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

Mississippi Mills, Ontario

Attention Investors! A purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Kanata and 40 minutes from downtown Ottawa. This modern three-storey asset offers a practical unit mix comprising 17 two-bedroom, 2 one-bedroom and 5 three-bedroom units, along with elevator service. Units range from approximately 650 to 955 sq. ft. and feature efficient, open-concept layouts, laminate flooring, a fridge, stove, dishwasher, ERV and window coverings. Coinamatic laundry facilities are conveniently located on every floor. Designed for efficient operation and management, tenants pay hydro while the landlord pays heat and water. The property provides approximately 30 tenant parking spaces, 5 visitor spaces and additional street parking. Other features include controlled entry, an intercom and camera-monitored common areas. Completed and first occupied in 2020, the building is not subject to Ontario’s annual rent-increase guideline. Ideally situated within walking distance of shopping, restaurants, parks and essential services, the property benefits from its location in Mississippi Mills, which experienced 12% population growth between 2016 and 2021, as well as convenient access to Kanata and Ottawa. A modern multifamily investment offering strong fundamentals, durable construction and long-term income potential. (id:66888)

Ottawa, Ontario

Opportunity awaits! CAP RATE 7.55%. Perfect for visionary investors or ambitious home buyers seeking a revitalization project in the vibrant Lebreton Flats. Three refreshed century townhomes with original charm in a quiet neighbourhood are part of this exceptional real estate opportunity. Built in 1905, each home boasts 4 spacious bedrooms two equipped with 3 full bathrooms and one with 2.5 bathrooms along with partially finished basements. Separate utilities – forced air heating, on-demand tankless hot water, and air conditioning. Set on a generous lot of 56 x 84 feet and just steps away from the exciting new Sens arena development, LRT, and so much more. Severance potential adds further value and flexibility for future development. Don’t miss out on this remarkable opportunity to make your mark in a thriving community! (id:66888)

Ottawa, Ontario

An exceptional investment opportunity in the heart of South Ottawa on high-visibility Bank Street! This income-producing property offers an outstanding opportunity with multiple revenue streams, making it an ideal addition to any real estate portfolio. The property features a well-maintained five-unit apartment building (4-2 bedroom units, 1-1 bedroom unit), plus a versatile commercial/office space at the front of the building consisting of an large open room and convenient powder room-perfect for a retail shop, professional office, studio, or service-based business. In addition to rent, there is an on site coin operated laundry facility. Adding even more value is a separately rented garage currently occupied by a busy car lot, providing additional stable rental income. Included with the property is a vacant lot (presently used by car lot), presenting exciting future potential for expansion, redevelopment (subject to approvals), additional parking, or other value-added opportunities. With RC2 zoning this property is ideally situated on one of Ottawa’s busiest commercial corridors, this property benefits from exceptional exposure, easy access to transit, and close proximity to shopping, restaurants, and numerous amenities, making it highly attractive to both residential and commercial tenants. The main building also features a newer roof (2018), offering added peace of mind for investors. Whether you’re looking to expand your investment portfolio or secure a prime mixed-use property with strong income and future upside, this is a rare opportunity in a sought-after location. (id:66888)

Ottawa, Ontario

Ideally situated in Ottawa’s coveted Golden Triangle, this property represents a rare opportunity to acquire a well-maintained six-unit multifamily asset in one of the city’s most desirable urban enclaves. Each suite is thoughtfully configured, offering a strong foundation of stable income with meaningful potential for rental growth and value appreciation. The property’s central location ensures enduring tenant demand, exceptional walkability, and proximity to Ottawa’s key employment, retail, and lifestyle corridors. Investors will appreciate the balance of reliability and upside-an ideal addition to any portfolio seeking long-term performance in a high-barrier-to-entry market. A new roof was completed in 2024, further enhancing the property’s desireability. Opportunities of this caliber in Ottawa’s thriving multifamily market are increasingly rare, making 88 MacLaren Street a must-see for the discerning investor. Seller may consider VTB. (id:66888)

Ottawa, Ontario

692 Claude Street is a turn-key, fully renovated legal triplex offering an exceptional investment opportunity with $86,400 in gross income and approximately $75,000 net. Rarely found 5.6% Cap Rate in this condition. Ideally located less than a 5-minute walk from St. Laurent, this low-maintenance asset is currently tenanted by three excellent households and is well suited for investors seeking reliable income and long-term ownership confidence. The building consists of two 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, with each suite featuring in-suite laundry, independent heating and cooling, and its own hot water tank. This strategically planned asset was intensely renovated in 2024 with all permits and certificates on file. Set on an oversized irregular lot with N3C zoning, the property may also offer future intensification potential, and buyers are encouraged to complete their own due diligence. All equipment and appliances are owned. Please see the attached feature sheet and 10-year forecast for additional information. (id:66888)

Brockville, Ontario

A rare plug-and-play investment opportunity with virtually no hassle! Welcome to 1115 Millwood Avenue in Brockville, a 4-unit townhouse development, built just 4 years ago, that offers an exceptional combination of quality, location, and reliable income. Set in a beautiful creekside location, the property provides a peaceful residential environment while remaining conveniently walkable to 1000 Islands Mall and nearby amenities. All four units are occupied by long-term, established tenants who have transitioned from homeownership to a maintenance-free rental lifestyle, making this a stable, low-turnover investment. Current rents range from $3,000 to $3,500 per month, generating an approximate net income of $120,000 per year before debt servicing. For investors seeking a well-maintained, income-producing property with minimal day-to-day involvement, this is a compelling opportunity. Note: photos included are of an interior unit. (id:66888)

Ottawa, Ontario

A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa’s most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you’re looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property’s income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential. (id:66888)

Ottawa, Ontario

Updated triplex in the sought-after neighbourhood of Mechanicsville/Hintonburg. Strong income with significant capital improvements already completed. Ideally located near Tunney’s Pasture and within walking distance of the O-Train, Ottawa River Parkway bike path, Westboro Beach, coffee shops, restaurants, parks, and amenities on Wellington Street. Net Income $72,968. Unit 1 ($3300/month) is a two-storey unit offering 3 bedrooms and 2.5 bathrooms. Unit 2 ($2550/month) features 2 bedrooms and 1 bathroom. Unit 3 ($2000/month) is a studio unit. The rear parking area accommodates 3 vehicles. Each unit enjoys a private entrance and dedicated outdoor space. Contact for the full investment package, including income, expenses, inclusions, and capital improvement details. (id:66888)

Ottawa, Ontario

Westboro, excellent brick purpose built 6 unit apartment building, substantially upgraded and fastidiously maintained, with renovated apartments in an excellent Westboro location. Renovated kitchens and bathrooms, refinished hardwood floors, plumbing stacks replaced, breaker panels in units, hood fans, bathroom fans, dishwashers, 6 parking spaces plus extra area for snow, coin op laundry, storage lockers, owned HWT’s, roof ~16 years old, furnace boiler 2015, windows replaced with vinyl windows, outdoor seating area. There is upside to the rents. 1 block to Richmond Rd and the Loblaws Superstore and all the stores and cafe’s along Richmond Road, 10 minute walk to LRT transit. The New Draft Zoning Bylaw is just around the corner and will change the zoning to Commercial CM1, which will permit a wide range of commercial uses (including retail, personal services, hotel…). There is an opportunity to substantially increase revenue. Redevelopment is also possible, with the CM1 zone permitting 6 storeys. (id:66888)

Ottawa, Ontario

Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa’s most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, an impressive 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. Unit 1 is currently vacant, providing valuable flexibility for a buyer to renovate and reposition the suite, increase future rental income, or occupy the unit themselves. The upper 3-bedroom suite is a standout feature of the property, offering exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property’s long-term integrity. With separately metered hydro for each unit, strong existing rental income, and the added upside of a vacant 1-bedroom suite, this property offers an excellent combination of immediate income and future potential. A rare opportunity to acquire a character-filled income property with strong fundamentals and flexibility in the heart of Ottawa. (id:66888)

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:66888)

Ottawa, Ontario

2 Families, In-Laws Welcome! Great updated, bright and immaculate 2 large semis featuring 4 bedrooms & 4 bathrooms on the left side and 5+1 bedrooms & 3 bathrooms on the right side! Both sides have been fully renovated and offer spacious living rooms, dining rooms, large open-concept kitchens, newer kitchens, updated bathrooms, newer laminate & ceramic flooring, and a newer addition. With 2 garages and both units currently vacant, this property is ready for your move or investment opportunity. Located in the catchment area of Colonel By High School and close to CISIS, this property is within walking distance to shopping centres, Costco, schools, and all amenities. Only 15 minutes to downtown with direct bus access to Parliament Hill. Zoning N3B allows commercial use and also offers excellent future development potential, permitting up to 3 storeys with approximately 8-10 units. See it Today! (id:66888)