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

Ottawa, Ontario

Incredible opportunity to add a solid triplex to your portfolio in an unbeatable location just a short walk from Ottawa U! Located right off campus and in the heart of Sandy Hill, the demand is always sky high and there is never a vacancy. A great unit split for the fully tenanted building which includes a large 3 bedroom, 2 bathroom apartment that spans the main and lower levels. The second floor consists of a bright 2 bedroom with a private balcony, and the top floor is a charming 1 bedroom with its own dedicated fire escape. Each unit has its own laundry for added convenience. Great tenants and a headache free building, a perfect addition for your portfolio or ideal for someone wanting to live in Sandy Hill while offsetting their mortgage expense with rental income. Currently grossing $76,800. (id:66888)

Pembroke, Ontario

A rare opportunity for an excellent investment. Canoe Lofts is a recently extensively renovated student housing complex with 35 leases across 11 units. Showing great income and a waiting list of tenants. Easy walking distance to Algonquin College. Well worth looking into. (id:66888)

Ottawa, Ontario

An exceptional opportunity to acquire a fully redeveloped, turnkey 10-unit apartment building just minutes from downtown Ottawa. Extensively reconstructed from the studs and reconfigured into 10 modern residential units, this property offers investors a high-quality, income-producing asset with significant capital improvements already completed. The building features six spacious 3-bedroom apartments, three 1-bedroom units and one studio, providing a desirable rental mix with strong income potential. Each unit features modern kitchens, stainless steel appliances, updated bathrooms, quality finishes, and convenient in-suite laundry, with the spacious 3-bedroom suites further enhanced by quartz countertops and full-slab quartz backsplashes. Beyond the interiors, the extensive redevelopment includes all new electrical, plumbing & heating systems, upgraded insulation, modernized common areas and enhanced fire safety systems. A significant advantage is the separately metered hydro, gas and water for each unit, allowing tenants to pay their own utilities & helping minimize operating expenses. With major building systems replaced & high-quality finishes throughout, this property offers investors a low-maintenance asset with reduced near-term capital expenditure requirements. Four units offer affordable housing potential, which can support eligibility for CMHC MLI Select financing, subject to program requirements & approval. Additional revenue opportunities may exist through exterior storage lockers. Conveniently located near Beechwood Avenue, downtown Ottawa, uOttawa, Montfort Hospital, government employment hubs, shopping & public transit, the location offers broad tenant appeal. With attractive projected rental income, operating efficiencies and long-term appreciation potential, this is an ideal addition to an established investment portfolio. Detailed financial projections, operating expenses and cap rate analysis are available upon request. (id:66888)

Ottawa, Ontario

Absolutely Stunning Triplex Located Right In The Heart of Prestigious Westboro! Unit 1 consists of 2 levelsof living space with master bedroom, 2nd bedroom, kitchen and dining room on main floor. Lower levelfeatures, living room, storage and possible office / den. Unit 2 features master with ensuite, large storage /office space, huge custom kitchen with upgraded appliances, and open-concept living / dining area. Unit 3features 2 bedrooms plus office, 2 baths, massive rooftop terrace, custom kitchen, open-concept living /dining area and full basement rec. room for home business or gym. All units separately metered and includelegal parking. Perfect for owner-occupier or investor. Close to all amenities including, shopping,restaurants, transit and Westboro Village. Financials Available Upon Request. (id:66888)

Ottawa, Ontario

Income-producing 71-acre rural landholding near Richmond, offering frontage, scale, a 5.0% cap rate, and long-term development potential. The property provides stable income today, with opportunities to increase revenue over time and strengthen the overall return profile. With flexibility for future planning, development, or rural-use opportunities, it represents a strategic hold with proximity to Richmond, access to the broader Ottawa market, and multiple paths for future value creation. ADDITIONAL DETAILS FOUND IN “MORE INFORMATION” LINK BELOW. (id:66888)

Ottawa, Ontario

This turn-key fully tenanted triplex sits in the heart of Ottawa Centre, with two spacious 2-bedroom units and one 1-bedroom unit, each finished with hardwood floors throughout and good in-unit storage. A newer boiler system anchors the mechanicals, and separate meters mean each tenant covers their own hydro. Combined rents bring in $6,404.61 a month, or $76,855.32 a year, with parking for three vehicles at the rear included as part of rent. Annual operating expenses $16,334. Flora Street is steps from direct transit to Carleton University, minutes from downtown and the Elgin Street strip, with easy access to the 417. This stretch of Centretown stays consistently rented. Laundry and utility with inside access. 24 hour irrevocable required on all offers, with Schedule B to accompany. (id:66888)

Ottawa, Ontario

Exceptional five-unit investment opportunity in the heart of Centretown! Ideally situated in one of Ottawa’s most desirable urban neighbourhoods, this income-producing property features a versatile unit mix, including one spacious 3 bedroom, 2 bathroom unit with in-suite laundry and four 1 bedroom, 1 bathroom units with shared laundry facilities. Just steps from an array of shops, restaurants, cafés, parks, and public transit, the property offers tenants the convenience and walkability of downtown living. With five individual units, multiple income streams, and a sought-after location, this property presents an excellent opportunity to expand an existing portfolio or enter the multifamily investment market. (id:66888)

Ottawa, Ontario

Welcome to this well-located up/down duplex in the heart of Hintonburg, just steps to Wellington Street and surrounded by some of Ottawa’s best restaurants, shops, and amenities. This is an ideal opportunity for investors seeking strong rental income in a high-demand area.The property features two self-contained 2-bedroom units, each with separate hydro meters and in-unit laundry. Both units are currently rented on a month-to-month basis, offering flexibility for investors or owner-occupiers. Recent upgrades (2022) include renovated bathrooms, an updated kitchen in the upper unit, and electric baseboard heating throughout. Current rents are $2,100/month for the main floor unit and $1,900/month for the upper unit, with potential for future increases in line with market rates. Situated on a generous 66 x 86.96 ft lot, the property also offers long-term upside for redevelopment in an R4 / N4B H(11) zoned area, making it an excellent hold-and-grow investment. A rare chance to own a solid income property with future potential in one of Ottawa’s most desirable urban neighbourhoods. (id:66888)

Ottawa, Ontario

70 Russell Avenue | Built in 2018, this purpose-built four-unit residential investment property generates $224,625 in annual gross rental income with a NOI of $154,775.77. Located in Ottawa’s Sandy Hill neighbourhood, the property offers four fully leased apartments: Unit 1: 5 bed, $4,500/month; Unit 2: 5 bed, $4,152/month; Unit 3: 5 bed, $4,216.75/month; Unit 4: 6 bed, $5,850/month. All units are currently leased, with fixed terms extending into 2027. The reported NOI is supported by a comprehensive operating expense statement, including recurring property management, maintenance and operating costs. Each apartment is independently configured on its respective level, extending from the front to the rear of the building, and features two full bathrooms, contemporary kitchens, durable flooring, large windows and in-suite laundry. At an asking price reflecting approximately a 6% capitalization rate, this property presents an attractive opportunity to acquire a modern, established income-producing asset. Unlike many of Sandy Hill’s older converted rental properties, 70 Russell was purpose-built in 2018 with modern construction, thoughtfully designed interiors and spacious, functional layouts suited for student accommodations. Ideally situated in the heart of Sandy Hill, 70 Russell Avenue is within walking distance of the University of Ottawa, downtown Ottawa, the ByWard Market, public transit, restaurants and everyday amenities. This prime location, combined with the area’s strong student rental demand, makes the property a compelling long-term investment opportunity. (id:66888)

Ottawa, Ontario

This Completely Updated 6 unit apartment building which enjoys premium rental location, is just minutes to downtown, steps to the cafes/restaurants along Beechwood Avenue, steps to shopping, surrounded by parks, and minutes to the Rideau River and Ottawa River. The apartments are charming, spacious and bright and are in excellent condition with modern kitchens, all with dishwashers, and attractive modern bathrooms. Lovely flooring throughout. There are three – 3 bedroom apartments and three – 2 bedroom apartments. The roof is just three years old (redone in 2023) and the windows are modern pvc windows.There are four parking spaces and coin operated laundry is located in the building. This is an impeccable low maintenance and beautifully updated building, which enjoys excellent rental location with very desirable 2 and 3 bedroom apartments and is the ideal investment property. The Annual Gross Revenue is $141,348.00. The Annual Expenses are $27,4988. The Net Income is $113,860.00 per year. Rent Roll and Financial Statement available upon request. 48 hour notice required for all showings. (id:66888)

Ottawa, Ontario

A newly built triplex w/modern design, functional living spaces, & strong investment potential in the heart of Vanier. 3 residences and approximately 2,250 sq. ft. of finished living space, this is an exciting opportunity for investors, multi-generational living, or an owner-occupant looking to live in one unit while generating income from the others. The spacious 2-storey main unit offers approximately 1,150 sq. ft. & features a bright, open-concept layout. The main level brings together the living room, dining area, & contemporary kitchen w/centre island, along w/convenient in-unit laundry. Upstairs, two bdrms & a full bathroom, including a generous primary bedroom. The additional units are thoughtfully designed to maximize space & functionality. One offers approximately 542 sq. ft. with an open-concept kitchen & living area, one bedroom & a full bathroom. The third residence provides approximately 558 sq. ft., featuring one bedroom, a full bathroom, an open-concept kitchen & living area, All 3 units have access to an impressive approximately 529 sq. ft. rooftop terrace, an exceptional outdoor space that adds another dimension to urban living. The contemporary exterior offers clean architectural lines, large windows & attractive combination of stone, brick, and modern siding. And then there’s the location. Centrally located in Vanier, with convenient access to some of the city’s most desirable destinations. Just minutes from Beechwood Village, with its popular cafés, restaurants, shops, grocery options, and amenities, and with New Edinburgh, Rockcliffe Park, the ByWard Market, and downtown all within easy reach. Nearby transit, cycling routes, major road connections, parks, schools, & recreation make this a convenient place to call home & an attractive location for prospective tenants who want to stay connected to the city. Modern triplex. Central location. An investment opportunity built for the future. Tarion Warranty Included. (id:66888)

Ottawa, Ontario

An exceptional investment opportunity in Ottawa’s vibrant West Centretown, ideally situated near Little Italy and Chinatown. 315-317 Booth Street is a well-maintained four-unit property offering spacious accommodations, ample parking, on-site storage, and an enviable central location. Comprising four units with a total of four kitchens and eight bedrooms, the property offers versatile living arrangements and strong tenant appeal. Each residence has been thoughtfully maintained, featuring new flooring, updated bathrooms, and functional layouts. Nine-foot ceilings on both the main and second floors enhance the sense of space and openness, complemented by excellent flow throughout. The property features two two-bedroom apartments and two additional two-bedroom units, each offering eat-in areas and kitchens. Established tenancies provide an existing income stream, while two detached single-car garages and additional surface parking for six vehicles add exceptional convenience. A dry basement and evident pride of ownership further enhance this attractive offering. Residents enjoy easy access to Preston Street’s renowned restaurants, cafés, and specialty shops, as well as the dining and everyday conveniences of Somerset Street. Nearby amenities include Plant Recreation Centre, Pimisi LRT station, LeBreton Flats, downtown Ottawa, Dow’s Lake, the Rideau Canal, and Ottawa River pathways, with convenient access to Highway 417. Combining functional layouts, impressive ceiling heights, substantial parking, and General Mixed Use zoning, this property presents an outstanding opportunity to acquire an established income property in a dynamic, amenity-rich neighbourhood. Please allow 48 hours irrevocable on all offers. Some photos have been virtually staged. (id:66888)