Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Located on one of Hintonburg’s favourite streets, 32 Melrose is a two-unit property with plenty of potential in a location that continues to be a favourite with both owners and renters.Quiet, one-way Melrose feels nicely tucked away from the action, while still putting you just steps from some of the city’s best restaurants, coffee shops, specialty food stores and local favourites.The main floor unit offers one bedroom, a comfortable living space at the front of the home, a full bathroom and a kitchen at the back with laundry. The second unit is spread over two floors, with a bright living room, a small covered balcony overlooking the street, a charming bedroom and a kitchen at the back with access to the rear of the property. Upstairs, the loft adds great flexibility and could work beautifully as a primary bedroom, home office, guest space or studio.The upper unit also has one parking space, and out back there is a sweet shared outdoor area where the current tenants have created and cared for a garden.For someone looking for an owner-occupied opportunity, there is real potential here to renovate, add value over time and enjoy one of Ottawa’s most loved neighbourhoods while doing it. Savvy investors will appreciate the R4 zoning on this great street. The property will require fairly significant updating, but with this location, lifestyle and versatility, 32 Melrose is absolutely worth a closer look. (id:66888)

Ottawa, Ontario

The Ultimate Income-Generator & Modern Masterpiece! Welcome to a rare turnkey opportunity in one of the city’s most sought-after neighbourhoods. Whether you are an investor looking for a high-yield property or a homeowner seeking a “mortgage helper” that doesn’t feel like a basement, this beautifully renovated bungalow delivers on every front. The sun-drenched & sophisticated upper level features a sleek, modern aesthetic with high-end finishes and an open-concept layout. Large windows flood the space with natural light, highlighting the premium flooring and contemporary kitchen. This apartment offers 3 spacious bedrooms, a full modern bath and a 3 piece ensuite bath. Bonus: A fantastic,reliable tenant is already in place, providing immediate cash flow from day one. The lower level is a Legal, Luxury Secondary Suite. This isn’t your average basement apartment. Fully legal, this bright 3-bedroom, 2 bath unit mirrors the quality of the upstairs. Currently vacant-perfect for a multi-generational family, or set your own “top dollar” market rent. Features a modern kitchen, egress windows for safety and light, and premium finishes throughout. Enjoy a massive rear deck perfect for summer BBQs, overlooking a fully fenced, private yard. Includes a sturdy shed for all your seasonal gear. No more juggling cars-the oversized driveway comfortably accommodates 4 vehicles. Situated in a quiet, family-friendly pocket where everything is at your doorstep. Steps from scenic parks, hiking trails, and the local arena. Minutes to top-rated schools,major shopping centres, and public transit for an easy commute. Properties with this level of finish and “Legal Suite” status are rare. With the upper tenant settled and the lower unit ready for occupancy, the math simply works. 24 hours notice for showings. (id:66888)

Cornwall, Ontario

Excellent Fourplex Investment Opportunity – 10%+ Cap Rate! Located just 500m from St. Lawrence College, this well-located fourplex offers an excellent opportunity for investors looking to add a multi-residential property to their portfolio. The property is also approximately 900m from a grocery store and other amenities, with the nearest bus stop just 200m away. Each of the four units features 2 bedrooms and 1 bathroom, providing a practical and desirable layout for tenants. Each tenant has the right to one parking space located in front of the building. Current monthly rents: 207: $1,350/month – tenant pays own electricity, 207A: $1,750/month – landlord pays utilities, 207B: $1,250/month, 207C: $1,250.73/month. The property currently generates approximately $67,208.78 in total annual rental income, with estimated annual operating expenses of approximately $14,686.55, resulting in an estimated net operating income of $52,522.23. Based on the current income and expenses, the property offers a cap rate of over 10%, making this an attractive income-producing opportunity for investors. The property currently has a gas furnace serving both upper-level units, while the two main-level units have been converted to electric baseboard heating, allowing the tenants in those units to be responsible for their own electricity consumption. With four 2-bedroom units, dedicated parking, convenient access to public transportation, nearby amenities, and its close proximity to St. Lawrence College, this property presents an opportunity for both experienced and first-time investors. As per form 244 offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice. (id:66888)

Pembroke, Ontario

Investment opportunity in the heart of Pembroke’s East End! This up-and-down duplex offers approximately ~2,387 sq. ft. above grade, with an approximate ~1,200 sq. ft main-floor unit and an approximate ~1,187 sq. ft. upper unit. Each spacious unit features two bedrooms, hardwood floors and its own fireplace. Both currently rent for $1,600 per month, generating $38,400 in gross annual rental income. Tenants pay their own separately metered hydro. Updates completed in 2024 include a roof, vinyl windows on the lower half of the home, bedroom flooring. Set on a small, very low-maintenance lot with two rear parking spaces. Basement storage provides potential space for future coin-operated laundry, offering an opportunity to generate additional income! A luxury six-unit residential building is being constructed next door, adding to the area’s ongoing investment and development. Walk to Algonquin College, Metro, Circle K, restaurants and McDonald’s, with schools, parks, Pembroke Regional Hospital and a police station nearby! A solid addition to any investment portfolio! (id:66888)

Ottawa, Ontario

Excellent Investment Opportunity Single Commercial Unit Long Term barbershop tenant, and 3 Residential Units: Apt # 1, 2 bedroom with large rooftop deck, Apt # 2 is a 1 bedroom with rooftop deck, and Apt # 3 is a 3 bedroom main level apartment with a family room and storage in the lower level . Total Gross Annual Income $109,000. (id:66888)

Ottawa, Ontario

RECENTLY RENOVATED TRIPLEX THROUGHOUT..THREE TWO BEDROOMS UNIT..WITH OWN PRIVATE ENTRANCES..RENTED..MOVING CONDITION..EACH UNIT RENT IN THE TWO THOUSAND DOLLARS RANGE PLUS AND ..ALL TENANTS TO PAY THEIR OWN HEAT AND HYDRO..GREAT BACKYARD COULD HAVE A MINI COACH HOUSE.. (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)

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 $4,044. The building offers approximately 2,048 sq. ft. of interior living space, excluding the 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 approximate. (id:66888)

Ottawa, Ontario

Exceptional Investment & Redevelopment Opportunity – TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property’s Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you’re seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa’s established and evolving urban neighbourhoods. (id:66888)

Ottawa, Ontario

Welcome to 175 Carillon Street, a clean, well-kept legal duplex on a quiet street in Vanier, one of Ottawa’s most centrally located and walkable neighbourhoods, just minutes from the core. The main unit offers three bedrooms and a full bathroom, and the lower unit adds two more bedrooms and a second full bathroom; a versatile setup whether you are looking for a turn-key investment, a multi-generational home, or a way to offset carrying costs by renting out one level. The flexibility here is real and the numbers make sense. Hardwood runs through the living, dining, and bedroom areas of both units, with tile and linoleum are in the kitchens and bathrooms; not a square foot of carpet anywhere. Both kitchens are original but functional and well laid out, with solid cabinet and counter space throughout. The living areas in each unit are spacious, and the bedrooms are a good size on both floors. Some windows have been replaced. Outside, the large backyard is a genuine asset w an enclosed gazebo and a storage shed that make it a practical and enjoyable space year-round. Don’t forget the covered carport w a private driveway with room for at least four vehicles! Parking will never be a concern! Loblaws on McArthur Avenue is minutes away, along with a full stretch of restaurants, services, and shops along Montreal Road including an LCBO and Shoppers Drug Mart. Beechwood Village, Richelieu Park, and the Rideau River trails are all close by, and the Rideau Sports Centre (home to tennis, pickleball, padel, and fitness facilities) is just up the road. Multiple OC Transpo routes serve the area directly, and downtown Ottawa, the Byward Market, and the Rideau Centre are all within easy reach. Vanier’s walkability, multicultural energy, and proximity to the core make it a neighbourhood that continues to attract buyers who do their homework. A solid duplex in a location that works on multiple levels. *Some photos are virtually staged* (id:66888)

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:66888)

Pembroke, Ontario

Offering outstanding flexibility, this commercially mixed-zoned property presents a variety of potential uses, including a professional office, triplex conversion, single-family residence with a secondary dwelling, or an income-producing investment, subject to municipal approvals where required. Situated in a central Pembroke location surrounded by professional offices, medical services, financial institutions, and established businesses, the property benefits from excellent accessibility and long-term investment potential. The building currently features two self-contained units, including a spacious four-bedroom plus den main unit with two full bathrooms and an attached one-bedroom apartment. Whether you’re looking to operate your business, generate rental income, accommodate extended family, or redevelop to maximize the property’s potential, this property offers exceptional versatility. Recent updates include new flooring, fresh paint, and a new furnace (2025). Additional features include an attached 1.5-car garage, paved parking, and a durable metal roof, providing functional space with low-maintenance ownership. Commercial mixed zoning combined with multiple potential uses makes this a rare opportunity for investors, business owners, developers, and owner-occupiers alike. Operating expenses are available upon request. (id:66888)