Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

A three-car oversized garage of approx 1,300 square feet is a rare find in Vanier, and it’s the standout feature of 253 Frechette Street. With room for vehicles, equipment, inventory, or a workshop, it’s an ideal setup for a home-based business, with possible commercial use adding even more flexibility. Above and beyond the garage, this three-unit building offers three separate, self-contained units in one of Vanier’s most vibrant and fast-evolving neighbourhoods. Whether you’re an investor seeking immediate rental income, an owner-occupier looking to offset your mortgage, or a builder eyeing development potential, this property delivers options. You’re within easy reach of shops, restaurants, transit, and everyday amenities on Beechwood Avenue, where the village is booming, all in a community that keeps growing in demand and character. Solid space, real flexibility, and genuine upside: this is an investment property with room to grow. (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 units, one with 2 bedrooms 1 bathroom and the other with 3 bedrooms and 1 bathroom each offering a spacious living space and a functional kitchen. Situated on a oversized 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)

Ottawa, Ontario

EXCEPTIONAL VISIBILITY. FLEXIBLE POTENTIAL. PRIME DOWNTOWN LOCATION. Positioned on a prominent corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & unique opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:66888)

Ottawa, Ontario

EXCEPTIONAL VISIBILITY. FLEXIBLE POTENTIAL. PRIME DOWNTOWN LOCATION. Positioned on a prominent corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & unique opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:66888)

Ottawa, Ontario

70 Russell Avenue | Built in 2018, this purpose-built four-unit residential investment property generates $224,625 in annual gross rental income with a NOI of $154,775.77. Located in Ottawa’s Sandy Hill neighbourhood, the property offers four fully leased apartments: Unit 1: 5 bed, $4,500/month; Unit 2: 5 bed, $4,152/month; Unit 3: 5 bed, $4,216.75/month; Unit 4: 6 bed, $5,850/month. All units are currently leased, with fixed terms extending into 2027. The reported NOI is supported by a comprehensive operating expense statement, including recurring property management, maintenance and operating costs. Each apartment is independently configured on its respective level, extending from the front to the rear of the building, and features two full bathrooms, contemporary kitchens, durable flooring, large windows and in-suite laundry. At an asking price reflecting approximately a 6% capitalization rate, this property presents an attractive opportunity to acquire a modern, established income-producing asset. Unlike many of Sandy Hill’s older converted rental properties, 70 Russell was purpose-built in 2018 with modern construction, thoughtfully designed interiors and spacious, functional layouts suited for student accommodations. Ideally situated in the heart of Sandy Hill, 70 Russell Avenue is within walking distance of the University of Ottawa, downtown Ottawa, the ByWard Market, public transit, restaurants and everyday amenities. This prime location, combined with the area’s strong student rental demand, makes the property a compelling long-term investment opportunity. (id:66888)

Ottawa, Ontario

This Completely Updated 6 unit apartment building which enjoys premium rental location, is just minutes to downtown, steps to the cafes/restaurants along Beechwood Avenue, steps to shopping, surrounded by parks, and minutes to the Rideau River and Ottawa River. The apartments are charming, spacious and bright and are in excellent condition with modern kitchens, all with dishwashers, and attractive modern bathrooms. Lovely flooring throughout. There are three – 3 bedroom apartments and three – 2 bedroom apartments. The roof is just three years old (redone in 2023) and the windows are modern pvc windows.There are four parking spaces and coin operated laundry is located in the building. This is an impeccable low maintenance and beautifully updated building, which enjoys excellent rental location with very desirable 2 and 3 bedroom apartments and is the ideal investment property. The Annual Gross Revenue is $141,348.00. The Annual Expenses are $27,4988. The Net Income is $113,860.00 per year. Rent Roll and Financial Statement available upon request. 48 hour notice required for all showings. (id:66888)

Ottawa, Ontario

Situated in the heart of sought-after Old Ottawa South, this classic 3-storey brick triplex offers an exceptional investment opportunity with 3 self-contained residential units and strong income potential. Ideally located within walking distance to shops, restaurants, parks, public transit, and Carleton University, this well-maintained property combines character, functionality, and convenience in one of Ottawa’s most desirable neighbourhoods. The main floor apartment features 2 bedrooms and 1 bathroom and is currently rented for $1,750/month + hydro. This unit offers updated flooring and kitchen, inside and rear access, as well as in-unit laundry with washer and dryer. The second floor apartment spans the second and third levels and is currently rented for $2,350/month + hydro. Offering 3 bedrooms, this spacious unit features a large living room with balcony access, updated 4-piece bathroom, laminate flooring, and a functional kitchen with in-unit laundry. The basement apartment offers excellent additional income potential with a projected market rent of approximately $1,500/month + hydro. This self-contained 1-bedroom unit includes an updated bathroom, renovated kitchen with eating area, living room, and in-unit laundry. A rare opportunity to own a versatile multi-unit property in a prime urban location with easy access to downtown, Lansdowne, Rideau Canal pathways, and everyday amenities. Some photos virtually staged. 24 hours notice, 24 hours irrevocable. (id:66888)

Lanark Highlands, Ontario

Historic Charm Meets Modern Opportunity in Lanark Village Discover a unique investment or lifestyle opportunity in the heart of Lanark Village! This recently renovated duplex beautifully blends historic character with modern updates, offering versatility for investors, owner-occupants, or entrepreneurs looking to make the most of a distinctive property. The building features two separate units: a one-bedroom, one-bathroom unit on the ground floor and a spacious two-bedroom, one-and-a-half-bathroom unit on the upper 2 floors. Each unit has its own meter and heating/ventilating/air conditioning system, providing added independence and convenience. The potential to develop a third unit offers a variety of exciting possibilities for future expansion and increased income potential subject to municipal approval. Zoning also permits business use in one unit, provided the owner occupies the other, creating an excellent opportunity for a live-work arrangement. Whether you’re looking to live in one unit while renting out the other, expand your investment portfolio, establish a home-based business, or explore the potential for a third unit, this property offers plenty of options to suit your vision. Heating features include in-floor radiant heating on the main floor and forced-air propane heating in the second unit. Upgraded plumbing, electrical and septic. A rare combination of historic charm, modern comfort, and future potential, all in the welcoming community of Lanark Village. Don’t miss your opportunity to make this versatile property your own! (id:66888)

Hawkesbury, Ontario

ATTENTION INVESTORS! MODERN SEMI-DETACHED DUPLEX BUILT IN 2000, walking distance to all amenities. Featuring an open-concept design, 2 bedrooms in each apartment. Each unit has its own natural gas fireplace, separate hydro & gas meters, washer/dryer connection, and plenty of parking spaces. Apt. 613-1: rented at $672/month, as a monthly tenant, heating & hydro extra,; Appt 613-2: rented at $1,400/month as a monthly tenant, heating & hydro extra. Asphalt shingle roof redone in 2017. Possession date must be in 2027. Note: Seller can’t give vacant possession of the main floor unit. Property is sold in “AS IS”, ‘WHERE IS” CONDITION. (id:66888)

Ottawa, Ontario

Ideally situated in Ottawa’s prestigious Golden Triangle, just steps from the Rideau Canal and the city’s best dining and downtown living, this charming century home offers a rare opportunity to combine lifestyle and investment potential. Featuring three self-contained units, this versatile property is ideal for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others. The upper unit offers a bright, spacious one-bedroom, two-bathroom layout with an inviting living and dining area, hardwood flooring under the carpeting, and a functional galley kitchen overlooking the backyard and a private composite deck extends the living space outdoors. But what really makes this unit special is upstairs. An open-concept primary retreat featuring skylights, an updated ensuite bathroom, and an abundance of built-in cabinetry and storage. A unique space that feels like your own private escape in the heart of the city. The middle unit offers a comfortable living and dining area, a bedroom, and a standout great room with soaring vaulted ceilings and plenty of natural light. A private composite deck provides bonus outdoor living space. The freshly updated studio apartment completes the property with an updated kitchen and bathroom, in-suite laundry, and a bright, functional living area. Outside, enjoy a private backyard, an updated shed with electricity, and parking for two vehicles at the front, with additional parking possibilities along the laneway. Lovingly maintained over the years, this distinctive property offers flexibility, character, and exciting potential in an excellent urban location. Whether you’re expanding your investment portfolio or searching for a property that offers both a place to call home and income-generating possibilities, 27 Argyle Avenue is an opportunity worth exploring. No conveyance of offers until Wednesday November 4 @ 12pm. Some photos digitally altered & virtually staged (id:66888)

Ottawa, Ontario

A newly built triplex w/modern design, functional living spaces, & strong investment potential in the heart of Vanier. 3 residences and approximately 2,250 sq. ft. of finished living space, this is an exciting opportunity for investors, multi-generational living, or an owner-occupant looking to live in one unit while generating income from the others. The spacious 2-storey main unit offers approximately 1,150 sq. ft. & features a bright, open-concept layout. The main level brings together the living room, dining area, & contemporary kitchen w/centre island, along w/convenient in-unit laundry. Upstairs, two bdrms & a full bathroom, including a generous primary bedroom. The additional units are thoughtfully designed to maximize space & functionality. One offers approximately 542 sq. ft. with an open-concept kitchen & living area, one bedroom & a full bathroom. The third residence provides approximately 558 sq. ft., featuring one bedroom, a full bathroom, an open-concept kitchen & living area, All 3 units have access to an impressive approximately 529 sq. ft. rooftop terrace, an exceptional outdoor space that adds another dimension to urban living. The contemporary exterior offers clean architectural lines, large windows & attractive combination of stone, brick, and modern siding. And then there’s the location. Centrally located in Vanier, with convenient access to some of the city’s most desirable destinations. Just minutes from Beechwood Village, with its popular cafés, restaurants, shops, grocery options, and amenities, and with New Edinburgh, Rockcliffe Park, the ByWard Market, and downtown all within easy reach. Nearby transit, cycling routes, major road connections, parks, schools, & recreation make this a convenient place to call home & an attractive location for prospective tenants who want to stay connected to the city. Modern triplex. Central location. An investment opportunity built for the future. Tarion Warranty Included. (id:66888)

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:66888)