Multi-Family Listings

Exceptional commercial/residential investment opportunity in a prime Ottawa Centre location. This well-maintained property offers strong existing tenancy, excellent income potential, and future flexibility for investors, entrepreneurs, or owner-occupiers. Located in a highly visible commercial hub with excellent exposure, convenient access to Highway 417, and proximity to Dow's Lake, Lansdowne, and Ottawa's downtown core, this property offers outstanding accessibility and long-term potential. Situated on a generous lot of approximately 33 ft x 99 ft, the property features rear parking for up to 6 vehicles and a versatile layout with multiple income streams. This property includes approximately 1,100 sq. ft. per side, plus basement space. One office space is currently owner-occupied and could potentially be rented for approximately $3,000/month. Additional income includes Unit 453, a spacious 3-bedroom, 1-bathroom unit with in-unit laundry plus parking, currently rented for $1,850/month. Unit 451 is a second-floor 3-bedroom, 1-bathroom unit with kitchen and parking, currently rented for $1,450/month, with potential for future rent increase. The property also benefits from stable tenancy and strong rental demand. Ideal for investors looking to expand their portfolio or buyers seeking a live-work/business opportunity with additional revenue. A rare find with excellent parking, strong income, visibility, and future business potential. Book your showing today and explore all the possibilities this unique property has to offer. Separate utilities: Roof replaced (2023), Furnace (2016). Great opportunity to secure a property that offers both immediate revenue and long-term growth. Book your showing today! (id:5764)

453 Catherine Street North Unit 451 & 453, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$2,395,000

20 Beds ⋅ 7 Baths ⋅ X13527154 MLS® #

Rarely available 6-unit with accessory 7th unit in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025 (id:5764)

342 Frank Street, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$2,395,000

X13527146 MLS® #

Rarely available 6-unit with accessory 7th unit investment property in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025. (id:5764)

342 Frank Street, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$889,000

7 Beds ⋅ 3 Baths ⋅ X13527622 MLS® #

Welcome to 1197 Maitland, a well-maintained legal duplex that has been lovingly cared for by the same family for many years. Pride of ownership is evident throughout, with numerous upgrades completed over time.The move-in-ready ground-floor apartment offers the perfect opportunity for an owner-occupant, while the upper apartment and basement apartment provide excellent rental income potential. Each unit features separate hydro meters and its own laundry, offering added convenience and privacy for tenants.Whether you're looking to live in one unit while generating rental income or expand your investment portfolio, this versatile property presents an exceptional opportunity. (id:5764)

1197 Maitland Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$399,900

4 Beds ⋅ 2 Baths ⋅ X13521868 MLS® #

Neat and Tidy Duplex in Sought-After Arnprior ! Investors and home owners alike will appreciate this well maintained upper and lower duplex, ideally located in the desirable Town of Arnprior. The property is fully rented with great tenants already in place. The upper unit is bright and spacious, featuring 2 bedrooms, a good sized living room, kitchen and a 4 piece bath. The main floor unit also offers 2 bedrooms, a generous living room, kitchen and 4 piece bath. Both units are comfortable and in great condition. A shared coin operated laundry is available for the tenants use. The main level boasts a covered verandah to while away the afternoon. An oversized barn-style garage is currently being used by one of the tenants and there is ample parking available with 2 spaces for one tenant and 3 for the other. The tenants enjoy shared use of a lovely big lot. Upgrades include: roof 2015, furnace 2012, rental hot water tank 2015. Arnprior is a fast growing town and a great place to invest. This duplex is within walking distance of downtown Arnprior with shops, restaurants, banks, museum, library and much more. Arnprior offers a highly accredited hospital with many services available. An easy 30 minute commute to Kanata or 45 minutes to downtown Ottawa! Live in one unit and rent the other for extra income....or buy as an investment. Come and see ! (id:5764)

27 MacDonald Street South, Arnprior

Listing courtesy of RE/MAX ABSOLUTE REALTY INC..

$1,399,900

X13517736 MLS® #

Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings. (id:5764)

279 ST ANDREW Street, Ottawa

Listing courtesy of CENTURY 21 SYNERGY REALTY INC.

$1,524,900

6 Beds ⋅ 6 Baths ⋅ X13514378 MLS® #

Turn-key and tenant-ready, this well-maintained 6-unit property - all 1-bed, 1-bath layouts - is now available at a newly reduced price. With a strong 6% cap rate and NOI just over $93,000 annually, 154-156 Dagmar offers investors a rare combination of stability and upside, right on the border of desirable Beechwood. Every unit has been thoughtfully updated, and major systems are in excellent condition - meaning less maintenance headache and more predictable returns from day one. The uniform 1BR/1BA unit mix simplifies management and appeals to a steady pool of renters, while a history of minimal vacancy speaks to the property's consistent demand and reliable cash flow. Whether you're growing your portfolio or making your first move into multifamily, this is an opportunity that checks the boxes: strong income, low turnover, a sought-after Beechwood-adjacent location, and a price point that just got more attractive. ey features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross income $116,160, Operating expenses: $23,022, Net Operating Income (NOI): $93,138. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. Some photos are virtually staged. (id:5764)

154-156 Dagmar Avenue, Ottawa

Listing courtesy of SUTTON GROUP - OTTAWA REALTY.

$1,524,900

X13514334 MLS® #

Turn-key and tenant-ready, this well-maintained 6-unit property - all 1-bed, 1-bath layouts - is now available at a newly reduced price. With a strong 6% cap rate and NOI just over $93,000 annually, 154-156 Dagmar offers investors a rare combination of stability and upside, right on the border of desirable Beechwood. Every unit has been thoughtfully updated, and major systems are in excellent condition - meaning less maintenance headache and more predictable returns from day one. The uniform 1BR/1BA unit mix simplifies management and appeals to a steady pool of renters, while a history of minimal vacancy speaks to the property's consistent demand and reliable cash flow. Whether you're growing your portfolio or making your first move into multifamily, this is an opportunity that checks the boxes: strong income, low turnover, a sought-after Beechwood-adjacent location, and a price point that just got more attractive. ey features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross rental income: $116,160, Operating expenses: $23,022, Net Operating Income (NOI): $93,138. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. Some photos are virtually staged. (id:5764)

154-156 Dagmar Avenue, Ottawa

Listing courtesy of SUTTON GROUP - OTTAWA REALTY.

$599,000

6 Beds ⋅ 2 Baths ⋅ X13511282 MLS® #

Exceptional investment opportunity in the heart of Belleville! Purpose-built as a side-by-side duplex, this property features two spacious units, each offering 3 bedrooms, separate entrances, private driveways, and individual garages-an ideal setup for investors or buyers looking to live in one unit while generating rental income from the other. Tenants pay all utilities! Both units offer functional layouts with bright, generously sized principal rooms and comfortable living spaces designed for long-term appeal. The property's purpose-built design provides excellent privacy between units while maximizing rental potential and ease of management.Significant recent improvements add tremendous value and peace of mind. In 2023, both 207 and 209 Foster Avenue underwent a complete electrical rewiring including new approved wiring and updated electrical panels to accommodate arc-fault breakers. In 2025, the entire exterior was transformed with new aluminum siding and soffits completed, enhancing curb appeal while reducing future maintenance.Ideally located in a mature Belleville neighbourhood, this duplex is just minutes from downtown, shopping, restaurants, schools, parks, public transit, healthcare services, and Highway 401, making it highly attractive to both tenants and owner-occupants.Whether you're expanding your investment portfolio, seeking a reliable income property, or looking for the perfect mortgage helper, this rare purpose-built duplex offers exceptional versatility, quality updates, and outstanding long-term value in one of Belleville's most convenient locations. Both tenants have been in place since 2019 and currently pay $1,592.05 (207) & $1,648.90 (209). 24 hours notice required for all showings. (id:5764)

207-209 Foster Avenue, Belleville (Belleville Ward)

Listing courtesy of CENTURY 21 SYNERGY REALTY INC.

$699,000

6 Beds ⋅ 3 Baths ⋅ X13509536 MLS® #

Opportunity to own a solid triplex in a well-established Ottawa neighbourhood with strong rental demand! This property features three spacious 2-bedroom, 1-bathroom units, each offering hardwood flooring, ceramic tile in the kitchens and bathrooms, and practical layouts that appeal to tenants. Several updates have been completed over the years, including renovated units, newer windows, and a resurfaced driveway. A detached single-car garage provides additional storage or parking options. Tenants pay their own hydro, helping to keep operating costs down. A great option for investors looking to add to their portfolio or those seeking a multi-unit property with long-term potential. (id:5764)

142 Ste Cecile Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$649,900

4 Beds ⋅ 3 Baths ⋅ X13508542 MLS® #

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.12% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers. (id:5764)

174 Arthur Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,225,000

14 Beds ⋅ 6 Baths ⋅ X13509382 MLS® #

This well-maintained 6-plex presents an outstanding investment opportunity in the heart of Gananoque. Built in 1956 and situated on a large R2-zoned lot, the property offers excellent long-term value with a private parking lot at the rear for tenant convenience. Currently, five of the six units are occupied, providing immediate and stable rental income, while the sixth unit is vacant and available for July 1 occupancy, offering potential for increased cash flow through market rent. Ideally located close to schools, grocery stores, and other local amenities, the property remains highly attractive to tenants seeking convenience and accessibility. The building has demonstrated exceptional rental stability, maintaining an average vacancy rate of just 3.5% over the past five years, reflecting strong tenant demand in the area. Generating a strong Net Operating Income of more than $85,000, this property is a turnkey addition to any investment portfolio. Major capital improvements have already been completed, including new windows in 2016, a roof replacement in 2021, and a new furnace in 2024, helping to minimize future maintenance costs. With strong financial performance, proven occupancy, quality upgrades, ample parking, and a desirable location, this is a rare opportunity to acquire a solid multifamily asset in one of Eastern Ontario's most sought-after communities. (id:5764)

395 Pine Street East, Gananoque

Listing courtesy of CENTURY 21 SYNERGY REALTY INC.

$1,150,000

8 Beds ⋅ 3 Baths ⋅ X13507206 MLS® #

Built in 2004, 3 Hilda Street is a purpose-built triplex offering a rare opportunity to own a newer, low-maintenance income property in one of Ottawa's most convenient central locations. Just steps to public transit, Bayview Station, shopping, restaurants, parks, schools, and minutes to downtown, this property offers the accessibility and convenience today's tenants are looking for.The building features three spacious two-bedroom apartments, each with bright, functional layouts, modern appliances, and the convenience of in-suite laundry with a dedicated washer and dryer. The two upper apartments also have a den/third bedroom. Every unit is independently serviced with its own forced-air furnace and rented hot water tank, providing simplified management and helping reduce landlord operating costs.Two units are currently leased for $2,178/month and $1,912/month, while the vacant basement apartment provides immediate flexibility to secure a new tenant at market rent or move in yourself. This creates an excellent opportunity for an owner-occupier to offset their mortgage with rental income and potentially purchase with as little as 5% down (subject to lender qualification).Purpose-built construction and modern mechanical systems mean lower maintenance requirements and fewer capital expenses than many older multi-unit properties. Whether you're an investor looking to expand your portfolio or a buyer seeking a smart house-hacking opportunity, 3 Hilda Street delivers the ideal combination of strong income, modern construction, exceptional location, and long-term investment potential. See attachments for permit and compliance report for third unit. (id:5764)

3 Hilda Street, Ottawa

Listing courtesy of CENTURY 21 GOLDLEAF REALTY INC..

$1,199,000

4 Beds ⋅ 4 Baths ⋅ X13504228 MLS® #

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity. (id:5764)

10 Sherbrooke Avenue, Ottawa

Listing courtesy of ENGEL & VOLKERS OTTAWA.

$949,000

6 Beds ⋅ 4 Baths ⋅ X13500338 MLS® #

Rare opportunity to own a side-by-side duplex in an exciting up-and-coming neighbourhood! Vacant side-by-side duplex, ready for multiple opportunities, use your imagination! Situated on a spacious lot in a centrally located area just minutes from the LRT, shopping, restaurants, schools and everyday amenities, this property offers exceptional flexibility for investors and owner-occupants alike. Each vacant unit features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. The utilities are all metered separately. With both units vacant, you have the rare advantage of setting your own rents from day one, renovating to maximize value, or moving into one side while generating income from the other. Inside, both homes offer welcoming front foyers with convenient closet space, main floor powder rooms, and spacious, functional living areas perfect for families or tenants. Patio doors lead directly to the private backyard oasis, creating an ideal indoor-outdoor lifestyle. Upstairs, each unit boasts an oversized primary bedroom with a comfortable sitting area and direct access to the full bathroom, while the second and third bedrooms are generously sized to accommodate double beds with ease. Surrounded by homes undergoing extensive renovations and new construction, this rapidly transforming neighbourhood continues to attract homeowners and investors alike, making this an outstanding opportunity to build long-term wealth in a location with tremendous upside. Whether you're looking to expand your investment portfolio, renovate for increased value, or enjoy the financial advantages of living in one unit while renting the other, this versatile property offers endless possibilities at exceptional value. Book your showing today! (id:5764)

1991 Banff Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,098,800

4 Beds ⋅ 2 Baths ⋅ X13500076 MLS® #

Welcome to 169 Florence Street where you will find this beautiful and totally remodelled duplex in the heart of centretown located on a super quiet street! Approx $300k has been invested by the same family which has owned the property for over 50 years! Absolute high quality materials and craftsmanship is evident from the moment you enter with features such as new steel exterior & interior doors,remodelled kitchens featuring quartz countertops and stainless appliances, fully remodelled bathrooms w/quartz topped vanities, new insulation in attic & main level, updated electrical,new drywall,plumbing/heating piping,recessed LED lighting,luxury vinyl flooring, new appliances including new washer/dryers for both apts, painted steel stairs at rear of bldg for upper unit for fire escape, high efficiency gas furnace'15, new A/C unit '24, windows replaced approx.2000, updated front balcony area w/new soffits. New (up to code) smoke detectors installed throughout, new stucco installed at rear 2022. Property consists of 2 units- main level apt#1- (2 bedrooms) rented to excellent tenants $2500.00/month on a month to month basis and upper level apt#2 (2 bedroom + den) leased until April 30th 2027 also rented to great tenants at $2550.00/mo.for a total of $60,600.00/year. (both apt. tenants pay their own hydro).The spacious basement area has dry,concrete floors and is approx 5' in height and features an as-is bathrm plus direct access to outside. 1 electric hwt (owned) for upper level unit and 1 gas hwt (rented) for main level unit. 2 separate hydro meters. Attic space may also offer additional living space potential! Parking at rear can accommodate up to 3 cars!! Don't miss this opportunity to own this lovingly maintained, turn-key duplex in a fantastic location so close to countless amenities,bus routes and queensway. 24 hr irrevocable for offers. (id:5764)

169 Florence Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$790,800

5 Beds ⋅ 3 Baths ⋅ X13492392 MLS® #

Great investment opportunity in the heart of Vanier! This well-located triplex is zoned R4E, offering excellent potential for investors seeking strong cash flow and future development possibilities. Situated on a quiet side street just steps from Montreal Road, with convenient access to shops, grocery stores, restaurants, public transit, schools, and parks.The property features three levels: the main floor offers a foyer, living room, dining room, 2 bedrooms plus a den,1 bathroom and laundry. The upper unit includes a foyer, living room, kitchen, 2 bedrooms,1 bathroom and laundry and the basement unit consists of 1 bedroom and 1 bathroom. The basement requires renovations but presents strong potential for additional income once completed.Set on a large lot with a private driveway accommodating up to 6 vehicles, this property is ideal for investors or renovators looking to add value in a highly accessible, in-demand location. Property being sold "as is". The seller makes no representations or warranties. (id:5764)

361 Iberville Street, Ottawa

Listing courtesy of LPT REALTY.

$1,180,000

4 Beds ⋅ 4 Baths ⋅ X13492274 MLS® #

Imagine owning a classic Glebe home and transforming it into the home you've always dreamed of. 86 Fourth Avenue presents a rare opportunity to purchase a timeless red brick property in one of Ottawa's most sought-after neighbourhoods while enjoying the flexibility of its current duplex configuration. Occupy either the main floor or upper suite and continue renting the other to help offset your mortgage, renovate one level at a time at your own pace, or transform the property into the extraordinary single-family residence you've always envisioned. Conceptual architectural floor plans have already been prepared, providing inspiration for a stunning four-bedroom family home while still giving you the freedom to personalize every detail and create a home that is uniquely your own. Rich in character and timeless architectural appeal, this classic residence showcases original hardwood flooring, beautiful wood trim, generous room proportions, inviting covered porches, a detached garage, an expansive driveway, and two separately metered hydro services. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, boutique shopping, cafés, award-winning restaurants, the Lansdowne Farmers' Market, excellent schools, parks, and countless year-round community events, you'll experience one of Ottawa's most walkable, vibrant, and cherished neighbourhoods where everything you need is just moments from your front door. Whether you choose to enjoy the home in its current configuration, thoughtfully renovate over time, or create your forever home from the ground up, 86 Fourth Avenue offers a truly unique opportunity to establish yourself in the Glebe while creating a home that can be enjoyed by your family for generations to come. (id:5764)

86 Fourth Avenue, Ottawa

Listing courtesy of SLEEPWELL REALTY GROUP LTD.

$7,227,835

X13491258 MLS® #

CALLING ALL INVESTORS! 25 Condos for Sale and 25 Parking Spots Included. All tenanted properties with $53,408 of monthly income. Showings Mon-Fri 10AM-3PM ONLY (id:5764)

105 Champagne Avenue, Ottawa

Listing courtesy of FIDACITY REALTY.

$799,999

7 Beds ⋅ 5 Baths ⋅ X13490778 MLS® #

Exceptional Triplex Opportunity - Steps from the Rideau Canal in Old Ottawa East. A rare chance to own a triplex steps from the Rideau Canal in one of Ottawa's most desirable urban neighbourhoods. This versatile property features three distinct units: 136 Glenora, a 3-bed, 1.5 bath apartment; 36 Hazel, 2-bed, 1 bath suite; and 34 Hazel, 2-bed, 2 bath unit. Each residence offers its own private entrance, providing flexibility for multi-generational living, investment, or future redevelopment. With new zoning policies in Old Ottawa East, the property presents meaningful potential to add on, expand, or reimagine the existing structure, maximizing long-term value in a rapidly evolving area. Just steps from the Flora Footbridge, enjoy direct pedestrian access to the Glebe, Lansdowne, Whole Foods, TD Place, and year-round festivals. Walk to Main Street cafés, restaurants, shops, and community amenities, or cycle the scenic canal and river pathways that define this walkable, bike-friendly community. Ottawa University is approximately five minutes away, Parliament Hill is about ten, with transit, parks, and schools all close by. A centrally located property where lifestyle, connectivity, and redevelopment potential converge. Some photos are digitally enhanced. 24 hours irrevocable on all offers. 24 hours notice required for all showings. (id:5764)

34 Hazel Street, Ottawa

Listing courtesy of BENNETT PROPERTY SHOP REALTY.

$1,995,000

10 Beds ⋅ 6 Baths ⋅ X13483634 MLS® #

Description: Turn-key 6-unit multifamily in west-central Ottawa - a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes.Approx. $128,040 gross income and projected NOI near $100,700 - a 5.05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry. Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417. Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday. Some photos virtually staged. (id:5764)

824 Kirkwood Avenue, Ottawa

Listing courtesy of GRAPE VINE REALTY INC..

$549,000

7 Beds ⋅ 3 Baths ⋅ X13482810 MLS® #

Well-maintained and fully tenanted triplex offering strong and stable income, generating *approximately $30,000 in net annual income. This solid investment property features a desirable unit mix of **two 2-bedroom units and one 3-bedroom unit*, each thoughtfully laid out and well cared for. All units have been *updated approximately 10 years ago*, providing improved finishes and long-term durability while maintaining strong tenant appeal. The property is fully occupied with reliable tenants in place, offering immediate cash flow for investors. Located in a convenient area of Hawkesbury close to schools, shopping, parks, and essential amenities, this property is well-positioned for consistent rental demand. A rare opportunity to acquire a *turnkey multi-family investment* with strong income performance and minimal vacancy risk. Ideal for both seasoned investors and those looking to enter the multi-residential market. (id:5764)

466-468 Catherine Street, Hawkesbury

Listing courtesy of EXP REALTY.

$359,900

2 Beds ⋅ 3 Baths ⋅ X13483498 MLS® #

Situated in a prime location in Smiths Falls, this unique mixed-use building offers a rare investment opportunity within walking distance of shopping, restaurants, parks, and other key amenities. The property includes two residential 1-bedroom, 1-bathroom units currently rented at $813/month and $922.50/month, providing steady income from day one. An additional VACANT commercial unit offers exceptional flexibility for an owner, entrepreneur, or investor looking to secure additional rental income at market rates. Combining residential stability with commercial potential, this property is a versatile addition to any real estate portfolio. (id:5764)

47 Main Street East, Smiths Falls

Listing courtesy of CENTURY 21 SYNERGY REALTY INC..

$1,799,900

9 Beds ⋅ 6 Baths ⋅ X13484064 MLS® #

Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $97,968 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. "Ottawa's landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!" (id:5764)

550 Guy Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,039,000

4 Beds ⋅ 3 Baths ⋅ X13485034 MLS® #

Fully Vacant September 1st! The Glebe's most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century triplex offers immediate upside in one of Ottawa's strongest rental markets. Two units are vacant and move-in ready, creating a rare opportunity to establish market rents from day one. The lower-level 1-bedroom unit is tenant-occupied and features a private rear walkout and dedicated parking, with vacant possession available September 1, 2026. The freshly painted main-floor 1-bedroom unit and upper 2-bedroom unit with loft, skylights and south-facing deck provide exceptional flexibility for investors or owner-occupiers. Additional features include three separate hydro meters, three parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe's unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential. (id:5764)

60 Clarey Avenue, Ottawa

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.

$1,499,000

8 Beds ⋅ 4 Baths ⋅ X13481958 MLS® #

Rare CM1 Corridor Opportunity in Overbrook - a property with options today and possibilities for tomorrow. Situated on a 61' 117' lot, this unique offering combines land, flexible zoning, and an existing income-producing building in one package.Designed for buyers looking beyond a traditional investment property, CM1 zoning permits a wide range of residential and commercial uses. Explore possibilities such as operating your own business while generating rental income, creating a live/work or mixed-use concept, optimizing the current residential layout, or planning for future opportunities (subject to buyer due diligence and approvals).The existing detached four-unit building features two spacious 3-bedroom units and two 1-bedroom units, offering immediate utility while you determine your long-term vision. Unlike many properties, the owner occupies one unit and has intentionally kept the remaining units vacant - providing rare flexibility to renovate, establish market rents, select tenants, redesign, or reposition.Additional highlights include five separate hydro meters, parking for multiple vehicles, excellent exposure on Donald Street, transit access, and proximity to downtown Ottawa, St. Laurent Centre, Vanier Parkway, shopping, services, parks, and employment hubs.Whether you are an entrepreneur, investor, or developer - renovate, reposition, or reimagine. A rare opportunity to secure a CM1 corridor property where your vision determines the future. (id:5764)

294 Donald Street, Ottawa

Listing courtesy of DETAILS REALTY INC..

$789,900

X13482170 MLS® #

Prime redevelopment and value-add opportunity in the heart of Ottawa's Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa's most established urban corridors, minutes from Dow's Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment) (id:5764)

185 Preston Street, Ottawa

Listing courtesy of RIGHT AT HOME REALTY.

$2,250,000

X13481460 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 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 preservd and complemented by tasteful updates throughout. Each suite is beautfully appointed and fully furnished, offering a move-in-ready exerience 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, cafes, 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, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,500,000

6 Beds ⋅ 3 Baths ⋅ X13481074 MLS® #

Located in the heart of Centretown, Ottawa, 455 Metcalfe presents a rare opportunity for investors and owner-occupants alike. This renovated triplex features three vacant units, offering immediate occupancy or the flexibility to select your own tenants at current market rates. Ideally situated just minutes from downtown, the Canadian Museum of Nature, schools, shops, restaurants, public transit, and all essential amenities. The property also offers multiple on-site parking spaces. A versatile investment in a highly sought-after neighbourhood with excellent income and long-term appreciation potential. (id:5764)

455 Metcalfe Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,695,000

6 Beds ⋅ 3 Baths ⋅ X13481410 MLS® #

Huge lot! This perfect Hintonburg location tri-plex investment and development property. $107,000 gross income, ~$87000 net. Strong ~5.2% cap rate. Unlike other buildings all the major interior/exterior updates and utility replacement expenses ($350k) have been completed in last few years ! Rear build zone is ~75x50ft. Enjoy an updated, excellent cash flow property to keep it while you plan the expansion. Currently the building has 6 parking spots. All 3 units have their own private outdoor patios! Garage has 3 units - 1 double - 1single and man door storage. (id:5764)

32 St Francis Street, Ottawa

Listing courtesy of COMFREE.

Investor's Corner: Multi-Family Properties