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

Ottawa, Ontario

Newly constructed 6-unit multiplex offering a rare opportunity to acquire a fully leased, turnkey income property in Ottawa.The building features a desirable unit mix of three 2-bedroom units and three 1-bedroom units, all currently rented, providing immediate and stable cash flow. Built with quality materials and contemporary finishes, this low-maintenance asset offers reduced capital expenditures and strong long-term rental appeal. Located in a growing and well-connected neighbourhood close to transit, parks, schools, and everyday amenities, ensuring consistent tenant demand. An exceptional addition to any investment portfolio – modern, stable, and built for long-term performance. (id:50982)

Ottawa, Ontario

Fully renovated 6-unit building, approximately 90% rebuilt with major capital expenditures completed in 2025. Completely vacant and exceptional value-add opportunity for investors or owner-occupants looking to establish market rents from day one.Each unit features modern finishes including melamine countertops, engineered wood flooring, and Samsung appliances (stove, refrigerator, dishwasher, and over-the-range microwave/hood fan included). Units are equipped with individual hot water tanks, air exchangers, and heat pumps, with primary heating via electric baseboards.The building offers a central fire protection system including an FX-4000 intelligent fire detection and voice evacuation system. Telecommunications wiring (Bell and Videotron) has already been installed in each unit. Each apartment has its own 100-amp electrical panel.Additional features include new rear balconies, crank-style windows, commercial-grade carpeting in common stairways, and solid concrete separation walls between left and right units for enhanced soundproofing and fire resistance.Turnkey asset with strong income potential and minimal capital expenditure required. Ideally located near services, public transit, and amenities.A rare opportunity on the Ottawa market. (id:50982)

Ottawa, Ontario

Incredible investment opportunity in the heart of Old Ottawa South! This fully tenanted multi-unit property sits on an expansive 30′ x 161′ lot and features a newer 3,000 sq. ft. addition, creating four self-contained apartments in total.The building includes one spacious 3-bedroom unit, two well-appointed 2-bedroom units, and one 1-bedroom unit. The original front unit has been tastefully updated with hardwood floors, granite countertops, modern cabinetry, and a renovated bathroom. It also features its own furnace (2020), A/C (2017), and rented hot water tank. The 2017 addition was thoughtfully constructed with two furnaces and two central A/C units. Additional improvements include roof (2017) and sump pump (2017). The property is serviced by 3 hydro meters, 3 gas meters, and 1 water meter. All units offer the convenience of in-unit laundry. Currently generating $11,349.31 in gross monthly rental income with a 6.3% cap rate. The property is legal as it stands, and the City of Ottawa has suggested potential for a 5-plex configuration, offering future upside for increased income. (id:50982)

Ottawa, Ontario

Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30′ x 161′ lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom – it has it’s own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%. (id:50982)

Ottawa, Ontario

Prime Triplex – Immediate Cash Flow & Upside in Ottawa’s Hottest Neighbourhood: Sandy Hill. This exceptional triplex at 460 Wilbrod Street offers proven income and strong appreciation potential in one of Ottawa’s most sought-after, walkable communities. The main level delivers a versatile 2-bath, 3-bedroom (or optional 4-bedroom) residence with dramatic 12-foot ceilings, a brilliant open floorplan, and an exclusive 3-tier deck designed for seamless outdoor entertaining. The second-floor unit captivates with 10 foot ceilings, a chef-grade kitchen, a unique sunken bedroom/studio accented by exposed brick, and two more large bedrooms, including a luxurious primary suite with private ensuite. The third-floor suite commands attention with an impressive rooftop deck, vast open-concept living space, and two well-proportioned bedrooms. The basement boosts revenue with three rentable bedrooms, a full bath, kitchenette, and profitable coin-operated laundry. A detached garage and ample surface parking elevate the asset’s appeal. Make your move for this investment gem. Fully leased units ensure instant cash flow and growth upside. Modern enhancements feature advanced exterior insulation for optimal energy savings and refined brick-veneer recladding. Three hydro meters streamline operations. Positioned mere steps from fine dining, art galleries, Parliament Hill, and the University of Ottawa. Ideal for smart investors maximizing returns. Secure your exclusive tour today and claim this standout opportunity. (id:50982)

Ottawa, Ontario

Welcome to 360 Friel Street an exceptional turnkey investment opportunity featuring 16 residential units with separate hydro meters, comprised of 9 fully renovated and refurbished units, 7 newly constructed additional units (recently completed). Unit Breakdown: 1 Three-Bedroom Unit, 3 Two-Bedroom Units, 2 One-Bedroom Units, 10 Studio Units. All units are fully furnished and separately metered, offering operational efficiency, reduced utility risk, and strong tenant appeal. The seller is willing to lease all units, providing investors with a stabilized, income-producing asset from day one. Income Overview Projected Residential Rental Income: $402,420.00, Parking Income: $1,800.00, Laundry Income: $3,780.00, Total Projected Gross Income:$408,000.00, Annually Projected 2026 Operating Expenses Vacancy (2%) – $8,084.00, Property Taxes (5.42%) – $21,484.00, Utilities (5.82%) – $23,064.00 (Heat, Water, Hydro) Repairs & Maintenance (4%) – $15,845.00, Property Management (3.96%) – $15,687.00, Property Insurance (6.85%) – $27,125.00Advertising (0.5%) – $1,981.00, Total Projected Operating Expenses: $113,270.00. Financial Summary – Gross Income: $408,000.00, Less Operating Expenses: $113,270.00, Estimated Net Operating Income (NOI): $294,690.00 annually. This newly completed, fully furnished multi-unit property presents a rare opportunity to acquire a modern, income-generating asset with strong projected returns and long-term growth potential. (id:50982)

Ottawa, Ontario

**Listing price is one building only** Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 more units(in the lower levels!), 3 buildings are side-by-side on 3 large lots offering you 12 x 2 bedroom apartments and 6 x 1 bedroom apartments. Rents are low but have potential for increasing. 15 min bus ride to the University of Ottawa and Parliament Hill! Each building was recently(2022) appraised for $1,500,000 each. ($4,500,000 for all 3 buildings). Call today! Please visit the REALTOR website for further information about this Listing. (id:50982)

Ottawa, Ontario

Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 more units(in the lower levels!), 3 buildings are side-by-side on 3 large lots offering you 12 x 2 bedroom apartments and 6 x 1 bedroom apartments. Rents are low but have potential for increasing. 15 min bus ride to the University of Ottawa and Parliament Hill! Each building was recently(2022) appraised for $1,500,000 each. ($4,500,000 for all 3 buildings). Call today! Please visit the REALTOR website for further information about this Listing. (id:50982)

Ottawa, Ontario

Westboro in your portfolio! Outstanding all brick purpose built triplex desirably situated on a 49.02′ x 66.0′ lot. Spacious units. 2 x two-bedroom units and 1 x one-bedroom. Two driveways, plenty of parking. Separate hydro meters. All units have A/C. Recently refreshed units with third unit added to basement in 2024. Upside: coach house can be added to the backyard. Existing income is excellent. This is a generational asset in a premium location. (id:50982)

Ottawa, Ontario

Brand new purpose-built triplex in a highly desirable neighborhood, designed for long-term rental income or owner-occupier with two rental suites. Modern construction, low-maintenance finishes, and thoughtful floorplans make this an ideal investment or multi-family home. Each unit is separately metered for hydro with independent HVAC and HRV equipment. This exceptional triplex offers a rare opportunity in one of the city’s most sought-after neighborhoods. Ideally situated just steps from top-rated schools, convenient shopping, and a full range of amenities, it also provides easy access to the scenic canal-perfect for walking, cycling, and year-round recreation. (id:50982)

Mississippi Mills, Ontario

Purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Ottawa. This modern three-storey asset features a strong and practical unit mix comprised of 17 two-bedroom units, 2 one-bedroom units, and 5 three-bedroom units, and is serviced by an elevator, making it attractive to a broad range of tenants and long-term demographic demand.Suites range from approximately 650 to 955 square feet and feature efficient, open-concept layouts. Units are finished with laminate flooring, are equipped with fridge, stove, dishwasher, and window coverings. Coinamatic’s modern laundry facilities are conveniently located on every floor.From an operational standpoint, the property is designed for efficiency and ease of management. Tenants pay hydro, while the landlord pays gas heat, water, and sewer. The site offers approximately 30 parking spaces plus 5 visitor parking, with additional street parking available. Security features include controlled entry with intercom and camera-monitored common areas.As a newer construction, the property has benefited from favourable property tax treatment applicable to new multi-residential rental developments, subject to municipal tax classifications. In addition, as a post-2018 construction, the building benefits from rent control exemption, providing meaningful long-term income growth potential.Ideally situated within walking distance to grocery stores, pharmacies, restaurants, banks, parks, coffee shops, and essential services, the property benefits from Almonte’s continued population growth and proximity to Ottawa’s west end.A modern, scalable multifamily asset offering strong fundamentals, durable construction, and long-term stability in a supply-constrained rental market. (id:50982)

Ottawa, Ontario

TURN KEY Investment property in Sandy Hill! Each unit has been taken back to the studs & completely renovated while keeping the rare heritage touches. Gorgeous brick accent walls, magazine worthy kitchen renovations, in-suite laundry & dishwashers in all units- quality & style united! No detail was overlooked & No expense was spared. current NOI of $68,948. 3 parking spots for your tenants or for future extra income. Beyond the stylish interior, the exterior is also completely updated using high quality materials & finishes. Each unit was restored to current ESA & OBC codes. City of Ottawa Building permit & ESA permit available. Ideally located for urban professionals, students, or those who seek the lifestyle of being able to walk everywhere. See attached Information Sheet for property details and financials. (id:50982)