Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Rare opportunity in the heart of the ByWard Market. Fully tenanted mixed-use building and an additional freestanding commercial building. Two prime retail spaces and two extensively renovated 2 bedroom apartments. Well maintained property. NOI $89,857. Seller will consider a VTB. Zoning is MD2 S72 Mixed-Use Downtown Zone which allows for further development. Will provide new build report for rear of property. 89 Murray is a three-story building with ground floor retail and two residential units on the upper floor, representing 2700 sq ft. 91 Murray is a separate unique one-story building at the rear of the property with 1,400 sq ft. 89 Murray – New asphalt shingle roof 2024. 200 amp main distribution panel, with each unit separately metered. One forced air gas fired furnace for the commercial ground floor unit & one for the two apartment units. 89 Murray Residential – Two 2 bedroom identical units have been extensively updated. Two storey apartments with hardwood floors & 6 appliances. Quartz countertops & newer cabinetry. Modern baths with gorgeous showers. Currently rented for $2000 each. Landlord pays water & heat. 89 Murray Retail – This space is air conditioned. The Barber Shop has been leased for 7 years. $3407 + additional expenses. 91 Murray Retail – The interior consists of 3 open living spaces, one with a wet bar area. There is an additional office, a bedroom area & a 3 piece bath. Extensively renovated in 2011 with new exterior EFIS, new roof, plumbing, interior walls, etc. New HVAC system installed 2024. Central air & forced air gas furnace. Separately metered for hydro & gas. Previously leased for $2825 + common expenses (including property taxes, snow clearing & maintenance). 2 non-conforming parking spaces. One residential unit will be vacant upon possession currently owner occupied. One of the Ottawa Mayor’s top priorities for 2025 is to revitalize the ByWard Market by enacting a $129M plan before 2027. 48 hrs for showings & 24 hrs irrev on offers (id:50982)

Arnprior, Ontario

Smart Start for First-Time Buyers! Live in One Unit, Rent Out the Other! 54 and 56 William Street. Fantastic investment opportunity in the heart of Arnprior. This well-maintained two-storey duplex is ideal for first-time buyers looking to enter the market with built-in rental income. Live in one unit and rent out the other, a great way to offset your mortgage while building equity. Each spacious unit features 3 bedrooms, 1 full bathroom, in-unit laundry, and dedicated parking. With a functional layout and solid rental potential, this property also suits multi-generational living or long-term investors.Set on a generous lot in a prime central location, you’re walking distance to schools, parks, shopping, and Arnprior’s popular restaurants and cafés.Across the street, enjoy direct access to the Algonquin Trail a 296 km multi-use trail perfect for biking, jogging, dog walking, snowmobiling or snowshoeing. A rare chance to own a versatile, income-generating property in one of Arnprior’s most desirable neighbourhoods. Please note: To respect the privacy and comfort of the current tenants, interior photos are not available, however, a detailed floor plan has been provided. Unit 54 is Vacant- Move in (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

Great future potential!! Well maintained, fully rented, central duplex in up and coming area. Great potential as either an ongoing concern with rent upside or redevelopment opportunity with an R4UA Zoning. (id:50982)

Cobourg, Ontario

Charming Century Home Duplex in Prime Downtown Cobourg Location. Step into timeless charm and modern convenience with this beautifully updated duplex, ideally situated in the heart of Cobourg. Just a short walk to shopping, VIA Rail, and the stunning Cobourg waterfront and beach, this property offers both lifestyle and investment appeal. The main floor unit features a spacious and tastefully renovated two-bedroom layout. Upstairs, the second-floor unit offers a bright and airy one-bedroom, also updated. Recent upgrades include: Brand new wood front porch (2023). New back deck perfect for outdoor entertaining (2022). Fresh vinyl siding for enhanced curb appeal (2022). Modernized kitchens and bathrooms in both units (2022 Lower Unit, 2024 Upper Unit). New high-efficiency furnace (2025). Enjoy the extra space of a large backyard, ideal for tenants or future garden plans. Whether you’re an investor or a homeowner, this property checks all the boxes. (id:50982)

London North, Ontario

This Charming 1 1/2 story duplex located in the heart of Blackfriars. Ideal for a starter home with income or investors for expansion or rented as a turn key. Dbl garage, A/C, 4 parking spots with a front side spot. Featuring a renovated main floor; one large master bedroom that has a wall to wall closet, Open concept kit/living anda spacious full 4-pc bath. A cute front porch for those beautiful summer days. The Upper has been completely refinished to include a full studio unit. It is perfect for a young professional or student. Modern open concept and full of light with glorious windows. Separate entrance at back where the sheltered deck and yard can be private or shared. Full basement that is partially finished; a separated laundry room for shared access and a private locked area for storage/ home gym with mirrors! The neighbourhood is walking distance to numerous paths, parks and attractions and Close to the university (id:50982)

Drummond/north Elmsley, Ontario

Here’s an opportunity to develop a mixed use residential (zoned R4) property just 1 km east of the town of Perth. Take advantage of all the amenities Perth has to offer by building immediately next to its neighbouring township. This 15.594 acre lot currently established with a multi-residential 6 unit and 2 single dwelling properties fronting the highway and are being sold “where-is, as-is” ready for your development plans -the brown bungalow fronting the highway is perfect for a site office along with a steel shed with a garage door for equipment storage.. The second parcel at 16918 is single dwelling is also being sold “as-is, where-is” and measures .442acres. The land is level and dry, there is no surface water on the property. There is also an older environmental study for the 16904 parcel which indicated the property as clean. 24 Hrs. irrevocable please. *** All persons wishing to access to the property must be be accompanied by a Realtor *** (id:50982)

Ottawa, Ontario

Welcome to 93-95 Lower Charlotte, built around 1907. Since 2003, all systems were updated… electricity: 100 amp service to 300 amp … plumbing: lead pipes and cast iron to copper and ABS… remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 Lower Charlotte is a legal non-conforming Triplex… 93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. ft. The main floor has Living/Dining area, powder room, renovated kitchen with access to large private deck. The second floor has a Master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a Murphy bed. 95 Lower Charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with BBQ. TOTAL EXPENSES: Taxes – $11,699.00, Wifi – $1,573, Hydro – $2,690.00, Water – $1,713.43, Gas – $3,656.70 , Insurance: $5243.00 Total Operating Expenses is: $26,575.00. RENTAL REVENUES: Unit -1 at 93 : $2600 mth, Unit -2 at 95 : $3450.00, Unit – at 93-95 : $2350. TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00. Capitalization Rate is : 4.4 ($74,225.00 / $1,695,000) There are 4 legal Parking spaces. (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

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:50982)

Kirkland Lake, Ontario

Great investment opportunity in the heart of Kirkland Lake. This fully tenanted triplex offers three self-contained units, each featuring two bedrooms, one bathroom, and a practical kitchen-living room layout. Located in a mature residential neighbourhood, the property is within close proximity to schools, parks, medical facilities, and local amenities. With stable tenancy already in place, this is an ideal option for investors seeking a turnkey addition to their portfolio in a community with consistent rental demand. Some photos are virtually staged. (id:50982)

Ottawa, Ontario

Turnkey newly built fourplex offering bright, spacious studio-style units with premium finishes throughout. Each unit features hardwood floors, quartz countertops, stainless steel appliances, in-suite laundry, plus independently metered utilities and separate furnaces with central A/C. Shared beautiful backyard. Tenants pay all utilities. Excellent location close to LeBreton Flats LRT, Dow’s Lake, and Little Italy. Strong rents, solid tenants, and low-maintenance construction make this an outstanding investment opportunity. (id:50982)