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

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

Welcome to the enchanting region of Greely, Metcalfe, Osgoode, and Vernon in Ontario, Canada—a hidden gem that beautifully marries small-town charm with the convenience of urban living. Nestled just a short drive from Ottawa, this picturesque area offers a serene escape, surrounded by lush landscapes and a welcoming community spirit.

Greely is known for its vibrant neighborhoods, where families thrive amidst excellent schools, recreational facilities, and local parks. Metcalfe boasts a rich agricultural heritage, providing residents with a taste of country living while still enjoying modern amenities. Osgoode, with its quaint village atmosphere, is perfect for those seeking a close-knit community, while Vernon offers stunning views and outdoor adventures for nature enthusiasts.

For those seeking investment opportunities or multi-generational living arrangements, the homes in this area with a multiplex subtype are particularly appealing. These properties not only provide ample space for families but also offer the potential for rental income, making them an excellent choice for savvy investors. Imagine the possibilities of living in one unit while renting out the others—an ideal setup for maximizing your investment.

In Greely, Metcalfe, Osgoode, and Vernon, you’ll find a variety of multiplex homes designed with comfort and functionality in mind. With spacious layouts and modern finishes, these residences are perfect for accommodating families of all sizes or providing a comfortable haven for guests.

Experience the warmth and charm of this remarkable region, where community, nature, and opportunity come together. Whether you’re looking to settle down or invest, Greely, Metcalfe, Osgoode, and Vernon await you with open arms!

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

$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
$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
$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
$1,825,000
6 Beds ⋅ 6 Baths ⋅ X13721886 MLS
Welcome to 972 Dynes Road. This newly renovated 6 unit building has been taken to the studs and converted from a triplex into 6 one-bedroom units. Each unit is equipped with brand new kitchens finished with quarts counter tops and stainless steel appliances, as well as in-unit laundry. Each Unit has their own heating controls via in wall heat-pumps providing air-conditioning as well as heating via the heat-pumps and supplemental baseboard heating. All bathrooms are 4-peice bathrooms with quarts countertops. Each unit has access via the common stairwell as well as via exterior doors. Main floor and upper units finished with hardwood flooring throughout. Basement completed with a robust and comfortable epoxy finish. 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 builidng is completely compliant with the city and has 6 unit occupancy.

972 Dynes Road, Mooneys Bay - Carleton Heights 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 $33,658. NOI $102,016. Potential additional parking income $2400.

72 Pretoria Avenue, Glebe - Ottawa East And Area
$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
$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 $72,000 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
$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
$2,395,000
20 Beds ⋅ 7 Baths ⋅ X13527154 MLS
Rarely available 6-unit with accessory 7th unit in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025

342 Frank Street, Ottawa Centre
$1,995,000
10 Beds ⋅ 6 Baths ⋅ X13483634 MLS
Description: Turn-key 6-unit multifamily in west-central Ottawa - a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes.Approx. $128,040 gross income and projected NOI near $100,700 - a 5.05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry. Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417. Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday. Some photos virtually staged.

824 Kirkwood Avenue, Carlington - Central Park
$1,249,000
4 Beds ⋅ 5 Baths ⋅ X13463754 MLS
Nestled in the prestigious and well-established Hunt Club neighbourhood at 25 Pennard way, this newly constructed, semi-detached executivetownhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantlyappointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoybreathtaking vistas from a 500 sq.ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept designadorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs, including theOttawaInternational Airport and Uplands Business Park, effortless commuting via Highway 417, and proximity to premier amenities such asHunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence andastute investment in a high-demand rental market

25 Pennard Way Unit A & B, Hunt Club - South Keys And Area
$1,249,000
4 Beds ⋅ 5 Baths ⋅ X13463624 MLS
Nestled in the prestigious and well-established Hunt Club neighborhood at 22 Inverkip Avenue, this newly constructed, semi-detached executivetownhome represents a premier opportunity for both luxurious owner-occupancy and strategic investment. The property features two elegantlyappointed, self-contained units, each with private entrances, each with two private parking spots, in-suite laundry, and separate mechanicalsystems, ensuring privacy and ease of management while generating significant rental income to offset carrying costs. Residents will enjoybreathtaking vistas from a 500 sq. ft rooftop terrace, spacious interiors with ensuite bathrooms, walk-in closets, and an open-concept designadorned with high-end finishes and cabinetry. Its unparalleled location offers immediate access to major employment hubs including theOttawaInternational Airport and Uplands Business Park, effortless commuting via Highway 417; and proximity to premier amenities such asHunt ClubPlaza, recreational facilities, and scenic green spaces, making it an exceptional choice for discerning buyers seeking opulence andastute investment in a high-demand rental market

22 Inverkip Avenue Unit A/B, Hunt Club - South Keys And Area
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