Multi-Family Listings

6 Beds ⋅ 3 Baths ⋅ X13420954 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. 24 hours notice, 24 hours irrevocable. (id:5764)

50 Aylmer Avenue, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,095,000

8 Beds ⋅ 4 Baths ⋅ X13419874 MLS® #

Welcome to 44 St Andrew - an incredible Byward Market investment opportunity with 4 income-generating units and potential for future redevelopment. Situated on a R4UD-zoned lot, this multi-family property is steps from Major's Hill Park, Parliament Hill, the National Gallery, boutique shops, restaurants, and the scenic Rideau Canal.This multi offers investors a solid foundation with immediate rental income and the potential for future growth or redevelopment. Its prime location in one of Ottawa's most walkable urban neighbourhoods makes it highly attractive for tenants and investors alike. Don't miss this opportunity to own a piece of historic Ottawa with strong upside potential. (id:5764)

44 St. Andrew Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$2,284,900

6 Beds ⋅ 6 Baths ⋅ X13417806 MLS® #

Absolutely Stunning Triplex Located Right In The Heart of Prestigious Westboro! Unit 1 consists of 2 levels of living space with master bedroom, 2nd bedroom, kitchen and dining room on main floor. Lower level features, living room, storage and possible office / den. Unit 2 features master with ensuite, large storage / office space, huge custom kitchen with upgraded appliances, and open-concept living / dining area. Unit 3 features 2 bedrooms plus office, 2 baths, massive rooftop terrace, custom kitchen, open-concept living / dining area and full basement rec. room for home business or gym. All units separately metered and include legal parking. Perfect for owner-occupier or investor. Close to all amenities including, shopping, restaurants, transit and Westboro Village. Financials Available Upon Request. (id:5764)

288 Duncairn Avenue, Ottawa

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA.

$780,000

4 Beds ⋅ 3 Baths ⋅ X13416062 MLS® #

251 Arlington is a centrally located, fully functional duplex in the heart of Centretown, offering two well-designed 2-bedroom apartments. Each unit features its own private entrance for added convenience. The upper unit includes a bright, open-concept living, dining, and kitchen area, along with a dedicated office space with a balcony that is overlooking the neighbourhood. Both bedrooms are generously sized, making it ideal for comfortable living or working from home. The main floor unit offers excellent additional space, including 2 spacious bedrooms, exclusive basement access and direct access to the spacious backyard. The property has seen several thoughtful upgrades, including a upgraded 2019 front porch, updated landscaping with a paved driveway, and a two-storey rear addition that enhances overall living space. The duplex is fully legalized with separately metered hydro, and plumbing has been upgraded to ensure long-term reliability. The perfect opportunity for anyone looking for an investment property! 2025 expenses: Heat $1,885.84, Water $932.82 (id:5764)

251 Arlington Avenue, Ottawa

Listing courtesy of ENGEL & VOLKERS OTTAWA.

$874,900

5 Beds ⋅ 4 Baths ⋅ X13414674 MLS® #

Welcome to 548 Guy Street. Custom built and thoughtfully designed by award-winning Colizza Bruni Architecture, this stunning 4 bedroom, 3 bathroom two-storey home offers modern living in the heart of Castle Heights. Less than 6 years old, this home showcases exceptional craftsmanship, a smart layout, and high-end finishes throughout. The main level features beautiful hardwood flooring and a bright, open-concept design ideal for both everyday living and entertaining. The chef-inspired kitchen is equipped with top-of-the-line stainless steel appliances, complemented by quality cabinetry and functional workspace. A spacious living and dining area creates a warm and inviting atmosphere. Upstairs, you'll find generously sized bedrooms designed for comfort and practicality, making this home ideal for growing families. A standout feature is the thoughtfully designed lower level, offering a separate entrance to a self-contained 1 bedroom, 1 bathroom suite. This property is a legal duplex, providing excellent potential for multigenerational living, rental income, or added flexibility. Located in the established and evolving Castle Heights neighborhood, the area offers a mix of character homes and newer infill developments, attracting families, first-time buyers, and investors alike. Enjoy close proximity to parks, schools, shopping, and everyday amenities, including the St. Laurent Shopping Centre, grocery stores, and convenient transit options. The neighborhood is known for its welcoming, multicultural community and practical lifestyle appeal. An excellent opportunity to own a newer, custom-built home in a central location. Also available: 546 Guy Street, which can be purchased together for added investment or multigenerational potential. (id:5764)

548 Guy Street, Ottawa

Listing courtesy of EXP REALTY.

$869,900

5 Beds ⋅ 4 Baths ⋅ X13416378 MLS® #

395 McLeod Street represents a compelling investment opportunity in the heart of Centretown, one of Ottawa's most established and consistently in demand urban neighbourhoods. As of July 2025, the property generated $59,582.64 in gross rental income, with total operating expenses of $19,510.59, resulting in a strong net income of $40,072.05. These figures reflect stable performance, efficient cost management, and dependable cash flow, making the property well suited for investors seeking both income reliability and long term value preservation.Centrally located, the property benefits from exceptional walkability and proximity to downtown Ottawa, Parliament Hill, major employment hubs, and key transit routes. The surrounding area is anchored by the vibrant commercial corridors of Bank Street and Elgin Street, offering a wide range of restaurants, retail, and daily amenities. This location continues to attract a diverse and stable tenant base, including government employees, professionals, and students, supporting consistent rental demand and favourable long term growth potential. With its strong financials and prime urban setting, 395 McLeod Street is a solid addition to a well balanced real estate investment portfolio. (id:5764)

395 Mcleod Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$2,899,999

9 Beds ⋅ 9 Baths ⋅ X13410670 MLS® #

Architectural Award-Winning Victorian Adjacent to the Golden Triangle. This architectural award-winning Classic Victorian stands as a testament to timeless craftsmanship and pride of ownership. Over 191K Gross income! Ideally located adjacent to Ottawa's prestigious Golden Triangle, between Metcalfe and Elgin Streets, this remarkable property features 7 elegant residential units, plus 2 bachelor suites in the charming coach house, offering versatility and excellent income potential. Lovingly maintained by long-term owners, the building showcases exceptional care and preservation of its original character. Its refined hardwood floors, intricate plaster coves, decorative mouldings, high baseboards, and solid wood doors reflect the craftsmanship of a bygone era, carefully preserved through thoughtful updates that enhance both comfort and functionality. Four units feature beautiful fireplaces, adding warmth and charm, while every detail reflects the building's enduring quality and attention to detail. The exterior is equally impressive, surrounded by lush, manicured landscaping, mature trees, and a stately facade that embodies the elegance of the Victorian period. With 10 parking spaces and a 66.28 x 110 ft lot, this property seamlessly blends character, space, and convenience. Perfectly situated steps from downtown Ottawa, near O'Connor and Somerset Streets, residents enjoy easy access to the Parliament Buildings, Rideau Canal, University of Ottawa, and the vibrant shops, cafes, and restaurants of Elgin and Bank Streets. Everyday amenities are nearby, including Independent Grocer (2 minutes) and Farm Boy (5 minutes), making this one of Ottawa's most desirable and walkable locations. A truly distinguished property, this classic Victorian represents a rare opportunity to own a piece of Ottawa's architectural heritage, a beautifully maintained residence where history, charm, and prime location come together perfectly. (id:5764)

260 West Somerset Street West, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$874,900

5 Beds ⋅ 4 Baths ⋅ X13410966 MLS® #

Welcome to 546 Guy Street. Custom built and thoughtfully designed by award-winning Colizza Bruni Architecture, this stunning 4 bedroom, 3 bathroom two-storey home offers modern living in the heart of Castle Heights. Less than 6 years old, this home showcases exceptional craftsmanship, a smart layout, and high-end finishes throughout. The main level features beautiful hardwood flooring and a bright, open-concept design ideal for both everyday living and entertaining. The chef-inspired kitchen is equipped with top-of-the-line stainless steel appliances, complemented by quality cabinetry and functional workspace. A spacious living and dining area creates a warm and inviting atmosphere. Upstairs, you'll find generously sized bedrooms designed for comfort and practicality, making this home ideal for growing families. A standout feature is the thoughtfully designed lower level, offering a separate entrance to a self-contained 1 bedroom, 1 bathroom suite. This property is a legal duplex, providing excellent potential for multigenerational living, rental income, or added flexibility. Located in the established and evolving Castle Heights neighborhood, the area offers a mix of character homes and newer infill developments, attracting families, first-time buyers, and investors alike. Enjoy close proximity to parks, schools, shopping, and everyday amenities, including the St. Laurent Shopping Centre, grocery stores, and convenient transit options. The neighborhood is known for its welcoming, multicultural community and practical lifestyle appeal. An excellent opportunity to own a newer, custom-built home in a central location. Also available: 548 Guy Street, which can be purchased together for added investment or multigenerational potential. (id:5764)

546 Guy Street, Ottawa

Listing courtesy of EXP REALTY.

$2,599,000

16 Beds ⋅ 8 Baths ⋅ X13410974 MLS® #

Modern Fourplex located in Sandy Hill, offering fully furnished 4 bedrooms and 2 bathrooms with a washer & dryer in every unit. Built in 2020, in a prime rental location, close to downtown, the By-ward Market, the Rideau Canal and more specifically, the University of Ottawa, this property is a CASH-COW with with one of the lowest vacancy rates in the City. The security & keypad system allows the Tenants to have peace of mind and easy access. These units offer modern amenities not found in other rental properties. Net Income $116,709.03/2025 (id:5764)

227 BLACKBURN Avenue, Ottawa

Listing courtesy of EXP REALTY.

$1,399,000

6 Beds ⋅ 4 Baths ⋅ X13249426 MLS® #

Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today! (id:5764)

52 St Andrew Street, Ottawa

Listing courtesy of EXP REALTY.

$349,900

5 Beds ⋅ 2 Baths ⋅ X13240360 MLS® #

Excellent Investment & Owner-Occupier Opportunity in Cornwall! Discover this fantastic, well-maintained duplex presenting a great opportunity for investors and homeowners alike. The property features two distinct 2-bedroom, 1-bathroom units, each offering a spacious living space and a functional kitchen. Situated on a large lot, this property boasts ample parking for multiple vehicles and significant outdoor space perfect for gardens and a play area. With a low-maintenance exterior, you can spend more time enjoying the benefits of ownership. Its location offers convenient access to local amenities, schools, transit routes, and major highways, making it highly desirable for tenants. (id:5764)

331 7th Street East, Cornwall

Listing courtesy of CENTURY 21 ACTION POWER TEAM LTD..

$669,900

4 Beds ⋅ 4 Baths ⋅ X13239558 MLS® #

Set your Own Rent! This Duplex on a large lot in a fantastic location is ready for you to enjoy. The Main floor 3 bedroom unit will be vacant on closing, so you can either set your own rent or move in and take advantage of the Upper Unit cash flow. This well cared for home is located in a wonderful area, only steps to Beechwood Ave, shopping, transit, schools and more. The 2 storey Main Level unit offers spacious living and dining areas and a good sized Kitchen, with 3 bedrooms, 3 bathrooms, and a finished lower level with den, laundry and plenty of room for extra storage. The One Bedroom upper unit is spacious and well laid out, with full bathroom and in-unit laundry. Perfect for extra cash flow to help pay the mortgage. The large property also boasts an oversized detached garage with electricity, heat and water hookups, and the private backyard patio allows for easy enjoyment of the summer. This large, well located lot also allows for potential multi unit future development possibilities in a great location. (id:5764)

95 Ste Cecile Street, Ottawa

Listing courtesy of COLDWELL BANKER SARAZEN REALTY.

$1,800,000

X13242440 MLS® #

Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while. Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. (id:5764)

314 Somerset Street East, Ottawa

Listing courtesy of COLDWELL BANKER SARAZEN REALTY.

$679,900

3 Beds ⋅ 4 Baths ⋅ X13234666 MLS® #

Rare offering! Legal semi-detached (side-by-side) property with both units under one ownership, ideally located in the heart of historic and charming Metcalfe. Zoned V1I, VM, this versatile property presents a wide range of opportunities for homeowners, investors, and entrepreneurs alike. Perfect for a large or multi-generational family, this property also offers excellent income potential. Live in one unit and rent the other, or lease both for a strong investment return. The flexible zoning allows for residential, commercial, or mixed-use applications-ideal for those looking to combine living and business in one location. Permitted uses include residential living with secondary units, home-based businesses, bed & breakfast, and more. Commercial possibilities include retail, office space, café or restaurant, personal services, or a mixed-use configuration. Prime location close to local amenities, shops, and the charm that makes Metcalfe one of Eastern Ontario's most desirable communities. A unique property with exceptional flexibility and upside, don't miss this opportunity. (id:5764)

8197 Victoria Street, Ottawa

Listing courtesy of LPT REALTY.

$699,900

X13233286 MLS® #

Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.66% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2 Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: (VACANT) Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you've been waiting for! Financials Available (id:5764)

2343 Church Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$699,900

6 Beds ⋅ 4 Baths ⋅ X13233290 MLS® #

Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.66% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2 Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: (VACANT) Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you've been waiting for! Financials Available (id:5764)

2343 Church Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,350,000

6 Beds ⋅ 5 Baths ⋅ X13236514 MLS® #

Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $97,740 in gross annual income at a 5.8% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows installed in 2023, and a new furnace and hot water tank installed in 2023. With all major capital improvements completed and the remaining building components in good condition, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also comes with 3 parking spaces across the two driveways on site. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive assumable financing, and significant recent improvements in one of Ottawa's premier rental neighbourhoods. Unit B, D, and E are currently vacant (rent is projected based on prior leases) - these units can be leased prior to closing or held vacant for the purchaser. (id:5764)

514 Lyon Street North, Ottawa

Listing courtesy of EXP REALTY.

$1,350,000

X13235238 MLS® #

Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $97,740 in gross annual income at a 5.8% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows installed in 2023, and a new furnace and hot water tank installed in 2023. With all major capital improvements completed and the remaining building components in good condition, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also comes with 3 parking spaces across the two driveways on site. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive assumable financing, and significant recent improvements in one of Ottawa's premier rental neighbourhoods. Unit B, D, and E are currently vacant (rent is projected based on prior leases) - these units can be leased prior to closing or held vacant for the purchaser. (id:5764)

514 Lyon Street North, Ottawa

Listing courtesy of EXP REALTY.

$515,800

2 Beds ⋅ 2 Baths ⋅ X13230598 MLS® #

In the heart of Osgoode, this unique income property offers the charm of village living with the convenience of an easy commute - just 35 minutes to downtown Ottawa. Zoned Village Mixed-Use, possibilities include a variety of residential or future development opportunities. Dwelling 1 is currently tenanted at $1,500/month with an excellent long-term tenant and a lease secured through December 31, 2026, providing immediate, stable rental income. Dwelling 2 is owner-occupied and will be delivered vacant upon possession, making it ideal for owner occupancy or securing a new tenant in a community where rental demand remains strong and inventory is limited. Located close to schools, the local library, everyday amenities, scenic walking trails, and within walking distance to a popular local coffee shop. For outdoor enthusiasts, the property is located approximately 1 km from the river and nearby boat launch, providing easy access to boating, paddling, fishing, and waterfront recreation. Step outside and enjoy the peaceful backyard retreat - a perfect space to relax, entertain, or unwind after a long day. Recent updates completed by the current owner include: New roof (2016) New windows (2017) Water softener (2019) Electric panel upgrade (2020)Furnace & central A/C (2021) Hot water tank (2024). (id:5764)

5505 Osgoode Main Street, Ottawa

Listing courtesy of EXIT REALTY MATRIX.

$1,200,000

X13226012 MLS® #

CASH COW INVESTMENT OPPORTUNITY - Welcome to 355 County Road 16, Jasper, Ontario - the former historic Jasper Hotel, thoughtfully converted into a 9-unit residential income property offering strong cash flow and long-term investment potential. This unique building combines small-town charm with stable rental income and features a diverse unit mix consisting of: 1 x Three-Bedroom Townhouse-Style Apartment, 2 x One-Bedroom Apartments, 3 x Studio Apartments, 3 x Single Rooms. Situated in the heart of Jasper, this landmark property has been repurposed into cozy apartments; investors will appreciate the multiple income streams. The property's location offers the perfect balance of rural living and urban accessibility. Residents enjoy a peaceful small-town setting while remaining just minutes from Smiths Falls and within easy reach of Ottawa. Sports and entertainment enthusiasts will appreciate being only a 49-minute drive from the home of the Ottawa Senators, Canadian Tire Centre, making NHL games, concerts, and major events easily accessible. (id:5764)

355 County Road 16 Road, Elizabethtown-Kitley

Listing courtesy of RE/MAX AFFILIATES MARQUIS.

$1,495,000

5 Baths ⋅ X13225834 MLS® #

Nestled in one of Ottawa's most desirable neighborhoods, this exceptional property presents a rare investment opportunity in the heart of the Glebe. From its impressive street presence to its thoughtfully maintained interiors, every aspect of this building exudes quality and charm. With lot frontage on Strathcona, O'Connor and Patterson, this property offers a unique blend of historic charm and modern convenience, making it an ideal investment opportunity while having a perfect place to call home in the main floor unit. Boasting stable rental income and long-term growth potential, this is an ideal addition to any real estate portfolio. With solid tenancy in place and future development potential, this is a turn-key opportunity in one of Ottawa's most sought-after neighborhoods.120 Strathcona is an updated 5 unit (4+1 legal non-conforming) building boasting an unbeatable location, spacious sun-filled units, thoughtfully maintained throughout with strong rental appeal; five parking spaces (six if tandem at front); on-site lockers/laundry facilities for tenant convenience and so much more. Fire Retrofit Certification 2019. Residents enjoy easy access to a wide range of amenities, including trendy shops, cafes, restaurants, parks, the Canal, Lansdowne, the NAC, Parliament Hill and everything special that this Nation's Capital has to offer. (id:5764)

120 Strathcona Avenue, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$499,900

4 Beds ⋅ 2 Baths ⋅ X13222174 MLS® #

Investment or Development Opportunity! Legal duplex on a 40 x 100 lot situated at the top end of Marier Ave, just 1.5 blocks away from Beechwood Avenue! Each unit has 2 bed, 1 full bath, Kitchen and combined Living/dining areas. Unit 1 has access to basement with tons of additional storage. Unit 1 tenant vacating at end of June- ideal opportunity for investors to find their own tenant or to live in one unit and rent the other. Ample parking for both tenants and a detached garage for extra storage. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition. Minimum 24 hrs notice for all showings. (id:5764)

89 Marier Avenue, Ottawa

Listing courtesy of SOLID ROCK REALTY.

$499,900

5 Beds ⋅ 2 Baths ⋅ X13220486 MLS® #

Some properties simply offer more possibilities than others, and this charming downtown Arnprior duplex is one of them. Whether you're looking for a home that helps pay the mortgage, investment, or a place where multiple generations can live comfortably together, this property offers the flexibility to make it your own. Set on a large, tree-lined lot just steps from schools, parks, the hospital, and downtown amenities, you'll immediately notice the sense of space and warmth that makes this property feel like home. The front three-bedroom unit is bright, welcoming, and filled with natural light. Hardwood floors, large windows, and an open-concept layout create a comfortable gathering space. Upstairs, three generous bedrooms and a full bathroom provide plenty of room for a growing family, while thoughtful updates, including a newer furnace and updated flooring. The rear unit offers a completely separate living space with its own cozy character. Featuring an eat-in kitchen, comfortable living room, bedroom, den, and full bathroom, it provides excellent rental income potential or a private space for family members who want independence while staying close to home. Outside, the oversized deck invites you to slow down and enjoy the simple things-a morning coffee in the shade, summer barbecues with friends, or a quiet evening listening to the trees sway overhead. Mature landscaping, two storage sheds, and ample parking make everyday living easy for both owners and tenants. Properties like this are becoming harder to find-offering the perfect balance of homeownership, income potential, and location. (id:5764)

198 Harriet Street, Arnprior

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$750,000

5 Beds ⋅ 2 Baths ⋅ X13223088 MLS® #

Spacious 5-Bedroom Home in the Heart of Ottawa Multi-Gen Living or Duplex Potential! Welcome to a rare find in the heart of Ottawa, a beautifully updated 5-bedroom home that was originally designed as a duplex and can easily be converted back! Whether you're dreaming of multi-generational living, income potential, or just need extra space, this property offers incredible flexibility in a prime central location. Currently enjoyed as a single expansive residence, the home features a thoughtfully integrated layout with 5 bedrooms, 2 full bathrooms including a 4-piece and a 3-piece, 2 full kitchens, and generous living space perfect for growing families or hosting guests. The dual kitchens make this home ideal for extended families, in-laws, or those considering a future rental setup. Step outside to your private backyard retreat, complete with a sun-filled deck perfect for entertaining, relaxing, or creating your own urban garden. Tucked away in a desirable Ottawa neighbourhood, you're just minutes from top schools, parks, shopping, transit, and every amenity you could need. Live large as one home or easily reconfigure into two units the choice is yours. Whether you're looking to offset your mortgage, accommodate extended family, or generate rental income, this one-of-a-kind property offers space, style, and opportunity. Don't miss your chance to make it yours! (id:5764)

235-237 Guigues Avenue, Ottawa

Listing courtesy of EXIT REALTY MATRIX.

$999,900

5 Beds ⋅ 3 Baths ⋅ X13219890 MLS® #

Beautifully Renovated Duplex with Authorized 3rd Apt. 3 bdrm/Main flr, 2bdrm-DEN/Second flr, 2 bdrm/Lower flr. Current Gross Rent $64K. Fully Rented with renovated Open Concept Apts. Top End Appliances, Owned hot water tanks, in suite laundry, newer roof, Private yards and Prime QTN location close to Lincoln Heights, Carlingwood Mall, Britannia Beach, O Train and Easy Queensway Access (id:5764)

860 CONNAUGHT Avenue, Ottawa

Listing courtesy of COLDWELL BANKER SARAZEN REALTY.

$1,200,000

6 Beds ⋅ 4 Baths ⋅ X13218280 MLS® #

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16' x 12' upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario's fastest-growing communities. All kinds of possibilities with this unique income property. (id:5764)

85-87 Victoria Street, Carleton Place

Listing courtesy of CENTURY 21 SYNERGY REALTY INC.

$978,000

5 Beds ⋅ 5 Baths ⋅ X13216242 MLS® #

This exceptional parkside property offers a rare blend of urban character, immediate cash flow, and premium location. Operating as a fiveplex with a non-conforming fifth basement suite (property taxes from the city come for five units), the building features a highly rentable layout anchored by a large two bedroom unit with a spacious living area, and a mix of different sized one bedroom apartments. Location is an incredible selling point here, sitting directly in front of a vibrant park and community recreation centre, being one of the greenest areas in downtown environment, just a short walk to the best of Chinatown, Little Italy, and the Glebe. The investment delivers total peace of mind with approximately $64,020 in yearly rent income, fully occupied by respectful young professionals. This property has been meticulously maintained with high-value updates already completed, including a new roof and eavestroughs in November 2023, an updated main electrical panel in 2015, and a steady history of interior refreshes to the flooring, washrooms, and appliances. This is a turnkey addition to any portfolio, offering massive long term value and clear rental upside based on its irreplaceable setting and solid condition. The lot comes with two parking spaces: one is designated for tenant use, and the other is a legal easement reserved for the neighboring property. (id:5764)

634 GLADSTONE Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.

$1,195,000

5 Beds ⋅ 3 Baths ⋅ X13214912 MLS® #

Excellent investment opportunity in the desirable Laurentianview /Westboro area! Offered at $1195000, this well maintained and updated legal triplex complete with fire retrofit features quality tenants and strong future rental upside. Two (2 )bedroom and One (1)bedroom. Updates include a new roof(2021), newer windows, front steps(2023), newer appliances, Furnace and AC (2018), 3 new sheds 2023. Four hydro meters with tenants paying their own hydro helps keep operating costs down. Enjoy a lovely shared backyard area with BBQ space and three storage sheds. Ample parking for all tenants. Conveniently located close to transit, shopping, restaurants, parks and all the amenities this sought out area has to offer. A solid addition to any investment portfolio. 48 hours notice required for all showings. (id:5764)

707 Edison Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,489,900

6 Beds ⋅ 4 Baths ⋅ X13212452 MLS® #

Welcome to 66 Delaware Avenue in Ottawa's desirable Golden Triangle! Situated in a vibrant neighbourhood with easy access to year-round recreation, shopping, dining, entertainment, parks, bike paths, and more, this well-maintained and architecturally distinctive legal four-unit building presents an exceptional investment opportunity.The ground floor features Apartment 1, a spacious two-bedroom unit with a four-piece bathroom, a gourmet kitchen equipped with four appliances, and convenient interior access to basement laundry and storage. The second floor is home to a large one-bedroom apartment with a three-piece bathroom and a custom-updated kitchen complete with four appliances. Also on this level is a charming two-room studio apartment featuring a south-facing deck and two included kitchen appliances. The third floor offers a generous two-bedroom unit with two included kitchen appliances. Apartments 2 and 3 pay their own hydro costs. The building is efficiently heated with natural gas hot-water radiant heating. Additional highlights include high ceilings and newer vinyl tilt-and-clean windows throughout. Major updates include a natural gas boiler installed in January 2026 and asphalt-shingled roofing on three sides of the building, all replaced within the past 12 years using durable 40-year shingles. Rear roof 40 year shingles June 2026. Currently fully occupied. Rent Roll available. (id:5764)

66 Delaware Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$995,000

10 Beds ⋅ 7 Baths ⋅ X13209436 MLS® #

Exceptional investment opportunity in the heart of North Gower, offering immediate income and outstanding future development potential. Positioned prominently at the intersection of Roger Stevens Drive and Fourth Line Road, this unique land assembly includes two fully tenanted triplex buildings along with a commercially zoned parking lot situated between them. The parking area accommodates approximately 10-12 vehicles and features a versatile outbuilding currently utilized for storage. With Village Mixed Use (VM) zoning, this property presents remarkable flexibility for a wide range of commercial, residential, or mixed-use possibilities. Whether you're seeking a strong income-generating asset, a strategic land holding, or a site with exciting redevelopment prospects, this offering delivers exceptional value and long-term upside in a growing community. *Lot size is based on all three properties. (id:5764)

6607-6613 Fourth Line Road, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

Investor's Corner: Multi-Family Properties