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.

$2,575,000
8 Beds 6 Baths X13467972 MLS® #
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, in a parking lot that is 2738sq 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; fridge/stove/dishwasher/ microwave. Separate 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, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike. (id:5764)

13 Acacia Avenue, Ottawa

Listing courtesy of DIGI BROKERAGE.

$829,900
6 Beds 3 Baths X13464846 MLS® #
INVESTOR ALERT! Income-producing triplex generating approximately $68,772 in gross annual rental income with an estimated NOI of approximately $54,183 in a highly desirable central Ottawa location. This well-maintained property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry and dedicated parking. A fourth parking space provides additional income potential.Designed for efficient ownership, the property includes three separate hydro meters, with Units 2 and 3 paying their own hydro costs. Recent improvements include new rear metal stairs (2025), a new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades.The bright and functional units feature hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration supports strong rental demand and broad tenant appeal.Ideally located just minutes from Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. Whether you are looking to expand your investment portfolio or acquire your first multi-unit property, this triplex offers immediate income and long-term growth potential in one of Ottawa's most convenient rental locations.Some interior photos were taken prior to current tenancy. (id:5764)

298 Montfort Street, Ottawa

Listing courtesy of RIGHT AT HOME REALTY.

$1,249,000
7 Beds 4 Baths X13463472 MLS® #
Introducing 560 Queen Mary Street, an extraordinary legal duplex nestled in the prestigious Castle Heights community, offering nearly $65,000 in annual rental income. Recently constructed, this property exemplifies refined craftsmanship with soaring 12-foot ceilings on the main floor, 9-foot ceilings on the second level, and impeccable high-end finishes throughout. The main residence spans an impressive 2,645 sq. ft. ft. of thoughtfully designed living space. It features a custom chef's kitchen, elegant open-concept living and dining areas centered around a cozy fireplace, and seamless access to a private rear deck. In addition to four generously sized bedrooms, the main unit also includes a versatile extra bedroom or private office, ideal for today's lifestyle. The luxurious primary suite is complete with a spa-inspired en suite, walk-in closet, and an expansive walk-out balcony. The lower-level apartment offers a beautifully appointed two-bedroom suite with 9-foot ceilings and upscale finishes, perfect as a high-quality rental or for extended family living. This property also presents the flexibility to reside in one unit while collecting income from the other, creating an exceptional opportunity for both homeowners and investors alike. Located just minutes from St. Laurent Centre, 560 Queen Mary enjoys unmatched convenience with excellent schools, shopping, restaurants, parks, and public transit all within easy reach. A rare combination of luxury, versatility, and income potential in one of Ottawa's most desirable neighborhoods. 562 Queen Mary St also for sale (id:5764)

560 QUEEN MARY Street, Ottawa

Listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY.

$2,200,000
10 Beds 5 Baths X13458784 MLS® #
Exceptional Multi-Residential Investment Opportunity in the Heart of Merrickville Located in one of Eastern Ontario's most charming communities this purpose-built five-unit apartment building offers investors an outstanding combination of stable income, modern construction, and virtually worry-free ownership. Situated minutes away from Merrickville vibrant downtown core, residents enjoy convenient access to boutique shopping, restaurants, cafés, galleries, and the historic Rideau Canal. Constructed two years ago, this attractive building has been thoughtfully designed with both tenant comfort and long-term ownership in mind. The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants. Each suite offers a bright, open-concept floor plan highlighted by soaring ceilings and generous living spaces that create an airy, welcoming atmosphere. Large windows allow for an abundance of natural light throughout the day, while modern electric fireplaces provide warmth, character. The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces. In-suite laundry, spacious bedrooms, well-appointed bathrooms, and efficient floor plans that maximize functionality and comfort. Four of the five apartments feature private balconies, providing valuable outdoor living space. The property includes both indoor and outdoor parking accommodations. The building's low-maintenance design and relatively recent construction mean investors can focus on income generation rather than capital expenditures. All units are currently rented at market rates. The quality of the building, desirable suite layouts, and prime location contribute to strong tenant demand and excellent long-term rental prospects. (id:5764)

117 West Drummond Street West, Merrickville-Wolford

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$2,250,000
6 Beds 5 Baths X13448840 MLS® #
Rare opportunity to acquire a meticulously restored and fully furnished 5-plex in the heart of Ottawa. Originally constructed around 1900, this stately red-brick property seamlessly blends historic character with extensive modern upgrades, creating a truly turnkey investment opportunity. Vacant and ready for immediate occupancy, investors can set market rents from day one, while owner-operators have the flexibility to live in one suite and rent the others. The building showcases timeless architectural details, including original hardwood floors, grand staircases, decorative fireplaces, soaring ceilings, oversized windows, and period millwork, all thoughtfully preserved and complemented by tasteful updates throughout. Each suite is beautifully appointed and fully furnished, offering a move-in-ready experience for tenants or short-term rental operators. Extensive improvements have already been completed, leaving virtually nothing to do but collect income. The property features updated kitchens and baths, modern finishes, well-maintained mechanical systems, attractive common areas, and exceptional curb appeal. Multiple balconies and outdoor sitting areas enhance the living experience, while the impressive corner-lot presence reflects the property's rich heritage. A rare bonus in this central urban location is the abundance of on-site parking, with space for 5+ vehicles, providing exceptional convenience for residents and guests alike. Situated within walking distance of Ottawa's vibrant downtown core, restaurants, cafés, shopping, transit, parks, and major employment hubs, ideal for investors! Whether your vision is long-term rentals, furnished executive suites, multi-generational living, or a hybrid investment strategy, this exceptional property offers flexibility, character, and income potential in one of Ottawa's most sought-after locations. A true turnkey heritage investment-fully furnished, vacant, beautifully updated, and ready for its next chapter! (id:5764)

64 Delaware Avenue South, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$629,000
4 Beds 2 Baths X13445952 MLS® #
Great investment opportunity! With a strong cash-flow potential in this duplex, each unit offers 2 bedrooms, 3 piece bathrooms, in suite laundry, separate entrances, and ample parking spaces. Fast growing community near Beechwood Village. Consistent income due to high demand. Being close to Beechwood benefits from high end cafes, shopping and public transit. Strong rental demands due to accessibility. Perfect for investors, owner-occupants, or multi-generational living, this property provides flexibility and long-term value. Land assembly is also possible. Possibility of redevelopment converted into a large multi unit building with the sale of 40 & 46 Jolliet combined. Area is 3,982.64 ft (0.091 ac). Land assembly is also possible. Redevelopment options subject to city of Ottawa approvals and zoning bylaws. Conveniently located near grocery stores, shopping, restaurants, schools, public transit, and other key amenities, it offers the location and features tenants are looking for. Walking distance to New Edinburgh, Rockcliffe, and not far from downtown. Whether you're looking to grow your investment portfolio or offset your mortgage with rental income, this property is not to be missed. Upper unit $1,600 per month + hydro. The Lower unit $1,500 per month + hydro. Gross rents $37,200 annually. The current expenses include: Water - $200 per month, Insurance - $150 per month, HWT & service contract. Net operating income is $33,000. Opportunity to increase the rent. Please connect with listing agent for further details. (id:5764)

46 Jolliet Avenue, Ottawa

Listing courtesy of REMAX BOARDWALK REALTY.

$949,900
5 Beds 3 Baths X13434100 MLS® #
Fantastic opportunity for investors or owner-occupiers in a charming, family-friendly neighbourhood just a short walk to Britannia Beach, nearby bike paths, parks, and the future LRT station. This well-maintained duplex with a lower level in-law suite/apartment offers three separate living spaces, strong income potential, and the option to live in one unit while the other two help offset expenses. With 2258 of overall living space, the main floor and second floor units each offer approximately 805 sq. ft. with the same functional layout, featuring hardwood flooring, two bedrooms, a spacious living/dining area, kitchen with eat-in space and stainless steel appliances, plus a full bathroom. The lower level in-law suite/apartment includes a living room, kitchen with eat-in area, full bathroom, and bedroom. The lower and main apartments are currently rented out by fabulous paying tenants, making this a great turnkey opportunity. Each unit has its own access to the backyard, creating privacy and convenience for all occupants. The large backyard is a wonderful shared outdoor space with a spacious deck, patio with gazebo, two 10x10 sheds, additional side storage sheds, and a well-contained garbage area to help keep everything neat and tidy. The driveway offers parking for up to six vehicles. Additional features include three separate hydro meters and a lower-level laundry room with three dryers and one washer. Whether you are looking to expand your investment portfolio or live in one apartment while generating income from the others, this property offers flexibility, location, and excellent potential in the sought-after Britannia area. Shows well. Reach out for more details! Some photos virtually staged! (id:5764)

2709 DON Street, Ottawa

Listing courtesy of RIGHT AT HOME REALTY.

$1,190,000
5 Beds 3 Baths X13425212 MLS® #
Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa's most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, a premium 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. A rare advantage for buyers is that Units 1 and 2 are expected to be vacant as of August 1st, providing flexibility to occupy, renovate, increase rents, accommodate extended family, or create an attractive owner-occupier opportunity. The upper unit is particularly impressive, featuring exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property's long-term integrity. With separately metered hydro for each unit and vacant possession of Units 1 and 2 anticipated for August 1st, this property offers exceptional flexibility for investors and owner-occupiers alike. A rare opportunity to acquire a character-filled income property with strong fundamentals and future upside in the heart of Ottawa. (id:5764)

389 Daly Avenue, Ottawa

Listing courtesy of SLEEPWELL REALTY GROUP LTD.

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