Over $1,000,000 Fourplex For Sale

Ottawa, Ontario

Modern Fourplex located in Sandy Hill, offering fully furnished 4 bedrooms and 2 bathrooms with a washer & dryer in every unit. Built in 2020, in a prime rental location, close to downtown, the By-ward Market, the Rideau Canal and more specifically, the University of Ottawa, this property is a CASH-COW with with one of the lowest vacancy rates in the City. The security & keypad system allows the Tenants to have peace of mind and easy access. These units offer modern amenities not found in other rental properties. Net Income $116,709.03/2025 (id:50982)

Ottawa, Ontario

A rare income-generating opportunity in one of Ottawa’s most coveted neighbourhoods. This fully operational fourplex sits on an exceptionally large lot in the heart of Westboro, offering four well-appointed units, each with two bright bedrooms, a full bathroom, an open-concept living and dining area, a generous kitchen, and dedicated storage space – designed with modern tenants in mind.Outside, a spacious backyard provides room to relax or entertain, while the oversized lot opens the door to significant long-term development potential, including future additions or new builds.The Westboro location is second to none. A short walk or drive from boutique shops, independent cafés, restaurants, and everyday essentials, the neighbourhood draws a consistent pool of quality tenants. Outdoor lovers will appreciate easy access to Westboro Beach and the Ottawa River Pathway – ideal for cycling, kayaking, and waterside recreation year-round. Top-rated schools, vibrant community parks, and a thriving cultural scene round out the appeal. Whether you’re a seasoned investor or looking to enter the multi-family market, 244 Westhaven Crescent delivers immediate rental income with room to grow. (id:50982)

Ottawa, Ontario

Discover an exceptional opportunity to own a beautifully updated fourplex in the heart of downtown, just steps from the local university. This prime location offers unbeatable walkability, making it highly desirable for both tenants and owner-occupiers alike. The main floor features a stunning, owner-occupied three-bedroom residence, thoughtfully renovated to blend modern comfort with timeless character. Grand ceilings and expansive windows flood the space with natural light, creating an elegant and inviting atmosphere. Another feature of the main floor apartment is a spacious balcony overlooking the private patio exclusive to that apartment. Upstairs, you will find two well-appointed two-bedroom apartments and 1 – one bedroom apartment each tastefully updated to appeal to quality tenants. An additional feature is the oversized brand new deck offering ideal outdoor space overlooking the backyard. The 2nd floor apartment includes a private balcony overlooking the front. Whether you’re looking to live in one unit while generating income or seeking a solid addition to your investment portfolio, this property delivers. With strong rental potential and opportunities to further optimize cash flow, savvy buyers can unlock increased net income and maximize return on investment. A rare blend of location, charm, and income potential-this is downtown multi-unit living at its finest. (id:50982)

Ottawa, Ontario

Welcome to 59 Concord Street – a rare opportunity to acquire a purpose-built fourplex in the heart of the Glebe, steps to the University of Ottawa and the Rideau Canal. Built in 2016, this Class A, fully stabilized asset sits in one of Ottawa’s strongest and most consistent rental corridors. The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas. Every unit is equipped with in-suite laundry, independent HVAC systems (furnace and A/C), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units – a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal. Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention. Located within walking distance to the ByWard Market, Parliament Hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the University of Ottawa and downtown employment hubs. Strong financial profile with an NOI of $105,500.30 at a 4.8% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance – an exceptional addition to any serious investor’s portfolio. (id:50982)

Ottawa, Ontario

Permit Ready 8 Unit Build! Take advantage of plans already in place and the legwork already done. Take advantage of MLI Select financing for this 8 Unit Building ready to be built, with near 250K gross revenue. Fantastic location, drawings and plans ready, just apply for permit and go! Currently a fourplex with good rents, make income while you get ready to build. This is a spectacular location to maximize possible rental income. LRT, shops, parks and recreation nearby, public transit, etc. This would be a great property in an unbeatable location to add to your portfolio. (id:50982)

Ottawa, Ontario

Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit – two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don’t miss your chance – schedule a private showing today! (id:50982)

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)

Ottawa, Ontario

PREMIUM INVESTMENT OPPORTUNITY IN THE EMBASSY DISTRICT! Located on a peaceful dead-end street in the heart of Lower Town, this turnkey FOURPLEX is a rare “blue-chip” asset in a highly resilient rental market. Just steps from the Ottawa River, Byward Market, Global Affairs, and the NRC, it attracts a premium, professional tenant profile. The building features four spacious 2-BEDROOM suites, offering excellent long-term tenant retention. Each unit includes renovated bathrooms, full kitchens, and highly desirable IN-SUITE LAUNDRY (5 appliances per unit). Select units boast architectural charm with classic fireplaces and skylights. FINANCIALLY OPTIMIZED: The property features SEPARATE HYDRO METERS, significantly reducing landlord overhead. Enjoy a near-zero historical vacancy rate, steady income, and substantial room for rental growth in this supply-constrained neighborhood. Includes 3 parking spaces. A true buy-and-hold gem offering both stability and long-term capital appreciation! (id:50982)

Perth, Ontario

Exceptional investment opportunity in the heart of beautiful Perth. Welcome to 19 North Street – a charming and extensively updated fourplex offering the rare combination of strong income potential, owner-occupier flexibility, and future upside.With two of the four units set to be vacant upon possession, this property presents an excellent opportunity for investors to secure market rents, or for buyers seeking a live-in investment property with mortgage-supporting income. The versatile layout also offers strong multigenerational living potential with separate yet connected living spaces.Set on a picturesque street just moments from Perth’s vibrant downtown core, this well-maintained multi-residential property has seen substantial improvements over the years, including updated windows, roofing, exterior painting, landscaping, flooring, appliances, and extensive unit renovations totalling over $240,000 in improvements. Several units offer updated kitchens and bathrooms, bright living spaces, private entrances, verandas, outdoor areas, and in-unit laundry access, creating highly desirable rental accommodations.Perth continues to stand out as one of Eastern Ontario’s most sought-after small towns for residential investment. Known for its heritage charm, boutique shopping, excellent restaurants, waterfront parks, and strong sense of community, Perth attracts a steady mix of professionals, retirees, commuters, and tenants seeking quality housing outside larger urban centres. Its proximity to Ottawa, combined with limited rental inventory and continued demand for housing, makes this an attractive long-term investment opportunity with strong tenant appeal and future appreciation potential.Whether you’re expanding your investment portfolio, entering the multi-unit market, or looking for a property that allows you to live comfortably while generating income, 19 North Street offers flexibility, character, and exceptional potential in one of Ontario’s most admired small towns. (id:50982)

Ottawa, Ontario

Exceptional mixed-use fourplex prominently positioned on the corner of Cooper and Percy in the heart of high-demand Centretown. This income-generating asset features three residential units (one 3-bedroom, one 2-bedroom, and one 1-bedroom) plus a street-level commercial space currently leased to a barber shop until the end of 2027. The main floor offers excellent flexibility, currently configured as a three-bedroom residential unit with full basement alongside the commercial storefront. The second floor includes two well-appointed apartments, each with access to its own rooftop space and common washer/dryer. Residential units 1, 2 & 3 were renovated in 2021, with a new roof and new windows (3-bedroom unit) completed the same year. All appliances, light fixtures, HWT, and A/C units are included. Current rents: Barbershop approx. $35,670/year; 2-bedroom $23,400/year; 1-bedroom $19,680/year; 3-bedroom was recently owner-occupied (previously rented at $3,100/month) and is now vacant. Residential Neighbourhood Commercial zoning (R4UD (478) – C); buyer to complete due diligence regarding zoning and permitted uses under Ottawa zoning by-laws. Located steps to public transit and within walking distance to shops, restaurants, Chinatown, Little Italy, Lebreton Flats, and directly across from the Rideau Curling Club. A high-visibility corner property primed for growth-ideal for investors seeking stable income, value-add potential, or an owner-occupier opportunity. Check out our video tour. (id:50982)

Ottawa, Ontario

Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa’s most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $98,611 approx, delivering an estimated NOI of $70,205 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow. (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)