Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Rare Investment Opportunity: Luxurious Purpose-Built 4-Plex. Discover the perfect addition to your real estate portfolio or your new owner-occupied home with this stunning purpose-built 4-plex. Boasting a gross income of nearly $120,000 per year and less than three years old, this property promises minimal maintenance and no significant capital expenses for years to come. Each unit features premium finishes, including quartz countertops, offering a modern, luxurious living experience. The property includes a spacious upper unit featuring 3 bedrooms and a garage, while the lower unit offers 2 bedrooms with the added comfort of in-floor heating. Located just a short commute to downtown, this property offers an attractive lifestyle for tenants and owner-occupiers alike. This property is not only a strong income generator but also a savvy long-term investment. With luxury townhouses slated for development on the adjacent corner, the area is poised for even greater growth and demand. Each side of the building has separate street services, meaning the property could be severed in the future for increased value and flexibility. This purpose-built 4-plex is a rare find, combining modern construction, significant rental income, and endless potential for future value. Don’t miss this opportunity to own a standout property in a growing and highly desirable area. Schedule your viewing today and unlock the full potential of this premium investment! (id:50982)

Ottawa, Ontario

SUPER Well maintained and TURN KEY, FIRE RETROFITTED, in Surging Gentrification Neighborhood, a few minutes from Beechwood community, 5 Unit Building, 2 semi detacheds, Legal 4 plex with accessory apartment, many upgrades (see attachment) ,327 has three 2 bedroom apts and 329 has one 2 bedroom and one large 3 bedroom on 2 levels, (main and basement). Basement of this unit has the potential of converting into a bachelor or studio for increased income. Buyer to verify feasiblity, 4 car garage/ carport in backyard. Front and back access to the building, back has very convenient and nice closed in staircase for extra storage (2016),and gives access to all apartments and common area, repaved driveway(2016) gardens and landscaping recently redone. Each tenant pays for the following utilities, hydro, and HWT(rental and gas) Landlord pays for heat (except basement unit) water and hydro for commom spaces. Landlord office in basement and common area for laundry accessible to all units. Coin operated washer and dryer.Total income from rent and laundry=$84,390 (2025). Expenses=$18,617, taxes= $8,776 Insurance= $6,075, utilities (water, heating and hydro for common elements)=$3,776. Projected 2026 income (current rents)=$90,927. 24hr notice for all showings. ONLY 1 UNIT AVAILABLE FOR SHOWINGS (329 #2) UNTIL THERE IS AN ACCEPTED OFFER.Over 84K in improvements, see attached. Long term tenants in 2 units, potential for significantly improved rents. Close to amenities, shopping restaurants, transit, minutes to downtown Ottawa. 24hr notice for all showings. (id:50982)

Ottawa, Ontario

In the heart of the ByWard Market, steps to Lowertown, this thoughtfully renovated, detached zoned triplex offers a unique balance of city living on a quiet tree-lined street. Steps from the vibrant ByWard Market, this property delivers unmatched location, character & strong income potential. Approximately 2,200 sq ft of well-designed living space, the property is currently configured as two spacious primary units w/ separate hydro meters, plus 2 additional self-contained studio suites-offering exceptional flexibility for investors, multi-generational living, or lifestyle buyers. Three units are currently vacant, w/ one on month-to-month tenancy (tenant willing to stay or vacate), providing immediate opportunity to set market rents, select tenants, or reposition for maximum yield. Bonus studio spaces offer strong potential for rental income, guest suites, home office use, or Airbnb. The main floor retains much of its original warmth & character, featuring original refinished hardwood flooring, cozy gas fireplace, classic clawfoot tub & large kitchen.The upper two-level 3+ den b/r unit features a spacious kitchen w/exposed beams, renovated bathrooms & strong architectural appeal. The upper studio offers a wood-burning fireplace, exposed beams, loft space, two Juliet balconies, vaulted ceilings & skylight creating a bright, open & creative environment. Extensive updates include electrical (ESA certified), plumbing (2016), roof (2017), siding w/ added insulation, furnace/water heater (2019), renovated baths & other interior improvements.Outdoor living enhanced by a private rear flagstone patio ideal for BBQs & entertaining. Rare 2 or 3 parking spaces & storage. Ideally located w/i walking distance to a park w/wading pool & tennis courts, green space, Ottawa River, Ottawa Art Gallery, embassies, DFAIT, Parliament Hill, University of Ottawa & Rideau Centre.A rare opportunity in one of Ottawa’s most desirable & consistently performing rental markets. 24 hrs irrevocable (id:50982)

Ottawa, Ontario

Rare offering! Legal semi-detached (side-by-side) property with both units under one ownership, ideally located in the heart of historic and charming Metcalfe. Zoned V1I, VM, this versatile property presents a wide range of opportunities for homeowners, investors, and entrepreneurs alike. Perfect for a large or multi-generational family, this property also offers excellent income potential. Live in one unit and rent the other, or lease both for a strong investment return. The flexible zoning allows for residential, commercial, or mixed-use applications-ideal for those looking to combine living and business in one location. Permitted uses include residential living with secondary units, home-based businesses, bed & breakfast, and more. Commercial possibilities include retail, office space, café or restaurant, personal services, or a mixed-use configuration. Prime location close to local amenities, shops, and the charm that makes Metcalfe one of Eastern Ontario’s most desirable communities. A unique property with exceptional flexibility and upside, don’t miss this opportunity. (id:50982)

Ottawa, Ontario

Purpose-built FOURPLEX on a 66′ x 99′ lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units – two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers. (id:50982)

Ottawa, Ontario

Cap Rate = 5.6%. Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms and kitchens w quartz countertops, new flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars in adjacent lot, also for sale separately or combined. (See MLS: 13010148) Rent roll for all 6 units available. Recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, vet clinics, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity. (id:50982)

Ottawa, Ontario

Welcome to 375 St-Denis, a well-maintained triplex in Ottawa’s east end, offering a strong opportunity for investors looking to acquire a multi-unit property with solid fundamentals. This fully tenanted building features three self-contained units generating approximately $58,000 in gross annual income. Unit A is a 2-bedroom, 1-bath basement apartment with long-term tenants. Unit B is a spacious 2-bedroom plus den, 1-bath unit with recent renovations. Unit C is a bright 2-bedroom, 1-bath unit featuring a recently updated large kitchen, in-unit washer and dryer, and access to a large exterior deck. The property has been consistently maintained and offers a straightforward layout that is easy to manage. With a mix of updated features and functional unit configurations, it appeals to a broad tenant base. Located close to public transit, schools, parks, and everyday amenities, the area continues to support steady rental demand. An excellent addition to any portfolio, with potential for further optimization over time. (id:50982)

Ottawa, Ontario

Turnkey triplex investment opportunity in desirable Britannia Heights with a strong tenant profile and over 40 years of pride of ownership. The property features two spacious 3-bedroom units and one 2-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, including one fully renovated unit in 2024 with dishwasher.Tenants are reliable and pay on time, with separately metered hydro paid by tenants. Recent capital improvements include two gas forced-air furnaces (2012 & 2026) and three owned electric hot water tanks (2013, 2023, 2024).Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income (id:50982)

Ottawa, Ontario

Discover the perfect opportunity to own a solid, income-generating duplex in the heart of Hintonburg and Tunney’s Pasture at an accessible entry point into one of Ottawa’s most vibrant and high-demand communities. This charming 1922-built duplex at 56 Smirle Ave offers immediate cash flow potential while allowing you to live in or easily show the bright, vacant main-level unit, while the second-floor unit is currently tenanted to help offset your carrying costs right from day one. Recent major upgrades include a complete rewiring of the entire electrical system in 2026 with a brand-new panel and two separate electrical meters, ensuring modern safety and easy separation of utilities, alongside a roof replaced in 2014 and maintained in 2020, a yearly serviced furnace, and shared laundry facilities in the basement. Complemented by a detached garage and private driveway, the property is nestled in a sought-after area known for its trendy shops, artisanal cafés, beautiful parks, and proximity to Tunney’s Pasture station. With reasonable property taxes, this duplex represents excellent value for investors or first-time homeowners looking for long-term appreciation in a location where demand consistently outpaces supply, making it a rare chance to secure a piece of this dynamic community. 24 hours irrevocable on all offers. Some photos are digitally enhanced. (id:50982)

Ottawa, Ontario

Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.1% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you’ve been waiting for! Financials Available (id:50982)

Ottawa, Ontario

Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.1% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2 Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you’ve been waiting for! Financials Available (id:50982)

The Nation, Ontario

Well-maintained all-brick duplex located in the heart of St-Isidore, offering a strong opportunity for investors or buyers looking to live in one unit while generating rental income from the other. This versatile property features two spacious 2-bedroom units, each with functional layouts, large bedrooms, and oversized windows that fill the space with natural light. One unit is currently tenanted by long-term occupants who would love to stay, providing immediate income, while the second unit is vacant and ready for occupancy-ideal for an owner-occupant or for setting market rent. Both units offer separate front entrances, along with a shared rear exit leading directly to the parking area. Each unit also has its own hydro meter and is equipped with A/C for added comfort. Unit B (vacant) was fully renovated in 2012 and features quality finishes throughout, including stainless steel appliances, granite countertops in both the kitchen and bathroom, pot lights, a walk-in shower, and a gas fireplace. This unit also benefits from exclusive use of the large detached garage. The property offers ample parking and a shared storage space at the rear of the building. Roof updated approximately 12 years ago. Zoned Village Core, allowing for a variety of potential uses.A rare opportunity to own a flexible, income-generating property in a prime central location. (id:50982)