Greely - Metcalfe - Osgoode - Vernon And Area Homes with Investment Subtype

Greely - Metcalfe - Osgoode - Vernon And Area Homes with Investment Subtype

Welcome to the enchanting region of Greely, Metcalfe, Osgoode, and Vernon – a hidden gem in Ontario that beautifully blends rural charm with modern conveniences. Nestled just south of Ottawa, this picturesque area offers a serene lifestyle while still providing easy access to the vibrant capital city. With sprawling landscapes, lush greenery, and friendly communities, it’s no wonder that families and professionals alike are drawn to this tranquil haven.

Greely is known for its family-oriented atmosphere, featuring excellent schools, parks, and recreational facilities that cater to all ages. The community’s commitment to preserving its natural beauty is evident in the numerous trails and outdoor spaces, perfect for hiking, cycling, and enjoying nature. Meanwhile, Metcalfe and Osgoode exude a quaint charm with their historic buildings and local shops, creating a warm, welcoming environment for residents and visitors alike.

Vernon, often celebrated for its stunning views and peaceful surroundings, offers a unique blend of rural and suburban living. The area is also increasingly recognized for its investment potential, with a variety of homes available that cater to different lifestyles and budgets. Whether you’re looking for a spacious family home, a charming bungalow, or a modern townhouse, the real estate market here provides ample opportunities for both first-time buyers and seasoned investors.

With an eye on investment, the homes in this region not only promise a comfortable living experience but also present a chance for future growth. As the area continues to develop, now is the perfect time to explore the possibilities that Greely, Metcalfe, Osgoode, and Vernon have to offer. Come discover your dream home in this idyllic Ontario locale!

Newest Greely - Metcalfe - Osgoode - Vernon And Area Homes with Investment Subtype

$1,150,000
5 Beds ⋅ 5 Baths ⋅ X13773468 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
$1,350,000
X13765152 MLS
Ideally situated in Ottawa's coveted Golden Triangle, this property represents a rare opportunity to acquire a well-maintained six-unit multifamily asset in one of the city's most desirable urban enclaves. Each suite is thoughtfully configured, offering a strong foundation of stable income with meaningful potential for rental growth and value appreciation. The property's central location ensures enduring tenant demand, exceptional walkability, and proximity to Ottawa's key employment, retail, and lifestyle corridors. Investors will appreciate the balance of reliability and upside-an ideal addition to any portfolio seeking long-term performance in a high-barrier-to-entry market. A new roof was completed in 2024, further enhancing the property's desireability. Opportunities of this caliber in Ottawa's thriving multifamily market are increasingly rare, making 88 MacLaren Street a must-see for the discerning investor. Seller may consider VTB.

88 Maclaren Street, Ottawa Centre
$1,269,000
X13764372 MLS
Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale.

511 Bank Street, Ottawa Centre
$895,000
4 Baths ⋅ X13758910 MLS
Rare dual-opportunity in the heart of Centretown. Buy cash flow today, build tomorrow. Three tenanted units generating verified income with a vacant basement offering additional income potential. Included is a complete, permit-ready 10-unit redevelopment package - full architectural, servicing, grading, electrical and tree reports. Building and demolition permits submitted to the City of Ottawa; first-round review complete with standard infill comments issued. Buyers can revise or proceed to resubmission under their own name. Set up for MLI Select financing: up to 95% LTV and 50-year amortization. Accessible lift included in plans with potential to add 2 additional storeys. 33' x 112' lot. 4 parking spaces. Walking distance to Bank St, Elgin, and Little Italy. Close to grocery, retail, dining, transit and LRT. Unit mix: 2 x 2-bedroom, 1 x 1-bedroom (tenanted) + basement unit (vacant). Permit-ready package, architectural drawings, and financials available. Contact listing agent for data room access.

575 Somerset Street W, Ottawa Centre
$1,750,000
X13745178 MLS
A visible Rockland office asset appealing to medical and professional users, owner-occupiers seeking rental income alongside their own occupancy, and investors looking for a flexible income-producing commercial asset. Positioned along Laurier Street, the property offers approximately 7,705 sq. ft. of office space and has benefited from meaningful recent capital investment, including a roof replacement in 2020, two rooftop HVAC units installed in 2020 to service the two-storey office building, a furnace replacement in the two-storey building in 2020, an A/C unit replacement in September 2022, select LED light fixture upgrades in 2020, and, within the one-storey office building, a furnace replacement and new water heater completed in 2019. A separate detached 734 sq. ft. residence on Laviolette Street adds another layer of value and flexibility for income, future use or longer-term repositioning.

00 Laurier Street, Clarence-Rockland
$938,000
X13732866 MLS
Location, Location, Location! Transform this high visibility asset into Commercial space of your own. Flexible zoning allows for Mixed use - turn into an OFFICE or have SHORT TERM RENTALS, etc. Endless possibilities await with this exceptional income-generating property in the heart of Central Ottawa, ideally positioned between Centretown, Chinatown, and Little Italy. A rare opportunity for investors, developers, and land bankers seeking strong cash flow today with substantial redevelopment potential tomorrow. Zoned TM14 H(20), this highly flexible zoning allows for a wide range of commercial, mixed-use, and multi-residential uses with building heights up to 20 metres, creating tremendous future upside in one of Ottawa's fastest-growing urban corridors. Situated on a 29 x 110 ft lot with 5 rear parking spaces, this property offers unbeatable convenience with a near-perfect Walk Score of 99/100. Steps to transit, employment hubs, restaurants, parks, shopping, and downtown amenities, this location continues to attract strong tenant demand and redevelopment interest. Currently configured with 7 (seven) fully furnished mid- to long-term residential tenants (formerly office use), accompanied by 2 shared kitchens and 2 shared bathrooms. The property has undergone over $100,000 in renovations to enhance tenant appeal and maximize rental performance. Potential gross income when fully rented: $116,832/year. Generate strong existing income while maintaining the flexibility to redevelop, reposition, expand, or hold as a long-term appreciation asset. Ideal for developers, commercial investors, multi-unit buyers, and those seeking a value-add opportunity with future intensification potential. Rarely do properties combine cash flow, premium urban location, zoning flexibility, parking, and development potential in one package. Contact listing agent for financials, additional photos, and private viewing. ALL SERIOUS OFFERS WELCOME.

474 SOMERSET Street W, Ottawa Centre
$5,500,000
X13732730 MLS
Welcome to 365 Richmond Road, a beautiful commercial property located in Westboro hitting the market for the first time in over 50 years! A rare and unique opportunity to acquire a stunning 6,000 SF office and retail property with a striking street front address. This property was initially built in 1913 by John E. Cole for the Bank of Ottawa to support the demand for a much needed local financial institution. Currently home to the Frontline Financial Credit Union and to Core Connections Physiotherapy, this property has been serving the community ever since. 365 Richmond Road is nestled in one of the city's trendiest neighbourhood's which hosts an exiting mix of retail boutiques, pubs, cafés, top tier dining experiences, art galleries, the GCTC, health and fitness studios, to name a few, combined with beautiful green landscapes and a connection to nature. In this area, whether you're at work or at home, people have access to walk and cycle alongside the Ottawa River, kayak the nearby rapids or rest at the beach. This property's premium location also includes convenient access to public transit, the highway and several important event centres such as Lebreton Flats, Parliament Hill, Gatineau Park and the Experimental Farm. With 76 feet of premium frontage on Richmond Road, 0.33 acres of land and a large parking lot, this commercial building in Westboro has it all.

365 Richmond Road, Carlingwood - Westboro And Area
$1,985,000
X13719870 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 $33,658. NOI $102,016. Potential additional parking income $2400.

72 Pretoria Avenue, Glebe - Ottawa East And Area
$2,680,000
15 Beds ⋅ 2 Baths ⋅ X13711044 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
$899,900
2 Baths ⋅ X13662066 MLS
Builder and developer opportunity in the heart of West Centretown. 141 Percy St is a CM1-zoned brick duplex on a 272 sq m (50x58 ft) lot offering many permitted mixed-use/commercial uses, steps from Somerset West, Little Italy, and the Gladstone commercial corridor. Existing property (1,476 sq ft above grade / 4 bed / 2 bath / 2 kitchens across two self-contained units) generates holding income while you plan: market rents support $1,900-2,100/unit plus $170+/space/month on 4 private drive spaces ($8,160+/yr parking). Offered by the Estate at $899,900 - as-is, where-is, vacant possession, probate complete, flexible closing. 24-hour irrevocable on all offers.

141 Percy Street, Ottawa Centre
$1,525,000
X13622156 MLS
Rare five-unit investment opportunity in the heart of Centretown! This income-producing multifamily property offers an excellent unit mix, featuring one spacious 3-bedroom, 2-bathroom unit with in-suite laundry and four 1-bedroom, 1-bathroom units, making it an attractive option for both investors and tenants. Ideally located in one of Ottawa's most sought-after urban neighbourhoods, this property is just steps from vibrant shops, restaurants, cafés, parks, and public transit. Its prime location provides tenants with exceptional walkability and easy access to downtown, government offices, and major employment hubs. With strong rental demand, multiple income streams, and long-term appreciation potential, this property presents a compelling opportunity to expand your investment portfolio or add a quality asset to your holdings. Whether you're a seasoned investor or entering the multifamily market, this well-positioned property offers both stability and growth potential.

548 Maclaren Street, Ottawa Centre
$5,250,000
X13538878 MLS
CDN GLOBAL (OTTAWA) LTD. is pleased to present 1258-1260 Marenger Street, Ottawa, Ontario, a recently constructed 12-unit multi-residential investment property located in the desirable Convent Glen South neighbourhood of Orleans. Completed in 2023, the development consists of two modern three-storey stacked townhouse buildings comprising a total of 12 residential units. The property offers a highly desirable unit mix of spacious two-bedroom suites featuring contemporary finishes, in-suite laundry, central heating and air conditioning, and private rear patios with yard space. Each unit is equipped with a refrigerator, stove, hood fan, dishwasher, washer and dryer, and rental hot water tank. The property benefits from 16 on-site parking spaces for residents and visitors and is strategically positioned within a well-established residential community known for its strong tenant appeal and convenient access to amenities. Located north of St. Joseph Boulevard and west of Jeanne d'Arc Boulevard, the property enjoys excellent connectivity to Highway 174, OC Transpo bus routes, and the Jeanne d'Arc LRT Station, located approximately 950 meters away. Residents are within walking distance of neighbourhood retail, restaurants, services, parks, and recreational amenities, while remaining just minutes from the broader commercial offerings along Innes Road.

1258-1260 Marenger Street, Orleans - Convent Glen And Area
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