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.

$1,165,000
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.

$1,399,900
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.

$699,990
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.

$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.

$499,000
3 Beds 2 Baths X13561686 MLS® #
Welcome to 8 Grant Street, ideally located just steps from the heart of Perth and all the shops, restaurants and amenities that make this vibrant community. Versatility is the hallmark of this exceptional property, with R2 zoning. Whether you're looking for a SOLID INVESTMENT, with 2 rental units, a single-family home, a private space for older children or extended family, an income-generating rental or a potential Airbnb opportunity, this home can easily adapt to suit your needs. Inside, every detail has been thoughtfully updated with style, quality, and character. The main living space features a practical and inviting layout centered around a beautifully renovated kitchen that seamlessly flows into the dining and living areas-perfect for both everyday living and entertaining. Two comfortable bedrooms and a stunning full bathroom complete this warm and welcoming home. THEN the self-contained one-bedroom, one-bathroom suite offering its own kitchen, laundry and living space. Whether used for guests, family or additional income, this flexible space adds tremendous value and opportunity. Outside, you'll appreciate the convenience of being within walking distance of schools, parks and downtown Perth. A detached garage and ample parking provide plenty of room for vehicles, hobbies and storage. Updated, versatile and full of possibilities, 8 Grant Street is a rare opportunity to own a home that can evolve with your lifestyle or JUMP in the investment world. To truly appreciate everything it has to offer, it must be seen in person. 1 BEDROOM CURRENTLY RENTED AT $1200/month. (id:5764)

8 Grant Street, Perth

Listing courtesy of REMAX BOARDWALK REALTY.

$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.

$704,900
4 Beds 4 Baths X13549692 MLS® #
Welcome to 1060 Moore Street, the ultimate real estate opportunity, whether you are a first-time homebuyer looking to have a tenant pay your mortgage, or a savvy investor hunting for a turnkey, dual-income asset. Currently under construction and slated for occupancy this September, this brand-new duplex features the expertly designed "Stratford" model by Mackie Homes, delivering approximately 3,035 square feet of pristine, modern living space. The main upper residence, with 2,095 sq/ft, functions like a high-end single-family home, boasting a bright, open-concept layout where the kitchen serves as the heart of the home, complete with a center island, premium quartz countertops, a walk-in pantry, and a dedicated office nook for seamless remote work. The adjacent living room features an elegant tray ceiling and flows naturally into the dining area, with sliding doors leading out to a private sun deck and the backyard. Upstairs, the home offers 3 bedrooms and 2 bathrooms, highlighted by the luxurious primary suite, which features a walk-in closet and a spa-like 5-pc ensuite with a freestanding tub, separate shower, and dual-sink vanity, all complemented by an oversized single-car garage below. Meanwhile, the fully self-contained, 940 sq/ft, lower level acts as an incredible income generator, flooded with natural light from massive windows that completely erase any "basement" feel, and it comes fully equipped with 2 spacious bedrooms, a full bathroom, comfortable living and dining areas, a full kitchen, and its own private laundry. With zero immediate capital expenditures, modern energy efficiency, a full builder warranty, and perfect timing for the fall market, this versatile property allows you to maximize your financial potential from day one, so reach out today for the full digital package before construction wraps up! Exterior Photo is a rendering of a similar home and is to be used only as an example. (id:5764)

1060 Moore Street, Brockville

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$799,000
5 Beds 3 Baths X13544702 MLS® #
Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you're an experienced investor or looking to add a quality income property to your portfolio, 734 De L'Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood. (id:5764)

734 De L'eglise Street, Ottawa

Listing courtesy of AVENUE NORTH REALTY INC..

$819,900
4 Beds 2 Baths X13538414 MLS® #
Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city's most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low - to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City's long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you're looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa's urban core. (id:5764)

498 Gladstone Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$819,900
4 Beds 2 Baths X13538516 MLS® #
Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city's most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City's long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you're looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa's urban core. (id:5764)

498 Gladstone Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

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