Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Exceptional investment opportunity in the heart of Centretown! This well-maintained and recently renovated LEGAL duplex offers the perfect combination of strong cash flow, owner-occupancy flexibility, and long-term value in one of Ottawa’s most desirable urban neighbourhoods. Featuring two spacious 2-bedroom units, each with its own private entrance, separate hydro meter, and in-unit laundry, this turnkey property is ideal for investors and homeowners alike. Numerous updates include renovated kitchens and bathrooms, updated plumbing and electrical, fire escapes brought up to code, fresh paint throughout, updated flooring, fencing improvements, and countless other upgrades that contribute to the property’s excellent condition and tenant appeal. A rare bonus for Centretown, the property includes 3 parking spaces, a highly sought-after feature for both tenants and owners. Investors will appreciate the potential for a return exceeding 7.0%, while owner-occupants can live in one unit and rent the other to significantly offset mortgage costs. Landlord pays heat and water, while tenants pay their own hydro through separate meters. Ideally located steps from Bank Street, Chinatown, Little Italy, public transit, parks, cafés, restaurants, shopping, entertainment, government offices, and some of Ottawa’s most vibrant urban amenities. Residents enjoy easy access to Dow’s Lake, the Rideau Canal, LeBreton Flats, Carleton University, the University of Ottawa, and downtown employment hubs. With strong rental demand, exceptional walkability, and major updates already completed, this is a rare opportunity to acquire a quality income property in one of Ottawa’s most established and sought-after neighbourhoods. (id:50982)

Gananoque, Ontario

Welcome to this charming up-and-down duplex nestled in the heart of beautiful Gananoque! Featuring two well-appointed 2-bedroom units, this property offers incredible flexibility for investors, owner-occupants, or those looking to generate rental income while building equity. Each unit provides a functional layout with comfortable living spaces, making them highly appealing to tenants and contributing to the property’s strong income potential. Whether you’re adding to your investment portfolio or purchasing your first income property, this duplex presents an excellent opportunity. Ideally located just minutes from downtown, shops, restaurants, schools, parks, the waterfront, and all the amenities Gananoque has to offer, you’ll appreciate the convenience and lifestyle this location provides. With excellent rental appeal, a desirable central location, and long-term investment potential, this charming duplex is an opportunity you won’t want to miss. (id:50982)

Ottawa, Ontario

This property, known as Creekside Lofts, is adjacent to Poole Creek; it consists of one legal duplex rented out for medium term rentals (30 days or longer up to 180 days). Perfect for an investor or a sitting owner who wants to live in one unit and rent out the other. Alternatively, the property would be ideal for a multi-generational family or co-operative housing. Each furnished unit consists of three bedrooms and two baths. They typically rent as MTR (medium term rentals) for $3,500 per month per unit. Total potential revenue from existing duplex is $7,000 monthly ($84,000/year gross). The lot is exceptionally deep, and pie-shaped. Depth ranges from 145.7 to 164.4 feet. Zoning is R1D[2240]: Primarily single-detached dwelling plus the addition of a secondary dwelling units. As of 2025-2026, many R1 zones are transitioning to new “N-series” (Neighbourhood) zones that allow up to 4 units per lot. Subject property is close to services, transit and jobs, 7-mins from the Canadian Tire Centre and there is a natural area behind the properties bordering Poole Creek which provides noise reduction, privacy and beauty. High Ranch construction means lower-level units is only 1/2 level down, has 8-foot ceiling height and large windows, good daylighting. Each unit is about 1,350 square feet, with separate ingress/egress. Total developed floor space of approximately 2,700 sq ft. (id:50982)

Ottawa, Ontario

Excellent investment opportunity in the heart of vibrant Vanier! Welcome to 208 Montfort Street, a well-maintained triplex offering strong income potential and excellent versatility for investors or owner-occupants alike. Ideally located close to downtown Ottawa, public transit, shopping, restaurants, parks, schools, and everyday amenities, this property provides convenience and accessibility in a rapidly growing neighbourhood. The building features three self-contained units with functional layouts, bright living spaces. Apt #204, Basement, has one bedroom, living room, kitchen & 3 pieces bathroom. Apt #206 & #208 have two bedrooms, living room, kitchen and 3 pieces bathroom each. Large windows throughout allow for plenty of natural light, while the property offers ample parking and outdoor space for tenant enjoyment. A fantastic opportunity to add to your investment portfolio with potential for steady rental income in a centrally located area close to employment hubs, University of Ottawa, and major commuter routes. Whether you are looking to live in one unit while generating rental income from the others or seeking a fully tenanted income property, this triplex offers exceptional value and long-term potential in one of Ottawa’s established urban communities. (id:50982)

Ottawa, Ontario

251 Arlington is a centrally located, fully functional duplex in the heart of Centretown, offering two well-designed 2-bedroom apartments. Each unit features its own private entrance for added convenience. The upper unit includes a bright, open-concept living, dining, and kitchen area, along with a dedicated office space with a balcony that is overlooking the neighbourhood. Both bedrooms are generously sized, making it ideal for comfortable living or working from home. The main floor unit offers excellent additional space, including 2 spacious bedrooms, exclusive basement access and direct access to the spacious backyard. The property has seen several thoughtful upgrades, including a upgraded 2019 front porch, updated landscaping with a paved driveway, and a two-storey rear addition that enhances overall living space. The duplex is fully legalized with separately metered hydro, and plumbing has been upgraded to ensure long-term reliability. The perfect opportunity for anyone looking for an investment property! 2025 expenses: Heat $1,885.84, Water $932.82 (id:50982)

Brockville, Ontario

Welcome to 1060 Moore Street, the ultimate real estate opportunity, whether you are a first-time homebuyer looking to have a tenant pay your mortgage, or a savvy investor hunting for a turnkey, dual-income asset. Currently under construction and slated for occupancy this September, this brand-new duplex features the expertly designed “Stratford” model by Mackie Homes, delivering approximately 3,035 square feet of pristine, modern living space. The main upper residence, with 2,095 sq/ft, functions like a high-end single-family home, boasting a bright, open-concept layout where the kitchen serves as the heart of the home, complete with a center island, premium quartz countertops, a walk-in pantry, and a dedicated office nook for seamless remote work. The adjacent living room features an elegant tray ceiling and flows naturally into the dining area, with sliding doors leading out to a private sun deck and the backyard. Upstairs, the home offers 3 bedrooms and 2 bathrooms, highlighted by the luxurious primary suite, which features a walk-in closet and a spa-like 5-pc ensuite with a freestanding tub, separate shower, and dual-sink vanity, all complemented by an oversized single-car garage below. Meanwhile, the fully self-contained, 940 sq/ft, lower level acts as an incredible income generator, flooded with natural light from massive windows that completely erase any “basement” feel, and it comes fully equipped with 2 spacious bedrooms, a full bathroom, comfortable living and dining areas, a full kitchen, and its own private laundry. With zero immediate capital expenditures, modern energy efficiency, a full builder warranty, and perfect timing for the fall market, this versatile property allows you to maximize your financial potential from day one, so reach out today for the full digital package before construction wraps up! Exterior Photo is a rendering of a similar home and is to be used only as an example. (id:50982)

North Dundas, Ontario

Welcome to 1317 Rodney Lane. This brand new duplex built in 2025 might be what you’ve been waiting on and best yet it includes a large heated shop! Located north of Winchester in a beautiful rural setting on a half acre lot. Listen to the birds and walk over to the peaceful Oshmann Forest Conservation Area featuring a lovely walking trail and children’s park. Watch the most stunning sunsets rolling across the open fields. Featuring a legal separate basement unit with private entrance and garage. Large bright windows throughout, including the basement unit. Each unit is equipped with separate heating and cooling systems, HRV, HWT and hydro meters. The 20′ x 30′ detached shop is heated with a propane forced air furnace. There is plenty of space for guests in the 144′ long driveway. The property features water treatments such as a water softener and UV light. Both units have reverse osmosis at the sink, walk-in closets, luxury vinyl floors, in-unit laundry and brand new appliances. The main level features 3 bedrooms and 2 bathrooms. The lower level features 2 bedrooms and 1 bathroom. Starlink internet satellite included. Basement unit is currently rented to wonderful tenants! Come check it out! Please note: due to basement occupancy, 24 hour notice required for showings. (id:50982)

Ottawa, Ontario

Welcome to 290-292 Daly Avenue, an exceptional multi-unit investment opportunity in the heart of Sandy Hill. This well-maintained property features six legal units plus one additional unit, offering excellent income potential in one of Ottawa’s most desirable rental locations .The building consists of five spacious two-bedroom units and two one-bedroom units, all thoughtfully designed with unique layouts, character, and charm. Situated on the prominent corner of Daly Avenue and Chapel Street, this attractive multi-family property benefits from strong rental demand and an unbeatable location. Just steps from embassies, residential neighborhoods, and major amenities, tenants enjoy walking-distance access to Parliament Hill, the ByWard Market, the Rideau Canal, the University of Ottawa, Rideau Centre, and much more. Whether you are looking to expand your investment portfolio or acquire a prime income-producing asset, this is an opportunity you do not want to miss. Book your private showing today! (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)

Mississippi Mills, Ontario

Income producing Duplex in the heart of Almonte. This property offers two spacious and separately metered units, one vacant and one tenanted unit. Move in and enjoy a low cost of living or rent to a tenant of your choosing. The front unit was completely renovated approximately 6-7 years ago, featuring new windows, stylish and updated finishes, offers 3 bedrooms and 1.5 bathrooms. The back unit is quite large and includes 3 bedrooms and 1 bathroom, plus a private and spacious yard. Major updates include 2 new furnaces (2024 & 2025) and new roof approximately 5 years ago. A wonderful opportunity in the thriving town of Almonte, where heritage charm meets modern convenience. Some photos have been digitally enhanced. (id:50982)

South Dundas, Ontario

Live in one side and rent the other. This updated duplex provides you with a turn key unit to live in (Unit 25 which is shown in the photos) while the other side is already rented to a good tenant. Tenant pays for all utilites. Each unit is a 2 bedroom (upper level) with living room and kitchen on the main level. The basement provides some extra living space and houses the utilities and laundry. The east unit has central air that was installed last summer. Huge lot with potential to build a garage or simply enjoy the green space. Currently there’s a garden area and a sea-can storage unit on the owner’s side. West unit is currently rented to good tenant. (id:50982)

Ottawa, Ontario

Fully Legal Four unit property in Parkway Park Absolute Cash Cow! Rare opportunity to own a turn-key legal 4-unit property in a premium investment location close to Algonquin College, College Square, IKEA,t ransit, and the new LRT. Two side-by-side bungalows, each with a main-floor unit and a legal basement apartment. All completed with permits, soundproofing, separate meters, and independent heating systems. Both basement units are completely renovated (2018) upper Unit 2430 has been fully updated throughout, while 2428 has new kitchen, fresh paint, refinished hardwood flooring, and new interior doors. The property also features new appliances throughout, new furnaces, and a roof re-shingled in 2017 with vents added. Lower units Each offers 2 bedrooms and a Den/ media (sometimes used as another bedroom), 1 full bathroom, a separate side entrance, and is extremely spacious with plenty of potential. Gross annual income exceeds $103,000, and more then 6% Cap rate. This is an absolute cash cow with fantastic, well vetted tenants and an extremely stable rental stream with virtually no vacancy. Tenants pay heat and hydro; landlord pays only water. Hot water tanks are included. This property is perfect for investors looking to move into one unit and rent the others, or lease all four units for maximum returns. More information, Rooms History including detailed expenses and net income, is available upon request. Don’t miss this high-demand, high ROI opportunity in one of Ottawa’s most sought-after areas for rental properties. (id:50982)