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.

$1,990,000
5 Beds 3 Baths X13734012 MLS® #
Impressive 3-storey circa 1916 triplex income property in a highly sought-after, mature trees neighbourhood near the Experimental Farm, Civic and Royal Ottawa Hospitals, University of Ottawa Heart Institute, Dow's Lake, LRT, schools, and key employment centres. Fully and professionally renovated from top to bottom, this exceptionally well-managed triplex offers true owner/investor peace of mind, with attention to maintenance, durability, and ease of administration. Ideal for an owner-occupant investor: live-in one unit while tenants help offset ownership costs. One rental unit per floor: a 1-bedroom main-level unit, two spacious 2-bedroom units on the 2nd and 3rd floors, plus a bonus rentable main-floor home office/den with separate access and its own 2-piece bathroom - rental use subject to confirming zoning.Yearly gross income of $88,800 and NOI of approx. $64,000, with potential extra income of $12,000 from the front office/den and 4th parking space. Updated kitchens and bathrooms, quality appliances including dishwashers, granite counters in the largest unit, hardwood floors, updated windows and doors, skylight, two gas fireplaces, four maintenance-free fiberglass/aluminum decks with glass railings including aroundfront veranda, Berber-carpeted halls over ceramic tile, intercom system, and separate basement storage for each unit. Excellent utility separation with five hydro meters, four gas meters, three HVAC units, tenant-paid* hot water tanks (*except currently for #2), and basement laundry with separate hot water connections. All electrical fixtures, blinds, and shutters included. Sprinkler-irrigated lawn and flower beds add curb appeal. Four paved parking spaces, including one unused for extra income potential. Quick Queensway access and proximity to major employment nodes help support strong tenant demand. A rare totally renovated central Ottawa triplex combining solid income, thoughtful renovations, and lifestyle flexibility. (id:5764)

559 Parkdale Avenue, Ottawa

Listing courtesy of EXP REALTY.

$879,900
4 Beds 2 Baths X13729706 MLS® #
**Because it takes two to make a thing go right...** 257 Lavergne Street offers the kind of flexibility that can make a home work harder for you, with two self-contained two-bedroom units, separate laundry and separate metering under one roof. Better still, the property is being sold vacant, giving the next owner the freedom to decide exactly how they want to use it from day one. For a multi-generational family, it creates the opportunity to live close while maintaining independence. For a first-time or younger buyer, the second unit can help offset the mortgage while you build equity. And for the creative investor, the property offers even more to think about, including an approximately 550 sq. ft. heated attached garage with electrical and architectural plans already prepared for a potential conversion, plus a lot that could hold longer-term redevelopment potential. The raised-bungalow design is a big part of what makes the setup work so well. Large windows bring natural light into the lower level, helping it feel like a genuine second home rather than a traditional basement apartment. Each unit offers two bedrooms, a full bathroom, comfortable living space and a generous eat-in kitchen, while the upper level adds hardwood floors, a custom fireplace wall and direct access to the backyard. Outside, established gardens, a two-tiered deck and gazebo create a private place to unwind, but one of the biggest draws is what sits just beyond the property. Beechwood Avenue is close by, putting some of Ottawa's best local cafés, restaurants, specialty shops and everyday conveniences within easy reach. Live in one and rent the other. Bring family together without giving up independence. Explore a third unit or think bigger about what the property could become over time, subject to applicable approvals.257 Lavergne isn't just a bungalow with two units. It's a property with options, and the freedom to choose what comes next. (id:5764)

257 Lavergne Street, Ottawa

Listing courtesy of REAL BROKER ONTARIO LTD..

$965,000
6 Beds 3 Baths X13723078 MLS® #
Situated in the heart of sought-after Old Ottawa South, this classic 3-storey brick triplex offers an exceptional investment opportunity with 3 self-contained residential units and strong income potential. Ideally located within walking distance to shops, restaurants, parks, public transit, and Carleton University, this well-maintained property combines character, functionality, and convenience in one of Ottawa's most desirable neighbourhoods. The main floor apartment features 2 bedrooms and 1 bathroom and is currently rented for $1,750/month + hydro. This unit offers updated flooring and kitchen, inside and rear access, as well as in-unit laundry with washer and dryer. The second floor apartment spans the second and third levels and is currently rented for $2,020/month + hydro. Offering 3 bedrooms, this spacious unit features a large living room with balcony access, updated 4-piece bathroom, laminate flooring, and a functional kitchen with in-unit laundry. The basement apartment offers excellent additional income potential with a projected market rent of approximately $1,500/month + hydro. This self-contained 1-bedroom unit includes an updated bathroom, renovated kitchen with eating area, living room, and in-unit laundry. A rare opportunity to own a versatile multi-unit property in a prime urban location with easy access to downtown, Lansdowne, Rideau Canal pathways, and everyday amenities. Some photos virtually staged. 24 hours notice, 24 hours irrevocable. (id:5764)

50 Aylmer Avenue, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$900,000
6 Beds 3 Baths X13721802 MLS® #
Welcome to 315 Lajoie Street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in Vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; Apt. 2 which is the main floor is rented for $1,266 plus hydro and Apt. 3 the upper floor is rented for $1,567.08 plus hydro. Currently parking and laundry are provided by the Landlord as part of the rent. 2025 expenses are: Taxes $67,138.69, Insurance $3,663.36, Gas $1,897.24, Enercare $1,200.00, Water and Sewer $2.068.00 and common hydro of $1,206.04 which leaves a net income of about $40,653.31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, Ottawa University and everything Ottawa has to offer. Why not make 315 Lajoie Street your next real estate investment. Showings Tues and Fri from 10-noon and 2-4 and Sat from 1-5 only with 24 hours notice. (id:5764)

315 Lajoie Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$519,900
4 Beds 2 Baths X13712058 MLS® #
Set on Granville Street, this detached duplex in Vanier offers a great balance of comfort, flexibility and income potential. The property features two self contained units, each with two bedrooms and a full bathroom, along with updated kitchens and bathrooms that make both spaces feel comfortable and welcoming. With separate entrances and individual driveways, each unit enjoys a sense of privacy that appeals to both tenants and live-in owners.The main level unit offers a functional layout with a front entry closet, a spacious living room, an eat in kitchen with ample cabinetry and room to gather, two bedrooms and a three piece bathroom. The upper unit is equally inviting, filled with natural light, modern updates, two bedrooms and a three piece bath creating a comfortable and independent living space. Both units also offer rear exits.Outside, the private backyard provides space to relax or entertain, while the detached garage adds valuable storage or workshop potential. Separate hydro meters simplify day to day management for investors and make shared living arrangements more convenient.Located just minutes from downtown Ottawa, this home is close to transit, parks, the Rideau River pathways and local favourites like Beechwood Village. With strong rental demand in a neighbourhood that continues to evolve, this property presents a solid opportunity for investors, multi generational living or anyone looking to offset their mortgage with additional income. (id:5764)

267 Granville Street, Ottawa

Listing courtesy of ENGEL & VOLKERS OTTAWA.

$860,000
6 Beds 3 Baths X13707544 MLS® #
Don't miss this exceptional opportunity to own a triplex set along the tranquil banks of Kemptville Creek, providing direct access to the historic Rideau River, a UNESCO World Heritage waterway! All three units are 2 bedrooms, each with a 4pc. bath and include laundry! The vacant unit is a 2 storey with large living room, separate laundry room and an eat in kitchen overlooking the backyard/water. This unit has access to a back deck from the kitchen, has 2 bedrooms on the 2nd level - one with a patio door to a 2nd level deck! An updated 4p. bath also in the 2 storey unit, currently vacant! Unit 112 is a main level unit with 2 bedrooms, large kitchen & charming living room. This unit also has a new back deck to enjoy the water & outdoor space. Both 112 & 114 have access to their separated basements, and are heated with F/A gas furnaces (2015). Unit 110 is an upper 2 bedroom unit, with 4pc. bath, great sized living room, and kitchen. This unit also has a new back deck with access to the backyard. This unit has baseboard heat. The windows & doors were replaced in (2017) in both unit #110 & #112. Utilities for each unit are separate, with 3 separate hydro meters. Each unit has an entrance from the main street as well as rear entrances. Unlike most income properties, this doesn't only have water access & view, but a large yard and minimum 2 parking spots per unit + visitors! Not often you get a building this well maintained, a true triplex on .52 acres on the Kemptville Creek with great updates and access to all amenties without getting in a vehicle! But if you have a car...there is plenty of outdoor parking for it! This building is across the street from the Heritage Grahams Bakery & amazing baked goods - does it get any better than that! Book your private viewing today. 24 Hour notice for all showings to accommodate tenants. (id:5764)

110-114 Clothier Street East, North Grenville

Listing courtesy of REMAX BOARDWALK REALTY.

$1,850,000
12 Beds 6 Baths X13705116 MLS® #
A rare, high-performing luxury triplex in Sandy Hill: fully optimized with massive structural upgrades and 3 hydro meters for effortless operation. This versatile, and fully optimized Ottawa triplex at 460 Wilbrod Street offers strong income potential, exceptional versatility, and future appreciation in a high-demand, walkable community. Featuring self-contained, light-filled units with functional layouts, this property is ideal for multi-generational families or savvy investors looking to maximize returns.The main level delivers a versatile 2-bath, 3-bed (or 4 bed potential) residence with dramatic 12-foot ceilings, an open floorplan, and an amazing 3-tier deck for outdoor entertaining. The second-floor unit captivates with 10-foot ceilings, a chef-grade kitchen, two large bedrooms including a primary suite with private ensuite, and a unique sunken studio featuring exposed brick. The third-floor suite commands attention with a vast open-concept living space, two well-proportioned bedrooms, and an impressive rooftop deck.The basement boosts revenue with three rentable bedrooms, a full bath, kitchenette, and profitable coin laundry. A detached garage and surface parking elevate appeal. Fully leased units ensure instant cash flow. Modern enhancements feature advanced exterior insulation and refined brick-veneer recladding. Steps from fine dining, art galleries, Parliament Hill, and the University of Ottawa. Plan a tour today and claim this standout opportunity! (id:5764)

460 Wilbrod Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

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