Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Welcome to Little Italy, an iconic neighborhood in the heart of the city, where a sleek and modern 4plex awaits you. This newly constructed legal 4plex exudes sophistication and style, with each unit featuring spacious layouts, high-end finishes, and an abundance of natural light. The property is fully rented with great tenants, ensuring a steady stream of rental income for the savvy investor. Little Italy is a prime location known for its lively atmosphere and vibrant community, making it an ideal spot for real estate investment. With low maintenance costs and high demand, this 4plex presents a lucrative opportunity for those looking to capitalize on the dynamic real estate market in Little Italy. Gross Rent $82,200 projected 2026. Explosive Air BNB potential. Close to O-Train, Lebreton Flats, Dow’s Lake, many specialty shops , restaurants and vibrant festivals. 24hrs notice for showings & 24hrs irrevocable on all offers, as per form 244. (id:50982)

Ottawa, Ontario

Excellent opportunity for investors/Developers on a residential/commercial property with zoning AM10. The property is convinient with bus stops, shops, Tim Horton and rstaurants aroung. There is high demand for rent for this area so the building is never vacant. There are three 3 bedroom apartments with full kitchen, bathrooms and dining areas. The 1st apartment in lower level is rented for $2,200 a month; the second apartment is rented for $2,000 a month; the 3rd apartment is rented for $1,800 a moth. The rent can be potentially greatly increased reflecting market rent when new owner can arrange new lease terms and rates. Each apartment has its own hydro meter and gas meter. (id:50982)

Smiths Falls, Ontario

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing. (id:50982)

Ottawa, Ontario

Exceptional mixed-use fourplex prominently positioned on the corner of Cooper and Percy in the heart of high-demand Centretown. This income-generating asset features three residential units (one 3-bedroom, one 2-bedroom, and one 1-bedroom) plus a street-level commercial space currently leased to a barber shop until the end of 2027. The main floor offers excellent flexibility, currently configured as a three-bedroom residential unit with full basement alongside the commercial storefront. The second floor includes two well-appointed apartments, each with access to its own rooftop space and common washer/dryer. Residential units 1, 2 & 3 were renovated in 2021, with a new roof and new windows (3-bedroom unit) completed the same year. All appliances, light fixtures, HWT, and A/C units are included. Current rents: Barbershop approx. $35,670/year; 2-bedroom $23,400/year; 1-bedroom $19,680/year; 3-bedroom was recently owner-occupied (previously rented at $3,100/month) and is now vacant. Residential Neighbourhood Commercial zoning; buyer to complete due diligence regarding zoning and permitted uses under Ottawa zoning by-laws. Located steps to public transit and within walking distance to shops, restaurants, Chinatown, Little Italy, Lebreton Flats, and directly across from the Rideau Curling Club. A high-visibility corner property primed for growth-ideal for investors seeking stable income, value-add potential, or an owner-occupier opportunity. Check out our video tour. (id:50982)

Ottawa, Ontario

Rarely available purpose built multi unit investment property in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom unit+one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler2025 (id:50982)

Ottawa, Ontario

Rarely available purpose built multi unit investment property in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroomunit+one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025. (id:50982)

Ottawa, Ontario

Intelligent investment opportunity and great cash flow in this purpose built Sandy Hill Triplex, NOI $74 524. The main floor 3 bedroom unit & 4 bedroom upper unit have similar floor plans consisting of spacious living rooms and updated kitchens/bathrooms.The lower unit also consists of 3 bedrooms and has its own entrance at the back of the property. All units have separate laundry and the oversized driveway offers 2 parking spots. The 2 car garage was previously used for storage but could allow for extra parking income or potential expansion for another unit. Both bathrooms on the main and upper level were completely renovated back to the studs in 2025.Flat roof on building 2017/2018 and garage replaced in 2020, heat pumps for unit 1 and 2 2025, new windows in lower unit 2015, new boiler 2015. Wood floors refinished and all units painted 2025. Just steps to Ottawa U campus, Strathcona Park and Embassies with easy access to the Byward Market, A full breakdown of all income/expenses and renovation documents are available upon request. (id:50982)

Casselman, Ontario

Once a single-family home, this fully converted and permitted up/down duplex in the heart of Casselman is a turnkey income-generating asset – generating $3,750/month in gross rental income with both tenants paying their own utilities. Upper Unit: 2 bed / 1 bath with separate entrance and dedicated outdoor space. Tenant planning to vacate end of term – a rare opportunity to owner-occupy or select your own tenant at current rent. Lower Unit: 2 bed / 1 bath with separate entrance and dedicated outdoor space. Fixed-term lease in place, providing immediate stable income. Three on-site parking spots. Fully permitted conversion.Located in the growing community of Casselman, just 35 minutes from Ottawa and minutes from Highway 417. Close to local schools, shops, and all essential amenities. This property cashflows. Whether you’re an investor looking to add a clean, permitted, cash-generating asset to your portfolio – or a savvy buyer ready to have their investment work for them from day one – this one checks the boxes. Photos taken prior to tenants occupying units. Full income and expense details available. Reach out to book your showing. (id:50982)

Carleton Place, Ontario

This beautifully maintained TRIPLEX (owned by the same owners since 2004) located in a highly sought-after neighborhood, presents an incredible investment opportunity. Just a block away from Centennial Park, residents can easily access a dog friendly beach, expansive greenspace, and peaceful walking trails. The property is conveniently walking distance from downtown Carleton Place, offering a variety of quaint shops and restaurants. Highlights include a huge backyard, parking for 4 cars, and recent upgrades like a new roof and eavestroughs in 2023, and a fresh exterior repaint in 2025. The triplex features three units with recent renovations: Unit #189 updated in 2023 is a 1 bdrm upper unit. Unit #193 refurbished in 2024 is a 2 bdrm upper unit. Unit #191 freshly painted in 2026 is a 3 bdrm main floor unit. Most windows have been upgraded over the years, enhancing energy efficiency. All units have their own hot water tanks that are owned not rented. This property is a fantastic opportunity for both seasoned investors and newcomers to the real estate market, promising immediate and long-term rewards in a charming community. 24 hour irrevocable on all offers. (id:50982)

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. Vacant unit rent assumed in listed NOI. (id:50982)

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. Vacant unit rent assumed in listed NOI. (id:50982)

Smiths Falls, Ontario

Centrally located duplex offering excellent flexibility for investors or owner-occupiers.The upper unit is a well-maintained 1-bedroom plus den, currently rented at $650/month plus hydro (well under market rent). The layout provides an easy opportunity to convert the den into a second bedroom, creating additional future value.The main floor unit is a spacious 2-bedroom, recently rented for $1,750/month, and is now vacant and ready for new tenants or immediate occupancy.Situated within walking distance to shopping, restaurants, the library, theatre, Town Hall, and the new Town Square, this property offers convenience and strong rental appeal. A solid opportunity with noteworthy upside in a growing community. Landlord pays: water & gas, tenants pay Hydro) units have separate Hydro metres. each unit has their own laundry facilities. (id:50982)