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

Champlain, Ontario

Waterfront Triplex Investment – 3515 Front Road E, East Hawkesbury – $1,299,000. Rare 2023-built triplex on a peaceful bay of the Ottawa River. Three self-contained units, each with independent heating and cooling. Unit 1: bright 2-bedroom main residence with open-concept layout, kitchen with walk-in pantry and propane stove hookup, wood-burning fireplace, and a primary suite with private ensuite and balcony. Unit 2: 1-bedroom unit with full kitchen, open-concept living and dining areas, and a private balcony with gazebo. Unit 3: loft-style walkout unit with its own private entrance. Live in one unit and rent the others, or maximize all three income streams. Additional features include a double garage heated by propane, two driveways, a finished container storage shed, and a smoke-free building. Direct backyard access for kayaking, paddleboarding, boating and fishing on the Ottawa River. As a final bonus, approximately 1,300 sq. ft. of unused basement space offers endless potential for a home gym, entertainment area, or additional living space. (id:66888)

Alfred And Plantagenet, Ontario

Promotors, Developers and contractors here is your chance to build 298 doors, mixed from single dwellings, duplex, town homes, 8plex and good commercial highway space directly on the county rd 17. 30 minutes from Ottawa in a growing municipality. Surrounding the school boundaries makes it for a very desirable location. (id:66888)

Ottawa, Ontario

NET ALMOST $100K PER YEAR – 6.2% CAP RATE! Exceptional investment opportunity – 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 6.2%. (id:66888)

Ottawa, Ontario

Calling all investors and developers! Rare opportunity to own a 6-unit building on a double lot in the heart of Vanier. The property features five 2-bedroom units and one bachelor, with two units currently vacant, giving a new owner the opportunity to set their own rents from day one. There is plenty of upside with two additional units currently rented below market and potential to add a 7th unit in the basement, subject to buyer due diligence and approvals. The double lot also offers future redevelopment potential, with the possibility of replacing the existing building with two multi-unit buildings, subject to zoning, approvals and buyer due diligence. Located close to Montréal Road, Beechwood Avenue, shopping, restaurants, public transit and just minutes from downtown, St. Laurent Shopping Centre and Train Yards. Multiple ways to increase income and add value. See attached pro forma for additional financial details. (id:66888)

Ottawa, Ontario

Calling all investors and developers! Rare opportunity to own a 6-unit building on a double lot in the heart of Vanier. The property features five 2-bedroom units and one bachelor, with two units currently vacant, giving a new owner the opportunity to set their own rents from day one. There is plenty of upside with two additional units currently rented below market and potential to add a 7th unit in the basement, subject to buyer due diligence and approvals. The double lot also offers future redevelopment potential, with the possibility of replacing the existing building with two multi-unit buildings, subject to zoning, approvals and buyer due diligence. Located close to Montréal Road, Beechwood Avenue, shopping, restaurants, public transit and just minutes from downtown, St. Laurent Shopping Centre and Train Yards. Multiple ways to increase income and add value. See attached pro forma for additional financial details. (id:66888)

Ottawa, Ontario

CALLING ALL INVESTORS! 5 Condos for Sale and 5 Parking Spots Included. All tenanted properties with $9,400 of monthly income. Showings Mon-Fri 10AM-3PM ONLY. This includes Three Studios, One 1 Bed/Bath and One 2 Bed/1 bath. Parking is rented out for 250$/month additional. (id:66888)

Ottawa, Ontario

Visit the REALTOR website for further information about this Listing. Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa. The location offers access to Montfort Hospital, downtown, the University of Ottawa, ByWard Market, and Highway 417. The area is very popular with young professionals and students. 203 Marier is a fully rented triplex with three two-bedroom, one-bathroom units. It has five exterior storage lockers and coin-operated laundry in the basement. Updates include windows (2019), pavement and exterior cladding (2023), and the roof (2026). Two units are furnished. The boiler and hot water tanks are owned. 205 Marier is a fully rented fourplex with one two-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; and two one-bedroom, one-bathroom units. Updates include windows and the roof (2019), and pavement and exterior cladding (2023). The furnace and hot water tank are rented from Enercare. Approximate annual gross income is $157,800. Projected net operating income is approximately $122,000, which represents a 5.5% cap rate at the asking price. The properties are offered as-is. Easy Street Services manages the properties and is willing to continue, subject to an agreement with the buyer. Reported CM1 zoning may allow future development. (id:66888)

Ottawa, Ontario

RARELY AVAILABLE TUNNEY’S PASTURE FOURPLEX. Offered for the first time in approximately 40 years, 50 Holland Avenue presents a compelling investment in the heart of Wellington Village. This two-storey property features four fully furnished residential units, including a 2-bedroom, 1-bedroom and two bachelor-style units, along with four parking spaces, separately metered hydro and shared coin-operated laundry.Two of the four units are currently vacant, giving investors the flexibility to occupy a unit or lease both at current market rents.Adding to its investment potential, a lower-level storage area previously had a kitchen and already features its own bathroom, offering potential for conversion into a fifth bachelor unit, subject to approvals and permits. Recent capital improvements include a new roof and rear decks in 2023, plus an owned tankless hot water system and exterior paint completed in 2025.Location is a major draw, with Tunney’s Pasture Station only a 3-minute walk away and Wellington Street West, Hintonburg, restaurants, cafés, shops, parks and everyday amenities all nearby. With multiple rental income streams, value-add potential and excellent access to transit and downtown, 50 Holland Avenue offers investors a rare chance to secure a multi-residential property in one of Ottawa’s most connected urban neighbourhoods. Book your private showing today. (id:66888)

Ottawa, Ontario

Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented; tenants have been there for a while. Present zoning: R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $111,764.00, Expenses $32,759.00, Net $80,005.00. New roof (2018). Most of the windows (17 Windows) were replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on-site laundry, 4 balconies, corner lot 69′ x 62′. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood, within walking distance to Ottawa University. (id:66888)

The Nation, Ontario

An exceptional opportunity to acquire a modern, turnkey multifamily investment property consisting of two side-by-side four-unit buildings, constructed in 2022. Featuring a desirable unit mix of four spacious 3-bedroom units (1,375 sqft each) and four 2-bedroom units (1,250 sqft each), the property offers a total of 8 well-appointed residential units with modern finishes throughout, including quartz countertops, stainless steel appliances, and contemporary design. Additional amenities include 4 carports, providing convenient covered parking for residents and large driveways with ample space to accommodate 2 vehicles/unit. Fully occupied and generating rental income from day one, this property offers investors a rare opportunity to acquire a newer, low-maintenance asset with exceptional assumable CMHC financing featuring a 40-year amortization. The existing financing allows for an acquisition with approximately 13% down payment, providing investors with an attractive opportunity to leverage their capital while acquiring a modern multifamily asset. Ideally located just 35 minutes from Ottawa’s core, the property combines modern construction, large attractive unit layouts and convenient access to the city. An excellent addition to any multifamily portfolio, offering turnkey operations and highly attractive financing. (id:66888)

Ottawa, Ontario

Exceptional investment opportunity in desirable Manor Park! This turn-key five-unit apartment building offers an ideal unit mix, including one 3-bedroom unit, one 2-bedroom unit, two 1-bedroom units, and one bachelor unit. The units have been renovated with modern, quality finishes, updated appliances, in-unit laundry, and ample parking. This well-maintained property is perfectly suited for investors seeking stable cash flow with a gross annual income of approx. $100,483. Fully leased with strong rental demand in the area. Conveniently located close to St. Laurent Shopping Centre, Montfort Hospital, public transit, schools, parks, the Ottawa River, and amenities. Don’t miss this excellent opportunity to purchase a stable, income-generating property in a sought-after location. (id:66888)

Ottawa, Ontario

An exceptional investment opportunity in a prime Ottawa location. This meticulously maintained triplex comprises three renovated 3-bedroom units, each updated to a high standard with modern finishes and thoughtful layouts designed for comfort and functionality. The property has been extensively improved and offers strong income potential in both traditional and alternative rental configurations. Based on current market conditions, estimated rental income ranges from approximately $3,600-$4,800 per month per unit, representing a compelling opportunity for investors. All units are being sold unfurnished. Select furnishings may be made available by separate negotiation. A turnkey multi-unit asset offering flexibility, quality construction, and long-term value. (id:66888)