Ottawa Multi-Family Homes For Sale

North Grenville, Ontario

Don’t miss this exceptional opportunity to own a triplex set along the tranquil banks of Kemptville Creek, providing direct access to the historic Rideau River, a UNESCO World Heritage waterway! All three units are 2 bedrooms, each with a 4pc. bath and include laundry! The vacant unit is a 2 storey with large living room, separate laundry room and an eat in kitchen overlooking the backyard/water. This unit has access to a back deck from the kitchen, has 2 bedrooms on the 2nd level – one with a patio door to a 2nd level deck! An updated 4p. bath also in the 2 storey unit, currently vacant! Unit 112 is a main level unit with 2 bedrooms, large kitchen & charming living room. This unit also has a new back deck to enjoy the water & outdoor space. Both 112 & 114 have access to their separated basements, and are heated with F/A gas furnaces (2015). Unit 110 is an upper 2 bedroom unit, with 4pc. bath, great sized living room, and kitchen. This unit also has a new back deck with access to the backyard. This unit has baseboard heat. The windows & doors were replaced in (2017) in both unit #110 & #112. Utilities for each unit are separate, with 3 separate hydro meters. Each unit has an entrance from the main street as well as rear entrances. Unlike most income properties, this doesn’t only have water access & view, but a large yard and minimum 2 parking spots per unit + visitors! Not often you get a building this well maintained, a true triplex on .52 acres on the Kemptville Creek with great updates and access to all amenties without getting in a vehicle! But if you have a car…there is plenty of outdoor parking for it! This building is across the street from the Heritage Grahams Bakery & amazing baked goods – does it get any better than that! Book your private viewing today. 24 Hour notice for all showings to accommodate tenants. (id:66888)

Ottawa, Ontario

In the heart of Osgoode, this unique income property offers the charm of village living with the convenience of an easy commute – just 35minutes to downtown Ottawa. Zoned Village Mixed-Use, possibilities include a variety of residential or future development opportunities. Dwelling 1 is currently tenanted at $1,500/month with an excellent long-term tenant and a lease secured through December 31, 2026, providing immediate, stable rental income. Dwelling 2 is owner-occupied and will be delivered vacant upon possession, making it ideal for owner occupancy or securing a new tenant in a community where rental demand remains strong and inventory is limited. Located close to schools, the local library, everyday amenities, scenic walking trails, and within walking distance to a popular local coffee shop. For outdoor enthusiasts, the property is located approximately 1 km from the river and nearby boat launch, providing easy access to boating, paddling, fishing, and waterfront recreation. Step outside and enjoy the peaceful backyard retreat – a perfect space to relax, entertain, or unwind after a long day. Recent updates completed by the current owner include :New roof (2016) New windows (2017) Water softener (2019) Electric panel upgrade (2020)Furnace &central A/C (2021) Hot water tank (2024). (id:66888)

Ottawa, Ontario

An incomparable investment opportunity in one of Ottawa’s most sought-after neighborhoods awaits savvy investors. In the heart of Lindenlea, 6 rental units await all the benefits of an advantageous address: minutes to amenities and specialty shops of Beechwood Village, Global Affairs and the Byward Market. Steps to transit for a swift commute downtown or out of the city. Surrounded by bike paths, parks and heritage homes, this opportunity is an optimal long term investment for the right portfolio. At approximately 1000 sq.ft each, these units boast generous spaces that are difficult to find in todays rental market. Each well maintained suite features 2 bedrooms, full bath, bright living spaces, laundry, and a private garden. With room for a BBQ or urban garden, the appeal and ease with which to attract tenants is ready-made. Some lower levels are finished, while others await customization. Take advantage of this project which offers excellent value to get in on the ground floor and reap the benefits. (id:66888)

Cornwall, Ontario

Excellent Investment & Owner-Occupier Opportunity in Cornwall! Discover this fantastic, well-maintained duplex presenting a great opportunity for investors and homeowners alike. The property features two distinct 2-bedroom, 1-bathroom units, each offering a spacious living space and a functional kitchen. Situated on a large lot, this property boasts ample parking for multiple vehicles and significant outdoor space perfect for gardens and a play area. With a low-maintenance exterior, you can spend more time enjoying the benefits of ownership. Its location offers convenient access to local amenities, schools, transit routes, and major highways, making it highly desirable for tenants. (id:66888)

Smiths Falls, Ontario

Turn-Key Income TRIPLEX in the Heart of Smiths Falls – Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it’s built to perform – and a cap rate over 9.75%. With two vacant units, you set the rents – or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry – a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region’s fastest-growing communities – immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:66888)

Ottawa, Ontario

**Because it takes two to make a thing go right…** 257 Lavergne Street offers the kind of flexibility that can make a home work harder for you, with two self-contained two-bedroom units, separate laundry and separate metering under one roof. Better still, the property is being sold vacant, giving the next owner the freedom to decide exactly how they want to use it from day one. For a multi-generational family, it creates the opportunity to live close while maintaining independence. For a first-time or younger buyer, the second unit can help offset the mortgage while you build equity. And for the creative investor, the property offers even more to think about, including an approximately 550 sq. ft. heated attached garage with electrical and architectural plans already prepared for a potential conversion, plus a lot that could hold longer-term redevelopment potential. The raised-bungalow design is a big part of what makes the setup work so well. Large windows bring natural light into the lower level, helping it feel like a genuine second home rather than a traditional basement apartment. Each unit offers two bedrooms, a full bathroom, comfortable living space and a generous eat-in kitchen, while the upper level adds hardwood floors, a custom fireplace wall and direct access to the backyard. Outside, established gardens, a two-tiered deck and gazebo create a private place to unwind, but one of the biggest draws is what sits just beyond the property. Beechwood Avenue is close by, putting some of Ottawa’s best local cafés, restaurants, specialty shops and everyday conveniences within easy reach. Live in one and rent the other. Bring family together without giving up independence. Explore a third unit or think bigger about what the property could become over time, subject to applicable approvals.257 Lavergne isn’t just a bungalow with two units. It’s a property with options, and the freedom to choose what comes next. (id:66888)

Mississippi Mills, Ontario

JUST LISTED | Investment Opportunity Stunning 6-unit investment property located in the friendly and growing community of Almonte. This exceptional multi-residential building is within walking distance to parks, recreation, downtown shopping, and restaurants, offering tenants both convenience and lifestyle appeal. Meticulously maintained and showcasing true pride of ownership, several units have been extensively renovated, with the most recent updates completed in 2022. The quality workmanship and ongoing care make this property a standout opportunity for investors seeking stability and long-term value. Property Features:6 Apartment Units, Attached Three-Car Heated Garage, Ample Additional Parking, In-Unit Laundry, All-Inclusive Rents, Excellent Tenant Retention Potential. Unit Breakdown:1 x 1 Bedroom | 1 Bathroom, 2 x 1 Bedroom + Den | 1 Bathroom, 1 x 1 Bedroom + Den | 2 Bathrooms, 1 x 2 Bedroom | 2 Bathrooms, 1 x 3 Bedroom | 3 Bathrooms. Ideally positioned in one of the Ottawa Valley’s most desirable small towns, this turnkey investment offers strong rental appeal, a high standard of maintenance, and peace of mind for any savvy investor. (id:66888)

Lanark Highlands, Ontario

Excellent opportunity to own a solid income-producing 4-plex in Lanark, generating $56,400 in gross annual rental income. The property consists of four rental units. The 1st-floor 2-bedroom apartment rents for $1,350 per month, while the 2nd-floor 1-bedroom apartment rents for $1,200 per month. There are also two 2-bedroom apartments occupying the 1st and 2nd floors, renting for $650 and $1,500 per month respectively. That gives the property a total rental income of approximately $4700 per month, or $56,400 annually. The annual operating expenses are very reasonable. Property taxes are $4,019.07 per year, insurance is $3,520, hydro is $600, and propane is $1,400, total annual expenses to approximate $9,539.07. There are also several desirable features that make this property attractive from both an investment maintenance standpoint. The building has a steel roof, copper wiring with breaker panels, hardwood floors, a newer water pressure tank, and a full basement that provides plenty of storage space. The property uses a propane hot-water tank, and all tenants pay their own hydro and heating costs, helping to keep the owner’s operating expenses down. Lanark is approximately 45 minutes from downtown Ottawa, 10 miles north of Perth, and about 20 minutes west of Carleton Place. The community offers the everyday amenities tenants need, including a grocery store, gas station, library, town hall, pizzeria, chip stands, and more. Lanark is also attracting increasing attention from Ottawa buyers looking for more affordable real estate and income-producing properties outside the city. For investors looking for cash flow, affordability, and long-term potential, this is a property worth taking a serious look at – before Lanark values move even higher. (id:66888)

Champlain, Ontario

Welcome to 119 Pendleton Street, a side-by-side duplex tucked away on a quiet street in Vankleek Hill, offering investors a great opportunity for an income property with thoughtful updates and two well-defined living spaces. Each unit offers its own private entrance, two bedrooms, separate laundry, its own hydro meter, heating system, hot water tank, parking for two vehicles, and a private backyard, giving each side a comfortable sense of independence.Unit A underwent an extensive interior renovation in 2022, including the kitchen, bathroom, flooring, stairs, doors and trim, and was also upgraded with a heat pump. Unit B received its own heat pump in 2025, while additional property improvements include gutters, a shared rear deck with storage underneath, landscaped pads for each side, and new front steps.Set near the end of Pendleton Street, you get the best of both worlds: a quieter setting with private backyards and beautiful sunset views, while still being within walking distance of everything Vankleek Hill has to offer. Shops, restaurants, parks and everyday amenities are all close by, making the location just as appealing as the property itself. It’s an investment that has been cared for and improved over time, with a layout that allows each unit to truly feel like home. (id:66888)

Cornwall, Ontario

Welcome investors to this triplex. Main floor unit has 2 bedrooms with a spacious living, kitchen and bathroom area. Main unit has access to the basement as well. Upstairs you will find a two one bedrooms units with a living room and kitchen areas. This property has a vacant one bedroom unit upstairs. Each unit has a separate wall gas furnace. The extra large water tank is for all three units. There is separated electrical for each unit. Please allow at least 30hr for all showings. (id:66888)

Hawkesbury, Ontario

Bargain Hunters/Investors delight! Solid partially renovated 3 units building (1 is not confirmed) with large storage barn at the back, on the main street! Can be Used for commercial or Residential. The owner has done lots of renovations in the last 6 years. Sold in” as is, where is condition” Immediate possession possible. Call now! (id:66888)

Ottawa, Ontario

ATTENTION BUILDERS & INVESTORS – SHOVEL READY 9 UNIT DEVELOPMENT Vanier, Ottawa. 220 McArthur Avenue represents a rare opportunity to acquire a fully entitled, shovel ready development site in one of Ottawa’s fastest intensifying urban corridors. Ideally positioned steps from Vanier Parkway and McArthur Avenue, the site benefits from excellent transit connectivity, proximity to downtown, and strong longterm rental fundamentals. The property is offered at $1.4M as land with approvals, featuring a demolition permit issued and fully approved architectural plans for a 9 unit residential building. All utilities have been fully disconnected, allowing for an immediate and efficient start to redevelopment. Estimated Project Economics (Upon Completion) Approximate Gross Monthly Rental Income: $20,600, Approximate Gross Annual Rental Income: $247,200, Estimated Stabilized Net Operating Income (NOI): ~$181,764 Capitalization Rate Applied: 5.50% Estimated Stabilized Value: ~$3.3M. A future value appraisal has been completed by an AACI designated appraiser, with valuation conclusions based on the above stabilized income assumptions, subject to construction in accordance with the approved plans. Preliminary construction cost guidance suggests approximately $1.8M, subject to final contractor pricing, scope confirmation, and purchaser due diligence. To obtain the final release of approved plans from the City, a known and fully disclosed municipal payment of approximately $95,000 remains outstanding.The project is eligible for CMHC MLI Select financing, offering the potential for below prime interest rates and amortization periods of up to 50 years, significantly enhancing leverage, cash flow, and long term return potential, subject to CMHC and lender approval. NDA required prior to the release of architectural drawings, appraisal materials, supporting documentation, or the scheduling of site visits (id:66888)