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

Carleton Place, Ontario

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16′ x 12′ upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario’s fastest-growing communities. All kinds of possibilities with this unique income property. (id:66888)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Westboro! This income-generating triplex features three spacious 2-bedroom, 1-bathroom units, each with updated kitchens and bathrooms, functional layouts, and the convenience of in-unit laundry. Each unit is individually metered for hydro and gas, offering added convenience and potential savings for ownership. With three separate units and three parking spaces, this property offers excellent income potential and an opportunity to build long-term wealth in one of Ottawa’s most desirable rental markets. The well-designed floor plans and sought-after two-bedroom configurations appeal to a broad range of tenants. Ideally located steps from Westboro’s trendy shops, restaurants, cafés, parks, and convenient transit, this property combines a prime location with strong rental appeal. An excellent opportunity to expand your investment portfolio in a highly desirable Ottawa neighbourhood! (id:66888)

Ottawa, Ontario

Welcome to 10 Chestnut Street, a unique blend of location and up-scale styling. Set in one of Old Ottawa East’s more desirable locations, this thoughtful and modern 4 plex is nestled in a tranquil downtown neighbourhood. As well, it offers immediate access to the 417 (East & West bound), walking distance to Lee’s ave LRT, Trendy Amenities, Restaurants & Local Cafes, the natural Beauty of the Rideau River and Canal, Local Parks, Biking Paths, and a new Canoe/Paddle Board Boat Launch are just blocks away. MAIN LEVEL: This executive one-bedroom unit features an open concept spacious dining and living area, with ample space to lounge and dine, along with a large bedroom and marble ensuite. SECOND LEVEL: This cozy two-bedroom unit has just the right space for that live-work balance, including a built-in bar area, porcelain floors through-out, and ample space to lounge or dine at an oversized granite kitchen island.THIRD LEVEL: This two-bedroom unit is about that upscale New York Penthouse vibe-white marble, crystal, acrylic, mirrored glass and all the luxuries one would associate with the Upper East Side.LOWER LEVEL: This thoughtfully designed unit has 9-foot ceilings, ample storage, a laundry room, a sleek kitchen , and a spacious bedroom area.Income 10,935 per month=$131,222 per year. EXP =$26,558. NOI 104,662. Cap 4.6. (id:66888)

Ottawa, Ontario

Prime Investment Opportunity in Ottawa Turnkey 5-Plex with Excellent Returns: Welcome to 309 Cyr Avenue, an exceptional chance to secure a fully tenanted, income-producing 5-unit property in a desirable Ottawa neighbourhood. Whether you’re an experienced investor or looking to grow your portfolio, this asset delivers reliable cash flow today with strong upside potential. This well-maintained 5-plex offers a versatile mix of spacious, updated units occupied by quality tenants. The exterior has been recently renovated, boosting curb appeal and minimizing capital expenditures in the years ahead. Inside, with room to further enhance rents and maximize income, this property has much upside potential. With steady income in place and under-market rents, this property is perfectly positioned for a new owner to unlock additional value through strategic updates and rental increases over time. Key Features: Five fully rented units with strong tenancy history; Newly renovated exterior low maintenance for years to come; Excellent location close to schools, transit, shopping, and Ottawas downtown core;; Opportunity to increase revenues and build long-term equity This is your chance to acquire a turnkey multi-unit property in one of Ottawas most robust rental markets. Properties of this calibre and income potential rarely become available. Don’t wait, schedule your private tour today and see everything 309 Cyr Avenue has to offer! (id:66888)

Ottawa, Ontario

Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $142, 338.12. Expenses $29,271.15. NOI $113,066.97. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to U Ottawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. (id:66888)

Ottawa, Ontario

Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $142, 338.12. Expenses $29,271.15. NOI $113,066.97. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to UOttawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. (id:66888)

Ottawa, Ontario

A great opportunity for investors or buyers looking to live in one home while generating rental income from the other! Located at 46 Ashburn Drive, this property features two fully renovated semi-detached homes, each offering 3 bedrooms, 2.5 bathrooms, a finished basement, single-car garage and private fenced backyard. Both units have been updated throughout and offer comfortable, modern living spaces. Unit A is currently vacant, offering flexibility for immediate occupancy or the opportunity to select your own tenant. Unit B is occupied by a great, long-standing tenant with approximately three years remaining on the lease. While the tenant has requested that interior photos not be posted online, the unit has been very well maintained. The layout is similar to Unit A, with the exception of a more traditional, separate room design and an additional main-floor bedroom in place of the dining room, ideal for a home office or guest space. Each home has its own utilities, providing added convenience for owners and tenants alike. Situated in an established Ottawa neighbourhood, close to schools, parks, shopping, transit and everyday amenities. Whether you’re looking for an income property, a place to call home with rental income next door, a long-term investment, or even a multigenerational living arrangement down the road, this property offers plenty of possibilities. (id:66888)

Ottawa, Ontario

WOW! BUILT IN 2019, FULLY TENANTED, AND GENERATING $77,940 IN GROSS ANNUAL RENTAL INCOME! Discover this modern duplex with a secondary dwelling unit, ideally located in the heart of Vanier! Featuring THREE self-contained units, each thoughtfully designed with 2 bedrooms, 2 full bathrooms, bright open-concept living and dining areas, and contemporary finishes throughout. Each unit offers the convenience of private in-unit laundry, its own furnace and central air conditioning, separate hydro meters, and stylish laminate and tile flooring. Built in 2019, this property combines modern construction with practical layouts and independent utilities for added tenant comfort. FANTASTIC CENTRAL LOCATION! Enjoy being just moments from the shops, restaurants, and cafés of Beechwood Village, public transit, and the scenic Rideau River, with the ByWard Market and Centretown only minutes away. Situated in a charming, evolving neighbourhood with easy access to everyday amenities and Ottawa’s vibrant downtown core. With all three units currently rented and producing $77,940 in gross annual rental income, this property offers immediate cash flow potential in a sought-after urban setting. THREE UNITS, SIX BEDROOMS, SIX BATHROOMS, AND ONE OUTSTANDING OPPORTUNITY! (id:66888)

Ottawa, Ontario

Exceptional opportunity to own a brand-new, purpose-built 8-unit multi-residential building in one of Ottawa’s most connected, supplyconstrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today’sinvestors seek: zero deferred maintenance, modern energy-efficient systems, and a diversified income stream across fifteen bedrooms.Each of the eight self-contained 2-level suites is finished to a trophy standard – engineered oak flooring, quartz kitchen countertops,stainless steel appliances, marble-tiled bathrooms, in-suite laundry, and private balconies in the upper units. Individually metered suitesand owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient yearround heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool. Located steps from theRideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, MontfortHospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. LaurentShopping Centre are close at hand. Set on a 4,977 sq ft lot (49.94′ x 99.65′) and newly-zoned N4B, this is a true core-plus asset builtfor long-term performance and appreciation. With strong projected net operating income and clear built-in rental upside as suites turnover, it is ideally suited to private investors and portfolio buyers seeking a low-maintenance, new-construction building in a provenOttawa neighbourhood. A full financial package, rent roll and private tour are available to qualified parties upon execution of aconfidentiality agreement. Don’t miss this rare chance to acquire a modern, income-generating landmark in Canada’s capital. (id:66888)

Ottawa, Ontario

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33′ 99′ lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. (id:66888)

Ottawa, Ontario

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33′ 99′ lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. (id:66888)

North Grenville, Ontario

Attention Investors & Developers! Outstanding investment opportunity in the heart of Kemptville. This newly available 8-unit multiplex offers immediate value, significant upside, and turnkey potential in a high-demand, rapidly growing community. The building will be fully leased prior to closing, providing the new owner with immediate cash flow from day one. Featuring strong rental rates and quality tenants, this is a rare opportunity to acquire a stabilized multi-family asset without the uncertainty and expense of lease-up. at 5 Queen St, residents enjoy walking distance to downtown shops, local dining, parks, schools, and essential amenities, with quick access to Highway 416 for an easy commute into Ottawa. This well-designed multi-family property offers low-maintenance living and attractive units that appeal to quality long-term tenants. Strong rental demand in North Grenville makes this a solid, resilient asset for any portfolio. Ideal for seasoned investors looking to expand their portfolio, value-add buyers seeking a premium income property, or those looking for a turnkey multi-family investment in one of Eastern Ontario’s fastest-growing markets. Financial details, unit breakdown, and floor plans are available upon request. Don’t miss this opportunity to own a fully leased, cash-flowing asset in a prime location. Schedule your private viewing today! (id:66888)