Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Incredible Investment Opportunity! This beautifully renovated, fully tenanted income property offers multiple revenue streams on a sprawling 1.09-acre lot in the heart of Greely. Boasting VM-3 zoning, this versatile property provides endless potential for investors. The main house features two beautifully updated residential units: Unit A: A spacious 4-bedroom, 1.5-bath unit with soaring 10-ft ceilings in the living room, generating $2,850/month. Unit B: A cozy 1-bedroom, 1-bath unit, bringing in $1,800/month. Additional income sources include: Insulated 2-bay garage: Renting for $1,431/month. Commercial-grade, fully insulated Quonset hut: Featuring 1,800 sq. ft. of warehouse space with two man doors and two garage doors, 200 amp panel, leased at $2,375/month + propane. Cap Rate of 7.68%%, this property is both a stable and high- potential addition to any investment portfolio. Cash flow of about $2,040/mth. 1.51 DSCR. ROI over 19.55%. The huge fenced lot, bordered by a creek, offers beautiful landscaping, ornamental trees, perennial gardens, and plenty of space for vegetable gardens, play structures, or pets. Located just 16 minutes from the Ottawa International Airport and 7 minutes from Findlay Creeks shopping district, this property is conveniently close to schools, parks, the library, grocery stores, and the post office. Steeped in history, the “Old Post” has served as a post office, country store, and village center for over a century. Whether you’re looking to expand your investment portfolio or explore new business opportunities, this rare find is not to be missed! Village Mixed-Use (VM3) zoning allows for residential and non-residential uses including: community centre, day care, food production, municipal service centre, personal service business, restaurant and retail store. Call today for more details or to book a viewing! (id:50982)

Ottawa, Ontario

Opportunity to own a Fourplex with nostalgic Barber Shop (could be retail) on the Ground floor. Hardwood flooring with ceramic in the kitchens. R4T[479] zoned allowing for multiple development potential. Easy access to the 417 Hwy, fabulous for commuting. Walking distance to groceries, shopping, the Glebe, Golden Triangle, Ottawa Downtown, Bank Street, Elgin Street. Two – 1 Bedroom units on the second and third floor, Two – Bachelor units located behind the barber shop (access via driveway) the other through the main building door on the ground level. Parking in private driveway for up to 3 vehicles. Tenants are all long time tenants – Month to Month. Separate Hydro meters. Showings available Mon-Fri 10am-4pm. Showing Requests require 48 hours notice. Potential GOI: $52,440 / Expenses:$9,300 / NOI: $42,091 (id:50982)

Ottawa, Ontario

Opportunity to own a Duplex on a great downtown corner lot with 2 parking spaces. This property would be great for any owner wanting to live in one of the units. Hardwood flooring with ceramic in the kitchen. Large windows and high ceilings. R4UD zoned allowing for multiple development potential. Easy access to the 417 Hwy, fabulous for commuting. Walking distance to groceries, shopping, the Glebe, Golden Triangle, Ottawa Downtown, Bank Street, Elgin Street. Both units currently configured as 2 bedroom units, both having their own patio / balcony. Both units have been leased for over 1 year – now month to month. Potential GOI: $52,800 / Current GOI: $33,600 / Current Expenses:$6,900 / Potential NOI: $44,844 (id:50982)

Ottawa, Ontario

Prime investment opportunity! This 6 Unit Apartment Building, 2×1 bedrooms, 4×3 bedrooms, is a perfect addition to your portfolio. Ideal for the investor. Solid income, excellent location with great potential to manage your revenue stream. Turn key property, 5 units fully renovated, 4 units fully furnished, well maintained property, newer roof, large lot with ample size to build, 6 parking spots at rear of building (each unit has one). Currently 2 units are tenanted & 4 are available for lease or short term rentals. Close to Civic Hospital, schools, buses, 417 & shopping amenities. (id:50982)

Ottawa, Ontario

Prime investment opportunity! This 6 Unit Apartment Building, 2×1 bedrooms, 4×3 bedrooms, is a perfect addition to your portfolio. Ideal for the investor. Solid income, excellent location with great potential to manage your revenue stream. Turn key property, 5 units fully renovated, 4 units fully furnished, well maintained property, newer roof, large lot with ample size to build, 6 parking spots at rear of building (each unit has one). Currently 2 units are tenanted & 4 are available for lease or short term rentals. Close to Civic Hospital, schools, buses, 417 & shopping amenities. (id:50982)

Greater Sudbury, Ontario

Prime Investment Opportunity: The Anna 6-Plex in Sudbury Discover The Anna, a well maintained 6-plex strategically located in the heart of Sudbury. This turnkey multi-family property combines modern upgrades, reliable cash flow, and low maintenance, making it an exceptional investment opportunity. Property Highlights Configuration: Six spacious 2-bedroom units, all fully occupied with a mix of long-term tenants at near-market rental rates. Rental Income $102,640 Taxes $8974 2025 Modern Upgrades: Updated kitchens and refreshed bathrooms in all units. Fresh paint and hardwood flooring in most units, enhancing tenant appeal. Six units feature private walkout porches, providing desirable outdoor living space. Cost-Efficient Operations: Six units equipped with individual hydro meters minimizing owner costs. New boiler installed in 2022 for reliable heating. Rented hot water tank on-site coin laundry facilities add convenience and reduce maintenance overhead. (id:50982)

Ottawa, Ontario

Discover a prime investment opportunity with this well-maintained triplex at 138 King George Street. Total GOI for is $57,360, and Operating Expense is $10,978. NOI is 46,382. The property features three 2-bedroom 2-bathroom units. Located in Ottawa’s desirable Overbrook neighborhood, this property offers an unbeatable location just minutes from Highway 417, with easy access to downtown and beyond. The St. Laurent Shopping Centre one of Ottawa’s major retail destinations is only a short drive away, offering shopping, dining, and entertainment at your fingertips. The scenic Rideau River, with its nearby parks and walking/cycling paths, is just a short stroll away. Blending urban convenience with a touch of nature, this turn-key triplex is a smart addition to any real estate portfolio. Note the interior images are from Unit2 at 136 King George, which is mirrored layout. (id:50982)

Ottawa, Ontario

Investors take notes! Totally renovated commercial duplex In one of the best locations of Ottawa, Glebe! Main floor is a restaurant and upstairs is one bedroom apartment both rented, gross income of approx. $61,200, numerous upgrades to mention here! New Kitchens, new floorings, New roof (2024), new C/air, new wiring, New decks and stairs, front and back Interlock (2025), Newer windows and siding and much more! Walking distance to government buildings, 10 minute drive to Civic and General hospitals, Walk and all amenities! A must see called today! (id:50982)

Perth, Ontario

To-Be-Built 6-Unit Apartment Building on a Large 1/4 Acre Lot. Nestled between Shoppers Drug Mart and the Elliot Street Medical Centre, this prime investment property offers the perfect blend of tranquility and convenience. Located on a quiet dead-end street, it’s just steps from the commercial amenities of Highway 7 in the historic town of Perth. This vibrant community is home to Stewart Park, a hub for festivals, and The Links ‘O’ Tay, Canadas oldest golf course. A short walk leads to the Tay River, which connects to the UNESCO World Heritage Rideau Canal, as well as the Best Western Hotel and charming downtown Perth.This six-unit apartment building is designed for both functionality and tenant comfort, featuring five 2-bedroom units and one 1-bedroom unit, each with unique layouts and air exchangers. Tenants pay their own heat and hydro, with individual hydro meters in every unit. Each unit has its own exterior entrance, adding privacy and convenience. A professional property management company is already in place, ensuring seamless operation and stress-free ownership.Perth is Ontarios #1 retirement town, boasting the highest average age in the province. With 40% of residents retired, this is an ideal market for stable, long-term tenancies. Steeped in history, Perth was once the wealthiest area in Canada, attracting British officers and major banking institutions after the War of 1812. Now, its your turn to invest in this legacy and secure your financial future with this exceptional income property. Dont miss this cash-flowing opportunitywatch your investment grow into a multi-million-dollar asset! Monthly rents: Unit 1 $1900 Unit 2 $2400, Unit 3 $2400, Unit 4 $2400, Unit 5 $2400, Unit 6 $2400. The financial information under ‘Other Expenses’ of $7,582 consists of snow and yard maintenance costs ($4,800) and a structural reserve allowance ($2,782) (id:50982)

Ottawa, Ontario

Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low – to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:50982)

Ottawa, Ontario

ATTENTION BUILDERS & INVESTORS – SHOVEL READY 9 UNIT DEVELOPMENT Vanier, Ottawa. 220 McArthur Avenue represents a rare opportunity to acquire a fully entitled, shovel ready development site in one of Ottawa’s fastest intensifying urban corridors. Ideally positioned steps from Vanier Parkway and McArthur Avenue, the site benefits from excellent transit connectivity, proximity to downtown, and strong longterm rental fundamentals. The property is offered at $1.6M as land with approvals, featuring a demolition permit issued and fully approved architectural plans for a 9 unit residential building. All utilities have been fully disconnected, allowing for an immediate and efficient start to redevelopment. Estimated Project Economics (Upon Completion) Approximate Gross Monthly Rental Income: $20,600, Approximate Gross Annual Rental Income: $247,200, Estimated Stabilized Net Operating Income (NOI): ~$181,764 Capitalization Rate Applied: 5.50% Estimated Stabilized Value: ~$3.3M. A future value appraisal has been completed by an AACI designated appraiser, with valuation conclusions based on the above stabilized income assumptions, subject to construction in accordance with the approved plans. Preliminary construction cost guidance suggests approximately $1.8M, subject to final contractor pricing, scope confirmation, and purchaser due diligence. To obtain the final release of approved plans from the City, a known and fully disclosed municipal payment of approximately $95,000 remains outstanding.The project is eligible for CMHC MLI Select financing, offering the potential for below prime interest rates and amortization periods of up to 50 years, significantly enhancing leverage, cash flow, and long term return potential, subject to CMHC and lender approval. NDA required prior to the release of architectural drawings, appraisal materials, supporting documentation, or the scheduling of site visits (id:50982)

Ottawa, Ontario

Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:50982)