Multi-Family Listings

Rare turnkey triplex in the heart of Ottawa's rapidly appreciating Vanier/Beechwood Village corridor. This meticulously maintained income property offers three fully tenanted units sharing a consistent layout across all floors, zero vacancy history, and exceptional long-term upside in one of the city's most sought-after emerging neighbourhoods, steps from vibrant Beechwood Avenue, Rockcliffe Park, and the Ottawa River pathways. With over $293,000 in confirmed capital investment since 2010, this is a property where the heavy lifting has already been done. Major improvements include a brand new high-efficiency boiler (2025), 90% of main cast iron pipes replaced with PVC (2026), full foundation waterproofing with sump pump and French drain system, roof in excellent condition (inspected and reflashed 2023), complete building refacing with Permacon and CanExcel cladding, new concrete front stairs, a fully redone interlock backyard and parking area, and a shed with individual storage lockers, dedicated electrical panel and new roofing. A lifetime pest control contract and updated appliances in all three units round out a truly turnkey asset. All units are occupied by excellent long-term tenants with zero tribunal history. Current gross annual income of $57,140 with significant upside as all three units are below market rent, with stabilized market rents projecting to $72,300 annually. The property is zoned N4B[1322] H(11), permitting low-rise multi-unit development up to three storeys, offering compelling future redevelopment optionality in a neighbourhood where land values are rising. A patient investor acquires strong cash flow today and meaningful appreciation potential tomorrow. (id:5764)

95 Barrette Street, Ottawa

Listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY.

$990,000

1 Beds ⋅ 1 Baths ⋅ X13056052 MLS® #

Originally constructed as a duplex, this property has been fully gutted and professionally cleaned, offering a blank slate for redevelopment. All architectural drawings and plans are completed and ready for building permit submission. A recent survey is available. The property was previously zoned R4UD and has transitioned to N4B H(11), permitting the development of up to 10 residential units-an excellent opportunity for investors and developers. The existing structure features a layout that formerly included 2 bedrooms plus a den on the main level, 2 bedrooms on the upper level, and a basement with shared laundry and an additional large bedroom. With the current foundation and structure, there is strong potential to convert into a 4-unit building, or alternatively, pursue a full redevelopment into a new 10-unit project. Property is being sold in "as-is, where-is" condition with no warranties. (id:5764)

102 Putman Avenue, Ottawa

Listing courtesy of TRU REALTY.

$2,350,000

8 Beds ⋅ 4 Baths ⋅ X13055586 MLS® #

DEVELOPMENT SITE STEPS TO LRT. 0.34-acre site located ~400m from Cyrville LRT Station. Successfully rezoned Hub Zone 2 [F], permitting mid-rise residential intensification in a rapidly evolving corridor. Preliminary plans support a 6-storey mid-rise development, with supporting reports available. Approved zoning in place reduces entitlement risk and allows for near-term execution. Flexible strategy: develop immediately, hold with income while advancing design, or reposition within a transforming transit-oriented node. There are many permitted uses outlined in this mixed-use hub zone. In-place gross income (~$71K/year; ~$88K potential) provides stable holding revenue. Property includes triplex (3 x 2-bedroom units), office outbuilding with kitchen & washroom, and large fully fenced yard with ~20 parking spaces and separate gated access. Nearby developments demonstrate strong lease-up performance, supporting continued rental demand in this LRT-connected location. Supporting due diligence materials available upon execution of a signed NDA. All showings to be coordinated through listing agent. (id:5764)

1368 LABRIE Avenue, Ottawa

Listing courtesy of SUTTON GROUP - OTTAWA REALTY.

$724,900

4 Beds ⋅ 2 Baths ⋅ X13052488 MLS® #

Thoughtfully designed, and already under construction! This 'The Azur' model is a purpose-built 2-story home featuring a LEGAL SECONDARY DWELLING UNIT! The main unit boasts 1744 sq/ft of living space, 3 bedrooms, 1.5 baths, a 2-car garage, open concept living & fantastic finishes throughout. The basement unit features 1 bedroom, 1 bath, a separate entrance & is fully legal/separate from the main unit. Central air conditioning is included in the purchase price. Situated on a premium pie-shaped lot, 1367 Diamond features an oversized backyard with plenty of space to enjoy the outdoors. Welcome to Morris Village, where you'll discover this newly developed community strategically located to offer a harmonious blend of tranquility, access to amenities & a convenient 25-minute drive to Ottawa. Crafted by Landric Homes (aka the multi-award-winning Construction LaVerendrye in QC), this purpose-built 2-story home will leave you in awe. Construction LaVerendrye, renowned for their expertise, reliability, dedication to excellence & timely project delivery, consistently upholds these standards in every community they develop. Home is under construction, closing date: set for October 2026. Model home tours now available, in Limoges ON. Price, specs & details may be subject to change without notice. *Price shown is net of New Rebates, such New Rebates are subject to the enactment of federal and provincial legislation and the purchase price is at all times subject to the terms of any APS between the builder and the buyer.* (id:5764)

1367 DIAMOND Street, Clarence-Rockland

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$3,200,000

23 Beds ⋅ 17 Baths ⋅ X13046302 MLS® #

This great twelve-unit apartment building is a standout opportunity in Cornwall's competitive rental market, where quality units lease almost immediately due to strong demand and limited supply. Perfectly positioned in prime North Cornwall, it's just minutes from FreshCo for everyday shopping, excellent schools, beautiful parks, and the popular Cornwall Aquatic Centre featuring a competition pool, leisure pool, two-story waterslide, and whirlpool. Tenants enjoy modern finishes, a peaceful family-friendly neighbourhood, and unbeatable convenience to everything they need. Sitting on over an acre with excellent long-term growth potential, this turnkey multifamily asset offers reliable cash flow and real upside in one of Eastern Ontario's most promising communities. (id:5764)

822 Marlborough Street North, Cornwall

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$3,200,000

X13046294 MLS® #

This great twelve-unit apartment building is a standout opportunity in Cornwall's competitive rental market, where quality units lease almost immediately due to strong demand and limited supply.Perfectly positioned in prime North Cornwall, it's just minutes from FreshCo for everyday shopping, excellent schools, beautiful parks, and the popular Cornwall Aquatic Centre featuring a competition pool, leisure pool, two-storey waterslide, and whirlpool.Tenants enjoy modern finishes, a peaceful family-friendly neighbourhood, and unbeatable convenience to everything they need. Sitting on over an acre with excellent long-term growth potential, this turnkey multifamily asset offers reliable cash flow and real upside in one of Eastern Ontario's most promising communities. (id:5764)

822 Marlborough Street North, Cornwall

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$699,900

3 Baths ⋅ X13042506 MLS® #

Discover a rare opportunity to own a distinguished piece of history with this stately 1912 Victorian residence, gracefully blending timeless character with exceptional versatility. Situated in the charming village of St. Isidore, this impressive three-storey home offers a unique combination of immediate income potential and long-term redevelopment possibilities. Showcasing original architectural details and enduring craftsmanship, the property is currently configured with 12 private rental rooms across the main and second levels, complemented by shared amenities including a spacious kitchen and dining area, as well as three well-appointed bathrooms. The expansive third floor presents a remarkable opportunity for customization-ideal for additional income suites, a stunning owner's retreat, or a transformative renovation project. Zoned Village Core, this property supports a wide range of permitted uses, making it equally attractive as a high-yield investment, multi-generational home, boutique business, or one-of-a-kind family residence. A truly exceptional offering where heritage charm meets future potential. (id:5764)

4550 Ste-Catherine Street, The Nation

Listing courtesy of INNOVATION REALTY LTD..

$594,700

4 Beds ⋅ 3 Baths ⋅ X13041302 MLS® #

Beautiful Andreas Duplex model offering exceptional versatility and income potential. The main level features 2 spacious bedrooms, 1 full bath plus a private ensuite, and a walk-in closet. The lower unit includes 2 bedrooms and 1 full bath. Quality finishes throughout with LVP and ceramic flooring. Each unit is independently equipped with its own furnace, A/C, air exchanger, and hydro meter. Bright, spacious layout with a single garage. Multiple lots available to choose from. PRICE INCLUDES FULL HST REBATE (id:5764)

701 Chillon Street, Alfred and Plantagenet

Listing courtesy of EXP REALTY.

$2,195,000

16 Beds ⋅ 8 Baths ⋅ X13039300 MLS® #

Welcome to 59 Concord Street - a rare opportunity to acquire a purpose-built fourplex in the heart of the Glebe, steps to the University of Ottawa and the Rideau Canal. Built in 2016, this Class A, fully stabilized asset sits in one of Ottawa's strongest and most consistent rental corridors. The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas. Every unit is equipped with in-suite laundry, independent HVAC systems (furnace and A/C), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units - a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal. Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention. Located within walking distance to the ByWard Market, Parliament Hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the University of Ottawa and downtown employment hubs. Strong financial profile with an NOI of $105,500.30 at a 4.8% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance - an exceptional addition to any serious investor's portfolio. (id:5764)

59 Concord Street North, Ottawa

Listing courtesy of EXP REALTY.

$1,250,000

5 Beds ⋅ 3 Baths ⋅ X13038902 MLS® #

Rare investment opportunity in the heart of Ottawa's prestigious Golden Triangle! This classic red-brick duplex offers the perfect blend of historic charm, modern updates, and urban convenience, making it a standout addition to any real estate portfolio. This property is ideal for multi-generational living, a high-yield rental investment, or an ideal live-rent setup.The property features a versatile layout with 5 spacious bedrooms, 3 full bathrooms, and independent laundry facilities. Inside, you'll find soaring ceilings, original hardwood flooring, and large windows that flood the units with natural light. Both units provide comfortable, self-contained living spaces that cater to the high rental demand from professionals and students alike. Location is everything, and this address delivers. You are just steps away from the scenic Rideau Canal, the trendy boutiques and eateries of Elgin Street, and a short walk to the University of Ottawa and Parliament Hill. With private outdoor space and unbeatable transit access, this turnkey duplex represents a rare chance to own in one of the city's most stable and prestigious residential pockets. (id:5764)

93 Gilmour Street, Ottawa

Listing courtesy of RIGHT AT HOME REALTY.

$680,000

4 Beds ⋅ 3 Baths ⋅ X13037232 MLS® #

Welcome to 193 Gladu Street, a charming duplex in Ottawa. This unique property functions as a single-family home with a self-contained one-bedroom, one-bathroom unit at the rear - perfect for extended family, guests, or rental income. The main residence is warm and welcoming, with a wide-open and bright main floor that flows beautifully from living to dining to kitchen. Anchored by a modern island, the kitchen offers plenty of workspace, storage, and natural light - ideal for both everyday living and entertaining. Upstairs, the second-floor bedroom features a cheater ensuite access to a fully renovated bathroom with a sleek glass stand-up shower. The top level includes two more spacious bedrooms and a second full bathroom, also fully updated with contemporary finishes. The rear unit has its own private entrance and offers a well-designed one-bedroom layout with a full bathroom and open living space - an excellent option for added flexibility or passive income. A detached garage adds extra convenience, and the location is hard to beat - close to parks, transit, shopping, and downtown Ottawa. Whether you're looking for a multi-generational home, an investment opportunity, or a home with income potential, 193 Gladu Street delivers on all fronts. Front unit Gross monthly income: $2,550. Rear unit Gross monthly income: $1,575. Gross annual income: $49,500. OpEx: $8,938.66 (id:5764)

193 Gladu Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$497,000

4 Beds ⋅ 2 Baths ⋅ X13035552 MLS® #

Opportunity doesn't always show up looking perfect... sometimes it shows up positioned. This side-by-side duplex in the heart of Kemptville is one of those properties that quietly opens multiple paths forward-whether you're looking to live in one unit and have support from the other, or step into a smart income-producing asset from day one. Set on a generous lot and zoned R3 (Residential Third Density), this property offers more than just today's income-it gives you future options. Think duplex today... with the potential for expanded use or redevelopment down the road (buyer to verify).The 3-bedroom unit has seen extensive updates in recent years, including kitchen, bathroom, flooring, windows, and more-creating a comfortable, move-in-ready space. The second unit offers flexibility with a 1-bedroom layout that could be reimagined into 2 bedrooms. Separate meters, two furnaces, and independent driveways create a clean setup for tenants, while the location keeps everything within reach-shops, restaurants, parks, and the Rideau River just a short walk away. Quick access to Hwy 416 means you're only about 25 minutes to Ottawa. Current rents provide solid income with room to grow, and the large lot-with potential to sever (buyer to verify)-adds another layer of long-term upside. If you've been waiting for a property that gives you both income and options... this is one worth looking at closely. 1 Bedroom rented at $890. 3 Bedroom rented at $1800.00 (id:5764)

201 Clothier St Street East, North Grenville

Listing courtesy of SOLID ROCK REALTY.

$868,888

6 Beds ⋅ 2 Baths ⋅ X13032678 MLS® #

Exceptional investment opportunity in the Lincoln Fields neighborhood. This fully rented duplex with long term tenants offers immediate income with two spacious three-bedroom units, each featuring timeless hardwood floors and well-designed layouts. Investors will appreciate the strong upside potential, including the opportunity to develop a third unit in the basement (buyer to verify). Set on a generous lot, the property also features a two-car driveway, a private rear deck, and backyard that enhance long-term tenant appeal and future value. Ideally located in Ottawa's central west end. Just moments to parks, schools, shopping, and the LRT, with quick access to downtown, major transit routes, and key employment hubs. A rare chance to acquire, future development potential, and an unbeatable location. both furnaces replaced 2023, new roof 2024 (id:5764)

911 PINEWOOD Crescent, Ottawa

Listing courtesy of EXP REALTY.

$539,900

7 Beds ⋅ 4 Baths ⋅ X13031980 MLS® #

Calling all investors! Amazing opportunity to own this fully rented Fourplex with over $50,000 in gross yearly income. Property includes Two second level 1- bedroom, 1 -bath units, one main level 3- bedroom 1 -bath unit, one basement 2- bedroom 1 -bath unit. Upper units each have own private balcony, main floor and basement unit each have fenced yard spaces. Close proximity to all amenities including shopping, restaurants and public transit. (id:5764)

300 St Felix Street, Cornwall

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,029,000

9 Beds ⋅ 3 Baths ⋅ X13027838 MLS® #

Excellent opportunity for investors/Developers on a residential/commercial property with zoning AM10. The property is convinient with bus stops, shops, Tim Horton and rstaurants aroung. There is high demand for rent for this area so the building is never vacant. There are three 3 bedroom apartments with full kitchen, bathrooms and dining areas. The 1st apartment in lower level is rented for $2,200 a month; the second apartment is rented for $2,000 a month; the 3rd apartment is rented for $1,800 a moth. The rent can be potentially greatly increased reflecting market rent when new owner can arrange new lease terms and rates. Each apartment has its own hydro meter and gas meter. (id:5764)

609 Donald Street, Ottawa

Listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY.

$5,695,000

X13026952 MLS® #

NEW PRICE! The Southview is a high quality, well maintained apartment building just off Provincial Highway 7 in Perth, close to necessity-based shopping, as well as the historical downtown core. Consisting of 32 apartments (14 x 1 bdrm, 18 x 2 bdrm), all apartments are sun-filled, functionally designed and feature either balconies, or walkout patios. These apartments are in high demand with the building consistently maintaining full occupancy. Well located within the town of Perth, with a municipal park, and retirement home immediately abutting the property. The nearby Perth Mews Shopping Centre, just 5 minutes away by foot, includes a Loblaws Independent Grocer, and recently added Starbucks and Mark's Work Warehouse as tenants. The Southview is also just a few blocks from Perth's thriving downtown core, popular for its historical sites and cultural events. (id:5764)

18 Haggart Street, Perth

Listing courtesy of CAPITAL COMMERCIAL INVESTMENT CORP..

$6,250,000

X13026974 MLS® #

Modern luxury meets unbeatable location with this prime investment opportunity in vibrant downtown Mississippi Mills / Almonte! This stunning 2024-built property boasts 13 tastefully designed units offering modern finishes, high ceilings, and beautiful views overlooking the Mississippi River and the charming heritage architecture of downtown Almonte. 9 townhomes each feature 3 bedrooms, 2 bathrooms (including double sinks in the master bathroom), and fully finished basements with washer/dryer hook-ups. 4-unit apartment building features 3 x 2 bedroom units and 1 x 1 bedroom unit. Prime downtown location places your tenants within walking distance of everything they need. Almonte General Hospital, major shopping centers, grocery stores, and popular event centers are all just steps away. Additionally, the property directly abuts the Ottawa Valley Rail Trail, a multi-use pathway perfect for cyclists, walkers, and outdoor enthusiasts. (id:5764)

36 Main Street East, Mississippi Mills

Listing courtesy of CAPITAL COMMERCIAL INVESTMENT CORP..

$4,945,000

X13026936 MLS® #

NEW PRICE! The Campbellview is a highly popular, well-located apartment rental property in Arnprior consisting of 32 apartments (14 x 1 bedroom and 18 x 2 bedroom) on a spacious 1.07 acre lot. Diligently managed by the original builder since it's construction and easily maintaining full occupancy. Highly functional, sun-filled apartment layouts with ample living space and walk-out patios or balconies. Many master bedrooms featuring walk-in closets. Units consistently and tastefully updated on turnovers. Convenient location, just off Daniel Street, the main artery connecting Highway 417 to the downtown core with tenants enjoying quick access to both. Tenants also benefit from living just 400m (6 minute walk) from Arnprior Shopping Centre, the town's main shopping destination, and 500m (7 minute walk) from the Nick Smith Centre, Arnprior's community recreation hub with two ice surfaces and a public swimming pool. (id:5764)

1 Robert Street, Arnprior

Listing courtesy of CAPITAL COMMERCIAL INVESTMENT CORP..

$289,000

5 Beds ⋅ 2 Baths ⋅ X13026490 MLS® #

Welcome to 137 Beckwith St North, a well-located up/down duplex offering strong income potential and flexibility for both investors and owner-occupants. Situated on a desirable street in a growing community, this property is an ideal addition to any portfolio or a smart way to offset your mortgage by living in one unit while renting the other. The upper unit features a spacious 3-bedroom, 1-bathroom layout and is currently tenanted by long-term occupants paying $1,194.76/month. The lower unit offers a bright 2-bedroom, 1-bathroom layout that will be vacant May 31, 2026, providing the opportunity to set your own rent (previously rented at $1,600/month). This property is well-configured for investment, with separate hydro meters and furnaces, allowing each unit to pay their own gas and hydro. Water is paid by the landlord. Additional highlights include two parking spaces and key updates: windows (2023), roof (2017), electrical (2016), and plumbing (2019), downstairs bathroom update (2025), downstairs flooring (2025). With a current cap rate of 8.71% and NOI of $23,928.23, this is a solid, income-producing asset with excellent upside potential. (Based on market rents, there is also the opportunity to achieve a potential cap rate of 11.33% if the upper unit is rented at $1,850/month.) (id:5764)

137 Beckwith Street North, Smiths Falls

Listing courtesy of SUTTON GROUP - OTTAWA REALTY.

$5,395,000

X13026942 MLS® #

NEW PRICE! Campbell Place is a highly popular, well located apartment rental property in Arnprior consisting of 34 apartments (1 x studio, 15 x 1 bedroom and 18 x 2 bedroom) on a spacious 1.27 acre lot. Carefully owned and managed by the original builder since its construction and consistently maintaining a full occupancy. All apartments feature ample living space, and walk-out patios or balconies. Many master bedrooms featuring walk-in closets. Units consistently and tastefully updated on turnovers. Highly convenient location, just off Daniel Street, the main artery connecting Highway 417 to the downtown core with tenants enjoying quick access to both. Tenants also benefit from living just 400m (6 minute walk) from Arnprior Shopping Centre, the town's main shopping destination, and 500m (7 minute walk) from the Nick Smith Centre, Arnprior's community recreation hub with two ice surfaces and a public swimming pool. (id:5764)

4 Robert Street, Arnprior

Listing courtesy of CAPITAL COMMERCIAL INVESTMENT CORP..

$699,990

4 Beds ⋅ 2 Baths ⋅ X13024280 MLS® #

Welcome to this fully updated home in Glen Cairn, featuring an SDU and offering a PRIME INVESTMENT OPPORTUNITY in a sought-after Kanata neighbourhood. Step inside to find that both levels have been updated. The main level offers a bright, inviting layout, enhanced by large windows that allow natural light to flow freely through the space, creating an open and comfortable atmosphere. Both kitchens have been fully refreshed with a modern and functional design, including stainless steel appliances, a stylish tiled backsplash, and an abundance of cabinetry and counter space - ideal for cooking, entertaining, and everyday living. The main level also includes two well-sized bedrooms and a full 4pc bathroom. The SDU features two bedroom and a modern 3pc bathroom with a glass stand-up shower. Offering excellent versatility for a wide range of buyers, this space can be used as a rental suite or as accommodation for extended family, adding significant value to the property. It also includes a separate entrance and its own washer and dryer, ensuring independence and convenience for occupants. Outside, the large backyard provides generous outdoor space, complete with a deck that is perfect for outdoor dining, entertaining guests, or simply relaxing during the warmer months. The yard also offers plenty of potential for gardening, recreation, or future enhancements depending on the buyer's vision. Located in a family friendly community known for its convenience and accessibility, the home is close to parks, schools, shopping, and transit options, making it highly attractive to both tenants and homeowners. Quick access to HWY 417 further enhances its appeal for commuters travelling to other parts of the city. Don't miss this amazing opportunity! Schedule your showing today. (id:5764)

56 Glamorgan Drive, Ottawa

Listing courtesy of EXP REALTY.

$899,900

X13024094 MLS® #

Well maintained 4-Plex in great condition, centrally located in the the heart of Cornwall close to many amenities including churches, schools, parks, shopping + restaurants. Fully rented, this property has a large lot with plenty of parking including a double car garage. The building features 4 individual units, each with their own unique style. The building has been updated over the years and shows extremely well. Net Operating Income of $50,693- rent roll on file. This property is a solid investment and offers exceptional value! (id:5764)

326 Augustus Street, Cornwall

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,249,000

8 Beds ⋅ 4 Baths ⋅ X13022756 MLS® #

PREMIUM INVESTMENT OPPORTUNITY IN THE EMBASSY DISTRICT! Located on a peaceful dead-end street in the heart of Lower Town, this turnkey FOURPLEX is a rare "blue-chip" asset in a highly resilient rental market. Just steps from the Ottawa River, Byward Market, Global Affairs, and the NRC, it attracts a premium, professional tenant profile. The building features four spacious 2-BEDROOM suites, offering excellent long-term tenant retention. Each unit includes renovated bathrooms, full kitchens, and highly desirable IN-SUITE LAUNDRY (5 appliances per unit). Select units boast architectural charm with classic fireplaces and skylights. FINANCIALLY OPTIMIZED: The property features SEPARATE HYDRO METERS, significantly reducing landlord overhead. Enjoy a near-zero historical vacancy rate, steady income, and substantial room for rental growth in this supply-constrained neighborhood. Includes 3 parking spaces. A true buy-and-hold gem offering both stability and long-term capital appreciation! (id:5764)

48 Bolton Street, Ottawa

Listing courtesy of EXP REALTY.

$1,900,000

X13022410 MLS® #

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,540.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential. (id:5764)

54 Centennial Boulevard, Ottawa

Listing courtesy of SLEEPWELL REALTY GROUP LTD.

$1,900,000

10 Beds ⋅ 6 Baths ⋅ X13022406 MLS® #

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,530.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential. (id:5764)

54 Centennial Boulevard, Ottawa

Listing courtesy of SLEEPWELL REALTY GROUP LTD.

$1,399,900

7 Beds ⋅ 3 Baths ⋅ X13015458 MLS® #

692 Claude Street is a turn-key, fully renovated legal triplex offering an exceptional investment opportunity with $86,400 in gross income and approximately $75,000 net. Ideally located less than a 5-minute walk from St. Laurent, this low-maintenance asset is currently tenanted by three excellent households and is well suited for investors seeking reliable income and long-term ownership confidence. The building consists of two 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, with each suite featuring in-suite laundry, independent heating and cooling, and its own hot water tank. This strategically planned asset was intensely renovated in 2024 with all permits and certificates on file. Set on an oversized irregular lot with N3C zoning, the property may also offer future intensification potential, and buyers are encouraged to complete their own due diligence. All equipment and appliances are owned. Please see the attached feature sheet and 10-year forecast for additional information. (id:5764)

692 Claude Street, Ottawa

Listing courtesy of EXP REALTY.

$1,599,000

10 Beds ⋅ 8 Baths ⋅ X13015212 MLS® #

Rare Investment Opportunity: Luxurious Purpose-Built 4-Plex. Discover the perfect addition to your real estate portfolio or your new owner-occupied home with this stunning purpose-built 4-plex. Boasting a gross income of nearly $120,000 per year and less than three years old, this property promises minimal maintenance and no significant capital expenses for years to come. Each unit features premium finishes, including quartz countertops, offering a modern, luxurious living experience. The property includes a spacious upper unit featuring 3 bedrooms and a garage, while the lower unit offers 2 bedrooms with the added comfort of in-floor heating. Located just a short commute to downtown, this property offers an attractive lifestyle for tenants and owner-occupiers alike. This property is not only a strong income generator but also a savvy long-term investment. With luxury townhouses slated for development on the adjacent corner, the area is poised for even greater growth and demand. Each side of the building has separate street services, meaning the property could be severed in the future for increased value and flexibility. This purpose-built 4-plex is a rare find, combining modern construction, significant rental income, and endless potential for future value. Don't miss this opportunity to own a standout property in a growing and highly desirable area. Schedule your viewing today and unlock the full potential of this premium investment! Net income of $99,200. before management and mortgage. 6.2% cap rate is excellent for a newer property and so close to downtown. (id:5764)

144 Montfort Street, Ottawa

Listing courtesy of SOLID ROCK REALTY.

$724,500

4 Beds ⋅ 2 Baths ⋅ X13014008 MLS® #

Thoughtfully designed, and already under construction! This 'The Azur' model is a purpose-built 2-story home featuring a LEGAL SECONDARY DWELLING UNIT! The main unit boasts 1744 sq/ft of living space, 3 bedrooms, 1.5 baths, a 2-car garage, open concept living & fantastic finishes throughout. The basementt unit features 1 bedroom, 1 bath, a separate entrance & is fully legal/separate from the main unit. 1367 Diamond sits on a premium pie-shaped lot, offering an oversized backyard. Welcome to Morris Village, where you'll discover this newly developed community strategically located to offer a harmonious blend of tranquility, access to amenities & a convenient 25-minute drive to Ottawa. Crafted by Landric Homes (aka the multi-award-winning Construction LaVerendrye in QC), this purpose-built 2-story home will leave you in awe. Construction LaVerendrye, renowned for their expertise, reliability, dedication to excellence & timely project delivery, consistently upholds these standards in every community they develop. Home is under construction, closing date: set for Fall/early Winter 2026. Model home tours now available, in Limoges ON. Price, specs & details may be subject to change without notice. *Price shown is net of New Rebates, such New Rebates are subject to the enactment of federal and provincial legislation and the purchase price is at all times subject to the terms of any APS between the builder and the buyer.* (id:5764)

55 Rutile Street, Clarence-Rockland

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$1,219,900

6 Beds ⋅ 5 Baths ⋅ X13012740 MLS® #

Purpose-built FOURPLEX on a 66' x 99' lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units - two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers. (id:5764)

213 Desrosiers Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,579,000

7 Beds ⋅ 4 Baths ⋅ X13000054 MLS® #

Welcome to Little Italy, an iconic neighborhood in the heart of the city, where a sleek and modern 4plex awaits you. This newly constructed legal 4plex exudes sophistication and style, with each unit featuring spacious layouts, high-end finishes, and an abundance of natural light. The property is fully rented with great tenants, ensuring a steady stream of rental income for the savvy investor. Little Italy is a prime location known for its lively atmosphere and vibrant community, making it an ideal spot for real estate investment. With low maintenance costs and high demand, this 4plex presents a lucrative opportunity for those looking to capitalize on the dynamic real estate market in Little Italy. Gross Rent $82,200 projected 2026. Explosive Air BNB potential. Close to O-Train, Lebreton Flats, Dow's Lake, many specialty shops , restaurants and vibrant festivals. 24hrs notice for showings & 24hrs irrevocable on all offers, as per form 244. (id:5764)

149 WILLOW Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

Investor's Corner: Multi-Family Properties