Blossom Park Homes with Multiplex Subtype

Blossom Park Homes with Multiplex Subtype

Welcome to Blossom Park, a hidden gem nestled in the heart of Ontario, Canada. Known for its lush greenery and vibrant community spirit, Blossom Park offers an idyllic setting for families, professionals, and retirees alike. With its close proximity to Ottawa, residents enjoy the perfect blend of suburban tranquility and urban convenience, making it an ideal place to call home.

The charm of Blossom Park is evident in its tree-lined streets, friendly neighborhoods, and an array of local amenities. From parks and recreational facilities to shopping centers and schools, everything you need is just a stone's throw away. The community hosts numerous events throughout the year, fostering a sense of belonging and camaraderie among its residents.

For those considering a move to Blossom Park, the real estate market features an enticing selection of homes, particularly multiplex properties. Homes with a multiplex subtype are a fantastic investment opportunity, allowing homeowners to generate rental income while enjoying the benefits of homeownership. These versatile properties cater to a variety of lifestyles, whether you’re looking to house extended family, create a multi-generational living space, or simply capitalize on the rental market.

Blossom Park’s multiplex homes are designed with modern living in mind, offering spacious layouts and contemporary finishes. With the growing demand for rental properties in the area, investing in a multiplex can provide both financial stability and the chance to be part of a thriving community. Discover the magic of Blossom Park, where your dream home awaits among the picturesque landscapes and welcoming atmosphere.

Newest Blossom Park Homes with Multiplex Subtype

64 Delaware Avenue, Ottawa Centre
$2,100,000
6 Beds ⋅ 5 Baths ⋅ X13869734 MLS
PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x 2-bedroom suite at $2,700/month, 4 x 1-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs.

64 Delaware Avenue, Ottawa Centre
514 Lyon Street N, Ottawa Centre
$1,375,000
6 Beds ⋅ 5 Baths ⋅ X13844228 MLS
Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $89,760 in gross annual income at a 5.3% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. An option for a second position VTB is also available; contact the listing agent for details. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa's premier rental neighbourhoods.

514 Lyon Street N, Ottawa Centre
161-163 Gilmour Street, Ottawa Centre
$2,395,000
9 Beds ⋅ 6 Baths ⋅ X13811574 MLS
Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.03%. It has been continuously occupied since the current owner's purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city.

161-163 Gilmour Street, Ottawa Centre
698 Cooper Street, Ottawa Centre
$1,425,000
X13791902 MLS
Excellent Investment Opportunity Single Commercial Unit Long Term barbershop tenant, and 3 Residential Units: Apt # 1, 2 bedroom with large rooftop deck, Apt # 2 is a 1 bedroom with rooftop deck, and Apt # 3 is a 3 bedroom main level apartment with a family room and storage in the lower level . Total Gross Annual Income $109,000.

698 Cooper Street, Ottawa Centre
438 Lewis Street, Ottawa Centre
$1,150,000
5 Beds ⋅ 5 Baths ⋅ X13773320 MLS
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses.

438 Lewis Street, Ottawa Centre
466 MACLAREN Street, Ottawa Centre
$1,295,000
3 Beds ⋅ 5 Baths ⋅ X13760452 MLS
Desirable and rarely available - an attractive, well maintained, fully leased, 5-unit apartment building in Centertown. Easy to lease, manage and operate. Major capital improvement completed in the past 10yrs including boiler, roof, driveway, electrical meters, updated common areas and unit interiors. 2 parking spaces. Please contact Listing Agent for financials. Unit Mix = 1-2bed, 1-1bed, 3-studios. Rental Income = $97,520 ; Expenses = $26,093 (incl $500/unit/yr maintenance) ; Net Income = $71,427

466 MACLAREN Street, Ottawa Centre
120 Strathcona Avenue, Glebe - Ottawa East And Area
$1,395,000
6 Beds ⋅ 5 Baths ⋅ X13739076 MLS
A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential.

120 Strathcona Avenue, Glebe - Ottawa East And Area
972 Dynes Road, Mooneys Bay - Carleton Heights And Area
$1,649,000
6 Beds ⋅ 6 Baths ⋅ X13721886 MLS
LOOKING FOR A BRAND NEW INVESTMENT PROPERTY - This IS LIKE NEW - Brand New throughout & beautifully constructed, this 6 unit building has been taken to the studs and rebuilt creating a maintenance free, excellent long term investment property featuring 6 attractive one-bedroom apartments. Each features high end, brand new kitchens finished with lovely quarts counter tops and stainless steel appliances, refrigerator, stove & dishwasher, as well as in-unit laundry. All bathrooms are 4-piece bathrooms with quarts countertops. The upper 4 units have beuatiful rich, solid hardwood flooring throughout and the 2 lower units have attractive, robust and comfortable epoxy flooring. All units have their own heating controls via in wall heat-pumps providing both AIR-CONDITIONING as well as heating via the heat-pumps and supplemental baseboard heating. Each unit has access via the common stairwell as well as via exterior doors. Basement units have glass exterior doors for for improved natural light. TENANTS PAY: Heat and Hydro - all units have their own hydro meters. Heat is electric via heat-pumps and electric baseboard heating. LANDLORD PAYS: property taxes, insurance, water, and snow removal. This newly renovated 6-unit building is completely compliant with the city and has 6 unit occupancy. This is an ideal investment property that is virtually a brand new building, it is very easy to own and manage and was constructed with high quality material and craftmanship from top to bottom.

972 Dynes Road, Mooneys Bay - Carleton Heights And Area
72 Pretoria Avenue, Glebe - Ottawa East And Area
$1,985,000
11 Beds ⋅ 6 Baths ⋅ X13719872 MLS
This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. Gross Income $135,675. Operating expenses $30,340. NOI $105,334. Potential additional parking income $2400.

72 Pretoria Avenue, Glebe - Ottawa East And Area
520 Hilson Avenue, Westboro - Hampton Park
$2,680,000
15 Beds ⋅ 6 Baths ⋅ X13695504 MLS
Rarely offered for sale, this purpose-built 6-plex is ideally located in one of Ottawa's most desirable rental neighbourhoods, just a 15-minute walk to Westboro Village and with equally convenient access to Wellington Village. Exceptionally well maintained by its owner, the property has been thoughtfully cared for over the years, with each of the six units updated. The spacious unit mix includes two 4-bedroom units, three 2-bedroom units and one 1-bedroom unit. All units feature hardwood flooring, eat-in kitchens and generous living spaces. A particularly rare feature is the 5-bay detached garage plus 3 additional surface parking areas, providing excellent parking and storage options, along with individual storage lockers for each apartment. This combination of dedicated garage space and private storage is an uncommon offering for a property of this type and location. The purpose-built building offers convenient access to all units through the front stairwell, with a separate rear stairwell providing access to the garage parking and shared paid laundry facilities. The property currently generates a strong Net Operating Income, with additional upside potential based on today's market rents. Please contact the listing agent for details regarding recent updates, current rents, projected market rents and other property features.

520 Hilson Avenue, Westboro - Hampton Park
475 MacLaren Street, Ottawa Centre
$1,696,000
8 Beds ⋅ 6 Baths ⋅ X13691960 MLS
This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in downtown Ottawa with a delightful canopy of trees and remarkable properties of architectural distinction - just half a block East of Dundonald Park. Originally built for Canada's first Postmaster General, now comprises five impressive, renovated one- and two-bedroom rental suites. Family-owned all these 38 years. Thoughtfully upgraded, meticulously maintained, and built to endure. This turn-of-the-century property features a mix of high ceilings, hardwood floors, and beautiful art deco heating radiators throughout and as it stands blends historic charm with modernized building systems. Major upgrades include renovated kitchens and baths with granite, ceramics and stainless steel appliances; quality fibreglass-framed windows; updated electrical wiring and panels; replacement plumbing stacks; interior foundation treatment (2018); stone foundation repointing (2019); boiler (2001); two hot water tanks in parallel (2015 & 2025); roofing (2005 & 2016); five hydro meters; hardwired smoke detectors; tenant lockers; storage and garbage sheds; and seven window A/C units. Unit 1 is an exceptionally spacious two-bedroom suite offering a gas fireplace, wood-burning fireplace in the living room, five-piece ensuite, in-unit laundry and private deck. Residents enjoy a welcoming veranda, lobby, balconies, patios and deck areas. The lower level provides shared coin-operated laundry, private storage lockers and workshop space. Parking accommodates three or more vehicles in tandem. The grounds are attractively landscaped with generous side and rear yard amenities. The investment fundamentals are compelling, with an NOI of $79,000 and plenty of room. Just steps from Somerset Street, Bank Street, Parliament Hill, LRT transit, cycling infrastructure, restaurants, cafés, shopping, grocery stores and everyday conveniences .Well worth a discussion and site visit.

475 MacLaren Street, Ottawa Centre
287 St Laurent Boulevard, Manor Park - Cardinal Glen And Area
$1,299,000
7 Beds ⋅ 5 Baths ⋅ X13659988 MLS
Exceptional investment opportunity in desirable Manor Park! This turn-key five-unit apartment building offers an ideal unit mix, including one 3-bedroom unit, one 2-bedroom unit, two 1-bedroom units, and one bachelor unit. The units have been renovated with modern, quality finishes, updated appliances, in-unit laundry, and ample parking. This well-maintained property is perfectly suited for investors seeking stable cash flow with a gross annual income of approx. $100,483. Fully leased with strong rental demand in the area. Conveniently located close to St. Laurent Shopping Centre, Montfort Hospital, public transit, schools, parks, the Ottawa River, and amenities. Don't miss this excellent opportunity to purchase a stable, income-generating property in a sought-after location.

287 St Laurent Boulevard, Manor Park - Cardinal Glen And Area
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