Multi-Family Listings

7 unit apartment building, purpose built in 1990. All apartments are 1 bedrooms with similar layouts, open concept kitchen and living area, large windows, hardwood floors, all tenants pay their own heat, 4 piece bathrooms, above grade apartments have balconies, at grade have patios, one basement apartment. Apartments have been well maintained, stainless steel appliances, always high demand given the parking. Basement laundry room, storage lockers. (id:5764)

346 Winona Avenue, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$880,000

X14113418 MLS® #

BUILD YOUR NEXT INVESTMENT-SIX-UNIT DEVELOPMENT OPPORTUNITY! Offered at $880,000, this partially completed six-plex project presents an opportunity for a builder or investor to take over construction already underway. The purchase includes all architectural plans, engineering plans and reports, building permits and associated project documentation, providing a valuable head start toward the next phase of development. Situated on a generous, exceptionally deep lot, the proposed six-apartment building offers the potential to create a substantial rental property, with ample space at the rear for planned parking. Bring your construction expertise and investment vision to complete the project and realize its potential. Seller welcomes offers. Buyer to verify the status and transferability of permits, required approvals, work completed and remaining construction requirements. (id:5764)

3 Tauvette Street East, Ottawa

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.

$2,200,000

8 Baths ⋅ X14112158 MLS® #

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 potentially allow future development. (id:5764)

203-205 Marier Avenue, Ottawa

Listing courtesy of EASY LIST REALTY LTD..

$537,000

4 Beds ⋅ 3 Baths ⋅ X14112688 MLS® #

Discover the Lotus Duplex Model by Solico Homes, a modern and versatile property offering the perfect blend of lifestyle and income potential!! Potential monthly income of $1050/month for the lower unit. Great investment opportunity Ideal for owner-occupiers or investors, this thoughtfully designed duplex delivers space, functionality, and flexibility in a family-friendly community. The main unit features 1,464 sq. ft. of bright, open-concept living space, complete with 3 bedrooms, 1 full bathroom, and a convenient powder room. The spacious layout is designed for everyday living and entertaining, highlighted by an impressive 12-ft patio door that floods the main floor with natural light and creates a seamless connection to the outdoors. The lower level offers a fully self-contained secondary unit (approx. 733 sq. ft.) with a separate entrance, 1 bedroom, and 1 bathroom-perfect for generating rental income, accommodating extended family, or creating a private in-law suite. Situated in a desirable, family-oriented neighbourhood, this home is close to parks, schools, and essential amenities, making it an excellent choice for both homeowners and tenants alike. Customize your finishes and create a home that reflects your personal style while maximizing long-term value. All applicable credits have already been applied to the listed prices. The builder has directly applied the credit based on the information currently available under the new government program. Should the government modify the process and require the credit to be claimed directly by the buyer, the price will be adjusted accordingly. (id:5764)

231 Carpe Street, Casselman

Listing courtesy of EXP REALTY.

418 College Street, Kingston (Central City East)

$1,049,000

8 Beds ⋅ 3 Baths ⋅ X14109912 MLS® #

Incredible Value for this Purpose - built, legal triplex in superb condition - perfect for either owner-occupied with income or to add to your investment portfolio. With a fantastic downtown, south side location & ideally situated in a beautiful, mature neighbourhood, this very well maintained and upgraded triplex is truly turnkey. Fully leased, and with hardwood throughout, it provides rental income immediately for a seamless and solid investment opportunity. The property consists of 2 very large 3 bedroom units on the main & upper floors and a 2 bedroom on the lower level. The main & upper level have mirrored layouts with a spacious & bright living / dining area with oversized windows, updated kitchen, 3 generously sized bedrooms and a 4 piece bath. The ceiling on the main floor unit has been soundproofed and has been owner occupied. Lower level has full sized windows, updated kitchen, good sized living room/ dining room and a 4 piece bath. Plenty of parking and a 2 car detached garage on this large lot. Shared coin operated laundry in lower level and dishwashers in each unit. Recent updates to this impressive turnkey property include: New Furnace, Upgraded Electrical panel to 200 AMP, Central Air Conditioning and the triplex just had a new asphalt shingles applied to the roof.All units has been freshly painted when needed. Excellent return & cap rate. Ideally located between Queen's University, St Lawrence College and the Teacher's College , Restaurants, Coffee shops/ Cafes, Grocery, Pharmacy, Entertainment and all amenities, this property attracts quality tenants and ensures consistent returns. This is a solid turn key Triplex in a incredible prime neighbourhood location - this is a must see! Don't miss out on this great opportunity! Check out the Virtual Tour link - IGuide to see this amazing Triplex.This is the one you've been waiting for - Schedule your viewing today. (id:5764)

418 College Street, Kingston (Central City East)

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$469,000

3 Beds ⋅ 3 Baths ⋅ X14107812 MLS® #

This updated semi-detached with heritage style is a triplex in the historic part of L'Orignal. With a commercial space fronting on King Street, a 2-bedroom apartment with a riverview balcony on the second floor and a one-bedroom main floor apartment at the rear, this triplex can pay for itself. Flexibility is yours, with the commercial space available to new owners if desired. The spacious two-bedroom apartment on the second storey includes an extra room which could be a third bedroom and will be vacant on November 15, 2026. Rear one-bedroom apartment rent is: $785 all included. Upstairs apartment rent was $1600 per mo. with tenant paying Hydro. Commercial space was $1500 per month, all included. Commercial tenant can stay on, or vacate for new owners. Furnace, AC, HWT, all rented from Enercare at $230 per month. Contract is transferable. 24 hours' notice for tenants required for showings. 24 hours irrevocable on all offers. (id:5764)

1044-1046 King Street, Champlain

Listing courtesy of RE/MAX DELTA REALTY.

$724,900

4 Beds ⋅ 3 Baths ⋅ X14106730 MLS® #

***OPEN HOUSE SUNDAY FROM 2-4 PM @ 2529 GRAY CRES, ROCKLAND.*** Home fully built and ready for immediate possession ! This "Azur" model is a purpose-built 2-storey home featuring a legal secondary dwelling unit. The main unit boasts 1,744 sq/ft of living space, 3 bedrooms, 1.5 baths, a 2-car garage, an open-concept layout, and beautiful finishes throughout, with central air conditioning included in the purchase price. The basement unit features 1 bedroom, 1 bath, a separate entrance, and is fully legal and self-contained from the main unit. Situated on a premium pie-shaped lot, the home offers an oversized backyard with plenty of space to enjoy the outdoors. Located in Morris Village, a newly developed community offering the perfect blend of tranquility, nearby amenities, and a convenient 25-minute drive to Ottawa. Built by Landric Homes (the multi-award-winning ''Construction LaVerendrye'' in Quebec), renowned for their craftsmanship, reliability, and on-time project delivery, this home reflects the standard they bring to every community they build. Price shown is net of new rebates; such rebates are subject to the enactment of federal and provincial legislation, and the purchase price is at all times subject to the terms of any Agreement of Purchase and Sale between the builder and the buyer. (id:5764)

1367 DIAMOND Street, Clarence-Rockland

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$799,500

7 Beds ⋅ 4 Baths ⋅ X14106156 MLS® #

EXCEPTIONAL INVESTMENT OPPORTUNITY - POTENTIAL FOURPLEX CONVERSION IN DOWNTOWN CORNWALL! Discover the outstanding investment potential of this beautifully renovated, character-filled property located at 117 First Street East, in the heart of downtown Cornwall. Featuring approximately 3,860 sq. ft. of above-grade space across three levels, this versatile building offers an excellent opportunity for investors seeking to establish a four-unit multifamily residential income property. Previously configured into four separate units, the building features multiple kitchens, bathrooms, spacious living areas, and flexible floor plans, offering significant potential for conversion into four self-contained residential apartments. The property's Central Business District (CBD) zoning permits a wide range of residential and commercial uses, including quadruplex dwellings and apartment buildings, subject to applicable municipal requirements and approvals. Situated on a generous approximately 55 ft. 150 ft. lot with ample on-site parking, the property combines a timeless stone façade with attractive interior renovations and a highly desirable downtown location. Conveniently located near shopping, restaurants, schools, professional services, public transit, and Cornwall's scenic waterfront. Whether you are an experienced investor looking to expand your rental portfolio or a buyer seeking a value-add redevelopment opportunity, this property offers exceptional flexibility and long-term income potential. A rare opportunity to transform a distinctive downtown property into a multifamily residential investment! (id:5764)

117 First Street East, Cornwall

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$1,550,000

6 Beds ⋅ 3 Baths ⋅ X14101292 MLS® #

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:5764)

388 Winston Avenue, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,479,900

4 Beds ⋅ 4 Baths ⋅ X14097568 MLS® #

33 Argyle Street offers more than a multi-unit property: it combines real estate, income and flexibility in the heart of Ottawa's Golden Triangle. This classic three-storey red brick triplex sits on a 33' x 99' lot with multiple parking spaces, a private backyard and an additional 4th bachelor suite in the lower level. Over nearly a decade, the owners have carefully maintained and improved the property to the tune of nearly $200,000, in addition to an extensive remodel carried out in approx 2013. All while building a fully licensed short-term rental operation with an established five-star Airbnb track record generating more than six figures in annual revenue. The main level suite features a 1-bedroom suite with additional Murphy-bed sleeping capacity. The second floor suite offers a flexible 2-bedroom layout, while the third level includes a bright 1-bedroom apartment with ductless A/C and a well-equipped kitchen. The basement, newly finished in recent years, offers a 4th separate bachelor suite. Continue the existing short-term rental model, transition to conventional tenancies, or explore an owner-occupied approach great for house-hacking or multi-generational living. Just steps from Elgin Street, the Rideau Canal, the Museum of Nature, downtown and Parliament Hill. (id:5764)

33 Argyle Avenue, Ottawa

Listing courtesy of REAL BROKER ONTARIO LTD..

$850,000

4 Beds ⋅ 3 Baths ⋅ X14098108 MLS® #

Welcome to 31A Pritchard Drive, a beautifully updated 4 bedroom, 2 bathroom main level home in the heart of desirable Manordale. Offering over 1,800 square feet of finished living space, this bright and spacious residence features hardwood flooring, an open concept living and dining area, and a modern kitchen designed for everyday living and entertaining. The inviting living room is highlighted by a sleek built in electric fireplace, creating a warm and stylish focal point. The finished lower level provides a large family room plus a versatile bonus space that is ideal for a home office, gym, playroom, or guest area. Enjoy access to a generous shared backyard surrounded by mature trees, along with private in unit laundry and ample parking. Conveniently located near schools, parks, shopping, transit, and major routes, this move in ready home offers comfort, flexibility, and an excellent west Ottawa location. (id:5764)

31 Pritchard Drive, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$550,000

5 Beds ⋅ 3 Baths ⋅ X14095550 MLS® #

Detached homes at this price are hard to find. 137 Genest Street is a freehold front-to-back duplex with over 1,900 square feet above grade. The front unit was built in 1932, and the back section was added decades later. Each unit has its own living and dining space, with five bedrooms and 2.5 bathrooms in total (one full bath in the front, 1.5 in the back). Live in one unit and rent the other to offset your mortgage. Bring the extended family together under one roof. Or hold it as a straight investment. The deep lot has room for gardening, pets, or a quiet afternoon outside. A detached garage adds storage and parking, and there are no condo fees. The same family has owned and cared for the home since the 1960s. Vanier puts you just east of downtown, close to local schools, the independent shops along Beechwood Avenue, and the pathways along the Rideau River. (id:5764)

137 Genest Street, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$499,000

10 Beds ⋅ 6 Baths ⋅ X14094346 MLS® #

OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2.1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew. Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer... RENTS (all inclusive) aprx. $78,955.92 per annum. Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025). Please do not visit the property without a booked showing appointment. (id:5764)

4494 River Road, Horton

Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC..

$2,250,000

8 Beds ⋅ 8 Baths ⋅ X14092788 MLS® #

Exceptional Purpose-Built Fourplex in Sought-After Westboro. An outstanding opportunity to own a custom-built, three-storey fourplex in the highly desirable, walkable community of Westboro. Offering over 4,000 square feet above grade and built in 2018, this impressive income property combines quality construction, upscale finishes, and exceptional investment potential. Each luxury two-bedroom, two-bathroom unit features a bright, open-concept layout, ensuite bathrooms, in-unit laundry, quartz countertops, and high-quality finishes throughout. Spacious private balconies enhance the above-grade units. Separate heating and hydro help streamline utility management. Ideal for investors, owner-occupiers, or multi-generational families, this versatile property offers the opportunity to live in one unit while generating rental income from the remaining three, or to maximize its potential as a pure investment property. Annual rental income of $128,628. Two parking spaces are located at the rear. Walkable amenities, shops, restaurants, and convenient access to transit, this is a rare opportunity to acquire a substantial, high-quality multi-unit property in one of Ottawa's most sought-after neighbourhoods (id:5764)

574 Byron Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$499,000

4 Beds ⋅ 3 Baths ⋅ X14091262 MLS® #

Welcome to 105 Jolliet Avenue, a renovated income property ideally located just steps from the shops, cafés, and restaurants of Beechwood Village. This legal duplex also includes a third non permitted unit, offering investors or owner occupiers a strong combination of existing rental income, flexibility, and long term upside in one of Ottawa's most desirable urban neighbourhoods. The property features three updated living spaces with bright interiors, functional layouts, modern kitchens, and stylish finishes. The main unit is currently vacant and ready for an owner occupier, while the upper and lower units provide immediate rental income. On site parking and a desirable corner lot further add to the property's appeal. The upper unit is currently rented for $1,900 per month all inclusive, with a lease in place until September 2026. The lower unit is rented for $1,300 per month plus hydro. The main unit is rented for $2,000 per month all inclusive, beginning September 1st, 2026, giving the property a gross rental income of approximately $62,400 annually if fully leased. Monthly operating costs include approximately $200 for hydro, $200 for water, $150 for gas, $143.53 for the Reliance rental furnace, air conditioner, and hot water tank, and approximately $250 for insurance. Whether you are looking to live in one unit while offsetting your mortgage with rental income or add a renovated multi unit property to your portfolio, 105 Jolliet Avenue offers immediate income today with strong long term potential in a neighbourhood surrounded by continued infill and redevelopment. (id:5764)

105 Jolliet Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$799,000

X14090292 MLS® #

Featuring six self-contained residential units, this building has been carefully maintained both inside and out, offering peace of mind and long-term value. All units are currently fully tenanted, providing a consistent and reliable cash flow from day one. 6 Residential Units, 100% Occupancy, Strong Rental History, Low Maintenance, Excellent Income Generator. Located in a quiet, residential area with convenient access to local amenities, this property is a rare find in a growing rental market. Whether you're a seasoned investor or just starting to build your portfolio, this is an asset worth serious consideration. Financials available upon request. Listing agent is a part owner. 48 hrs notice for showings. (id:5764)

11 Albert Street, Laurentian Hills

Listing courtesy of EXP REALTY.

$679,000

4 Beds ⋅ 4 Baths ⋅ X14091048 MLS® #

Live! Earn! Develop! Just Steps from Beechwood Village! Ideally located in vibrant Vanier, just minutes' walk from the shops, cafés, restaurants, and amenities of sought-after Beechwood Village, 44 Ste-Cécile offers an exceptional combination of lifestyle, rental income, and redevelopment potential. Perfect for homeowners seeking a mortgage helper, investors, or developers.The spacious main residence offers the comfort, character, and privacy of a detached home, featuring two full bathrooms, a powder room, and a generous primary bedroom with an ensuite and walk-in closet-features rarely found in traditional duplexes. A separate, self-contained secondary unit with one bedroom and bonus area on a separate level, bathroom, living room and good sized kitchen, provides rental income, with potential gross annual revenue of approximately $42,000 when both units are rented (tenants responsible for utilities). The main residence is currently vacant but has a strong rental history, while the secondary unit rents for $1,400/month + utilities. Both units have historically been fully rented. Added conveniences include air conditioning in the main residence and separate in-unit laundry for both spaces. Set on an approximately 40 x 100 ft lot, the property offers significant redevelopment potential. The upgraded N4B H(11) zoning (per GeoOttawa/to be verified by Buyer) supports residential intensification and multi-unit development, with an 11-metre height designation, subject to applicable zoning requirements and municipal approvals. Enjoy easy access to Rockcliffe Park, downtown Ottawa, the ByWard Market, the Rideau River, public transit, and scenic cycling paths. Live comfortably, earn rental income, or unlock future development potential-all within walking distance of Beechwood Village! Unit 2 is tenant-occupied. Minimum 24 hours' notice required for showings. (id:5764)

44 Ste Cecile Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$750,000

X14089798 MLS® #

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urbancores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms eachrented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location.Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility. (id:5764)

322-324 Queen Mary Street, Ottawa

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.

154-156 Beckwith Street North, Smiths Falls

$399,900

7 Beds ⋅ 3 Baths ⋅ X14089200 MLS® #

Investment opportunity in Smiths Falls with a projected cap rate of 9.59%! Large side-by-side updated 2 storey duplex is separately metered & consists of one 4 bedroom, 1.5 bath unit & one 3 bedroom, 1bath unit. Choose your own tenants on the vacant side and assume the tenants paying market rent on the other OR move in and enjoy while having a mortgage helper. 154 Beckwith is rented for $1,850/month and all utilities paid by the tenant. An open dining and living space with powder room on main level. Kitchen & laundry are renovated with new backsplash, sink and faucet. All appliances are owned by the tenant. Upstairs are 4 beds & a 4pc bath. Freshly painted with new laminate flooring, all exterior doors, deck & HWT (all in 2023), back porch, attached storage/workshop, detached shed, large yard, parking for 4 vehicles. 156 is currently vacant and just underwent $35,000 in renovations including all brand new flooring, paint, carpet on the stairs, a new toilet, a new vanity, and all new appliances. This side offers 3 bedrooms and a 4pc bath with large yard, back enclosed porch, parking for 2 & plenty of storage space. Projected market rent for this unit is $2,000/month. Other building updates include: electrical (2010), newer windows, roof (2013), storage/workshop roof (2021), foundation re-parged. Excellent location, walking distance to downtown Smiths Falls and easy access to Highway 15 and commuting into the city. 24hrs irrevocable on all offers. (id:5764)

154-156 Beckwith Street North, Smiths Falls

Listing courtesy of CENTURY 21 SYNERGY REALTY INC..

$1,350,000

8 Beds ⋅ 4 Baths ⋅ X14085516 MLS® #

Don't miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintained, convenient walkable location attracts high-quality tenants. Severance into two semi-detached duplexes is also an option with separate hydro, furnaces, and water meters. Each semi has a one-bedroom main floor unit with full basement, laundry & rear deck + a three-bedroom 2nd/3rd floor unit with front porch. Income $107k. Parking for 6 vehicles at rear of property means additional parking income.An exceptional asset in an urban setting . Whether you're looking to expand your investment portfolio, create multi-generational housing, or generate income while living downtown, this property offers tons of versatility. (id:5764)

486-488 Lisgar Street, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$350,000

2 Beds ⋅ 2 Baths ⋅ X14080890 MLS® #

Invest in an established income property in a location that offers everyday convenience, simplicity and long term appeal. Situated on a quiet cul de sac just steps from the St. Lawrence River, this fully tenanted, one storey Morrisburg duplex features two one bedroom units and established rental income. The single level layout, manageable one bedroom units, in unit laundry and private parking create a practical, comfortable setup that may appeal to tenants looking for simpler, low maintenance living. The Morrisburg Boat Launch and public dock are approximately 250 metres away, about a four minute walk, with Morrisburg Waterfront Park, the beach, library, curling club, arena, theatre, baseball diamonds, golf course and riverfront walking paths all nearby. Shopping, restaurants, essential services and Highway 401 are also within easy reach, adding to the convenience of the location. For an investor seeking a fully occupied Eastern Ontario duplex with established tenancy, practical one level living and strong access to community amenities, this property offers a straightforward addition to consider for your portfolio. Lease documents and available income and expense information are available through the Listing Representative for review. (id:5764)

14 Gibson Lane, South Dundas

Listing courtesy of EXIT REALTY MATRIX.

$974,900

4 Beds ⋅ 4 Baths ⋅ X14080596 MLS® #

Rare purpose-built 4-plex in the heart of Hintonburg, one of Ottawa's most sought-after urban neighbourhoods. All four self-contained one-bedroom units are fully tenanted, with three units offering the added benefit of two separate entrances. Each unit comes with its own dedicated parking space, accessed via rear lane. The separate unfinished basement presents a straightforward opportunity to add coin-operated laundry and generate additional income. Zoned R4H within a Major Transit Station Area, this property offers strong holding income today and compelling future development potential. Walk to Bayview LRT, Hintonburg's independent shops, cafés, and restaurants. A great investment in a location where demand doesn't slow down. (id:5764)

64 Bayswater Avenue, Ottawa

Listing courtesy of THE AGENCY OTTAWA.

$925,000

6 Beds ⋅ 4 Baths ⋅ X14029370 MLS® #

Rare opportunity to own a side-by-side duplex in an exciting up-and-coming neighbourhood! Vacant side-by-side duplex, ready for multiple opportunities, use your imagination! Situated on a spacious lot in a centrally located area just minutes from the LRT, shopping, restaurants, schools and everyday amenities, this property offers exceptional flexibility for investors and owner-occupants alike. Each vacant unit features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. The utilities are all metered separately. With both units vacant, you have the rare advantage of setting your own rents from day one, renovating to maximize value, or moving into one side while generating income from the other. Inside, both homes offer welcoming front foyers with convenient closet space, main floor powder rooms, and spacious, functional living areas perfect for families or tenants. Patio doors lead directly to the private backyard oasis, creating an ideal indoor-outdoor lifestyle. Upstairs, each unit boasts an oversized primary bedroom with a comfortable sitting area and direct access to the full bathroom, while the second and third bedrooms are generously sized to accommodate double beds with ease. Surrounded by homes undergoing extensive renovations and new construction, this rapidly transforming neighbourhood continues to attract homeowners and investors alike, making this an outstanding opportunity to build long-term wealth in a location with tremendous upside. Whether you're looking to expand your investment portfolio, renovate for increased value, or enjoy the financial advantages of living in one unit while renting the other, this versatile property offers endless possibilities at exceptional value. Book your showing today! (id:5764)

1991 Banff Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,999,000

9 Beds ⋅ 6 Baths ⋅ X14020934 MLS® #

Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.83%. It has been continuously occupied since the current owner's purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city. (id:5764)

161-163 Gilmour Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,495,000

4 Beds ⋅ 4 Baths ⋅ X14012502 MLS® #

A newly built triplex with modern design, functional living spaces, and strong investment potential in the heart of Vanier. With 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. and features a bright, open-concept layout. The main level brings together the living room, dining area, and contemporary kitchen with a centre island, along with convenient in-unit laundry. Upstairs are two bedrooms and a full bathroom, including a generous primary bedroom. The additional units are thoughtfully designed to maximize space and functionality. One offers approximately 542 sq. ft. with an open-concept kitchen and living area, one bedroom and a full bathroom. The third residence provides approximately 558 sq. ft., featuring one bedroom, a full bathroom, an open-concept kitchen and living area, plus 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, and recreation make this a convenient place to call home and 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:5764)

207 Carillon Street, Ottawa

Listing courtesy of RE/MAX PRIME PROPERTIES.

$2,275,000

6 Beds ⋅ 7 Baths ⋅ X13886688 MLS® #

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. (id:5764)

10 Chestnut Street, Ottawa

Listing courtesy of OTTAWA PROPERTY GROUP REALTY INC..

$2,250,000

8 Beds ⋅ 8 Baths ⋅ X13886316 MLS® #

Exceptional Purpose-Built Fourplex in Sought-After Westboro. An outstanding opportunity to own a custom-built, three-storey fourplex in the highly desirable, walkable community of Westboro. Offering over 4,000 square feet above grade and built in 2018, this impressive income property combines quality construction, upscale finishes, and exceptional investment potential. Each luxury two-bedroom, two-bathroom unit features a bright, open-concept layout, ensuite bathrooms, in-unit laundry, quartz countertops, and high-quality finishes throughout. Spacious private balconies enhance the above-grade units. Separate heating and hydro help streamline utility management. Ideal for investors, owner-occupiers, or multi-generational families, this versatile property offers the opportunity to live in one unit while generating rental income from the remaining three, or to maximize its potential as a pure investment property. Annual rental income of $127,548. Two parking spaces are located at the rear. Walkable amenities, shops, restaurants, and convenient access to transit, this is a rare opportunity to acquire a substantial, high-quality multi-unit property in one of Ottawa's most sought-after neighbourhoods. (id:5764)

574 Byron Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

3256 Principale Street, Alfred and Plantagenet

$2,500,000

X13879606 MLS® #

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:5764)

3256 Principale Street, Alfred and Plantagenet

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$789,900

6 Beds ⋅ 3 Baths ⋅ X13879244 MLS® #

Income-producing investment opportunity in a convenient central Ottawa location. This fully tenanted triplex features three spacious 2-bedroom units and generates approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711. Each unit offers in-suite laundry and dedicated parking, plus a fourth parking space with additional income potential. The property is efficiently configured with three separate hydro meters, with tenants in Units 2 and 3 paying their own hydro. Recent improvements include rear metal stairs completed in 2025, a new rented furnace installed in 2026, updated interior doors, refreshed bathroom finishes, and LED lighting upgrades. The units offer functional layouts, hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration provides strong rental appeal for a wide range of tenants. Ideally located close to Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. A solid opportunity for investors looking for immediate rental income and long-term potential in a well-connected Ottawa location. Some interior photos were taken prior to the current tenancy. (id:5764)

298 Montfort Street, Ottawa

Listing courtesy of RIGHT AT HOME REALTY.

$1,589,000

10 Beds ⋅ 5 Baths ⋅ X13879142 MLS® #

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:5764)

206 Blackburn Avenue, Ottawa

Listing courtesy of AVENUE NORTH REALTY INC..

Investor's Corner: Multi-Family Properties

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