and their own 125 amp breaker panel.Tenants take care of snow. Each unit also has their own garden shed section in rear yard and a storage unit underneath the rear staircase. Main floor unit has been renovated throughout. Excellent cap rate investment. (id:66888)

Champlain, Ontario

Waterfront Triplex Investment – 3515 Front Road E, East Hawkesbury – $1,299,000. Rare 2023-built triplex on a peaceful bay of the Ottawa River. Three self-contained units, each with independent heating and cooling. Unit 1: bright 2-bedroom main residence with open-concept layout, kitchen with walk-in pantry and propane stove hookup, wood-burning fireplace, and a primary suite with private ensuite and balcony. Unit 2: 1-bedroom unit with full kitchen, open-concept living and dining areas, and a private balcony with gazebo. Unit 3: loft-style walkout unit with its own private entrance. Live in one unit and rent the others, or maximize all three income streams. Additional features include a double garage heated by propane, two driveways, a finished container storage shed, and a smoke-free building. Direct backyard access for kayaking, paddleboarding, boating and fishing on the Ottawa River. As a final bonus, approximately 1,300 sq. ft. of unused basement space offers endless potential for a home gym, entertainment area, or additional living space. (id:66888)

Ottawa, Ontario

Situated on an oversized 66′ x 88.5′ double lot in the heart of Vanier, this rare purpose-built side-by-side duplex offers a unique combination of existing rental income and exceptional future development potential. Zoned R4UA, the property is uniquely configured with the entire duplex situated on one half of the lot, leaving the other half as largely vacant land – an increasingly rare opportunity in Ottawa’s urban core. This highly flexible layout creates exciting possibilities for future intensification, redevelopment, expansion, or potential severance opportunities (buyer to verify with the City of Ottawa).The duplex consists of two 2-bedroom, 1-bathroom units, each with separate entrances and independently metered electrical service, separate hot water tanks, and separate washers and dryers. Current rents are well below market value, offering attractive future income upside, while the month-to-month tenancy structure provides flexibility. Whether you are seeking a strategic land holding opportunity, an income-producing property with substantial redevelopment possibilities, or a prime urban infill site with holding income already in place, 228 Carillon Street offers a rare range of options in one of Ottawa’s rapidly evolving neighbourhoods. Ideally located close to downtown Ottawa, Beechwood Village, transit, parks, schools, shopping, and everyday amenities, this is a compelling opportunity for buyers looking to capitalize on the continued growth and intensification of the area. (id:66888)

Cornwall, Ontario

Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Unit 310 (3 Bed) will be vacant as of October 31ST. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:66888)

Cornwall, Ontario

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you’re expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours’ notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244. (id:66888)

Cornwall, Ontario

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:66888)

Pembroke, Ontario

A Must-See Investment Opportunity! Located in the heart of Pembroke, this well-maintained triplex offers an exceptional opportunity for both seasoned investors and first-time buyers looking to secure a property with solid rental income. With recent upgrades, including connecting to the municipal sewer system from septic, and fully rented with stable tenants, this property provides reliable cash flow in a centrally located area. The triplex is composed of one spacious 2-bedroom unit and two cozy 1-bedroom units. The property is fully rented, so start earning rental income from day one! Centrally located in Pembroke, the property is within walking distance of local shops, restaurants, schools, parks, and other amenities. Its ideal location provides easy access to everything the city has to offer and ensures ongoing demand as a rental property. The property is heated by two cost-effective forced air gas furnaces, and is equipped with central air conditioning to keep tenants comfortable year-round. Several upgrades have been completed, ensuring the property remains in excellent condition. With a strong history of consistent income, this triplex offers solid cash flow making it a reliable addition to any investor’s portfolio. The units are well designed with spacious living areas and updated features. Ample parking for tenants, laundry facilities on-site, and separate hydro meters for each unit make this property a low-maintenance, cash flowing investment. The solid rental history ensures peace of mind for the new owner. Whether you’re looking to expand your portfolio or to own a property with steady cash flow, this triplex is an investment gem and represents a fantastic opportunity. Don’t miss out on this prime investment! Please allow 24 hours irrevocable on all offers. (id:66888)