Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Imagine owning a classic Glebe home and transforming it into the home you’ve always dreamed of. 86 Fourth Avenue presents a rare opportunity to purchase a timeless red brick property in one of Ottawa’s most sought-after neighbourhoods while enjoying the flexibility of its current duplex configuration. Occupy either the main floor or upper suite and continue renting the other to help offset your mortgage, renovate one level at a time at your own pace, or transform the property into the extraordinary single-family residence you’ve always envisioned. Conceptual architectural floor plans have already been prepared, providing inspiration for a stunning four-bedroom family home while still giving you the freedom to personalize every detail and create a home that is uniquely your own. Rich in character and timeless architectural appeal, this classic residence showcases original hardwood flooring, beautiful wood trim, generous room proportions, inviting covered porches, a detached garage, an expansive driveway, and two separately metered hydro services. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, boutique shopping, cafés, award-winning restaurants, the Lansdowne Farmers’ Market, excellent schools, parks, and countless year-round community events, you’ll experience one of Ottawa’s most walkable, vibrant, and cherished neighbourhoods where everything you need is just moments from your front door. Whether you choose to enjoy the home in its current configuration, thoughtfully renovate over time, or create your forever home from the ground up, 86 Fourth Avenue offers a truly unique opportunity to establish yourself in the Glebe while creating a home that can be enjoyed by your family for generations to come. (id:50982)

Ottawa, Ontario

Here’s your chance to own a purpose built duplex (zoned R2N duplex with a secondary 3rd unit) in the heart of Orleans located on a quiet family friendly street close to wonderful schools, parks, public transit and walking distance to shopping (Innes Smart Centres). Each self contained apartment is fully tenanted and features two bedrooms as well as a deck or patio area which looks onto the spacious fully fenced rear yard. Two of the units have their own private garage spaces as well as lots of additional parking in the driveway. Ideal for investors who want to live in one unit and have the rental income cover their mortgage or simply a great rental property to add to your investment portfolio. This property has a lot to offer and is in superb condition. (id:50982)

Ottawa, Ontario

Discover one of Ottawa’s most extraordinary multi-unit properties. This luxury 11,000 sq. ft. 3 unit villa, masterfully built by Bellagio, is a rare asset poised to benefit from the transformative new CM1 Minor Corridor zoning. This is a fully completed, meticulously maintained masterpiece ready for immediate occupancy or investment. The CM1 zoning unlocks exceptional flexibility for luxury executive rentals, boutique offices, medical clinics, institutional use, or mixed-use redevelopment. Offered well below today’s replacement cost, it provides unmatched versatility. The property consists of three massive luxury residences, plus a fire-rated lower level roughed-in for a future fourth unit, creating immediate investor upside. Each expansive open-concept residence features three- to four-bedroom layouts, 2.5 bathrooms, soaring 9-foot ceilings, 8-foot solid-core doors, and floor-to-ceiling windows. High-end finishes include engineered hardwood, Italian porcelain, and custom chef-inspired kitchens with quartz waterfall islands. The owner-occupied primary unit remains in pristine, never-tenanted condition. Every residence operates completely independently with its own electrical panel, high-efficiency furnace, HRV, tankless water heater, central A/C, and in-suite laundry. Built for elevated living, the property features a floating staircase engineered for a future elevator, a heated double garage, and ample storage. The crown jewel is the expansive rooftop terrace, prepped for an outdoor kitchen, hot tub, and shower, offering spectacular panoramic city skyline views. Perfectly positioned near the University of Ottawa, Rideau Sports Centre, Sandy Hill footbridge, downtown, hospitals, and transit. Whether you are an investor, developer, professional organization, or seeking an elite multi-generational estate, this landmark property delivers an exceptionally rare opportunity combining irreplaceable scale, unparalleled luxury, and limitless future potential. Book today! (id:50982)

Ottawa, Ontario

5.6% CAP RATE! Exceptional investment opportunity – 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5.6%. (id:50982)

Hawkesbury, Ontario

Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45,636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you’re looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours’ notice is required for all showings. (id:50982)

Ottawa, Ontario

Rare investment opportunity in the heart of Ottawa’s prestigious Golden Triangle! This classic red-brick duplex offers the perfect blend of historic charm, modern updates, and urban convenience, making it a standout addition to any real estate portfolio. This property is ideal for multi-generational living, a high-yield rental investment, or an ideal live-rent setup.The property features a versatile layout with 5 spacious bedrooms, 3 full bathrooms, and independent laundry facilities. Inside, you’ll find soaring ceilings, original hardwood flooring, and large windows that flood the units with natural light. Both units provide comfortable, self-contained living spaces that cater to the high rental demand from professionals and students alike. Location is everything, and this address delivers. You are just steps away from the scenic Rideau Canal, the trendy boutiques and eateries of Elgin Street, and a short walk to the University of Ottawa and Parliament Hill. With private outdoor space and unbeatable transit access, this turnkey duplex represents a rare chance to own in one of the city’s most stable and prestigious residential pockets. (id:50982)

Brockville, Ontario

Incredible Opportunity to develop an iconic landmark in downtown Brockville. MD Zoning allows for a variety of purposes including both Office and Residential. Seller may consider a new first mortgage to qualified Buyer! (id:50982)

Ottawa, Ontario

Welcome to 1197 Maitland, a well-maintained legal duplex that has been lovingly cared for by the same family for many years. Pride of ownership is evident throughout, with numerous upgrades completed over time.The move-in-ready ground-floor apartment offers the perfect opportunity for an owner-occupant, while the upper apartment and basement apartment provide excellent rental income potential. Each unit features separate hydro meters and its own laundry, offering added convenience and privacy for tenants.Whether you’re looking to live in one unit while generating rental income or expand your investment portfolio, this versatile property presents an exceptional opportunity. (id:50982)

Ottawa, Ontario

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa’s most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer’s report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don’t miss out on this prime investment opportunity. (id:50982)

Ottawa, Ontario

Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you’re an experienced investor or looking to add a quality income property to your portfolio, 734 De L’Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood. (id:50982)

Ottawa, Ontario

Built in 2004, 3 Hilda Street is a purpose-built triplex offering a rare opportunity to own a newer, low-maintenance income property in one of Ottawa’s most convenient central locations. Just steps to public transit, Bayview Station, shopping, restaurants, parks, schools, and minutes to downtown, this property offers the accessibility and convenience today’s tenants are looking for.The building features three spacious two-bedroom apartments, each with bright, functional layouts, modern appliances, and the convenience of in-suite laundry with a dedicated washer and dryer. The two upper apartments also have a den/third bedroom. Every unit is independently serviced with its own forced-air furnace and rented hot water tank, providing simplified management and helping reduce landlord operating costs.Two units are currently leased for $2,178/month and $1,912/month, while the vacant basement apartment provides immediate flexibility to secure a new tenant at market rent or move in yourself. This creates an excellent opportunity for an owner-occupier to offset their mortgage with rental income and potentially purchase with as little as 5% down (subject to lender qualification).Purpose-built construction and modern mechanical systems mean lower maintenance requirements and fewer capital expenses than many older multi-unit properties. Whether you’re an investor looking to expand your portfolio or a buyer seeking a smart house-hacking opportunity, 3 Hilda Street delivers the ideal combination of strong income, modern construction, exceptional location, and long-term investment potential. See attachments for permit and compliance report for third unit. (id:50982)

Mississippi Mills, Ontario

CASH FLOWING 4 PLEX This well-maintained 4-unit multiplex offering strong, stable income with a 6.3% cap rate. Each unit features a functional one-bedroom layout, appealing to reliable long-term tenants, and the property is fully leased, providing immediate cash flow. Ample parking includes five spaces-one dedicated per unit plus a convenient guest spot.Ideally positioned, the property boasts scenic views of the Almonte Fairgrounds and the nearby river, adding to its tenant appeal and long-term desirability. The setting combines small-town charm with walkable access to local amenities, making it an attractive rental location.This is a turnkey investment opportunity with consistent performance, low vacancy risk, and future upside potential. Perfect for investors seeking a manageable multi-unit property in a desirable and growing community. (id:50982)