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.

$599,000
4 Beds 2 Baths X13655470 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.

$924,000
3 Beds 2 Baths X13654444 MLS® #
OPEN HOUSE THIS SUNDAY 13TH, 2-4 PM! Price Improvement! Exceptional value in the heart of Hintonburg... beautifully updated, turn-key duplex offering incredible versatility in one of Ottawa's most vibrant and sought-after urban neighbourhoods. An ideal opportunity for first-time buyers looking to offset their mortgage with rental income, investors seeking a well-located income property, or families wanting a comfortable multi-generational living solution. Location is a standout-just steps to transit and minutes from the LRT, Wellington Street West, Tunney's Pasture, Parkdale Market, cafés, restaurants, bakeries, boutiques, parks, recreation and an incredible collection of neighbourhood amenities. Enjoy the convenience of a highly walkable community only minutes from downtown Ottawa and major employment centres.Attractive curb appeal and a newer front deck welcome you inside.The main-floor unit features a bright, open-concept kitchen and living space with excellent storage, European-style appliances and breakfast bar, a spacious bedroom with hardwood flooring and a large picture window, plus a bright bathroom with heated floors.A sun-filled year-round porch provides additional living space and opens to an impressive private backyard oasis with a large deck, mature gardens and multiple seating areas---a rare park-like retreat in the city! Upstairs, the second unit offers an inviting open kitchen and living area with updates throughout, extensive built-in storage, two generous bedrooms and a spacious bathroom featuring a classic claw-foot tub and heated floors. Its own dedicated porch creates the perfect spot for morning coffee, reading or valuable seasonal storage.With character, thoughtful updates, flexible living options to keep as a duplex or convert upstairs space into 1 or 2 more bedrooms and enjoy as a single family home---a rare opportunity to live, invest and build equity in one of Ottawa's most desirable neighbourhoods.24 hrs Irrevocable on all offers. (id:5764)

9 Huron Avenue North, Ottawa

Listing courtesy of FIRST CHOICE REALTY ONTARIO LTD..

$945,000
7 Beds 3 Baths X13649280 MLS® #
GREAT INVESTMENT OPPORTUNITY!! Welcome to this TWO 3-bedroom units DUPLEX WITH BASMENT SUITE UNIT, LARGE DRIVEWAY, PRIVATE YARD, ON SITE LAUNDRY.Step up from the front entrance to the main level, where you'll find the bright and spacious living room flows into a clean, well-maintained kitchen, while three generously sized bedrooms provide comfortable living space for the whole family. A private balcony off the main level offers convenient access to the fully fenced backyard, perfect for relaxing or outdoor enjoyment. The second level offers the same functional layout as the main floor, featuring three good-sized bedrooms, a bright and inviting living room, and a clean, well-equipped kitchen. The fully finished basement features a spacious suite complete with a full bathroom with private exterior entrance, offering excellent flexibility for extended family, guests, or rental income. This property is a rare find in such excellent condition both inside and out. This home is within walking distance to shopping, restaurants, and public transit, and just a short commute to Carleton University, Hog's Back Park, and Mooney's Bay Park. Direct public transit to Carleton University and Algonquin College is conveniently available right outside the property.Currently, the property is fully rented to long-term tenants, generating approximately $60,000 in annual rental income. It's a rare chance to own a cash-flowing property in the heart of Ottawa, with both strong rental income and excellent future potential. Don't miss this rare investment opportunity! Book your private showing today and discover everything this exceptional property has to offer. (id:5764)

1023 Meadowlands Drive, Ottawa

Listing courtesy of HOME RUN REALTY INC..

$799,000
4 Beds 2 Baths X13647108 MLS® #
Situated on an oversized 66' x 88.5' double lot in the heart of Vanier, this rare purpose-built side-by-side duplex offers a unique combination of existing rental income and exceptional future development potential. Zoned R4UA, the property is uniquely configured with the entire duplex situated on one half of the lot, leaving the other half as largely vacant land - an increasingly rare opportunity in Ottawa's urban core. This highly flexible layout creates exciting possibilities for future intensification, redevelopment, expansion, or potential severance opportunities (buyer to verify with the City of Ottawa).The duplex consists of two 2-bedroom, 1-bathroom units, each with separate entrances and independently metered electrical service, separate hot water tanks, and separate washers and dryers. Current rents are well below market value, offering attractive future income upside, while the month-to-month tenancy structure provides flexibility. Whether you are seeking a strategic land holding opportunity, an income-producing property with substantial redevelopment possibilities, or a prime urban infill site with holding income already in place, 228 Carillon Street offers a rare range of options in one of Ottawa's rapidly evolving neighbourhoods. Ideally located close to downtown Ottawa, Beechwood Village, transit, parks, schools, shopping, and everyday amenities, this is a compelling opportunity for buyers looking to capitalize on the continued growth and intensification of the area. (id:5764)

228 Carillon Street, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$6,500,000
6 Baths X13647498 MLS® #
An exceptional investment opportunity in the heart of South Ottawa on high-visibility Bank Street! This income-producing property offers an outstanding opportunity with multiple revenue streams, making it an ideal addition to any real estate portfolio. The property features a well-maintained five-unit apartment building (4-2 bedroom units, 1-1 bedroom unit), plus a versatile commercial/office space at the front of the building consisting of an large open room and convenient powder room-perfect for a retail shop, professional office, studio, or service-based business. In addition to rent, there is an on site coin operated laundry facility. Adding even more value is a separately rented garage currently occupied by a busy car lot, providing additional stable rental income. Included with the property is a vacant lot (presently used by car lot), presenting exciting future potential for expansion, redevelopment (subject to approvals), additional parking, or other value-added opportunities. With RC2 zoning this property is ideally situated on one of Ottawa's busiest commercial corridors, this property benefits from exceptional exposure, easy access to transit, and close proximity to shopping, restaurants, and numerous amenities, making it highly attractive to both residential and commercial tenants. The main building also features a newer roof (2018), offering added peace of mind for investors. Whether you're looking to expand your investment portfolio or secure a prime mixed-use property with strong income and future upside, this is a rare opportunity in a sought-after location. (id:5764)

Bank Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$537,000
4 Beds 3 Baths X13646832 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.

$534,900
4 Beds 2 Baths X13646796 MLS® #
Fantastic Investment Opportunity! Beautiful new construction by Solico Homes, The Capucine Model, Duplex - unlock income potential! Potential monthly income of $1050/month for the lower unit. Great investment opportunity! Discover this modern semi-detached bungalow designed for both comfort and efficiency. Offering 1,021 sq. ft. of living space, this home features a well-planned, open-concept layout that maximizes light and functionality. The 2 generously sized bedrooms provide flexibility for family, guests, or a home office. The spacious bathroom, complete with a separate shower, adds to the everyday convenience. The kitchen offers ample storage, making meal prep and organization effortless. You can also personalize your space with the optional cathedral ceiling, creating an even more airy and inviting atmosphere. Bright, affordable, and fully customizable, this bungalow is the perfect blend of modern design and practical living. The lower level features 2 bedrooms, 1 bath, separate laundry, kitchen, living & dining room. Choose your finishings and make this home yours! Photos are of a similar model to showcase builder finishes. 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)

247 Carpe Street, Casselman

Listing courtesy of EXP REALTY.

$749,900
4 Beds 3 Baths X13639168 MLS® #
78 Ritchie Street is a mechanics dream investment property!! A unique opportunity to own a custom built non-conforming duplex with potential to convert back into a spacious multi-generational high ranch bungalow in a desirable central west location close to public transit, shopping, restaurants, movie theatres, schools and everyday amenities. This versatile property offers excellent potential for investors, owner occupants or buyers seeking additional income opportunities. Both the upper and lower units feature 2 bedrooms and 1 full bathroom with functional layouts, laminate flooring throughout and large windows that fill the spaces with natural light. The property offers comfortable living arrangements with flexibility for extended family or tenants. A standout feature is the impressive commercial grade double garage designed for hobbyists, contractors, mechanics or small business use. The garage includes its own wood furnace heating system, hydraulic car hoist, commercial grade door openers and a convenient 2 piece bathroom. Three 50 amp outlets are already installed making the space ideal for EV charging, workshop equipment or heavy duty tools. The garage also offers approximately 12 foot high storage capacity providing excellent room for vehicles, equipment or recreational storage. A wood electric combination furnace services the main house along with separate baseboard heating in the basement. Extensive fireproofing has been completed with 5/8 fire rated drywall throughout the basement ceiling for added peace of mind. A shared 60 gallon hot water tank services both units while the garage benefits from its own 100 amp electrical service. Central air conditioning services the upper unit and the alarm system currently operates within the garage area. A rare property combining residential flexibility, income potential and exceptional commercial grade garage space in a convenient and accessible location with endless possibilities! Never flooded. (id:5764)

78 Ritchie Street, Ottawa

Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC..

$1,100,000
X13639696 MLS® #
Turnkey legal 5-unit apartment building offering strong cash flow and extensive redevelopment in the heart of Prescott. Originally a duplex, this property has been comprehensively transformed into a modern income-producing asset while preserving its attractive brick exterior and character. Generating $93,300 in gross annual income with an approximate NOI of $78,820, the building offers an excellent unit mix of one 3-bedroom suite, two 2-bedroom suites (including an accessible unit), and two 1-bedroom suites, one of which is rented as an affordable unit. Extensive capital improvements include all new kitchens, bathrooms, flooring, lighting, interior doors, plumbing, electrical, nearly all new windows, repointed brick, new decks, upgraded insulation, modern mechanical systems, quality finishes throughout, and a durable standing seam metal roof. The building features an efficient utility structure with all tenants paying their own hydro and water. Two suites have their own dedicated heating systems and pay their own heat, while three suites are heated by an efficient central gas-fired hot water boiler. The accessible and affordable units may be of interest to purchasers exploring CMHC financing programs, subject to lender and CMHC eligibility requirements. Conveniently located within walking distance to downtown Prescott, the St. Lawrence River, shopping, restaurants, schools, and just minutes from Highway 401, this is an exceptional opportunity to acquire a true turnkey multi-family investment with significant capital improvements already completed. (id:5764)

235 James Street West, Prescott

Listing courtesy of EXP REALTY.

$499,900
6 Beds 2 Baths X13636198 MLS® #
Welcome to 173 Genest Street, a versatile duplex offering outstanding flexibility for homeowners and investors alike. This home has been lovingly owned by the same family for many years and has been occupied by an elderly couple on the main floor. It is a smoke-free, pet-free home that has simply reached the point where the owners can no longer keep up with cosmetic updates. While the interior is dated and would benefit from some TLC, it has been well cared for over the years and presents an excellent opportunity to add your own style and build equity.The main level features 3 spacious bedrooms, a large kitchen, a bright living room, a separate family room, a full bathroom, and its own laundry, making it an ideal space for an owner-occupant or family.The lower level is a self-contained 3-bedroom unit with its own kitchen, living room, full bathroom, and separate laundry. It is currently rented room-by-room, generating approximately $1930 per month, offering immediate income to help offset your mortgage or providing solid cash flow for investors.Whether you're looking to live upstairs and rent the lower level, rent both units as an investment property, or renovate and unlock the home's full potential, 173 Genest Street offers exceptional flexibility and value.Complete with a detached garage and parking for up to four additional vehicles, this property is conveniently located in an established Ottawa neighbourhood close to schools, parks, shopping, restaurants, public transit, and major roadways.A rare opportunity to own a solid, well-maintained property with immediate rental income and tremendous upside for the future. (id:5764)

173 Genest Street, Ottawa

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.

$979,000
8 Beds 3 Baths X13620328 MLS® #
Exceptional Investment & Redevelopment Opportunity - TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property's Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you're seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa's established and evolving urban neighbourhoods. (id:5764)

289 Mcarthur Avenue, Ottawa

Listing courtesy of SOLID ROCK REALTY.

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