Ottawa Multi-Family Homes For Sale

Alfred And Plantagenet, Ontario

Promotors, Developers and contractors here is your chance to build 298 doors, mixed from single dwellings, duplex, town homes, 8plex and good commercial highway space directly on the county rd 17. 30 minutes from Ottawa in a growing municipality. Surrounding the school boundaries makes it for a very desirable location. (id:66888)

Ottawa, Ontario

NET ALMOST $100K PER YEAR – 6.2% CAP RATE! Exceptional investment opportunity – 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 6.2%. (id:66888)

Cornwall, Ontario

FIVEPLEX Exceptional Commercial Investment Opportunity in Cornwall! An outstanding opportunity for investors seeking income potential, flexibility, and long-term value in a strategic Cornwall location. Situated on a prime corner lot, this versatile 5-unit property offers a compelling opportunity for income generation, portfolio expansion, or future value-add investment, with the potential to accommodate a 6th unit. Site plan drawings are available to support further exploration of the property’s development potential.Offered with no tenants to inherit, investors have the flexibility to establish their own tenancy strategy, optimize the property’s use, and maximize its income potential. The property features 7 parking spaces, including 5 outdoor and 2 indoor spaces, along with two large driveways for added convenience. Key bylaw, fire, and electrical requirements have been addressed, providing a foundation for the next owner to pursue their investment objectives.Strategically located near Cornwall Square, a major local shopping destination, with convenient access to the U.S. border, the property benefits from proximity to established amenities and regional transportation routes. Directly across from a Chartwell retirement residence, the location offers additional context for investors evaluating the surrounding neighbourhood and its potential demand. Whether you are expanding your investment portfolio, exploring additional rental income opportunities, or evaluating future redevelopment potential, this property presents a versatile opportunity to acquire a multi-unit asset with room to execute your vision in Cornwall. (id:66888)

Ottawa, Ontario

Great Value and you can set your Own Rent! This Duplex on a large lot in a fantastic location is ready for you to enjoy. The Main floor 3 bedroom unit will be vacant on closing, so you can either set your own rent or move in and take advantage of the Upper Unit cash flow. This well cared for home is located in a wonderful area, only steps to Beechwood Ave, shopping, transit, schools and more. The 2 storey Main Level unit offers spacious living and dining areas and a good sized Kitchen, with 3 bedrooms, 3 bathrooms, and a finished lower level with den, laundry and plenty of room for extra storage. The One Bedroom upper unit is spacious and well laid out, with full bathroom and in-unit laundry. Perfect for extra cash flow to help pay the mortgage. The large property also boasts an oversized detached garage with electricity, heat and water hookups, and the private backyard patio allows for easy enjoyment of the summer. This large, well located lot also allows for potential multi unit future development possibilities in a great location. Seller willing to hold VTB for financing. (id:66888)

Smiths Falls, Ontario

Turn-Key Income TRIPLEX in the Heart of Smiths Falls – Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it’s built to perform – and a cap rate over 9.75%. With two vacant units, you set the rents – or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry – a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region’s fastest-growing communities – immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:66888)

Cornwall, Ontario

Calling all investors! Amazing opportunity to own this fully rented Fourplex. Property includes Two second level 1- bedroom, 1-bath units, one main level 3- bedroom 1-bath unit, one basement 2- bedroom, 1 -bath unit. Upper units each have own private balcony, main floor and basement unit each have fenced yard spaces. Close proximity to all amenities including shopping, restaurants and public transit. (id:66888)

Ottawa, Ontario

Calling all investors and developers! Rare opportunity to own a 6-unit building on a double lot in the heart of Vanier. The property features five 2-bedroom units and one bachelor, with two units currently vacant, giving a new owner the opportunity to set their own rents from day one. There is plenty of upside with two additional units currently rented below market and potential to add a 7th unit in the basement, subject to buyer due diligence and approvals. The double lot also offers future redevelopment potential, with the possibility of replacing the existing building with two multi-unit buildings, subject to zoning, approvals and buyer due diligence. Located close to Montréal Road, Beechwood Avenue, shopping, restaurants, public transit and just minutes from downtown, St. Laurent Shopping Centre and Train Yards. Multiple ways to increase income and add value. See attached pro forma for additional financial details. (id:66888)

Ottawa, Ontario

Calling all investors and developers! Rare opportunity to own a 6-unit building on a double lot in the heart of Vanier. The property features five 2-bedroom units and one bachelor, with two units currently vacant, giving a new owner the opportunity to set their own rents from day one. There is plenty of upside with two additional units currently rented below market and potential to add a 7th unit in the basement, subject to buyer due diligence and approvals. The double lot also offers future redevelopment potential, with the possibility of replacing the existing building with two multi-unit buildings, subject to zoning, approvals and buyer due diligence. Located close to Montréal Road, Beechwood Avenue, shopping, restaurants, public transit and just minutes from downtown, St. Laurent Shopping Centre and Train Yards. Multiple ways to increase income and add value. See attached pro forma for additional financial details. (id:66888)

Ottawa, Ontario

CALLING ALL INVESTORS! 5 Condos for Sale and 5 Parking Spots Included. All tenanted properties with $9,400 of monthly income. Showings Mon-Fri 10AM-3PM ONLY. This includes Three Studios, One 1 Bed/Bath and One 2 Bed/1 bath. Parking is rented out for 250$/month additional. (id:66888)

Ottawa, Ontario

Visit the REALTOR website for further information about this Listing. Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa. The location offers access to Montfort Hospital, downtown, the University of Ottawa, ByWard Market, and Highway 417. The area is very popular with young professionals and students. 203 Marier is a fully rented triplex with three two-bedroom, one-bathroom units. It has five exterior storage lockers and coin-operated laundry in the basement. Updates include windows (2019), pavement and exterior cladding (2023), and the roof (2026). Two units are furnished. The boiler and hot water tanks are owned. 205 Marier is a fully rented fourplex with one two-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; and two one-bedroom, one-bathroom units. Updates include windows and the roof (2019), and pavement and exterior cladding (2023). The furnace and hot water tank are rented from Enercare. Approximate annual gross income is $157,800. Projected net operating income is approximately $122,000, which represents a 5.5% cap rate at the asking price. The properties are offered as-is. Easy Street Services manages the properties and is willing to continue, subject to an agreement with the buyer. Reported CM1 zoning may allow future development. (id:66888)

Ottawa, Ontario

RARELY AVAILABLE TUNNEY’S PASTURE FOURPLEX. Offered for the first time in approximately 40 years, 50 Holland Avenue presents a compelling investment in the heart of Wellington Village. This two-storey property features four fully furnished residential units, including a 2-bedroom, 1-bedroom and two bachelor-style units, along with four parking spaces, separately metered hydro and shared coin-operated laundry.Two of the four units are currently vacant, giving investors the flexibility to occupy a unit or lease both at current market rents.Adding to its investment potential, a lower-level storage area previously had a kitchen and already features its own bathroom, offering potential for conversion into a fifth bachelor unit, subject to approvals and permits. Recent capital improvements include a new roof and rear decks in 2023, plus an owned tankless hot water system and exterior paint completed in 2025.Location is a major draw, with Tunney’s Pasture Station only a 3-minute walk away and Wellington Street West, Hintonburg, restaurants, cafés, shops, parks and everyday amenities all nearby. With multiple rental income streams, value-add potential and excellent access to transit and downtown, 50 Holland Avenue offers investors a rare chance to secure a multi-residential property in one of Ottawa’s most connected urban neighbourhoods. Book your private showing today. (id:66888)

Edwardsburgh/cardinal, Ontario

Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout and strong rental demand, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours’ notice is required for all showings. (id:66888)