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

Welland, Ontario

Exceptional turnkey 17-unit apartment building in Welland offered at a 5.5% cap rate with approximately $3,300,000 in assumable financing at 4.75% through June 2029. Fully renovated throughout, all suites offer modern finishes, heat pumps, and in-suite laundry, with most units featuring private balconies. A major value driver is the 5 units added around 2022, which are exempt from Ontario rent control and create outstanding future rental growth potential. Professionally managed and highly stabilized, this is a rare opportunity to acquire a low-maintenance, cash-flowing multifamily asset with built-in upside and favourable debt already in place. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

St. Catharines, Ontario

Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Brockville, Ontario

Rare chance to acquire a 24-unit Brockville multifamily asset offering immediate scale, stable in-place cash flow, and exceptional long-term upside at a 5.0% cap rate. The property features minimal landlord utility exposure with 24 hydro meters and 24 water meters, with nearly all tenants paying their own utilities. Major capital work has already been completed, including the 2022 roof, updated boiler system with new controls, backup boiler, and renovated suites with in-suite laundry. The true story here is the remarkable 61.6% gap-to-market rents, creating a clear path to substantial NOI growth and long-term equity appreciation in a strong Brockville location just off Highway 401. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Ottawa, Ontario

Discover an exceptional investment opportunity in the heart of the Glebe with this legal, fully turnkey, fully rented 5plex, essentially rebuilt from the ground up in 2017/2018. Featuring 2 spacious 2 bedroom units and 3 bright 1 bedroom units each equipped with in unit laundry. This property offers modern finishes, quality construction throughout, and strong tenant appeal. With stable long term tenants and annual rent increases already in place, the building provides reliable, steadily growing income. Ideally located just steps from shops, restaurants, parks, and the Canal, it sits in one of Ottawa’s most sought after rental markets. A rare chance to own a premium, low maintenance investment property in an unbeatable location a true value for investors seeking dependable returns and long term growth.View featured sheets for more information. 3 units will be vacant as of end of April/May 1st (currently looking for new tenants). (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

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:50982)

Ottawa, Ontario

Nestled in Sandy Hill, this triplex is a goldmine , generating approximately $72,084 in yearly rental income. It’s got everything: proximity to U of Ottawa, Rideau St amenities, grocery stores, and recreation. The property includes 194 & 196 Augusta – a duplex and a 3-bed home (easily convertible to 6 beds). 194 Augusta has two 1-bed units fully rented. This investment screams potential: hardwood floors, updated kitchens, windows, bathrooms, and wiring. Live on one side, rent the other – the choice is yours! (id:50982)

Ottawa, Ontario

Turnkey, fully leased six unit in the heart of Westboro an exceptional, one of a kind investment opportunity in one of Ottawa’s most desirable neighbourhoods. This property offers a maintenance-free exterior and showcases pride of ownership with high-quality materials and craftsmanship throughout. Thoughtfully designed with 9-foot ceilings, open riser staircases with sleek glass railings, and modern, open-concept layouts. Gourmet kitchens feature quartz countertops, stainless steel appliances, and ample cabinetry, while interiors are finished with wide plank hardwood and tile flooring. All units include air conditioning, in-unit laundry, private entrances, and spacious balconies equipped with natural gas BBQ hookups, providing a premium living experience for tenants. Ideally located within walking distance to shops, schools, transit, and some of Ottawa’s top restaurants, this property consistently attracts high-quality tenants. Currently fully occupied with strong tenant profiles, including several longer-term leases already in place. A rare opportunity to acquire a low-maintenance, income-generating asset in a prime location with lasting rental appeal. (id:50982)

Ottawa, Ontario

Prime Investment Opportunity in the Heart of The Glebe! This six-plex is located in one of Ottawa’s most sought-after neighbourhoods, The Glebe. With an extremely desirable location just steps to Bank Street, Lansdowne Park, shops, restaurants, transit, and the Rideau Canal, this property offers exceptional long-term value and rental appeal. Each of the six units features 1 bedroom and 1 bathroom, ideal for professionals and students alike. Tenants enjoy shared laundry and storage area in the basement. The property also includes 4 on-site parking spaces, a rare and valuable feature in this central location. Whether you’re expanding your portfolio or looking for a solid income-generating asset, this property combines location, functionality, and strong rental history- a true Glebe gem! (id:50982)

Ottawa, Ontario

Turnkey 4-unit income property in the heart of the Glebe generating $96,724 in gross annual income with a strong NOI of $73,705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa’s most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2,700/month, Unit 2 (second level 2 bed + den) at $2,500/month, Unit 3 (third level 1 bed) at $1,891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high. (id:50982)

Ottawa, Ontario

Rare opportunity in the heart of the Glebe! Located on a quiet, tree-lined street at the corner of O’Connor Street and Monkland Avenue, this versatile property is ideal for a medical practice with residential income above. The ground floor offers approximately 1,800 sq ft and is currently fitted for a doctor’s office, with excellent visibility and accessibility. Potential to convert into rental apartments instead if the next owner chooses. The second floor features a spacious 1,800 sq ft three-bedroom, one-bathroom apartment, while the third floor includes a two-bedroom apartment of approximately 800 sq ft. The unfinished basement provides generous storage, including two dedicated storage lockers for current residential tenants. Ample street parking available but also a dedicated garage and two driveway spots. Set in a spectacular Glebe location, this property is steps from Bank Street’s shops, cafes, and restaurants, and just a short walk to Lansdowne Park. A rare opportunity to combine professional space, residential living, and long-term investment in one of Ottawa’s most sought-after neighbourhoods. (id:50982)

Ottawa, Ontario

Rare opportunity in the heart of the Glebe! Located on a quiet, tree-lined street at the corner of O’Connor Street and Monkland Avenue, this versatile property is ideal for a medical practice with residential income above. The ground floor offers approximately 1,800 sq ft and is currently fitted for a doctor’s office, with excellent visibility and accessibility. Potential to convert into rental apartments instead if the next owner chooses. The second floor features a spacious 1,800 sq ft three-bedroom, one-bathroom apartment, while the third floor includes a two-bedroom apartment of approximately 800 sq ft. The unfinished basement provides generous storage, including two dedicated storage lockers for current residential tenants. Ample street parking available but also a dedicated garage and two driveway spots. Set in a spectacular Glebe location, this property is steps from Bank Street’s shops, cafes, and restaurants, and just a short walk to Lansdowne Park. A rare opportunity to combine professional space, residential living, and long-term investment in one of Ottawa’s most sought-after neighbourhoods. (id:50982)