Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Opportunity awaits! CAP RATE 7.55%. Perfect for visionary investors or ambitious home buyers seeking a revitalization project in the vibrant Lebreton Flats. Three refreshed century townhomes with original charm in a quiet neighbourhood are part of this exceptional real estate opportunity. Built in 1905, each home boasts 4 spacious bedrooms two equipped with 3 full bathrooms and one with 2.5 bathrooms along with partially finished basements. Separate utilities – forced air heating, on-demand tankless hot water, and air conditioning. Set on a generous lot of 56 x 84 feet and just steps away from the exciting new Sens arena development, LRT, and so much more. Severance potential adds further value and flexibility for future development. Don’t miss out on this remarkable opportunity to make your mark in a thriving community! (id:50982)

Ottawa, Ontario

Welcome to 12 Lewis Street, this elegant all-brick duplex ideally located in Ottawa’s prestigious Golden Triangle, where city living meets a quiet, established neighbourhood feel. Presenting a rare opportunity for investors, developers, renovators, or those seeking to craft their dream home in a prime location. Zoning Code N4B[478], this well-appointed property features two self-contained units, each thoughtfully designed with functional layouts and timeless appeal. Unit 1offers a warm and inviting space, featuring a comfortable living room with a wood-burning fireplace, a dining room, a well-appointed kitchen, a bedroom, and a full hallway bathroom. The unit also provides direct access to the rear yard, enhancing both convenience and livability. Unit 2 includes a bright and spacious bedroom with an additional den/closet area, a full bathroom, a kitchen with quartz countertops, and an open-concept living and dining area. This level also features a dedicated laundry closet and access to a private rear balcony, creating a comfortable and functional living space. The classic brick exterior and deep urban lot provide exceptional potential for renovation, redevelopment, or customization, allowing the next owner to maximize the property’s value and versatility. Additional features include a private backyard, side driveway with off-street parking, and an unfinished basement, offering ample storage and further development potential. Ideally situated just steps from Elgin Street and within walking distance to the Rideau Canal, National Arts Centre, downtown Ottawa, University of Ottawa, Lisgar Collegiate, parks, bike paths, LRT access, and an outstanding selection of restaurants and cafés, this property offers an unparalleled urban lifestyle in a quiet, established setting. This property must be sold together with 8 Lewis St and 10 Lewis St. Property sold as is, where is. 24-hour irrevocable on all offers. (id:50982)

Ottawa, Ontario

DEVELOPMENT SITE STEPS TO LRT. 0.34-acre site located ~400m from Cyrville LRT Station. Successfully rezoned Hub Zone 2 [F], permitting mid-rise residential intensification in a rapidly evolving corridor. Preliminary plans support a 6-storey mid-rise development, with supporting reports available. Approved zoning in place reduces entitlement risk and allows for near-term execution. Flexible strategy: develop immediately, hold with income while advancing design, or reposition within a transforming transit-oriented node. There are many permitted uses outlined in this mixed-use hub zone. In-place gross income (~$71K/year; ~$88K potential) provides stable holding revenue. Property includes triplex (3 x 2-bedroom units), office outbuilding with kitchen & washroom, and large fully fenced yard with ~20 parking spaces and separate gated access. Nearby developments demonstrate strong lease-up performance, supporting continued rental demand in this LRT-connected location. Supporting due diligence materials available upon execution of a signed NDA. All showings to be coordinated through listing agent. (id:50982)

The Nation, Ontario

Discover a rare opportunity to own a distinguished piece of history with this stately 1912 Victorian residence, gracefully blending timeless character with exceptional versatility. Situated in the charming village of St. Isidore, this impressive three-storey home offers a unique combination of immediate income potential and long-term redevelopment possibilities. Showcasing original architectural details and enduring craftsmanship, the property is currently configured with 12 private rental rooms across the main and second levels, complemented by shared amenities including a spacious kitchen and dining area, as well as three well-appointed bathrooms. The expansive third floor presents a remarkable opportunity for customization-ideal for additional income suites, a stunning owner’s retreat, or a transformative renovation project. Zoned Village Core, this property supports a wide range of permitted uses, making it equally attractive as a high-yield investment, multi-generational home, boutique business, or one-of-a-kind family residence. A truly exceptional offering where heritage charm meets future potential. (id:50982)

Ottawa, Ontario

Welcome to 193 Gladu Street, a charming duplex in Ottawa. This unique property functions as a single-family home with a self-contained one-bedroom, one-bathroom unit at the rear – perfect for extended family, guests, or rental income. The main residence is warm and welcoming, with a wide-open and bright main floor that flows beautifully from living to dining to kitchen. Anchored by a modern island, the kitchen offers plenty of workspace, storage, and natural light – ideal for both everyday living and entertaining. Upstairs, the second-floor bedroom features a cheater ensuite access to a fully renovated bathroom with a sleek glass stand-up shower. The top level includes two more spacious bedrooms and a second full bathroom, also fully updated with contemporary finishes. The rear unit has its own private entrance and offers a well-designed one-bedroom layout with a full bathroom and open living space – an excellent option for added flexibility or passive income. A detached garage adds extra convenience, and the location is hard to beat – close to parks, transit, shopping, and downtown Ottawa. Whether you’re looking for a multi-generational home, an investment opportunity, or a home with income potential, 193 Gladu Street delivers on all fronts. Front unit Gross monthly income: $2,550. Rear unit Gross monthly income: $1,575. Gross annual income: $49,500. OpEx: $8,938.66 (id:50982)

St. Catharines, Ontario

Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Brockville, Ontario

Rare chance to acquire a 24-unit Brockville multifamily asset offering immediate scale, stable in-place cash flow, and exceptional long-term upside at a 5.0% cap rate. The property features minimal landlord utility exposure with 24 hydro meters and 24 water meters, with nearly all tenants paying their own utilities. Major capital work has already been completed, including the 2022 roof, updated boiler system with new controls, backup boiler, and renovated suites with in-suite laundry. The true story here is the remarkable 61.6% gap-to-market rents, creating a clear path to substantial NOI growth and long-term equity appreciation in a strong Brockville location just off Highway 401. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Ottawa, Ontario

Fantastic investment property in the heart of Sandy Hill. This purpose-built 7-unit has higher end finishes with all of the modern touches. Open-concept kitchen, living and dining rooms. LED pot lights and exposed ductwork. Quartz counters, modern tile and SS appliances in the kitchen. Each unit is self-contained with its own furnace, hydro meter, on-demand hot water tank, and 1-piece stacked washer/dryer. All units have central air, except Unit 7 on the lower level. Pictures of units were staged and prior to current tenants moving in. (id:50982)

Hawkesbury, Ontario

Charming Updated Duplex on Expansive Lot Near Hawkesbury Discover this beautifully updated duplex, ideally situated just outside Hawkesbury on a spacious lot just under an acre. Perfect for investors or multi-generational living, this property offers modern convenience and ample space. Each unit features separate hydro meters, ensuring ease of management and cost efficiency. With plenty of parking available, this duplex accommodates residents and guests effortlessly. Enjoy the tranquility of a large, well-maintained lot while remaining in close proximity to Hawkesburys amenities, schools, and services. Dont miss this rare opportunity to own a versatile, move-in-ready property in a prime location! (id:50982)

Ottawa, Ontario

This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa’s most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafés, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities. (id:50982)

Arnprior, Ontario

Welcome to 278 Elgin Street West Arnprior! This 5 unit multi family building is ideally located within walking distance of downtown Arnprior. A century home in the front houses 2 large units and a purpose built addition on the back offers 3 more units. Tenants share a common coin operated laundry in the lower level. UNIT 1 in the front section boasts 2 bedrooms, original hardwood floors, large windows and a sun room ($ 1,070.00 per month).UNIT 2 (id:50982)

Ottawa, Ontario

This move-in ready triplex is ideally located just 10 minutes from downtown Ottawa, offering exceptional convenience and lifestyle. Situated within walking distance to NCC paths, the Experimental Farm, transit, shopping, schools, hospitals, and more, it’s a rare opportunity in a prime location. The main unit features three bedrooms and is perfect for owner occupancy, with its own private entrance, in-unit laundry, a sunny back deck, and a charming front garden. Inside, the home is bright and spacious, showcasing an open-concept great room, a modern kitchen with granite countertops, updated flooring, and fresh paint throughout. The lower level includes two bright and inviting one-bedroom units, each with its own separate entrance and access to a shared laundry area. Currently fully tenanted at $1213.98 (unit 1), $1208.22 (unit 2) and $2750.00 (unit 3) Showings available on Tuesdays, Fridays , or Sunday aftenoons (id:50982)