Ottawa Multi-Family Homes For Sale

Carleton Place, Ontario

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16′ x 12′ upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario’s fastest-growing communities. All kinds of possibilities with this unique income property. (id:50982)

Ottawa, Ontario

Welcome to 356 Gilmour Street, a beautifully maintained century duplex offering historic charm, spacious living, and excellent income potential in one of Ottawa’s most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating rental income from the other, this property offers flexibility and long-term value in the heart of Centretown.This classic brick duplex features two well-appointed units generating a combined monthly rental income of $4,004.48, increasing to $4,044/month effective August 1, 2026. The building offers approximately 2,048 sqft of interior living space (excluding basement).Unit 1 features a bright 1-bedroom, 1-bathroom layout with an enclosed rear porch and 1 parking space. Recent updates include fresh paint, a new toilet (2025), flooring improvements, and ongoing maintenance. Heat and water are included, with the tenant responsible for hydro.Unit 2 spans the second and third floors and offers 2 bedrooms plus an additional third-floor room ideal as a bedroom, office, or flex space. The unit includes 1 full bathroom, 1 half bathroom, and 1 parking space. Recent improvements include a new bathtub with ceramic tile surround (2025).Additional property upgrades include triple-glazed windows (2023), completed stacks, a boiler system (2021), and roof replacement (2016). Flooring throughout includes hardwood, vinyl plank, ceramic tile, and carpet.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. Minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and long-term tenants.Don’t miss this opportunity to own a character-filled duplex in one of Ottawa’s most vibrant neighbourhoods. Also available:360 Gilmour Street as an additional investment opportunity. Measurements are approx (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)

Ottawa, Ontario

Exceptional investment opportunity in the heart of North Gower, offering immediate income and outstanding future development potential. Positioned prominently at the intersection of Roger Stevens Drive and Fourth Line Road, this unique land assembly includes two fully tenanted triplex buildings along with a commercially zoned parking lot situated between them. The parking area accommodates approximately 10-12 vehicles and features a versatile outbuilding currently utilized for storage. With Village Mixed Use (VM) zoning, this property presents remarkable flexibility for a wide range of commercial, residential, or mixed-use possibilities. Whether you’re seeking a strong income-generating asset, a strategic land holding, or a site with exciting redevelopment prospects, this offering delivers exceptional value and long-term upside in a growing community. *Lot size is based on all three properties. (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)

Ottawa, Ontario

Turn-key triplex investment opportunity located in Ottawa’s central east end in the established community of Castle Heights! This well-maintained property has been owned by the same owner since 1989 & offers stable long-term tenants, reliable income, 4 parking spaces & separate hydro meters for each apartment + common areas. All tenancies are month-to-month, providing excellent flexibility for investors looking to expand their portfolio or potentially owner/family occupy. Add’l income is generated through the coined washer & dryer located in the shared laundry room. Apt. 1 is a LL 1 bed, 1 bath unit feat. laminate flooring, an updated kitchen w/ eating area, renovated full bath & large windows for natural light. Apt 2 offers a spacious 2 bed, 1 bath layout w/ hardwood flooring in the living rm & primary bed, laminate flooring in the secondary bed & a bright eat-in kitchen. Apt 3 feat. 2 beds, 1 bath, hardwood flooring t/o the principal rooms & 2 dedicated parking spaces. Shared common areas incl. front & rear staircases, laundry rm, utility rm & under stair storage . Extensive updates completed t/o ownership incl. roof replacement in 2015, boiler installed in 2010, painted front & rear staircases in 2025, + significant basement improvements in 2009 incl. new drain lines, backup valve installation, insulation, concrete flooring, updated flooring t/o, renovated basement kitchen & bathroom & windows replaced over the years as well. The exterior offers a stucco finish, interlocked side & rear walkway/patio, shared backyard space, storage shed & garbage area. NOI of $26,372.11 w/ loads of upswing in quiet residential Castle Heights community! Conveniently Walk to transit on McArthur Ave/Donald. Mins to St. Laurent Blvd., Montréal Rd. & downtown. Nearby amenities incl. St. Laurent Shopping Centre, Trainyards, Costco, parks, rec centres & many restaurants. A great opportunity to own a centrally located income property with long-term upside in a growing area of Ottawa! (id:50982)

Ottawa, Ontario

A rare multi unit gem in one of Ottawa’s Most Coveted Neighborhoods. Welcome to a premier, fully tenanted investment opportunity in Old Ottawa South. Perfectly positioned on an expansive 30′ x 161′ lot, this property offers the ultimate combination of immediate cash flow and future development potential. The property boasts a major 3,000 sq. ft. addition completed in 2017, bringing the total to four self-contained, high-yielding apartments (one 3 bed, two 2 beds, and one 1 bed). Every unit benefits from the convenience of private, in unit laundry, a massive draw for top tier tenants. The original front unit has been tastefully modernized with gleaming hardwood floors, granite countertops, contemporary cabinetry, and a renovated bath. Mechanically, this building is a dream for hands off investors. It features updated roofing (2017), a 2017 sump pump, and independent climate controls. Utilities are efficiently split across 3 hydro meters, 3 gas meters, and 1 water meter. Currently generating a strong $11,349.31 in gross monthly rental income with a 6.3% cap rate, this property is rock-solid. Best of all? The City of Ottawa has indicated potential for a 5 plex conversion, giving you a clear path to instantly boost your equity and revenue whenever you’re ready. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE IS. (id:50982)

Ottawa, Ontario

Welcome to 66 Delaware Avenue, Golden Triangle Ottawa! In an area with easy access to winter and summer sports, shopping, dining, entertainment, parks, bike baths, and more sits this lovely, well maintained legal four unit architecturally interesting building. The ground floor holds Apt.1 – 2 bedroom, 1 4pc bath, gourmet kitchen w/four appliances and inside access to basement laundry and storage. 2nd floor is home to large 1 bedroom, 3 piece bath, custom newer kitchen w/4 appliances and also a lovely large two room studio apartment with south facing deck, 2 kitchen appliances included. 3rd floor features a large 2 bedroom unit, with 2 kitchen appliances. Units 2 @ 3 pay hydro. The building is efficiently heated by hot water natural gas radiant heat. High ceilings all newer vinyl tilt & clean windows. N. Gas Boiler (Jan 2026) and 3 sides Asphalt Shingled roofs have been re done over the past 12 years 40 year shingles. (id:50982)

Ottawa, Ontario

Brand new purpose-built triplex in a highly desirable neighborhood, designed for long-term rental income or owner-occupier with two rental suites. Modern construction, low-maintenance finishes, and thoughtful floorplans make this an ideal investment or multi-family home. Each unit is separately metered for hydro with independent HVAC and HRV equipment. This exceptional triplex offers a rare opportunity in one of the city’s most sought-after neighborhoods. Ideally situated just steps from top-rated schools, convenient shopping, and a full range of amenities, it also provides easy access to the scenic canal-perfect for walking, cycling, and year-round recreation. (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)

Cornwall, Ontario

This fully furnished, income-generating duplex is now on the market; a true cash-flow machine that shows real pride of ownership. Located just steps from St. Lawrence College, restaurants, and shopping, it’s perfectly positioned for steady rental demand. Inside, you’ll find recently renovated kitchens and bathrooms, along with updated tile and laminate flooring throughout. Each level features front covered balconies and large enclosed back porches, plus a fully fenced yard. The garage and oversized driveway easily fit up to 7 vehicles. The main floor is heated by a forced-air gas furnace (2014), while the upper level runs on electric baseboards and a supplemental electric heater. Two owned gas hot water tanks service the building. Currently rented by the room, this property currently generates $4,800/month ($57,600 annually, all inclusive of utilities and internet). A turnkey investment opportunity with strong income from day one. (id:50982)