Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Welcome to 360 Gilmour Street, a beautifully maintained century duplex offering spacious living, strong rental income, and excellent long-term investment potential in one of Ottawa’s most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating income from the other, this property offers versatility, valuable parking revenue, and long-term value in a prime Centretown location.This classic brick duplex offers approximately 1,880 sq ft of interior space and generates a combined monthly residential rental income of $4,044.41, increasing to $4,128/month effective August 1, 2026, plus an additional $700/month in parking revenue from surplus parking spaces. Unit 1 offers 1 bedroom, 1.5 bathrooms, 1 parking space, and an enclosed backyard porch. Unit 2 features 3 bedrooms, 2 bathrooms, and 1 parking space, providing flexible living arrangements attractive to long-term tenants. Heat and water are included in both units, with tenants responsible for hydro.A rare feature for downtown Ottawa, the property includes 9 total parking spaces, creating additional revenue potential and enhancing long-term value.Major upgrades include triple-glazed windows (2023), boiler system (2024), roof replacement (2013), replaced plumbing stacks, R12 foam insulation in the basement (2017), and ongoing improvements throughout ownership, offering peace of mind and reduced future capital costs.Located in the heart of Centretown, residents enjoy walkingaccess to Bank Street and Elgin Street with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Just minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and quality tenants. Don’t miss this opportunity to own a character-filled duplex in one of Ottawa’s most vibrant neighbourhoods. Also available 356 Gilmour St. as another excellent investment opportunity. Approx-Dim. (id:50982)

Ottawa, Ontario

Welcome to 57 Lees Avenue – a rarely offered three-storey all-brick duplex in the heart of Old Ottawa South. This versatile and well-maintained investment property offers strong income potential with approximately $71,760 per year in gross rental income, while also presenting an excellent opportunity for owner-occupants seeking additional rental revenue.A shared front foyer provides access to both self-contained units. The main level features a spacious 2-bedroom unit offering hardwood flooring, high ceilings, an oversized kitchen with ample storage and workspace, an updated bathroom, private laundry, and direct side-door access to the backyard.The upper unit spans the second and third floors and offers an expansive 4 bedroom layout. This bright and updated space includes a renovated kitchen, private laundry, generous living areas, and a unique upper loft level with an additional flex room – ideal for larger households and flexible rental arrangements. Both units include separate parking spaces and private laundry, adding convenience and long-term tenant appeal. Ideally located within walking distance to the Rideau Canal,University of Ottawa, Main Street, Elgin and Lansdowne. This property is perfectly positioned near transit, parks, shops, and everyday amenities. Major updates include roof shingles (25-year shingles), Energy Star windows and skylights, air conditioning (2021), and a remodel of the second unit completed in 2019. A rare opportunity to own a character-filled multi-unit property in one of Ottawa’s most desirable central neighbourhoods. Some photos were taken prior to tenant occupancy and certain photos have been digitally altered. (id:50982)

Cornwall, Ontario

Well maintained 4-Plex in great condition, centrally located in the the heart of Cornwall close to many amenities including churches, schools, parks, shopping + restaurants. Fully rented, this property has a large lot with plenty of parking including a double car garage. The building features 4 individual units, each with their own unique style. The building has been updated over the years and shows extremely well. Net Operating Income of $50,693- rent roll on file. This property is a solid investment and offers exceptional value! (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

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This Victorian triplex with a legal secondary dwelling unit has four highly desirable & spacious apartments. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025) and new kitchen & paint in Apartment 3 (2026) . Current monthly rents are as follows: Apartment 1 – $1,734; Apartment 2 – $2,150; Apartment 3 – $2050; Apartment 4 – $1750; with 2 % rent increases for Apt 1 & 4 coming in Sept. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a total income of $98,008, a strong net operating income of $76,512 & a Cap Rate of 5.89%. With five individual hydro meters providing efficient utility management, a fire retrofit certificate on file, and consistent demand driven by the property’s proximity to the University of Ottawa, this asset offers both operational simplicity and long-term reliability. Significant upside remains available through future rent growth as apartments turn over – making this a compelling addition to any investment portfolio. (id:50982)

Ottawa, Ontario

Turnkey 4-unit income property in the heart of the Glebe generating $96,724 in gross annual income with a strong NOI of $73,705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa’s most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2,700/month, Unit 2 (second level 2 bed + den) at $2,500/month, Unit 3 (third level 1 bed) at $1,891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high. (id:50982)

Prescott, Ontario

2 LEVEL DUPLEX. TENANTED. LOVELY OLDER CENTURY HOME ON A LARGE CORNER LOT. BRICK EXTERIOR, 2 ENCLOSED PORCHES. ONLY A SHORT WALK TO DOWNTOWN, BEACHES, SHOPS, TRANSPORTATION, CHURCHES AND SCHOOLS. COULD BE REVERTED BACK TO SINGLE HOME. TOP LEVEL ELECTRIC HEAT, 2 BEDROOMS, BATH, LIVING AND KITCHEN. LOWER UNIT 3 BEDROOMS, BATH, LIVING AND KITCHEN. GARAGE REFUNCTIONED TO ACT AS STORAGE. FULL ATTIC AND BASEMENT. LOWER LEVEL HEAT IS HOT WATER. ALL UTILITIES ARE AS ONE BILLING. TENANTS ARE ALL INCLUDED. BOTH DECKS HAVE BEEN REBUILT. SOME PLUMBING UPDATES. Furnace/ Boiler leased. 2nd floor is baseboard heat. No washer and dryer on premises. Garage has 2 private storage areas. SELLER will consider VTB options. (id:50982)

Ottawa, Ontario

PREMIUM INVESTMENT OPPORTUNITY IN THE EMBASSY DISTRICT! Located on a peaceful dead-end street in the heart of Lower Town, this turnkey FOURPLEX is a rare “blue-chip” asset in a highly resilient rental market. Just steps from the Ottawa River, Byward Market, Global Affairs, and the NRC, it attracts a premium, professional tenant profile. The building features four spacious 2-BEDROOM suites, offering excellent long-term tenant retention. Each unit includes renovated bathrooms, full kitchens, and highly desirable IN-SUITE LAUNDRY (5 appliances per unit). Select units boast architectural charm with classic fireplaces and skylights. FINANCIALLY OPTIMIZED: The property features SEPARATE HYDRO METERS, significantly reducing landlord overhead. Enjoy a near-zero historical vacancy rate, steady income, and substantial room for rental growth in this supply-constrained neighborhood. Includes 3 parking spaces. A true buy-and-hold gem offering both stability and long-term capital appreciation! (id:50982)

Ottawa, Ontario

Exceptional turnkey investment property in the heart of Old Ottawa South, just steps from Carleton University, public transit, parks, restaurants, and everyday amenities. Built in 2022, this modern multi-unit building offers approximately 6,000 sq. ft. of thoughtfully designed living space, featuring 3 self-contained units with potential for a future 4th unit, with a separate side entrance already in place.Offering a total of 17 bedrooms and 10 bathrooms, the property is purpose-built for strong rental performance and efficient management. The main unit spans two levels with 7 bedrooms and 4 bathrooms, including an ensuite and Jack & Jill bathroom. The upper two units feature nearly identical layouts, each offering 5 bedrooms and 3 bathrooms, also with ensuite and Jack & Jill bathrooms.Each unit is separately metered and equipped with its own hydro, gas, A/C, and in-unit laundry. High-quality, low-maintenance finishes include commercial-grade flooring, stone countertops, stainless steel appliances, extensive LED pot lighting, and professionally landscaped front and rear yards. Energy-efficient systems help reduce operating costs and support long-term profitability.An outstanding opportunity for investors seeking strong, reliable cash flow in one of Ottawa’s most desirable rental locations. Highly attractive to university students and young professionals due to its exceptional convenience and accessibility, supported by proven rental history, stable occupancy, and strong tenant demand. (id:50982)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio.(House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:50982)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio. (House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Ottawa’s vibrant ByWard Market. This well-maintained 9-unit building offers strong rental demand, stable income potential, and excellent long-term appreciation in one of the city’s most sought-after downtown locations. Ideal opportunity for investors looking to add a solid multi-family asset to their portfolio. Numerous recent capital improvements include front porch (2026), rear addition (2023), and several interior upgrades throughout the years. Excellent suite mix with reliable tenants already in place, offering steady cash flow with future rental upside potential. Highly desirable rental location popular with hospital staff, young professionals, and students seeking convenient downtown living. Property features some on-site parking and is within walking distance to transit, restaurants, shopping, universities, entertainment, and major employment centres .Rare opportunity to own a turnkey income-producing property in the heart of Ottawa’s ByWard Market area. 48 hours notice required for all showings. 48 hours irrevocable on all offers. Rent roll and financials available upon request. (id:50982)