Multi-Family Listings

Excellent investment opportunity in the heart of vibrant Vanier! Welcome to 208 Montfort Street, a well-maintained triplex offering strong income potential and excellent versatility for investors or owner-occupants alike. Ideally located close to downtown Ottawa, public transit, shopping, restaurants, parks, schools, and everyday amenities, this property provides convenience and accessibility in a rapidly growing neighbourhood. The building features three self-contained units with functional layouts, bright living spaces. Apt #204, Basement, has one bedroom, living room, kitchen & 3 pieces bathroom. Apt #206 & #208 have two bedrooms, living room, kitchen and 3 pieces bathroom each. Large windows throughout allow for plenty of natural light, while the property offers ample parking and outdoor space for tenant enjoyment. A fantastic opportunity to add to your investment portfolio with potential for steady rental income in a centrally located area close to employment hubs, University of Ottawa, and major commuter routes. Whether you are looking to live in one unit while generating rental income from the others or seeking a fully tenanted income property, this triplex offers exceptional value and long-term potential in one of Ottawa's established urban communities. (id:5764)

208 Montfort Street, Ottawa

Listing courtesy of EXP REALTY.

$1,899,999

X13124998 MLS® #

Recently fully Renovated property 118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa's sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently Renovated - Major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a Phase I Environmental Site Assessment (ESA). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements. (id:5764)

118 Rochester Street, Ottawa

Listing courtesy of EXP REALTY.

$1,495,000

4 Beds ⋅ 4 Baths ⋅ X13117404 MLS® #

Newer, custom-built and fully tenanted duplex in Lindenlea. Architect is Barry Hobin and interior was designed by Tanner Vine. 3 bedroom, 3 bath main/2nd floor unit rented for $4950/month, on a lease until April 2027. 1 bedroom lower unit rented for $1799/month, on a lease until December 2026. Main floor features 10 foot ceilings, hardwood floors, potlights, living room with gas fireplace & stunning kitchen boasting a walk-in pantry, large quartz island, and gas stove. Upstairs is the primary suite with double closets & luxury 5pce ensuite with double sinks, soaker tub & large glass shower. 2 more bedrooms, full bathroom and convenient laundry room with sink. The basement unit has a private entrance around back. It features an open concept living/dining/kitchen, 1 bedroom, 1 bath and it's own laundry. Detached garage at rear, wired for electric car charger + 1 outdoor parking. Seperate hydro meters. Don't miss this investment opportunity! Not available to occupy until April 2027 when tenant's lease ends. (id:5764)

31 Commanda Way, Ottawa

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

$1,449,000

5 Beds ⋅ 3 Baths ⋅ X13112884 MLS® #

Westboro Investors take note! Great upgraded All Brick triplex in the heart of Westboro with gross income of over $80,000 per year! Main floor is 2 bedroom one bathroom rented at $2400 + hydro, 2nd floor is 2 bedroom one bathroom rented at $2400 + hydro, Lower level is one bedroom with a 3 piece washroom and rented $1900 inclusive. All units have their C/Air unit. This great property offers you two driveways, a nice side yard which covered with the large for your enjoyment! A great multi generational family property waiting for you! See it today! (id:5764)

391 Greenwood Avenue, Ottawa

Listing courtesy of POWER MARKETING REAL ESTATE INC..

$1,425,000

5 Beds ⋅ 3 Baths ⋅ X13110762 MLS® #

So much potential and charm! Check out this triplex steps away from the Rideau Canal, restaurants,Parliament Hill, University of Ottawa & much more! Located in one of the most sought-after areas in the Golden Triangle. Very large main floor features 2 bedrooms as well as an office/den area (currently used as a 3rd bedroom), large living room with a fireplace & a ton of natural light! 2nd floor features 1 bedroom, formal dining area/office, sitting room & its own large balcony. 3rd floor features 2 bedrooms, an office/formal dinning area & has a ton of natural light throughout! Updates include: Maize Siding & Eavestroughing, windows, roof, boiler (2018) maintenance every year, driveway & more! Main floor will be vacant upon closing - perfect for owner occupied unit with additional income from the other units, or investment opportunity! (id:5764)

14 Somerset Street West, Ottawa

Listing courtesy of EXIT REALTY MATRIX.

$984,900

6 Beds ⋅ 2 Baths ⋅ X13112682 MLS® #

Welcome to 57 Lees Avenue - a rarely offered three-storey all-brick duplex in the heart of Old Ottawa South. This versatile and well-maintained investment property offers strong income potential with approximately $71,760 per year in gross rental income, while also presenting an excellent opportunity for owner-occupants seeking additional rental revenue.A shared front foyer provides access to both self-contained units. The main level features a spacious 2-bedroom unit offering hardwood flooring, high ceilings, an oversized kitchen with ample storage and workspace, an updated bathroom, private laundry, and direct side-door access to the backyard.The upper unit spans the second and third floors and offers an expansive 4 bedroom layout. This bright and updated space includes a renovated kitchen, private laundry, generous living areas, and a unique upper loft level with an additional flex room - ideal for larger households and flexible rental arrangements. Both units include separate parking spaces and private laundry, adding convenience and long-term tenant appeal. Ideally located within walking distance to the Rideau Canal,University of Ottawa, Main Street, Elgin and Lansdowne. This property is perfectly positioned near transit, parks, shops, and everyday amenities. Major updates include roof shingles (25-year shingles), Energy Star windows and skylights, air conditioning (2021), and a remodel of the second unit completed in 2019. A rare opportunity to own a character-filled multi-unit property in one of Ottawa's most desirable central neighbourhoods. Some photos were taken prior to tenant occupancy and certain photos have been digitally altered. (id:5764)

57 LEES Avenue, Ottawa

Listing courtesy of REMAX BOARDWALK REALTY.

$1,399,900

8 Beds ⋅ 4 Baths ⋅ X13105004 MLS® #

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus non-conforming bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. This charming brick property features a versatile unit mix including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. Three units are currently leased, generating stable income with Unit 1 rented at $2,500/month plus hydro, Unit 2 at $2,600/month plus hydro and inclusive of parking, and Unit 3 at $1,650/month plus hydro. Unit 4, the vacant bachelor suite, is currently being offered for lease at $1,100/month inclusive of utilities, providing flexibility for a new tenancy. The upper units showcase high ceilings, large windows, timeless architectural character, and private south-facing decks that tenants love. With the recent addition of central air conditioning, this is an excellent opportunity for investors seeking a quality multi-unit property in one of Ottawa's strongest rental and student housing markets. Additional income is generated through coin-operated laundry and parking. The property includes four hydro meters, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), newly installed central air conditioning, an owned coin-operated washer and dryer (2023), and four on-site parking spaces. An exceptional investment opportunity in one of Ottawa's most desirable and walkable neighbourhoods. (id:5764)

350 Fifth Avenue, Ottawa

Listing courtesy of EXP REALTY.

$559,900

2 Beds ⋅ 2 Baths ⋅ X13087770 MLS® #

Freshly updated duplex in a high-demand rental area. Both units offer bright, modern finishes and excellent functionality. Ample on-site parking adds strong tenant appeal. Ideal opportunity for investors to set their own rents or for an owner-occupier to live in one unit and rent the other. A solid addition to any portfolio. (id:5764)

267 PARK Street, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$3,200,000

11 Baths ⋅ X13086832 MLS® #

Exceptional opportunity to acquire a trophy 8-unit multifamily asset in the heart of The Glebe, one of Ottawa's most coveted and supply-constrained urban neighbourhoods. This unrivaled location, steps to Lansdowne Park, Bank Street amenities, and major employment hubs, offers outstanding walkability and enduring rental appeal, supporting historically low vacancy and highly dependable income. Positioned minutes to downtown offices and between Ottawa's two largest universities, the property benefits from strong, consistent demand from both professionals and students. The building is FULLY LEASED and features an attractive unit mix of three 3-bedroom + 1.5-bath units, four 1-bedroom units, and one 2-bedroom unit, along with three on-site parking spaces. Each unit is separately metered with its own electrical panel, providing operational efficiency and tenant independence. The property has been professionally managed and well maintained, benefiting from thoughtful value-add upgrades, including updated kitchens and bathrooms with quartz countertops, stainless steel appliances, tiled backsplashes, and glass shower surrounds. Four units offer in-unit laundry and air conditioning. Major capital improvements include a new main boiler (2015), updated windows and exterior doors (2019), and upgraded electrical wiring and panels within each unit. In addition to stable in-place income, the asset offers over $30,000 in projected annual rental upside through continued unit turnover and optimization. A RARE, well-maintained core-plus investment in a high-barrier-to-entry location with strong fundamentals and long-term growth potential. (id:5764)

72 Fifth Avenue, Ottawa

Listing courtesy of REAL BROKER ONTARIO LTD..

$949,000

3 Beds ⋅ 3 Baths ⋅ X13069314 MLS® #

Welcome to 12 Lewis Street, this elegant all-brick duplex ideally located in Ottawa's prestigious Golden Triangle, where city living meets a quiet, established neighbourhood feel. Presenting a rare opportunity for investors, developers, renovators, or those seeking to craft their dream home in a prime location. Zoning Code N4B[478], this well-appointed property features two self-contained units, each thoughtfully designed with functional layouts and timeless appeal. Unit 1offers a warm and inviting space, featuring a comfortable living room with a wood-burning fireplace, a dining room, a well-appointed kitchen, a bedroom, and a full hallway bathroom. The unit also provides direct access to the rear yard, enhancing both convenience and livability. Unit 2 includes a bright and spacious bedroom with an additional den/closet area, a full bathroom, a kitchen with quartz countertops, and an open-concept living and dining area. This level also features a dedicated laundry closet and access to a private rear balcony, creating a comfortable and functional living space. The classic brick exterior and deep urban lot provide exceptional potential for renovation, redevelopment, or customization, allowing the next owner to maximize the property's value and versatility. Additional features include a private backyard, side driveway with off-street parking, and an unfinished basement, offering ample storage and further development potential. Ideally situated just steps from Elgin Street and within walking distance to the Rideau Canal, National Arts Centre, downtown Ottawa, University of Ottawa, Lisgar Collegiate, parks, bike paths, LRT access, and an outstanding selection of restaurants and cafés, this property offers an unparalleled urban lifestyle in a quiet, established setting. This property must be sold together with 8 Lewis St and 10 Lewis St. Property sold as is, where is. 24-hour irrevocable on all offers. (id:5764)

12 Lewis Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,050,000

6 Beds ⋅ 3 Baths ⋅ X13061458 MLS® #

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.

$2,195,000

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® #

**OPEN HOUSE SUNDAY FROM 2 - 4 PM @ 235 BOURDEAU BD, LIMOGES**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.

$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.

$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.

$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..

$1,850,000

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.

$1,850,000

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 $106,540.92 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.

$724,500

4 Beds ⋅ 2 Baths ⋅ X13014008 MLS® #

**OPEN HOUSE SUNDAY FROM 2 - 4 PM @ 235 BOURDEAU BD, LIMOGES**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.

$1,579,000

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.

$1,150,000

6 Baths ⋅ X13000028 MLS® #

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing. (id:5764)

66 QUEEN Street, Smiths Falls

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$799,000

11 Beds ⋅ 4 Baths ⋅ X13000088 MLS® #

Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls' most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property's upscale surroundings and historic charm make it especially attractive to reliable tenants. Contact Brad Closs for more information or to arrange a viewing. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050 (id:5764)

42 CHURCH Street West, Smiths Falls

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$3,600,000

X12996888 MLS® #

Exceptional turnkey 17-unit apartment building in Welland offered at a 5.5% cap rate with approximately $3,300,000 in assumable financing at 4.75% through June 2029. Fully renovated throughout, all suites offer modern finishes, heat pumps, and in-suite laundry, with most units featuring private balconies. A major value driver is the 5 units added around 2022, which are exempt from Ontario rent control and create outstanding future rental growth potential. Professionally managed and highly stabilized, this is a rare opportunity to acquire a low-maintenance, cash-flowing multifamily asset with built-in upside and favourable debt already in place. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:5764)

81 Empire Street, Welland (Lincoln/Crowland)

Listing courtesy of EXP REALTY.

Investor's Corner: Multi-Family Properties