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

Ottawa, Ontario

“The air of quiet dignity and seclusion suggested by the tasteful yet imposing entrance to Val Cartier apartments is well borne out by the pleasing interior of this apartment building erected in 1931 at the corner of Cartier and Somerset Streets… The 28 units in the building give a wide diversity of choice to the prospective tenant. These apartments are arranged with three, two and one bedrooms, and there is also a number of most attractive bachelor suites which are roomy, convenient and most inviting. The larger apartments have all the spaciousness that is associated with homes of the better sort.” From the article about this “new” apartment building in the 1931 Ottawa newspaper The Evening Citizen. Wrought iron balconies, handsome stone entrance, 27 storage units,14 underground parking spaces, New on demand boiler system, New on demand domestic hot water system, Separate and Breaker panels for each apartment, hardwood floors in apartments, common hallways have tiled floors. Common areas available for showings without requiring tenant notice. 3 x 3 bedroom, 6 x 2 bedroom, 3 x 1 bedroom + den, 14 x 1 bedroom, 2 x bachelor (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

An exceptional investment opportunity in a prime Ottawa location. This meticulously maintained triplex comprises three renovated 3-bedroom units, each updated to a high standard with modern finishes and thoughtful layouts designed for comfort and functionality. The property has been extensively improved and offers strong income potential in both traditional and alternative rental configurations. Based on current market conditions, estimated rental income ranges from approximately $3,600-$4,800 per month per unit, representing a compelling opportunity for investors. All units are being sold unfurnished. Select furnishings may be made available by separate negotiation. A turnkey multi-unit asset offering flexibility, quality construction, and long-term value. (id:50982)

Ottawa, Ontario

Recently fully Renovated property 118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa’s sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently Renovated – Major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a Phase I Environmental Site Assessment (ESA). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements. (id:50982)

Ottawa, Ontario

Welcome to 360 Friel Street an exceptional turnkey investment opportunity featuring 16 residential units with separate hydro meters, comprised of 9 fully renovated and refurbished units, 7 newly constructed additional units (recently completed). Unit Breakdown: 1 Three-Bedroom Unit, 3 Two-Bedroom Units, 2 One-Bedroom Units, 10 Studio Units. All units are fully furnished and separately metered, offering operational efficiency, reduced utility risk, and strong tenant appeal. The seller is willing to lease all units, providing investors with a stabilized, income-producing asset from day one. Income Overview Projected Residential Rental Income: $402,420.00, Parking Income: $1,800.00, Laundry Income: $3,780.00, Total Projected Gross Income:$408,000.00, Annually Projected 2026 Operating Expenses Vacancy (2%) – $8,084.00, Property Taxes (5.42%) – $21,484.00, Utilities (5.82%) – $23,064.00 (Heat, Water, Hydro) Repairs & Maintenance (4%) – $15,845.00, Property Management (3.96%) – $15,687.00, Property Insurance (6.85%) – $27,125.00Advertising (0.5%) – $1,981.00, Total Projected Operating Expenses: $113,270.00. Financial Summary – Gross Income: $408,000.00, Less Operating Expenses: $113,270.00, Estimated Net Operating Income (NOI): $294,690.00 annually. This newly completed, fully furnished multi-unit property presents a rare opportunity to acquire a modern, income-generating asset with strong projected returns and long-term growth potential. (id:50982)

Ottawa, Ontario

Welcome to 875A & 875B Contour Street, an exceptional modern double side by side property in the highly desirable Trailsedge community of Orléans. Completed in 2023, this newly custom-built side-by-side residence offers a rare opportunity for homeowners and investors alike, ideal for living in one unit while generating rental income from the other, or as a turnkey investment property with strong revenue already in place. Offering over 5,000 sq. ft. of finished living space across two spacious units, each side features 4 bedrooms, 4 bathrooms including many desired upgrades, elegant ensuites, fully finished basements, and attached finished garages. Designed with upscale modern living in mind, both units showcase open-concept layouts with 9-foot ceilings, quartz countertops, oversized kitchen islands, gas fireplaces, and bright, inviting living spaces. The luxurious primary suites include walk-in closets, spa inspired ensuites with a Juliet balcony , and access to private backyard areas. Currently fully tenanted, the property generates approximately $5,750 monthly in rental income, with tenants responsible for all utilities, keeping operating costs exceptionally low. An added highlight is the potential for future severance (pre-approved by City of Ottawa), offering excellent long term flexibility and investment value. Located near parks, schools, shopping, transit, and recreational amenities, this is a truly outstanding opportunity combining luxury, lifestyle, and income potential in one of Orléans’ most sought-after neighbourhoods. (id:50982)

Ottawa, Ontario

Charming and picturesque four plex, 3 x one bedroom and a den and a 2 bedroom in desirable Rockcliffe Park. This unique property is located on a quiet street on a large and mature 76′ x 101′ lot. Updates include roof shingles (’21 and ’19), chimney (’12), gas boiler (’17), updated wiring with ESA Certificate on file (’09) and much more! This well maintained property was recently repainted (exterior and interior common areas). 2 car detached garage. Survey on file (’68). Steps to Beechwood Village. 24 hours notice required for all showings. 24 hour irrevocable required on all offers. No showings after 7:00 pm. A multi generational opportunity. (id:50982)

Ottawa, Ontario

Welcome to 44 St Andrew – an incredible Byward Market investment opportunity with 4 income-generating units and potential for future redevelopment. Situated on a R4UD-zoned lot, this multi-family property is steps from Major’s Hill Park, Parliament Hill, the National Gallery, boutique shops, restaurants, and the scenic Rideau Canal.This multi offers investors a solid foundation with immediate rental income and the potential for future growth or redevelopment. Its prime location in one of Ottawa’s most walkable urban neighbourhoods makes it highly attractive for tenants and investors alike. Don’t miss this opportunity to own a piece of historic Ottawa with strong upside potential. (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)

The Nation, Ontario

NEWLY RENOVATED : This property features 5 recently renovated rental units, each equipped with air conditioning for added comfort. Located in the peaceful and picturesque town of St-Albert, known for its delicious cheese and friendly community atmosphere, this property is perfect for investors looking for easy, no maintenance investment. The units are well-maintained and offer modern amenities, including updated kitchens, spacious living areas, and plenty of natural light. The property also boasts a beautiful outdoor space for residents to enjoy, with a well-manicured lawn and seating areas. With easy access to local shops, restaurants, and outdoor recreational activities, this rental property offers the best of small-town living. Don’t miss out on the opportunity to call this charming property yours! (id:50982)

Ottawa, Ontario

Newer, custom-built and fully tenanted duplex in Lindenlea. Architect is Barry Hobin and interior was designed by Tanner Vine. 3 bedroom, 3 bath main/2nd floor unit rented for $4950/month, on a lease until April 2027. 1 bedroom lower unit rented for $1799/month, on a lease until December 2026. Main floor features 10 foot ceilings, hardwood floors, potlights, living room with gas fireplace & stunning kitchen boasting a walk-in pantry, large quartz island, and gas stove. Upstairs is the primary suite with double closets & luxury 5pce ensuite with double sinks, soaker tub & large glass shower. 2 more bedrooms, full bathroom and convenient laundry room with sink. The basement unit has a private entrance around back. It features an open concept living/dining/kitchen, 1 bedroom, 1 bath and it’s own laundry. Detached garage at rear, wired for electric car charger + 1 outdoor parking. Seperate hydro meters. Don’t miss this investment opportunity! Not available to occupy until April 2027 when tenant’s lease ends. (id:50982)

Ottawa, Ontario

Westboro Investors take note! Great upgraded All Brick triplex in the heart of Westboro with gross income of over $80,000 per year! Main floor is 2 bedroom one bathroom rented at $2400 + hydro, 2nd floor is 2 bedroom one bathroom rented at $2400 + hydro, Lower level is one bedroom with a 3 piece washroom and rented $1900 inclusive. All units have their C/Air unit. This great property offers you two driveways, a nice side yard which covered with the large for your enjoyment! A great multi generational family property waiting for you! See it today! (id:50982)