Ottawa Multi-Family Homes For Sale

Alfred And Plantagenet, Ontario

ATTENTION INVESTORS! An exceptional opportunity to own a versatile income-producing mixed-use property in the heart of Alfred! This impressive four-unit building features three residential apartments and one established commercial unit, offering multiple streams of rental income and excellent upside potential. The residential portion consists of two spacious 2-bedroom apartments and one bachelor unit. Adding to its appeal, one of the 2-bedroom apartments has been completely renovated and is currently vacant, allowing the new owner to set their own rental rate, with an estimated rental potential of approximately $1,300/month plus heat and hydro. The commercial unit is currently occupied by the well-established Milano Pizza, providing an additional source of income and stability.Ideally situated along Highway 17, this property benefits from excellent exposure, convenient access to local amenities, schools, restaurants and everyday services, while offering easy connectivity to both Ottawa and Montreal. With an established commercial tenant secured under a renewed four-year triple-net lease, three residential units and the added opportunity to maximize rental income from the vacant renovated apartment, this property presents an outstanding investment opportunity. Boasting a true potential net capitalization rate of 10.28%, this is an attractive opportunity for investors seeking strong income potential, multiple revenue streams and long-term value in a desirable central location. Don’t miss your chance to add this exceptional mixed-use investment property to your portfolio! (id:66888)

Alfred And Plantagenet, Ontario

An excellent investment opportunity in the heart of Alfred! This solid brick, two-storey mixed-use property offers approximately 6,400 sq. ft. of total building space and is zoned for up to six units. The property features three residential apartments on the second floor, all with existing leases, plus approximately 3,100 sq. ft. of commercial space on the main level, offering excellent potential for an owner-operator or investor. Previously occupied by the National Bank of Canada for many years, the commercial space includes a large retail area, four separate offices, a walk-in safe, storage space and handicap accessibility.Offering multiple income streams and future development potential, this property presents an exceptional opportunity for investors looking to maximize returns. With a potential net capitalization rate of 10.4%, this is an attractive addition to any investment portfolio. Whether you’re looking to operate your own business, lease the commercial space, or explore the property’s six-unit zoning potential, the possibilities are endless! (id:66888)

Hawkesbury, Ontario

MOTIVATED SELLER ! DUPLEX , Conveniently located to all amenities, featuring 2 separate hydro meters, 2 separate driveways, 2 hot water tanks, fenced property and 2 storage sheds. Possibility of Annual gross income of $ 25,128.00. Apt. 225 Higginson: main floor apartment, 2 bedrooms, NOW VACANT! ; Apt 223 Higginson: second floor apartment, 1 bedroom, rented at $767/month, heating & hydro included, no lease. Property being sold in “AS IS”, “WHERE IS” condition. (id:66888)

Cornwall, Ontario

Well maintained four plex on a quiet street. Generating a gross revenue of $44,355.72. All tenants pay their own utilities. Unit 425 (2 bedrooms) pays $1300.00, Unit 425A (2 bedrooms) pays $722.62, Unit 423 ( 1 bed room and a den)pays $922.50 and Unit423A (1 bedroom and a den)pays $751.19. Good cash flow. Property tax $2674.24, water tax $3385.20. There is one rental hot water tank which costs $270.00 a year. Insurance is $2568.54. 24 hours notice is required for showings (id:66888)

North Glengarry, Ontario

Turnkey 5-Unit Investment. Exceptional opportunity to own a fully renovated 5-unit residential building in Alexandria. Converted less than two years ago from office space, this property offers modern design, consistent high-end finishes, and strong rental income. The building features four fully leased units generating $6,900/month, with an additional 2,000 sq ft owner’s suite offering excellent potential for added income or owner occupancy. Each unit includes 2 bedrooms, 1.5 bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. All apartments are finished with granite countertops, quality cabinetry and durable modern flooring throughout. Tenants are on one year leases transitioning to month-to-month, providing both stability and flexibility. All tenants pay their own utilities. Low annual taxes of $6,000 and minimal capital expenditure make this a strong addition to any portfolio with a net income of approximately $90,000.00 per year if owner suite is rented. Located in the growing community of Alexandria, offering steady rental demand, affordability and convenient access to Cornwall, Ottawa, and Montreal. This opportunity is turnkey, low maintenance with strong income potential! (id:66888)

Ottawa, Ontario

Rare opportunity in the desirable Kingsview Park area of Vanier! This fully renovated, legal two-unit detached property sits on a generous 50 x 100 foot R2 zoned lot on a quiet cul-de-sac. Ideal for investors or homeowners looking for a legal secondary unit to help offset mortgage costs. Completely renovated in 2020 with professionally completed work, this property features two updated kitchens, two new bathrooms, new flooring, paint and trim, plus an owned gas hot water heater. Ten appliances are included. The main floor offers a spacious family room, modern chef’s kitchen with Island and stainless steel appliances, laundry and 3 good sized bedrooms. The bright lower unit features its own kitchen, bathroom and laundry, two bedrooms and large windows for plenty of natural light. Steps to Janville Park and playground and Kiwanis Park. Includes rare oversized parking, detached garage and private PVC fence added in 2024. Attachments include ESA certification and Occupancy Permit. Current tenants are month to month, Projected rents are $2700 and $1500 per month all inclusive. An excellent opportunity in a growing neighborhood !! 24 hours notice for showings. (id:66888)

Mississippi Mills, Ontario

RARELY OFFERED TOWNHOUSE DUPLEX IN HISTORIC ALMONTE! Immaculately maintained, in exceptional condition and loaded with major updates, this is the kind of opportunity that doesn’t come along often! Two spacious, 2-storey residences, EACH with 3 bedrooms, 1.5 bathrooms, GARAGE PARKING and its OWN FENCED BACKYARD! Ideal for investors, multi-generational living, or occupying one unit while collecting rent from the other. Set on a generous 66 x 99 ft lot, this impressive property features a full-width covered front porch and separate entrances. Each residence offers generous living and dining areas, a kitchen and a powder room on the main floor, with 3 bedrooms and full a bathroom upstairs. Pride of ownership shines through, with separate natural gas furnaces and central A/C systems, plus an extensive list of improvements: NEW furnaces, A/C and ductwork (2019); updated bathtub and shower surrounds in BOTH units (2021); eavestroughs (2021); repaved driveway (2021); and PVC fencing separating the backyards (2024). Outside, enjoy a detached TWO-CAR GARAGE, ample parking and private fenced outdoor space for each unit. Unit 78 includes a steel gazebo (2023) and is CURRENTLY VACANT, ready for immediate owner occupancy or a new tenant. And the LOCATION! Almonte is one of the Ottawa Valley’s most charming and sought-after historic towns, celebrated for its beautiful heritage buildings, iconic mills, rushing waterfalls along the Mississippi River, scenic Riverwalk, independent shops, restaurants and welcoming small-town character. Enjoy the lifestyle and charm that make Almonte so special, with Main Street East at your doorstep. TWO HOMES, TWO GARAGE SPACES, TWO FENCED YARDS and updates already taken care of. THIS IS THE ONE! (id:66888)

Mississippi Mills, Ontario

RARELY OFFERED TOWNHOUSE DUPLEX IN HISTORIC ALMONTE! Immaculately maintained, in exceptional condition and loaded with major updates, this is the kind of opportunity that doesn’t come along often! Two spacious, 2-storey residences, EACH with 3 bedrooms, 1.5 bathrooms, GARAGE PARKING and its OWN FENCED BACKYARD! Ideal for investors, multi-generational living, or occupying one unit while collecting rent from the other. Set on a generous 66 x 99 ft lot, this impressive property features a full-width covered front porch and separate entrances. Each residence offers generous living and dining areas, a kitchen and a powder room on the main floor, with 3 bedrooms and full a bathroom upstairs. Pride of ownership shines through, with separate natural gas furnaces and central A/C systems, plus an extensive list of improvements: NEW furnaces, A/C and ductwork (2019); updated bathtub and shower surrounds in BOTH units (2021); eavestroughs (2021); repaved driveway (2021); and PVC fencing separating the backyards (2024). Outside, enjoy a detached TWO-CAR GARAGE, ample parking and private fenced outdoor space for each unit. Unit 78 includes a steel gazebo (2023) and is CURRENTLY VACANT, ready for immediate owner occupancy or a new tenant. And the LOCATION! Almonte is one of the Ottawa Valley’s most charming and sought-after historic towns, celebrated for its beautiful heritage buildings, iconic mills, rushing waterfalls along the Mississippi River, scenic Riverwalk, independent shops, restaurants and welcoming small-town character. Enjoy the lifestyle and charm that make Almonte so special, with Main Street East at your doorstep. TWO HOMES, TWO GARAGE SPACES, TWO FENCED YARDS and updates already taken care of. THIS IS THE ONE! (id:66888)

South Stormont, Ontario

A purpose built 6 unit apartment building located beside a park with walking paths through the village of Long Sault close to the St Lawrence River, bike bath and the St Lawerence Parkway. There are 5 two bedroom units and 1 one bedroom unit. Tenants pay their own utilities. Most rents are low but great potential for growth in the future. Top floor unit was recently rented for $1525 plus utilities. Additional income from coin operated laundry. (id:66888)

Cornwall, Ontario

Are you looking for a wonderful property with a great income? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. “Other” expense is natural Gas $785.64/year for on demand HW. Gross yearly income is currently $53,508.00. (January 2027 will be $60,938.00 when fully rented). to be verified. 48 hour notice required for showings. SC with MLS X13765952 (id:66888)

Cornwall, Ontario

Are you looking for a wonderful property with a great income? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. “Other” expense is natural Gas $785.64/year for on demand HW. Gross yearly income is currently $53,508.00. (January 2027 will be $60,938.00 when fully rented). to be verified. 48 hour notice required for showings. SC with MLS X13765952 (id:66888)

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 $4,128, 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 walking access 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 Street as another excellent investment opportunity. Measurements are approximate. (id:66888)