Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit – two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don’t miss your chance – schedule a private showing today! (id:66888)

Brockville, Ontario

72-74 Park Street – Exceptional Five-Unit Investment Opportunity. Expand your investment portfolio with this well-maintained income property featuring four residential apartments plus a self-contained granny suite, offering multiple streams of rental income in one convenient location. With a blend of long-term, reliable tenants and newer occupants, this property provides both stability and future upside. Over the years, the property has been thoughtfully improved as units became available. Many suites have been refreshed with new flooring, updated ceilings, drywall, modern LED lighting, and improved insulation, helping reduce maintenance while enhancing tenant appeal. Unit 72 has also benefited from a new roof and rebuilt gable, adding further value and peace of mind. Tenants enjoy a variety of outdoor spaces, with some units offering private backyard areas while others share common green space. A storage shed provides additional convenience, and the property includes two dedicated parking spaces. Whether you’re an experienced investor or looking to add a quality multi-family property to your portfolio, this is an excellent opportunity to acquire a well-cared-for asset with ongoing improvements already completed. Vacant photos are prior to tenancy. Currently fully occupied (id:66888)

Ottawa, Ontario

A rare, high-performing luxury triplex in Sandy Hill: fully optimized with massive structural upgrades and 3 hydro meters for effortless operation. This versatile, and fully optimized Ottawa triplex at 460 Wilbrod Street offers strong income potential, exceptional versatility, and future appreciation in a high-demand, walkable community. Featuring self-contained, light-filled units with functional layouts, this property is ideal for multi-generational families or savvy investors looking to maximize returns.The main level delivers a versatile 2-bath, 3-bed (or 4 bed potential) residence with dramatic 12-foot ceilings, an open floorplan, and an amazing 3-tier deck for outdoor entertaining. The second-floor unit captivates with 10-foot ceilings, a chef-grade kitchen, two large bedrooms including a primary suite with private ensuite, and a unique sunken studio featuring exposed brick. The third-floor suite commands attention with a vast open-concept living space, two well-proportioned bedrooms, and an impressive rooftop deck.The basement boosts revenue with three rentable bedrooms, a full bath, kitchenette, and profitable coin laundry. A detached garage and surface parking elevate appeal. Fully leased units ensure instant cash flow. Modern enhancements feature advanced exterior insulation and refined brick-veneer recladding. Steps from fine dining, art galleries, Parliament Hill, and the University of Ottawa. Plan a tour today and claim this standout opportunity! (id:66888)

South Stormont, Ontario

This 6 unit townhome is currently under one ownership and is fully rented. Priced at $265,000 per unit this makes a great investment property. There is also a possibility of severing off units as investments which will increase their value and build instant equity. The seller does not warrant severance so Buyers are to do their own due diligence with the township to ensure severance’s are obtainable. All units are 2 bedrooms with a 4 pc bath on the main level plus a recreation room and a 2pc bath in the lower level. All units also feature gas heat and central air & the tenants pay their own utilities. (id:66888)

Ottawa, Ontario

Well, maintain a solid 15-unit building, which includes 6-2 bedrooms, 8-1 bedrooms, and 1 bachelor apartment.. Many updates have been completed in most of the units in 2010 years including bathrooms and kitchen. The roof was redone in 2008, All units are above ground with 8 covered parking and 4 surface parking spaces. in the Mortgage Details: CMCH 1st Mortgage /new first mortgage June 01, 2026 amount $3,083,000.00 40 year amortization, 10 year term , rate 4.3% due in 2036 June ( principal payments $2,388.53, Interest Payments $ 10,989.47 ) gross Income yearly $303,040.00 , total expenses $94,230 including vacancies , management taxes insurance, utilities maintenance $94,230 ,00 Net income $207,014.00 (id:66888)

Brockville, Ontario

Attention investors! Prime turnkey opportunities like this rarely hit the market. Welcome to 12 Scace Avenue-a brand-new, purpose-built 6-unit multiplex ideally situated in the high-demand central east end of Brockville. Designed for maximum profitability and minimal landlord oversight, this property features an ideal unit mix consisting of four spacious 2-bedroom apartments and two efficient 1-bedroom apartments. The building comes fully tenanted with leases commencing September 1st, providing immediate, predictable cash flow with zero initial vacancy. Tenant-paid hydro and water via separate meters keep operating expenses exceptionally low, while modern, high-efficiency construction ensures virtually zero capital expenditure and minimal ongoing maintenance for years to come. Centrally located near local amenities, public transit, schools, and major routes, 12 Scace Avenue represents a low-risk, high-yield centerpiece asset ready to deliver stable long-term returns from day one. (id:66888)

Ottawa, Ontario

Welcome to 105 Jolliet Avenue, a renovated income property ideally located just steps from the shops, cafés, and restaurants of Beechwood Village. This legal duplex also includes a third non permitted unit, offering investors or owner occupiers a strong combination of existing rental income, flexibility, and long term upside in one of Ottawa’s most desirable urban neighbourhoods.The property features three updated living spaces with bright interiors, functional layouts, modern kitchens, and stylish finishes. The main unit is currently vacant and ready for an owner occupier, while the upper and lower units provide immediate rental income. On site parking and a desirable corner lot further add to the property’s appeal. The upper unit is currently rented for $1,900 per month all inclusive, with a lease in place until September 2026. The lower unit is rented for $1,300 per month plus hydro. The main unit is rented for $2,000 per month all inclusive, beginning September 1st, 2026, giving the property a gross rental income of approximately $62,400 annually if fully leased.Monthly operating costs include approximately $200 for hydro, $200 for water, $150 for gas, $143.53 for the Reliance rental furnace, air conditioner, and hot water tank, and approximately $250 for insurance.Whether you are looking to live in one unit while offsetting your mortgage with rental income or add a renovated multi unit property to your portfolio, 105 Jolliet Avenue offers immediate income today with strong long term potential in a neighbourhood surrounded by continued infill and redevelopment. (id:66888)

Arnprior, Ontario

Located in the heart of the desirable downtown core of the Town of Arnprior, this attractive multi-tenant commercial/residential building offers outstanding curb appeal and strong investment potential. All five units are currently tenanted, providing immediate rental income for investors. The main floor features three commercial units, each with its own private 2-piece washroom, providing functional and flexible space for a variety of businesses. The second floor offers two well-appointed residential apartments. Apartment 1 includes a spacious 2-bedroom layout with hardwood flooring throughout the living room, dining area, hallway, and bedroom. A cozy fireplace enhances the generous living area, while the unit also features a 4-piece ensuite bathroom and an additional 2-piece powder room. Apartment 2 also showcases hardwood flooring in some living areas and includes a 4-piece bathroom. The basement level provides dedicated storage areas for the commercial tenants, along with utility space. The property is equipped with separate metered forced-air natural gas furnaces and separate metered electric baseboard heating, as well as central air conditioning. There are 6 hydro meters, one for each unit & one for the owner’s electricity in the halls etc. Electrical service includes a 200-amp main panel. Ideally located in the heart of downtown Arnprior, this well-maintained mixed-use building is within walking distance of shops, restaurants, professional services, and other amenities. A rare opportunity to add a quality, fully occupied investment property with diversified commercial and residential income to your portfolio. RENTS: 2 BED APT-$2,000 1 BED APT-$1,281.50 ENGINEER NIK RANK-$926.88(+HST) DAVIDSON HEARING AID CENTRE-$3,127.89(+HST) DUTCH NOOK-$1,800(+HST). TAXES-$13,046 (2026), INSURANCE-$4,428, HYDRO-$1,326, WATER-$1,467, MAINTENANCE-$5,000, MANAGEMENT-$5,249, STRUCTURAL RESERVE ALLOWANCE- $2,099 (id:66888)

Ottawa, Ontario

Turnkey detached brick duplex in the heart of West Centretown, offering strong furnished rental income and extensive recent updates. The spacious main-floor 2-bedroom unit rents furnished for $3,000+/month (with one parking spot), while the upper 2-bedroom unit rents furnished for $2,600+/month, providing gross rental revenue of $67,200+ annually.Both units are bright, spacious and move-in ready, with major improvements including new Scheel windows (2025), ductless heat pump systems on both floors (2025) providing efficient heating and cooling, updated electrical, plumbing updates (2026), new second-floor carpeting (2026), and LED lighting throughout with dimmer switches. The main-floor bathroom has also been refreshed with a new vanity and toilet.Each unit enjoys separate access to a common basement laundry and storage areas and paved parking adds another valuable amenity.An outstanding central location within easy reach of Shops and Restaurants, Preston Street, Bayview LRT, downtown, uOttawa and the Ottawa Hospital. A well-maintained, income-producing property in one of Ottawa’s most walkable and consistently rentable neighbourhoods-ideal for investors, an owner-occupier, or buyers looking for flexible multi-generational living. 24-hour irrevocable on all offers. (id:66888)

Ottawa, Ontario

Rarely offered for sale, this purpose-built 6-plex is ideally located in one of Ottawa’s most desirable rental neighbourhoods, just a 15-minute walk to Westboro Village and with equally convenient access to Wellington Village. Exceptionally well maintained by its owner, the property has been thoughtfully cared for over the years, with each of the six units updated. The spacious unit mix includes two 4-bedroom units, three 2-bedroom units and one 1-bedroom unit. All units feature hardwood flooring, eat-in kitchens and generous living spaces. A particularly rare feature is the 5-bay detached garage plus 3 additional surface parking areas, providing excellent parking and storage options, along with individual storage lockers for each apartment. This combination of dedicated garage space and private storage is an uncommon offering for a property of this type and location. The purpose-built building offers convenient access to all units through the front stairwell, with a separate rear stairwell providing access to the garage parking and shared paid laundry facilities. The property currently generates a strong Net Operating Income, with additional upside potential based on today’s market rents. Please contact the listing agent for details regarding recent updates, current rents, projected market rents and other property features. (id:66888)

Ottawa, Ontario

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa’s most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa’s multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. (id:66888)

Ottawa, Ontario

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa’s most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa’s multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. (id:66888)