Over $1,000,000 Multi-Family Homes For Sale

Tay Valley, Ontario

Ideally situated less than 5 mins west of Perth, the subject property consists of two freestanding multi-residential buildings totaling 10 units, with newer Septic System. All ten units are 2-bedroom units, with six units in the building known civically as 981 Christie Lake Road and four units located in the building with the civic address of 995 Christie Lake Road. The units are individually metered for hydro. The two units located in the basement of 981 Christie Lake Road are walk-out at the rear, with the upper-level units of the building accessed from the interior hallway as well as a rear balcony. This multi-residential investment property offers convenient access to a variety of local amenities, including shopping, restaurants, schools, parks, and recreational facilities. Residents can enjoy the charm of historic downtown Perth, with its unique shops, cafés, and dining options, while benefiting from the area’s natural surroundings and outdoor recreational opportunities. Nearby trails, waterfront areas, and community facilities provide additional opportunities for an active and enjoyable lifestyle. (id:66888)

Ottawa, Ontario

Discover an excellent investment opportunity in sought-after Westboro! This all-brick Triplex features three legal, two-bedroom units, offering an attractive combination of location, rental income, and long-term investment potential. With approximately $79,000 in seller-reported gross rental income, the property presents an opportunity for investors seeking an established rental property or owner-occupiers looking to benefit from additional rental income. The property features separate hydro meters for Apt 1 & 2, Upgrades include – Furnace (2024) , Central A/C (2019), 2nd floor kitchen & bath renos (2024), stairs carpet (2026), electrical and plumbing 2023, basement windows 2023, windows in Apt 1 and 2 ( 2019), Roof(2018). Enjoy an established multi-unit income property in one of Ottawa’s most desirable neighbourhoods close to shopping, restaurants, schools, public transit, parks and recreational amenities. (id:66888)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Ottawa’s vibrant ByWard Market. This well-maintained 9-unit building offers strong rental demand, stable income potential, and excellent long-term appreciation in one of the city’s most sought-after downtown locations. Ideal opportunity for investors looking to add a solid multi-family asset to their portfolio. Numerous recent capital improvements include front porch (2026), rear addition (2023), and several interior upgrades throughout the years. Excellent suite mix with reliable tenants already in place, offering steady cash flow with future rental upside potential. Highly desirable rental location popular with hospital staff, young professionals, and students seeking convenient downtown living. Property features some on-site parking and is within walking distance to transit, restaurants, shopping, universities, entertainment, and major employment centres .Rare opportunity to own a turnkey income-producing property in the heart of Ottawa’s ByWard Market area. 48 hours notice required for all showings. 48 hours irrevocable on all offers. Rent roll and financials available upon request. (id:66888)

Ottawa, Ontario

This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in downtown Ottawa with a delightful canopy of trees and remarkable properties of architectural distinction – just half a block East of Dundonald Park. Originally built for Canada’s first Postmaster General, now comprises five impressive, renovated one- and two-bedroom rental suites. Family-owned all these 38 years. Thoughtfully upgraded, meticulously maintained, and built to endure. This turn-of-the-century property features a mix of high ceilings, hardwood floors, and beautiful art deco heating radiators throughout and as it stands blends historic charm with modernized building systems. Major upgrades include renovated kitchens and baths with granite, ceramics and stainless steel appliances; quality fibreglass-framed windows; updated electrical wiring and panels; replacement plumbing stacks; interior foundation treatment (2018); stone foundation repointing (2019); boiler (2001); two hot water tanks in parallel (2015 & 2025); roofing (2005 & 2016); five hydro meters; hardwired smoke detectors; tenant lockers; storage and garbage sheds; and seven window A/C units. Unit 1 is an exceptionally spacious two-bedroom suite offering a gas fireplace, wood-burning fireplace in the living room, five-piece ensuite, in-unit laundry and private deck. Residents enjoy a welcoming veranda, lobby, balconies, patios and deck areas. The lower level provides shared coin-operated laundry, private storage lockers and workshop space. Parking accommodates three or more vehicles in tandem. The grounds are attractively landscaped with generous side and rear yard amenities. The investment fundamentals are compelling, with an NOI of $79,000 and plenty of room. Just steps from Somerset Street, Bank Street, Parliament Hill, LRT transit, cycling infrastructure, restaurants, cafés, shopping, grocery stores and everyday conveniences .Well worth a discussion and site visit. (id:66888)

Ottawa, Ontario

Rare six-unit multifamily investment opportunity in the heart of the Glebe, one of Ottawa’s most desirable and amenity-rich urban neighbourhoods. This well-maintained purpose-built apartment building offers a highly sought-after unit mix comprising four two-bedroom suites and two one-bedroom suites, catering to a stable tenant profile that includes working professionals and couples. Building systems include hot water radiator heating, six dedicated storage lockers, recently roughed-in common laundry facilities which can accommodate one washer and one dryer, and other notable capital improvements including a flat roof replacement completed in 2019, with an additional roof section replaced in 2025. The property benefits from N4B [1474] H(11) zoning, providing investors with long-term positioning in a neighbourhood characterized by strong rental demand, limited housing supply, and exceptional walkability. Residents enjoy immediate access to a wide range of everyday conveniences, all within walking distance, including Metro Glebe, Shoppers Drug Mart, Starbucks, RBC Royal Bank, Capital Home Hardware, and Canada Post. The property also benefits from proximity to some of Ottawa’s most prominent destinations, including TD Place Stadium (1.4 km) and Parliament Hill (2.3 km), further enhancing its appeal to existing and prospective tenants. (id:66888)

Perth, Ontario

Investment opportunity in the heart of beautiful downtown Perth! This distinctive and well-maintained residential 6-plex backs onto the scenic Tay Basin, offering a sought-after combination of heritage charm and downtown convenience. The property features a desirable unit mix of five 2-bedroom units and one 3-bedroom unit, each equipped with its own in-unit laundry and parking spot for added tenant convenience. Tenants pay their own heat and hydro; owner pays water. Located in one of Eastern Ontario’s most picturesque and vibrant communities, residents can enjoy easy access to downtown shops, restaurants, cafés, parks and local amenities. A rare opportunity to own a multi-residential property in Perth’s celebrated downtown core, combining an attractive location, practical in-suite amenities and the potential for long-term rental income and portfolio growth. An exceptional opportunity for investors seeking a distinctive property in a desirable downtown setting. (id:66888)

Ottawa, Ontario

7 unit apartment building, purpose built in 1990. All apartments are 1 bedrooms with similar layouts, open concept kitchen and living area, large windows, hardwood floors, all tenants pay their own heat, 4 piece bathrooms, above grade apartments have balconies, at grade have patios, one basement apartment. Apartments have been well maintained, stainless steel appliances, always high demand given the parking. Basement laundry room, storage lockers. (id:66888)

Ottawa, Ontario

Prime investment opportunity at 240 Blackburn Avenue, ideally located in the heart of Sandy Hill, just minutes from the University of Ottawa, downtown, LRT, shops, restaurants and everyday amenities. This substantial 6-unit property offers an impressive configuration with a total of 16 bedrooms, 2 studio units, including two studio units, 11 bathrooms and 6 kitchens. The property consists of a mix of spacious multi-level units and self-contained studios, providing a versatile layout well suited to the area’s strong rental market. Several units feature in-unit laundry, multiple bathrooms and generous living spaces, while additional features include a balcony, rooftop patio and a common living area with direct access to the backyard. A rare opportunity to acquire a large multi-unit asset in one of Ottawa’s most established and centrally located rental neighbourhoods. Additional property information available. (id:66888)

Ottawa, Ontario

Turnkey investment opportunity in the heart of the Glebe! This character-filled legal triplex with a fourth non-conforming basement unit offers an attractive combination of strong rental income, desirable location, and long-term investment potential. Generating $96,724 in gross annual income with a strong NOI of $73,705, the property presents an excellent opportunity for investors seeking stable cash flow in one of Ottawa’s most sought-after rental markets. The building features three legal residential units, including Unit 1 (main floor, 2 bed + den) renting for $2,700/month, Unit 2 (second floor, 2 bed + den) at $2,500/month, and Unit 3 (third floor, 1 bed) at $1,891/month. The fourth, non-conforming basement unit is currently vacant and being intentionally left vacant, providing the purchaser with flexibility to determine its future use. Previously rented for $969/month, this rental income has been included in the advertised gross income and NOI figures. Each of the three upper units enjoys private outdoor space, including an oversized patio for the main floor unit, adding to the property’s appeal. Additional features include shared laundry facilities and parking for four vehicles, consisting of a detached two-car garage and two adjacent surface parking spaces, a valuable amenity in this highly desirable neighbourhood. Showcasing classic architectural charm, well-designed layouts, and a prime walkable location, this property offers an excellent opportunity to acquire an established income-producing asset with flexibility and long-term potential in the heart of the Glebe. (id:66888)

Ottawa, Ontario

Welcome to 290-292 Daly Avenue, an exceptional multi-unit investment opportunity in the heart of Sandy Hill. This well-maintained property features six legal units plus one additional unit, offering excellent income potential in one of Ottawa’s most desirable rental locations .The building consists of five spacious two-bedroom units and two one-bedroom units, all thoughtfully designed with unique layouts, character, and charm. Situated on the prominent corner of Daly Avenue and Chapel Street, this attractive multi-family property benefits from strong rental demand and an unbeatable location. Just steps from embassies, residential neighborhoods, and major amenities, tenants enjoy walking-distance access to Parliament Hill, the ByWard Market, the Rideau Canal, the University of Ottawa, Rideau Centre, and much more. Whether you are looking to expand your investment portfolio or acquire a prime income-producing asset, this is an opportunity you do not want to miss. Book your private showing today! (id:66888)

Ottawa, Ontario

EXCEPTIONAL SIX-UNIT INVESTMENT OPPORTUNITY! Welcome to 816 Grenon Avenue, a well-maintained, income-generating property offering six residential apartments, strong rental income, and extensive recent capital improvements. An excellent opportunity for investors seeking a turnkey multi-unit property with significant upgrades already completed. Brand new roof (2026), all windows replaced (2025), plumbing updated (2024), and electrical updated (2026). Two furnaces, one approximately four years old and the second 2026. Additional upgrades include all-new aluminum and vinyl siding (2026), a new driveway and parking lot for 7 vehicles (2026), and two new central A/C units (2026). The property is also equipped with a self-monitored CCTV security system with DVR recording and video footage & a storage shed. With extensive improvements to major building components, multiple rental income streams, and excellent long-term investment potential, this property is an outstanding addition to any real estate investment portfolio! (id:66888)

Ottawa, Ontario

Exceptional Investment Opportunity – Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.68% cap rate, gross income of $87,000, and NOI of $69,546, supporting approximately $1,250,000 in financing at current rates – a true money maker. Unit 1 – Leased ($1,850/month + hydro), Unit 2 -(vacant) Great for owner live-in (market rent $2,300/month), Unit 3 – Leased ($2,550/month + hydro), + Studio/workshop – Leased ($550/month incl. Hydro). Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers. Walking distance to the ByWard Market and the Governor General’s Residence & Global Affairs. This meticulously maintained all-brick (purpose-built) triplex plus a separate studio/workshop and a garage for storage is a turnkey investment. Apt #1 – features a renovated 1-bedroom unit with hardwood floors and a modern (2025) bathroom, Apt. # 2 main floor offers a bright 2-bedroom unit with refinished hardwood floors, renovated bath, large eat-in kitchen, and oversized deck with garden access, Apt. #3 – the second floor includes a 2-bedroom + den + solarium with hardwood throughout, updated kitchen and bathroom, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a music studio/ gym/ office. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, owned hot water tanks. Extensive upgrades include- Rebuilt rear stairs and Deck and Garage Renovation (2019), Professional painted throughout (2024) Foundation waterproofing (2015), Workshop/Garage Roof Replacement (2019), Main roof is(2014)and is modified bitumen ,Unit 1 Fully Renovated Bathroom (2025), Unit #2 Renovated Bathroom (2026), Upgraded- appliances, dishwashers, faucets. SEE LAST PHOTO (#50)FOR FULL FINANCIAL PROFILE OF PROPERTY. (id:66888)