Quick Multi-Unit Property Search

Investor's Corner: Multi-Family Properties

Listed below you will see multi-family investment properties for sale. If you want a comprehensive report featuring a thorough financial breakdown or would like a personal tour, please contact us today. If you would like to see YOUR income property listed below, please give us a call at (613) 884-5544 to receive a personal in-home consultation or click here to get your FREE home analysis.

$874,900
5 Beds 3 Baths X13600974 MLS® #
***Open House: Sunday, 2 August, 2026 from 2:00 pm to 4:00 pm*** Move-in ready legal duplex tucked away on a tranquil, tree-lined street in sought-after Riverside Park, just minutes from Mooney's Bay and located on a prime corner lot. This versatile property is ideal for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income, with projected rental income of approximately $2,700/month for the upper unit and $2,200/month for the lower unit. Recently converted into a legal duplex, with the lower-level unit completed in July 2025, this well-maintained property is close to parks, schools, shopping, transit, and everyday amenities. Enjoy easy access to the Walkley O-Train Station (approx. 6-minute bike ride) and the Ottawa International Airport (approx. 6-minute drive). The bright main level features a spacious living room with hardwood floors, dining area, updated kitchen (2013), renovated 4-piece bathroom (2014) and three generous bedrooms with updated windows (2017). The newly finished lower-level unit offers a bright living area, two bedrooms, and 1.5 bathrooms, making it ideal for tenants or extended family. A locked utility room provides separate washers and dryers for each unit. Additional features include a shared furnace, central A/C, owned hot water tank, and a 200-amp electrical panel upgraded in 2025. Outside, enjoy a fully fenced backyard, carport and double driveway with parking for up to five vehicles. Major updates include the legal duplex conversion (2025), 200-amp electrical panel (2025), roof (2010), furnace (2013), central A/C (2013), main-level kitchen (2013), main-level bathroom (2014), and updated windows throughout (2017). Approximate monthly utilities are $324. Occupancy permit for the duplex conversion is available on file. Some photos have been digitally staged. (id:5764)

933 Kincaid Court, Ottawa

Listing courtesy of ONE PERCENT REALTY LTD..

$1,595,000
7 Beds 3 Baths X13598016 MLS® #
This Glebe property has 3 self-contained units, each with its own heating/cooling, hot water tank, laundry, hydro, gas and water metering - a major operational advantage rarely found in older central Ottawa multi-unit properties. Substantially redeveloped between 2021 and 2022, the property features major updates to plumbing, electrical, windows, bathrooms, kitchens, appliances, insulation, lighting and mechanical systems. Plumbing was completely replaced, all light fixtures were updated, and LED lighting runs throughout. The basement was waterproofed with interior wrap, weeping tile and sump pit, then spray foam insulated; the attic was upgraded with cellulose insulation. Water meter increased to 3/4 inch. Ask for the full list of updates!The main floor 2-bedroom unit is leased month-to-month at $2,520/month plus utilities and includes the front parking pad. The basement unit is leased until the end of August at $2,000/month including utilities, with no parking. The top unit is owner-occupied, creating an excellent opportunity for an owner-occupier, multi-generational living, or investor seeking future rental upside. Private driveway and carport-style garage. Turn-key property done top to bottom with over 3,100 sq.ft of finished living space. Convenient Glebe location with easy access to Lansdowne, the Canal, parks, restaurants, shops and transit. A clean, income-producing Glebe asset with the hard, expensive work already completed. Fully rented estimated NOI approximately $70K. 24 hours' notice required for showings. 24 hours irrevocable on all offers. (id:5764)

63 Findlay Avenue, Ottawa

Listing courtesy of REVEL REALTY INC..

$1,165,000
5 Beds 3 Baths X13597258 MLS® #
Welcome to eclectic & historic Centertown! This COMPLETELY RENOVATED 3-unit Victorian home exudes charm & character with its high ceilings, beautifully refinished original wood floors, period details such as recreated trim work and elegant light fixtures throughout. Spacious and sunny, it offers 3 units over 4 levels. The 1st floor features a grand studio apartment (easily converts to a 1 bed by adding one wall) with fireplace hearth and access to the covered rain-proof deck overlooking the treed backyard. Vacant with projected rent at $2,000/mon). The 2nd & 3rd floor represent a 2-storey 3-bed + den apartment with elevated SOUTH-FACING deck. Vacant with projected rent at $2,900/mon). The basement is a 1-bed apartment with separate side entrance as well as the utility and laundry room. Currently rented at $1,550/mon (mon to mon). Close to $400,000 in renovations over the past 6 years - new kitchens with stone countertops and dishwashers, bathrooms, central AC and mini split units on third floor, furnace/ductwork, electrical, plumbing, roof, windows, back decks and front 2-storey porch, power washing of front facade brick, recreated bargeboard (A-frame) - all TASTEFULLY renovated with QUALITY materials. A bonus COACH HOUSE in the backyard provides so many possibilities - an art studio, home business, lockers/bike storage or a potential 4th unit. 5% CAP RATE!! Well-maintained building with parking (can be expanded to 2 tandem spots) that can easily be converted back into a single-family home or used as a multi-generational home. This block of Cooper St is a quiet, low traffic block in a vibrant urban neighbourhood, within walking distance to numerous restaurants, shops, cafes along Bank St, the Glebe, Little Italy, Chinatown, Parliament Hill, numerous parks & the Rideau canal. The Lyon LRT Station is a 10 min walk. (id:5764)

620 Cooper Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$549,900
5 Beds 2 Baths X13596528 MLS® #
Excellent opportunity for investors or owner-occupants with this well-maintained up-and-down duplex offering strong income potential and flexible living arrangements. Live in one unit while generating rental income from the other, or maximize your investment by renting both units. The main floor unit is currently vacant and features a spacious layout with 1 bedroom and the potential for a second bedroom in the lower level. This unit offers a bright eat-in kitchen, generous living and dining/family room areas, ample storage space, and an updated bathroom. The vacant status provides immediate occupancy for an owner-user or the opportunity to secure market rent. The upper unit features 2 bedrooms, a spacious living room, dedicated laundry area, and a private south-facing balcony that enjoys excellent natural light throughout the day. This unit is currently rented at $995/month, providing immediate income from day one. Several major updates have already been completed, helping to reduce future capital expenses and providing peace of mind for the next owner. Improvements include a new roof (2023), gas furnace (2018), hot water tanks (2015), renovated main floor bathroom (2014), and weeping tile with sump pump installation in the basement (2009). The property offers manageable operating costs with 2025 expenses including approximately $816 for water, $1,044 for hydro servicing the main floor, common areas and upper unit common services, and approximately $1,700 annually for Enbridge natural gas heating serving both units. Whether you're looking to offset your mortgage through rental income, expand your investment portfolio, or secure a property with future upside, this duplex offers flexibility, functionality, and long-term value. With one unit already generating income and the other available for immediate occupancy or rental, this is an excellent opportunity in today's market. Some photos virtually staged. (id:5764)

528 Guy Street, Ottawa

Listing courtesy of RE/MAX HALLMARK PILON GROUP REALTY.

$988,000
4 Beds 3 Baths X13595554 MLS® #
Presenting 20 Primrose Avenue, a legal duplex in one of Ottawa's most sought-after neighbourhoods, offering both immediate rental income and enduring investment value through two thoughtfully configured self-contained units. The main-level residence spans two floors and comprises three bedrooms and a full bathroom, while the lower-level suite features two bedrooms and one full bathroom. -Each unit with separate entrances and independently metered utilities, including two hydro meters, one gas meter, and three water meters for effortless tenant billing. Recent capital improvements provide exceptional peace of mind, including a metal roof installed in 2016, a brand-new boiler system commissioned in 2025, and energy-efficient windows replaced within the last fifteen years. A single-car garage adds further convenience, while the property's prime location places residents moments from the scenic Ottawa River, and foot steps to Le Breton flats, Saint Vincent hospital, little Italy and Chinatown! Complete with an occupancy permit and survey on file, and with the main floor currently leased for reliable cash flow, this impeccably maintained duplex represents a rare opportunity for the discerning investor seeking both stability and refinement. The home is heated by a boiler installed in 2025, which serves both the upstairs and downstairs units. The upstairs also benefits from a heat pump installed in 2024, while the downstairs is equipped with a heat pump installed in 2025 as well as baseboard heating. Hot water is supplied by two 40-gallon water heaters, both purchased and installed in 2026. (id:5764)

20 PRIMROSE Avenue, Ottawa

Listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY.

$1,899,000
13 Beds 8 Baths X13594728 MLS® #
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:5764)

255 Presland Road, Ottawa

Listing courtesy of EXP REALTY.

$1,399,900
10 Beds 4 Baths X13583750 MLS® #
Fully Legal Four unit property in Parkway Park Absolute Cash Cow! Rare opportunity to own a turn-key legal 4-unit property in a premium investment location close to Algonquin College, College Square, IKEA,t ransit, and the new LRT. Two side-by-side bungalows, each with a main-floor unit and a legal basement apartment. All completed with permits, soundproofing, separate meters, and independent heating systems. Both basement units are completely renovated (2018) upper Unit 2430 has been fully updated throughout, while 2428 has new kitchen, fresh paint, refinished hardwood flooring, and new interior doors. The property also features new appliances throughout, new furnaces, and a roof re-shingled in 2017 with vents added. Lower units Each offers 2 bedrooms and a Den/ media (sometimes used as another bedroom), 1 full bathroom, a separate side entrance, and is extremely spacious with plenty of potential. Gross annual income exceeds $103,000, and more then 6% Cap rate. This is an absolute cash cow with fantastic, well vetted tenants and an extremely stable rental stream with virtually no vacancy. Tenants pay heat and hydro; landlord pays only water. Hot water tanks are included. This property is perfect for investors looking to move into one unit and rent the others, or lease all four units for maximum returns. More information, Rooms History including detailed expenses and net income, is available upon request. Don't miss this high-demand, high ROI opportunity in one of Ottawa's most sought-after areas for rental properties. (id:5764)

2428-2430 Iris Street, Ottawa

Listing courtesy of TRU REALTY.

$1,400,000
12 Beds 8 Baths X13585068 MLS® #
Attention investors! Seize the opportunity to own this exceptional brand new 4-plex, a turnkey income property designed to maximize rental appeal and deliver long-term returns. Ideally situated on a quiet cul-de-sac just minutes from shopping, restaurants, schools, parks, recreation, and everyday amenities, this premium investment combines quality construction, low-maintenance ownership, and strong tenant demand. Thoughtfully designed for both investors and tenants, the property features four separately metered units (4 hydro meters), private entrances, paved parking, and stylish modern finishes throughout. Each spacious, carpet-free unit welcomes you with a bright foyer and an open-concept layout filled with natural light. The contemporary kitchen offers abundant cabinetry, generous counter space, a sit-at island, and all appliances included, flowing seamlessly into the dining and living areas. The two upper units include attached garages with automatic garage door openers, convenient inside entry, and private rear decks. Every unit offers three generously sized bedrooms, including a spacious primary suite with a private 4-piece ensuite, plus a second full bathroom, dedicated storage, and an in-unit laundry/utility room. The lower units each include a private storage shed, adding even more convenience. Built for durability, energy efficiency, and minimal upkeep, this newly constructed 4-plex is an outstanding investment opportunity with excellent income potential for years to come. (id:5764)

47-49 Cambridge Street, The Nation

Listing courtesy of EXIT REALTY MATRIX.

$719,900
4 Beds 2 Baths X13583114 MLS® #
Exceptional investment opportunity in the heart of Centretown! This well-maintained and recently renovated LEGAL duplex offers the perfect combination of strong cash flow, owner-occupancy flexibility, and long-term value in one of Ottawa's most desirable urban neighbourhoods. Featuring two spacious 2-bedroom units, each with its own private entrance, separate hydro meter, and in-unit laundry, this turnkey property is ideal for investors and homeowners alike. Numerous updates include renovated kitchens and bathrooms, updated plumbing and electrical, fire escapes brought up to code, fresh paint throughout, updated flooring, fencing improvements, and countless other upgrades that contribute to the property's excellent condition and tenant appeal. A rare bonus for Centretown, the property includes 3 parking spaces, a highly sought-after feature for both tenants and owners. Investors will appreciate the potential for a return exceeding 7.0%, while owner-occupants can live in one unit and rent the other to significantly offset mortgage costs. Landlord pays heat and water, while tenants pay their own hydro through separate meters. Ideally located steps from Bank Street, Chinatown, Little Italy, public transit, parks, cafés, restaurants, shopping, entertainment, government offices, and some of Ottawa's most vibrant urban amenities. Residents enjoy easy access to Dow's Lake, the Rideau Canal, LeBreton Flats, Carleton University, the University of Ottawa, and downtown employment hubs. With strong rental demand, exceptional walkability, and major updates already completed, this is a rare opportunity to acquire a quality income property in one of Ottawa's most established and sought-after neighbourhoods. (id:5764)

45 Bell Street North, Ottawa

Listing courtesy of TRU REALTY.

$824,900
6 Beds 2 Baths X13579826 MLS® #
Excellent investment opportunity with a LEGAL Secondary Dwelling Unit (SDU) in the highly desirable Parkway Park neighbourhood! Whether you're an investor looking to maximize cash flow, a homeowner hoping to offset your mortgage, or a family seeking multi-generational living, this move-in ready 2 legal units property offers exceptional flexibility and income potential. Both units are vacant, allowing the new owner to select their own tenants and set current market rents from day one. With separate hydro meters, managing expenses is simple and efficient. The bright main level features an inviting open-concept layout with large windows, a beautifully updated kitchen complete with quartz countertops, modern cabinetry, stainless steel appliances, and generous workspace. Three spacious bedrooms and an updated full bathroom complete this level. The fully finished LEGAL lower-level apartment offers its own private entrance, large windows, an open-concept kitchen and living area, three generous bedrooms, a full bathroom, and excellent storage, creating a comfortable and desirable rental unit or ideal space for extended family. Situated on a generous 50 x 126 ft lot, this well-maintained property has benefited from numerous updates over the years. Location is everything. Just minutes from Algonquin College, Queensway Carleton Hospital, Highway 417, Iris Street, the future Iris LRT Station, shopping, parks, schools, public transit, and only a short commute to Downtown Ottawa, Kanata and Barrhaven, this property is perfectly positioned to attract quality tenants and enjoy long-term appreciation. A rare opportunity to own a well-maintained, income-generating property in one of Ottawa's most convenient central locations. Be sure to view the floor plans, video and extensive photo gallery. (id:5764)

2364 Cheshire Road, Ottawa

Listing courtesy of DETAILS REALTY INC..

$899,000
5 Beds 2 Baths X13569248 MLS® #
Unbeatable Location & Turnkey Investment in Trendy Beechwood Village! Welcome to this exceptionally maintained duplex situated in the heart of Beechwood Village-one of Ottawa's most vibrant, walkable, and high-demand neighbourhoods. Boasting premium updates, flexible R4UA zoning, and excellent, reliable tenants already in place, this property is a golden opportunity for savvy investors or owner-occupants looking for a premier mortgage helper. Walk to local artisan shops, top-tier restaurants, cafes, and parks right on Beechwood Ave! Unit 1: Main Floor, 3 Bedrooms | 1 Bathroom. A bright and spacious layout featuring a lovely, landscaped front porch perfect for morning coffees. Enjoy a private side yard for outdoor relaxation and the convenience of dedicated in-unit laundry. Occupied by excellent, long-term tenants who treat the home as their own. Unit 2: Upper Level, Layout: 2 Bedrooms | 1 Bathroom A stunning, sun-drenched open-concept living, dining, and kitchen area boasting dramatic vaulted ceilings and a powerful wall-unit A/C to keep things cool. The bright, modern kitchen is beautifully updated. Step outside onto your private back deck-ideal for evening winding down. Occupied by fantastic, high-quality tenants. Recent Updates: This duplex has been meticulously cared for, offering peace of mind with major capital expenditures already completed within the last 3 years: New Roof (Past 3 years) New Hot Water Tank (Rental, past 3 years) Fresh Paint throughout the upper unit, New Washer & Dryer in each unit (No shared laundry!), Back deck refreshed and updated and new back gate, Updated bathroom Fixtures & modern touches throughout. 48 hours notice for showings. (id:5764)

59 Laval Street, Ottawa

Listing courtesy of EXIT REALTY MATRIX.

$2,079,999
12 Beds 9 Baths X13567152 MLS® #
Invest or live in luxury at 36 Ontario Street. This 2016-built executive triplex offers incredible flexibility for both investors and owner-occupiers. With all current tenants on month-to-month leases, you have the rare opportunity to move into one of the expansive units while the others help pay your mortgage, or simply take over a high-performing asset generating over $124,000 in annual income for a 5.96% gross yield. Located just steps from the Rideau River, parks, and public transit, this property sits minutes from downtown Ottawa. The building features approximately 7,500 square feet of interior space with upscale finishes throughout. Each unit boasts hardwood flooring, quartz countertops, custom kitchen cabinetry, 9-foot ceilings, and oversized windows. The striking stone exterior includes a garage, four balconies, modern security cameras, and a massive rooftop patio that easily hosts over 20 guests.The floor plans are incredibly spacious. Unit 1 features 3 bedrooms, a main-floor office, 3 full bathrooms, and exclusive rooftop access. Unit 2 offers 5 bedrooms plus a den, 3.5 bathrooms, cold storage, and three separate entrances. Unit 3 completes the property with 4 bedrooms, a den, and 2.5 bathrooms.Future potential is built right in. Unit 2 features a separate entrance and is already roughed-in for a kitchen, offering a straightforward path to a fourplex conversion. Furthermore, the City of Ottawa's proposed zoning changes expand permissions for three-storey buildings, creating opportunities for professional office use or mixed-use redevelopment. 36 Ontario Street is a straightforward, turnkey property with unmatched potential. Whether you are looking to expand your portfolio or find a luxury home that pays for itself, 36 Ontario Street delivers. Book your showing today. (id:5764)

36 Ontario Street, Ottawa

Listing courtesy of Ali Realty Group Inc..

$875,000
6 Beds 3 Baths X13566818 MLS® #
Welcome to this fully renovated bungalow with legal SDU (secondary dwelling unit) in the heart of Vanier North, steps away from Beechwood, offering a turnkey investment opportunity or future owner-occupancy potential. Renovated top to bottom in 2025, this property features two thoughtfully updated units with modern finishes and functional layouts throughout. The large upper unit offers three bedrooms and one full bathroom in a bright, inviting space, while the lower unit provides three bedrooms and two bathrooms, one of which is an ensuite, creating strong appeal for a variety of tenant profiles. Both units feature fresh, contemporary interiors and are well suited for stable rental income; Upper unit currently leased at $2,650, Lower unit currently leased at $2,400. The property includes three parking spaces, with tandem parking for the upper unit and a dedicated space for the lower, along with shared access to the backyard. Ideally located just steps from transit, schools, parks, and the Rideau River pathways, and within easy reach of Beechwood Avenue, downtown Ottawa, and the University of Ottawa, this property is surrounded by grocery stores, restaurants, and everyday amenities, making it a fantastic opportunity in one of Ottawa's most up-and-coming urban communities. Tenants pay Hydro, Landlord pays Gas and Water. 24 hour irrevocable on all offers. (id:5764)

269 Michel Circle, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$2,575,000
8 Beds 6 Baths X13558532 MLS® #
REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy. (id:5764)

11&13 Acacia Avenue, Ottawa

Listing courtesy of DIGI BROKERAGE.

$774,900
6 Beds 3 Baths X13556350 MLS® #
A rare opportunity in one of Ottawa's most prestigious and established neighbourhoods. This grand, solid brick home sits on a quiet, tree-lined street in the heart of Sandy Hill, surrounded by heritage homes. Properties like this rarely come to market. The numbers are exceptional - certified CASH COW. Verified 2025 financials show gross income of $76,200, operating expenses of $18,115, and a net operating income of $58,085, representing a 7.5% CAP RATE and generating over $1,700 per month in positive CASH FLOW at conventional financing. The property has never had a vacancy since the current owner purchased it. Two self-contained units with separate entrances offer 6 bedrooms, 3 full baths, 2 updated kitchens, and two sets of washers and dryers. Unit 1 (front) spans the main floor bedroom, second floor and attic. Unit 2 (rear) covers the main floor and lower level, with 2 three-piece bathrooms and is being sold fully furnished, offering a true turnkey experience for the next tenant. Updates include: both kitchens and bathrooms (2018), roof and A/C (2018), mud room (2018), furnace (2009), and a fully insulated four-season sunroom with new windows (2020). The large, low-maintenance backyard features a massive shed (2019), rare for this area. Steps to the University of Ottawa, 5-minute walk to Loblaws, close to the Rideau River, Strathcona Park, and transit. Tenant demand here is relentless. Whether an investor seeking proven cash flow, a multi-generational family, or a buyer looking to convert back to a stunning single-family home in a premier Ottawa address, this property delivers on every front. You simply have to walk through this home to understand the scale, character, and versatility it offers. Book your showing today. Full proforma and inspection available. (id:5764)

419 BESSERER Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

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