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

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For sale
$1,180,000
86 FOURTH AVENUE, Ottawa, Ontario

86 Fourth Avenue

Ottawa, Ontario

Imagine owning a classic Glebe home and transforming it into the home you’ve always dreamed of. 86 Fourth Avenue presents a rare opportunity to purchase a timeless red brick property in one of Ottawa’s most sought-after neighbourhoods while enjoying the flexibility of its current duplex configuration. Occupy either the main floor or upper suite and continue renting the other to help offset your mortgage, renovate one level at a time at your own pace, or transform the property into the extraordinary single-family residence you’ve always envisioned. Conceptual architectural floor plans have already been prepared, providing inspiration for a stunning four-bedroom family home while still giving you the freedom to personalize every detail and create a home that is uniquely your own. Rich in character and timeless architectural appeal, this classic residence showcases original hardwood flooring, beautiful wood trim, generous room proportions, inviting covered porches, a detached garage, an expansive driveway, and two separately metered hydro services. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, boutique shopping, cafés, award-winning restaurants, the Lansdowne Farmers’ Market, excellent schools, parks, and countless year-round community events, you’ll experience one of Ottawa’s most walkable, vibrant, and cherished neighbourhoods where everything you need is just moments from your front door. Whether you choose to enjoy the home in its current configuration, thoughtfully renovate over time, or create your forever home from the ground up, 86 Fourth Avenue offers a truly unique opportunity to establish yourself in the Glebe while creating a home that can be enjoyed by your family for generations to come. (id:50982)

4 Bedroom 4 Bathroom 2,500 – 3,000 sqft
For sale
$1,250,000
93 GILMOUR STREET, Ottawa, Ontario

93 Gilmour Street

Ottawa, Ontario

Rare investment opportunity in the heart of Ottawa’s prestigious Golden Triangle! This classic red-brick duplex offers the perfect blend of historic charm, modern updates, and urban convenience, making it a standout addition to any real estate portfolio. This property is ideal for multi-generational living, a high-yield rental investment, or an ideal live-rent setup.The property features a versatile layout with 5 spacious bedrooms, 3 full bathrooms, and independent laundry facilities. Inside, you’ll find soaring ceilings, original hardwood flooring, and large windows that flood the units with natural light. Both units provide comfortable, self-contained living spaces that cater to the high rental demand from professionals and students alike. Location is everything, and this address delivers. You are just steps away from the scenic Rideau Canal, the trendy boutiques and eateries of Elgin Street, and a short walk to the University of Ottawa and Parliament Hill. With private outdoor space and unbeatable transit access, this turnkey duplex represents a rare chance to own in one of the city’s most stable and prestigious residential pockets. (id:50982)

5 Bedroom 3 Bathroom 1,500 – 2,000 sqft
For sale
$1,199,000
10 SHERBROOKE AVENUE, Ottawa, Ontario

10 Sherbrooke Avenue

Ottawa, Ontario

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa’s most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer’s report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don’t miss out on this prime investment opportunity. (id:50982)

4 Bedroom 4 Bathroom 1,500 – 2,000 sqft
For sale
$2,700,000
87-93 KING STREET W, Brockville, Ontario

87-93 King Street W

Brockville, Ontario

Attention all investors! Downtown Brockville mixed-use gem with river views. This well-maintained, income-producing property features 12 residential apartments and 2 street-level commercial units in a prime, high-visibility location steps from the waterfront, parks, and King Street amenities. A number of the apartments have been renovated with new flooring, kitchens, baths and LED lighting. Laundry is available on site. This is a rare opportunity to acquire a centrally located, mixed-use asset in Brockville’s vibrant core – just steps to the water with scenic river views and enduring tenant appeal. Ideal for investors seeking stable cash flow, this property offers significant upside. Please allow 48 hours irrevocable on all offers. (id:66888)

10,000 sqft
For sale
$1,995,000
824 KIRKWOOD AVENUE, Ottawa, Ontario

824 Kirkwood Avenue

Ottawa, Ontario

Description: Turn-key 6-unit multifamily in west-central Ottawa – a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes.Approx. $128,040 gross income and projected NOI near $100,700 – a 5.05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry. Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417. Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday. Some photos virtually staged. (id:50982)

10 Bedroom 6 Bathroom 3,500 – 5,000 sqft
For sale
$1,499,000
294 DONALD STREET, Ottawa, Ontario

294 Donald Street

Ottawa, Ontario

Rare CM1 Corridor Opportunity in Overbrook – a property with options today and possibilities for tomorrow. Situated on a 61′ 117′ lot, this unique offering combines land, flexible zoning, and an existing income-producing building in one package.Designed for buyers looking beyond a traditional investment property, CM1 zoning permits a wide range of residential and commercial uses. Explore possibilities such as operating your own business while generating rental income, creating a live/work or mixed-use concept, optimizing the current residential layout, or planning for future opportunities (subject to buyer due diligence and approvals).The existing detached four-unit building features two spacious 3-bedroom units and two 1-bedroom units, offering immediate utility while you determine your long-term vision. Unlike many properties, the owner occupies one unit and has intentionally kept the remaining units vacant – providing rare flexibility to renovate, establish market rents, select tenants, redesign, or reposition.Additional highlights include five separate hydro meters, parking for multiple vehicles, excellent exposure on Donald Street, transit access, and proximity to downtown Ottawa, St. Laurent Centre, Vanier Parkway, shopping, services, parks, and employment hubs.Whether you are an entrepreneur, investor, or developer – renovate, reposition, or reimagine. A rare opportunity to secure a CM1 corridor property where your vision determines the future. (id:50982)

8 Bedroom 4 Bathroom 2,500 – 3,000 sqft
For sale
$1,249,000
560 QUEEN MARY STREET, Ottawa, Ontario

560 Queen Mary Street

Ottawa, Ontario

Introducing 560 Queen Mary Street, an extraordinary legal duplex nestled in the prestigious Castle Heights community, offering nearly $65,000 in annual rental income. Recently constructed, this property exemplifies refined craftsmanship with soaring 12-foot ceilings on the main floor, 9-foot ceilings on the second level, and impeccable high-end finishes throughout. The main residence spans an impressive 2,645 sq. ft. ft. of thoughtfully designed living space. It features a custom chef’s kitchen, elegant open-concept living and dining areas centered around a cozy fireplace, and seamless access to a private rear deck. In addition to four generously sized bedrooms, the main unit also includes a versatile extra bedroom or private office, ideal for today’s lifestyle. The luxurious primary suite is complete with a spa-inspired en suite, walk-in closet, and an expansive walk-out balcony. The lower-level apartment offers a beautifully appointed two-bedroom suite with 9-foot ceilings and upscale finishes, perfect as a high-quality rental or for extended family living. This property also presents the flexibility to reside in one unit while collecting income from the other, creating an exceptional opportunity for both homeowners and investors alike. Located just minutes from St. Laurent Centre, 560 Queen Mary enjoys unmatched convenience with excellent schools, shopping, restaurants, parks, and public transit all within easy reach. A rare combination of luxury, versatility, and income potential in one of Ottawa’s most desirable neighborhoods. 562 Queen Mary St also for sale (id:50982)

7 Bedroom 4 Bathroom 2,000 – 2,500 sqft
For sale
$1,249,000
A & B - 25 PENNARD WAY, Ottawa, Ontario

A & B – 25 Pennard Way

Ottawa, Ontario

Nestled in the prestigious and well-established Hunt Club neighbourhood at 25 Pennard way, this newly constructed, semi-detached executivetownhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantlyappointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoybreathtaking vistas from a 500 sq.ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept designadorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs, including theOttawaInternational Airport and Uplands Business Park, effortless commuting via Highway 417, and proximity to premier amenities such asHunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence andastute investment in a high-demand rental market (id:50982)

4 Bedroom 5 Bathroom 3,000 – 3,500 sqft
For sale
$1,249,000
A & B - 25 PENNARD WAY, Ottawa, Ontario

A & B – 25 Pennard Way

Ottawa, Ontario

townhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantlyappointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoybreathtaking vistas from a 500 sq.ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept designadorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs, including theOttawaInternational Airport and Uplands Business Park, effortless commuting via Highway 417, and proximity to premier amenities such asHunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence andastute investment in a high-demand rental market (id:50982)

4 Bedroom 5 Bathroom 3,000 – 3,500 sqft
For sale
$1,249,000
A/B - 22 INVERKIP AVENUE, Ottawa, Ontario

A/b – 22 Inverkip Avenue

Ottawa, Ontario

Nestled in the prestigious and well-established Hunt Club neighborhood at 22 Inverkip Avenue, this newly constructed, semi-detached executivetownhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantlyappointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoybreathtaking vistas from a 500 sq. ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept designadorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs including theOttawaInternational Airport and Uplands Business Park, effortless commuting via Highway 417; and proximity to premier amenities such asHunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence andastute investment in a high-demand rental market (id:50982)

4 Bedroom 5 Bathroom 3,000 – 3,500 sqft
For sale
$1,249,000
A/B - 22 INVERKIP AVENUE, Ottawa, Ontario

A/b – 22 Inverkip Avenue

Ottawa, Ontario

Nestled in the prestigious and well-established Hunt Club neighborhood at 22 Inverkip Avenue, this newly constructed, semi-detached executivetownhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantlyappointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoybreathtaking vistas from a 500 sq. ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept designadorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs including theOttawaInternational Airport and Uplands Business Park, effortless commuting via Highway 417; and proximity to premier amenities such asHunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence andastute investment in a high-demand rental market (id:50982)

4 Bedroom 5 Bathroom 3,000 – 3,500 sqft
For sale
$1,425,000
14 SOMERSET STREET W, Ottawa, Ontario

14 Somerset Street W

Ottawa, Ontario

So much potential and charm! Check out this triplex steps away from the Rideau Canal, restaurants,Parliament Hill, University of Ottawa & much more! Located in one of the most sought-after areas in the Golden Triangle. Very large main floor features 2 bedrooms as well as an office/den area (currently used as a 3rd bedroom), large living room with a fireplace & a ton of natural light! 2nd floor features 1 bedroom, formal dining area/office, sitting room & its own large balcony. 3rd floor features 2 bedrooms, an office/formal dinning area & has a ton of natural light throughout! Updates include: Maize Siding & Eavestroughing, windows, roof, boiler (2018) maintenance every year, driveway & more! Main floor will be vacant upon closing – perfect for owner occupied unit with additional income from the other units, or investment opportunity! (id:50982)

5 Bedroom 3 Bathroom 2,500 – 3,000 sqft

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