Ottawa Multi-Family Homes For Sale

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For sale
$889,900
42 CHURCH STREET W, Smiths Falls, Ontario

42 Church Street W

Smiths Falls, Ontario

Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls’ most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property’s upscale surroundings and historic charm make it especially attractive to reliable tenants. Contact Brad Closs for more information or to arrange a viewing. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050 (id:50982)

11 Bedroom 4 Bathroom 3,500 – 5,000 ft2
For sale
$3,600,000
81 EMPIRE STREET, Welland, Ontario

81 Empire Street

Welland, Ontario

Exceptional turnkey 17-unit apartment building in Welland offered at a 5.5% cap rate with approximately $3,300,000 in assumable financing at 4.75% through June 2029. Fully renovated throughout, all suites offer modern finishes, heat pumps, and in-suite laundry, with most units featuring private balconies. A major value driver is the 5 units added around 2022, which are exempt from Ontario rent control and create outstanding future rental growth potential. Professionally managed and highly stabilized, this is a rare opportunity to acquire a low-maintenance, cash-flowing multifamily asset with built-in upside and favourable debt already in place. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

16,598 ft2
For sale
$1,300,000
41 HARTZEL ROAD, St. Catharines, Ontario

41 Hartzel Road

St. Catharines, Ontario

Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

For sale
$3,500,000
50 CENTRAL AVENUE W, Brockville, Ontario

50 Central Avenue W

Brockville, Ontario

Rare chance to acquire a 24-unit Brockville multifamily asset offering immediate scale, stable in-place cash flow, and exceptional long-term upside at a 5.0% cap rate. The property features minimal landlord utility exposure with 24 hydro meters and 24 water meters, with nearly all tenants paying their own utilities. Major capital work has already been completed, including the 2022 roof, updated boiler system with new controls, backup boiler, and renovated suites with in-suite laundry. The true story here is the remarkable 61.6% gap-to-market rents, creating a clear path to substantial NOI growth and long-term equity appreciation in a strong Brockville location just off Highway 401. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

26,932 ft2
For sale
$850,000
70 ANDERSON STREET, Ottawa, Ontario

70 Anderson Street

Ottawa, Ontario

Welcome to 70 Anderson Street – a fantastic investment opportunity in the heart of Little Italy. This handsome 2-1/2 storey red brick triplex, complete with an addition, is perfectly positioned to Preston Street and Chinatown, offering unbeatable walkability and strong rental appeal. The property features three well-laid-out units: Apt 1 – a 1-bedroom apartment, Apt 2 – a bachelor apartment, Apt 3 – a two-level spacious 2-bedroom apartment. Key updates include a new furnace (2026), kitchen and bathroom remodel in Apt 2 (2021), a kitchen and bathroom remodel in Apt 1 (2015), a rebuilt front exterior retaining wall (2024), an interlock metal roof (2013), and a reconstructed 2-storey front porch (2010). Additional conveniences include coin-operated laundry in the basement. Please note: restricted showing times with 24 hours’ notice required. A solid addition to any portfolio-don’t miss this opportunity! 24 hour irrevocable. (id:50982)

3 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$874,900
2 FOLKSTONE COURT, Ottawa, Ontario

2 Folkstone Court

Ottawa, Ontario

Welcome to 2 Folkstone Court, a well-maintained legal duplex offering exceptional flexibility for both investors and end users alike. This fully self-contained bungalow features two thoughtfully designed units, each with private living spaces and separate amenities. The main level offers a bright and functional layout with 3 spacious bedrooms, a full bathroom, dedicated laundry, and an updated kitchen that flows seamlessly into the living and dining areas. The lower level features a well-appointed 2 bedroom, 1 bathroom unit complete with its own kitchen, in-suite laundry, and a private entrance located at the rear of the home beside the carport, providing excellent separation and privacy between units. Both units have been updated and are currently tenanted, making this a turnkey investment opportunity with immediate rental income. Each unit also enjoys its own designated outdoor deck space, adding to tenant appeal and overall functionality.Ideal for investors looking to expand their portfolio or buyers seeking a live-in opportunity with supplemental income. Vacant possession will also be available, offering flexibility for future use. Located on a quiet court in a desirable Ottawa neighbourhood close to parks, schools, transit, and amenities (id:50982)

4 Bedroom 2 Bathroom 700 – 1,100 ft2
For sale
$2,249,999
73 RENFREW AVENUE, Ottawa, Ontario

73 Renfrew Avenue

Ottawa, Ontario

Discover an exceptional investment opportunity in the heart of the Glebe with this legal, fully turnkey, fully rented 5plex, essentially rebuilt from the ground up in 2017/2018. Featuring 2 spacious 2 bedroom units and 3 bright 1 bedroom units each equipped with in unit laundry. This property offers modern finishes, quality construction throughout, and strong tenant appeal. With stable long term tenants and annual rent increases already in place, the building provides reliable, steadily growing income. Ideally located just steps from shops, restaurants, parks, and the Canal, it sits in one of Ottawa’s most sought after rental markets. A rare chance to own a premium, low maintenance investment property in an unbeatable location a true value for investors seeking dependable returns and long term growth.View featured sheets for more information. 3 units will be vacant as of end of April/May 1st (currently looking for new tenants). (id:50982)

7 Bedroom 5 Bathroom 3,000 – 3,500 ft2
For sale
$899,900
546 GUY STREET, Ottawa, Ontario

546 Guy Street

Ottawa, Ontario

Welcome to 546 Guy Street. Custom built and thoughtfully designed by award-winning Colizza Bruni Architecture, this stunning 4 bedroom, 3 bathroom two-storey home offers modern living in the heart of Castle Heights. Less than 6 years old, this home showcases exceptional craftsmanship, a smart layout, and high-end finishes throughout. The main level features beautiful hardwood flooring and a bright, open-concept design ideal for both everyday living and entertaining. The chef-inspired kitchen is equipped with top-of-the-line stainless steel appliances, complemented by quality cabinetry and functional workspace. A spacious living and dining area creates a warm and inviting atmosphere. Upstairs, you’ll find generously sized bedrooms designed for comfort and practicality, making this home ideal for growing families. A standout feature is the thoughtfully designed lower level, offering a separate entrance to a self-contained 1 bedroom, 1 bathroom suite. This property is a legal duplex, providing excellent potential for multigenerational living, rental income, or added flexibility. Located in the established and evolving Castle Heights neighborhood, the area offers a mix of character homes and newer infill developments, attracting families, first-time buyers, and investors alike. Enjoy close proximity to parks, schools, shopping, and everyday amenities, including the St. Laurent Shopping Centre, grocery stores, and convenient transit options. The neighborhood is known for its welcoming, multicultural community and practical lifestyle appeal. An excellent opportunity to own a newer, custom-built home in a central location. Also available: 548 Guy Street, which can be purchased together for added investment or multigenerational potential. (id:50982)

5 Bedroom 4 Bathroom 1,500 – 2,000 ft2
For sale
$2,099,000
255 PRESLAND ROAD, Ottawa, Ontario

255 Presland Road

Ottawa, Ontario

An exceptional opportunity to secure a custom-built fourplex in the heart of Overbrook-perfect for investors looking to expand their portfolio or families seeking a versatile multi-generational living solution. Configured as a triplex with a legal non-conforming fourth unit, this well-designed property offers a total of 13 bedrooms and 8 bathrooms, providing strong income potential and flexible living arrangements. Each unit is thoughtfully designed with functional layouts, in-unit laundry, and modern conveniences including stainless steel appliances and dishwashers. The property includes on-site parking with additional street options available, making it attractive for tenants and owners alike. For investors, this is a rare chance to acquire a high-demand rental asset in a rapidly evolving neighborhood with growing appeal and long-term upside. The multiple units allow for diversified income streams and stable occupancy in a location that continues to see increased interest. For end-users, this property is ideal for multi-generational living-offering the ability to live together while maintaining privacy and independence across separate units. Whether accommodating extended family or offsetting your mortgage with rental income, the flexibility here is unmatched. Situated in beautiful Overbrook, residents enjoy a quiet, community-oriented neighborhood just minutes from Ottawa’s urban core. Walking distance to the St. Laurent Shopping Centre, LRT, grocery stores, restaurants, parks, and schools ensures everyday convenience. Downtown Ottawa, the ByWard Market, and Sandy Hill are all just a short drive away. Overbrook combines suburban comfort with unbeatable proximity, making it one of the city’s best-kept secrets now gaining well-deserved attention. Don’t miss your chance to own a turnkey fourplex in a prime location-an ideal blend of lifestyle and investment potential. (id:50982)

13 Bedroom 8 Bathroom 3,500 – 5,000 ft2
For sale
$899,900
548 GUY STREET, Ottawa, Ontario

548 Guy Street

Ottawa, Ontario

Welcome to 548 Guy Street. Custom built and thoughtfully designed by award-winning Colizza Bruni Architecture, this stunning 4 bedroom, 3 bathroom two-storey home offers modern living in the heart of Castle Heights. Less than 6 years old, this home showcases exceptional craftsmanship, a smart layout, and high-end finishes throughout. The main level features beautiful hardwood flooring and a bright, open-concept design ideal for both everyday living and entertaining. The chef-inspired kitchen is equipped with top-of-the-line stainless steel appliances, complemented by quality cabinetry and functional workspace. A spacious living and dining area creates a warm and inviting atmosphere. Upstairs, you’ll find generously sized bedrooms designed for comfort and practicality, making this home ideal for growing families. A standout feature is the thoughtfully designed lower level, offering a separate entrance to a self-contained 1 bedroom, 1 bathroom suite. This property is a legal duplex, providing excellent potential for multigenerational living, rental income, or added flexibility. Located in the established and evolving Castle Heights neighborhood, the area offers a mix of character homes and newer infill developments, attracting families, first-time buyers, and investors alike. Enjoy close proximity to parks, schools, shopping, and everyday amenities, including the St. Laurent Shopping Centre, grocery stores, and convenient transit options. The neighborhood is known for its welcoming, multicultural community and practical lifestyle appeal. An excellent opportunity to own a newer, custom-built home in a central location. Also available: 546 Guy Street, which can be purchased together for added investment or multigenerational potential. (id:50982)

5 Bedroom 4 Bathroom 1,500 – 2,000 ft2
For sale
$709,900
1077 BRONZE AVENUE, Clarence-Rockland, Ontario

1077 Bronze Avenue

Clarence-Rockland, Ontario

*FULL HST REBATE INCLUDED IN LISTING PRICE*. Welcome to Canmore, the perfect bungalow that can generate extra income with a full legal secondary unit.You will love the bright and open-concept floor plan that flows seamlessly. Cozy up in your inviting living room and prepare wonderful meals in your spacious kitchen. The side counter space is perfect to sit and relax with your coffee or a glass of wine! Retreat in your primary suite complete with a walk-in closet. The 3-piece bathroom conveniently comes with a linen closet for extra storage.The secondary unit with a private entrance is perfect for your guests or as an income suite, boasting a large kitchen with an island and a walk-in pantry, 2 bedrooms, a laundry room, and a spacious living room area. You will love everything about your new home and the thriving community of Rockland. *** This model is to be built. (id:50982)

5 Bedroom 2 Bathroom 1,100 – 1,500 ft2
For sale
$2,280,000
234, 236 WOODROFFE AVENUE, Ottawa, Ontario

234, 236 Woodroffe Avenue

Ottawa, Ontario

Rare 2024 Purpose-Built Real Estate Portfolio – 5.3% Cap Rate. Maximize your investment with this turnkey, low-maintenance asset in the heart of Carlingwood. Built in 2024, this modern complex consists of two titled semi-detached duplexes (4 units total) specifically designed for high-density cash flow and long-term appreciation. Two expansive 2,000 sq. ft. 4-bed/3-bath homes + two bright 1-bed + den lower-level suites. All units separately metered-tenants pay all utilities. Premium Amenities: Modern designer finishes, 6 appliances including in-suite laundry in every unit, and ample on-site parking. Prime transit-oriented location, site steps from Carlingwood Mall, top-rated schools, and future LRT. This 2024-built portfolio offers a “set and forget” opportunity with zero immediate capital expenditure required. Whether you are expanding a professional real estate portfolio or seeking a sophisticated multi-generational setup, this property delivers unmatched versatility and scale. Contact today for the full financial package and to schedule your private tour. 24 hour notice required for showings to notify tenants, floor plans attached are for one side, the other side is a mirror layout. Some photos are virtually staged. (id:50982)

10 Bedroom 8 Bathroom 3,500 – 5,000 ft2

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