Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Amazing cash-flowing investment with outstanding future development potential! This spacious bungalow with a legal secondary unit sits on a prime 75ft x 120ft corner lot, currently grossing $6,800/month from two 4-bed, 2-bath with a net income of over $64,000/yr- 6.5%+ CAP RATE! The upper level has been beautifully renovated, featuring 4 generous bedrooms (including one with a 2-piece ensuite), a stylish modern kitchen, a large 5-piece bathroom, in-unit laundry, and bright open living space. The legal lower level unit offers 4 well-sized bedrooms, two stunning 4-piece bathrooms, and a sleek open-concept layout with high-end finishes throughout. Both units are highly desirable and very easy to rent, with excellent tenants already in place. Located within walking distance to Algonquin College, the future LRT, and College Square, with bus service right at your doorstep, this property offers unbeatable accessibility. Beyond the strong cashflow, the newly proposed Minor Corridor 2 (CM2) zoning unlocks incredible development potential permitting a 4-storey building with a footprint of 5,500+sqft. and the opportunity to create over 25,000sqft. of living space. This is a rare chance to secure steady income today while planning for exceptional future returns! (id:50982)

Ottawa, Ontario

Incredible Investment Opportunity! All brick bungalow with legal secondary unit on a prime lot with no rear neighbours, just steps to future LRT at Iris and minutes walk to Algonquin College! 4 Bed 1 bath upper unit, 3 bed 1 bath lower unit. Upper unit features 4 spacious bedrooms, a large living room with brick fireplace, good sized kitchen, laundry and 4pc bath. The lower level legal apartment offers an open concept kitchen & living space, good sized bedrooms and a 3pc bath with laundry. Access to a path from the backyard that leads to the future LRT station at Iris just 200M away and Algonquin College 1km away! Minutes walk to all the amenities of College Square. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 65ft x 100ft lot. New zoning coming soon allowing for a large 10 unit building (14,000+sqft), multiple townhouses or the possibility of two 6 unit buildings. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come! (id:50982)

Ottawa, Ontario

Rare Investment Opportunity Semi-Detached Bungalow with 2 Fully Equipped Secondary Units (R2A Zoning) Welcome to a purpose-built FOURPLEX rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers FOUR mirror-image units, each approximately 1,340 sq. ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. EACH UNIT enjoys its own separate: entrance, gas furnace, central AC, HRV system, hot water tank, 100 Amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today! (id:50982)

Ottawa, Ontario

Welcome to your dream home in Wellington West! This custom-built home, crafted in 2016, boasts an unbeatable location with the two additional above-grade units. Step inside to an open-concept main floor featuring glass railings, open stairs, and 10-foot ceilings. The main unit offers 3 bedrooms, 2.5 baths and a stylish kitchen island with granite and quartz countertops and high-end appliances. Abundant natural light floods in, enhancing elegant high-end finishes. It is the perfect space to enjoy with family or entertaining. Grab your morning coffee off of the kitchen balcony oasis, or enjoy a moment of tranquility on your rooftop retreat perfect for unwinding and taking in the sunsets or Canada Day fireworks. The rear balcony features luxury accordion glass doors, seamlessly connecting indoor and outdoor living. The 2-bedroom and 1-bedroom additional dwelling units feature separate entrances, separate kitchens, separate hydro meters, and separate gas meters, making it an ideal space for extended family. Steps from the Civic Hospital, Parkdale Market, Elmdale Tennis Club, Fisher Park, and so much more. Easy access to the highway and transit. (id:50982)

Ottawa, Ontario

Nestled in the prestigious and well-established Hunt Club neighborhood at 25 Pennard Way, this newly constructed, semi-detached executive townhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantly appointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separatemechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoy breathtaking vistas from a 500 sq.ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept design adorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs, including the Ottawa International Airport and Uplands Business Park, effortless commuting via Highway 417, and proximity to premier amenities such as Hunt Club Plaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence and an astute investment in a high-demand rental market (id:50982)

Ottawa, Ontario

Nestled in the prestigious and well-established Hunt Club neighbourhood at 22 Inverkip Avenue, this newly constructed, semi-detached executive townhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantly appointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanical systems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoy breathtaking vistas from a 500 sq.ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept design adorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs, including the Ottawa International Airport and Uplands Business Park, effortless commuting via Highway 417, and proximity to premier amenities such as Hunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence and astute investment in a high-demand rental market (id:50982)

Ottawa, Ontario

Nestled in the prestigious and well-established Hunt Club neighbourhood at 25 Pennard way, this newly constructed, semi-detached executivetownhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantlyappointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoybreathtaking vistas from a 500 sq.ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept designadorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs including the OttawaInternational Airport and Uplands Business Park, effortless commuting via Highway 417, and proximity to premier amenities such as Hunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence and astuteinvestment in a high-demand rental market (id:50982)

Ottawa, Ontario

Nestled in the prestigious and well-established Hunt Club neighborhood at 22 Inverkip Avenue, this newly constructed, semi-detached executive townhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantly appointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanical systems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoy breathtaking vistas from a 500 sq. ft. rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept design adorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs, including the Ottawa International Airport and Uplands Business Park; effortless commuting via Highway 417; and proximity to premier amenities such as Hunt Club Plaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence and astute investment in a high-demand rental market (id:50982)

Ottawa, Ontario

This unique legal Triplex, currently being used by one family, sits on a large 200′ x 120′ corner lot in a sought-after light industrial zone “IL2 H(14)”. The property offers incredible potential with approximately 1,500 sq. ft. of newly constructed covered storage areas, ideal for various commercial and residential uses. Inside, the well-maintained units feature 10 versatile rooms, each offering the possibility for conversion into separate office spaces or other functional layouts to suit your needs. The expansive yard, measuring 100′ x 120′, is perfect for a range of operations, including warehousing, manufacturing, light assembly, research and development, offices, and select retail ventures. Benefit from unbeatable accessibility with quick access to Highway 417 via the Montreal Road exit and local transit just steps away. Ideally situated at the corner of Canotek Road and Rainbow Street, this property is surrounded by a variety of amenities and businesses, making it an excellent location for both residential and commercial uses. This is a rare opportunity to invest in a property that combines space, flexibility, and unmatched location. Don’t miss out! (id:50982)

Ottawa, Ontario

Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $92,559 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. (id:50982)

Ottawa, Ontario

Must see this unique investment opportunity in prestigious Golden Triangle. 22 Delaware Avenue, a fully updated and rarely available 4plex just steps from the Rideau Canal, Lansdowne, Elgin Street & downtown. This bright & spacious property features 4 self-contained units, generating a strong income stream. The large apartments each come with a parking space & every amenities expected from a premium building. This building is ideal for Investors seeking a strong rental income or live-in owners looking to offset their mortgage. The building has been extensively renovated from top to bottom. Major updates include new electrical & plumbing systems, ductless air-conditioning, updated stylish kitchens & bathrooms, new windows, terraces with view of the Canal, restored front porch, newly-paved parking area, shared patio & dedicated storage. Tenants enjoy modern, exceptionally well-maintained apartments in one of Ottawas most walkable and desirable locations. With excellent long-term tenants in property with low maintenance requirements, this is a true turn-key asset with stable cash flow & future growth potential. Live in one apartment & rent the rest, or add a premium property to your portfolio in a location that is always in high demand. This is a rare opportunity to own a fully renovated multi-unit property where charm, attention to detail & pride of ownership shines in one of Ottawa’s best rental markets. Features! Rooftop terrace – Oversize windows (all) – Screened Glass doors – Fireplaces – High ceilings – Exposed brick – Canal views – Bay windows – Heated floors – Heated Bathroom floors (all) – A/C (all) – Stylish light fixtures (all) – Shoe racks – Wall-to-wall closets – Practical floor designs (all) – Generous kitchens (all) – Above stove microwave or stainless steel hood fan (all) – Granite or quartz counter tops (all) – Bathroom furniture/shelves(all) – Plaster ceiling moldings – Premium flooring – Smooth ceilings (all) – 6 appliances (all)- Intercom (all). (id:50982)

Smiths Falls, Ontario

Attention Investors and Small Business Owners – Strong CAP RATE AT OVER 9% Don’t miss this exceptional opportunity to own a fully renovated mixed-use triplex in the heart of Smiths Falls, just steps from the Rideau Canal and downtown core.This versatile property features a main-floor commercial unit with high street visibility, and was leased to a well-established medical/spa tenant. It’s ideal for those looking to operate their own business or benefit from stable commercial rental income. Above the commercial space are two newly renovated residential units, each featuring modern finishes and brand-new appliances perfect for attracting quality, long-term tenants. This turn-key investment delivers immediate income and long-term growth potential in a thriving, up-and-coming community. A rare opportunity to own a prime, income-generating property in Smiths Falls. All units VACANT set your own rents or move right in! (id:50982)