Ottawa Homes with Multiplex Subtype

Ottawa Homes with Multiplex Subtype

Welcome to Ottawa, the vibrant capital city of Canada, where history meets modernity in a picturesque setting. Nestled along the banks of the Ottawa River, this dynamic city is renowned for its stunning architecture, rich cultural heritage, and diverse neighborhoods. From the iconic Parliament Hill to the serene pathways of the Rideau Canal, Ottawa offers a unique blend of urban excitement and natural beauty.

For those looking to invest in a home that offers both charm and versatility, consider exploring the multiplex subtypes available in Ottawa. These properties are perfect for savvy investors or families seeking additional living space. Multiplex homes, which typically include two to four units, provide an excellent opportunity for rental income while maintaining a comfortable living environment.

Imagine living in a beautifully restored duplex in the heart of the Glebe, where you can enjoy the local cafes and boutique shops, or perhaps a triplex in the bustling ByWard Market, where the vibrancy of city life is at your doorstep. Each multiplex home in Ottawa is unique, offering various architectural styles, from classic Victorian to modern designs, catering to diverse tastes and lifestyles.

Ottawa’s strong rental market, driven by a steady influx of students, professionals, and government employees, makes multiplex homes an attractive investment. Whether you’re looking to live in one unit and rent out the others or seeking a fully rental property, Ottawa’s multiplex homes provide a flexible and financially sound option.

Explore the possibilities that Ottawa has to offer and discover your perfect multiplex home in this charming city that truly has something for everyone!

Newest Ottawa Homes with Multiplex Subtype

$1,324,900
7 Beds ⋅ 5 Baths ⋅ X13575656 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
$974,900
5 Beds ⋅ 4 Baths ⋅ X13470236 MLS
"Walkable Lifestyle. Reliable Investment." On one of most desirable urban streets, just steps from the Rideau Canal and moments to the cafés, restaurants, boutiques, and everyday conveniences of Golden Triangle and Elgin Street, this brick house ( presently 3 units) presents a rare opportunity for both investors and future owner-occupiers a like. The building showcases attractive heritage-inspired brick detailing. Fully rented and excellent tenant's. Set on a quiet residential street lined with attractive homes and long-term neighbors, the property benefits from a location that continues to attract high-quality tenants seeking an urban lifestyle centered around walkability, green space, and community connection. The building comprises well-rented units with excellent tenants currently in place, generating annual rental income of $58,284.00. with approximately $20,866.67 in yearly expenses ( includes snow removal ). Rear laneway access provides parking and year-round convenience, with the lane maintained and plowed in winter months. Beyond the existing income potential, the property also offers long-term upside and flexibility. Whether maintained as a stable investment property, gradually updated to further enhance revenue potential, or eventually reimagined as a future owner-occupied residence with income support, the combination of location, lot size, brick construction, and neighborhood demand creates a compelling opportunity for growth over time. With a 30 x 93 ft lot, rear lane access and one of Ottawa's most walkable urban settings, this is the kind of property that rarely loses relevance - a smart investment today and an exciting opportunity for the future. 3 units - one per floor - 3rd floor unit access at rear . Rear Lane allows for easy access -3 car parking. As well a shared right of way driveway with 89 Waverley. .Zoning N4B(478) Showing times 24 hour notice.

85 Waverley Street E, Ottawa Centre
$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
$1,499,900
19 Beds ⋅ 11 Baths ⋅ X13449798 MLS
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 ACRES of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.5% CAP RATE with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Property being sold as-is, where-is. Contact for more details!

1675 Dunning Road, Orleans - Cumberland And Area
$2,250,000
6 Beds ⋅ 5 Baths ⋅ X13448840 MLS
Rare opportunity to acquire a meticulously restored and fully furnished 5-plex in the heart of Ottawa. Originally constructed around 1900, this stately red-brick property seamlessly blends historic character with extensive modern upgrades, creating a truly turnkey investment opportunity. Vacant and ready for immediate occupancy, investors can set market rents from day one, while owner-operators have the flexibility to live in one suite and rent the others. The building showcases timeless architectural details, including original hardwood floors, grand staircases, decorative fireplaces, soaring ceilings, oversized windows, and period millwork, all thoughtfully preserved and complemented by tasteful updates throughout. Each suite is beautifully appointed and fully furnished, offering a move-in-ready experience for tenants or short-term rental operators. Extensive improvements have already been completed, leaving virtually nothing to do but collect income. The property features updated kitchens and baths, modern finishes, well-maintained mechanical systems, attractive common areas, and exceptional curb appeal. Multiple balconies and outdoor sitting areas enhance the living experience, while the impressive corner-lot presence reflects the property's rich heritage. A rare bonus in this central urban location is the abundance of on-site parking, with space for 5+ vehicles, providing exceptional convenience for residents and guests alike. Situated within walking distance of Ottawa's vibrant downtown core, restaurants, cafés, shopping, transit, parks, and major employment hubs, ideal for investors! Whether your vision is long-term rentals, furnished executive suites, multi-generational living, or a hybrid investment strategy, this exceptional property offers flexibility, character, and income potential in one of Ottawa's most sought-after locations. A true turnkey heritage investment-fully furnished, vacant, beautifully updated, and ready for its next chapter!

64 Delaware Avenue S, Ottawa Centre
$2,899,999
9 Beds ⋅ 9 Baths ⋅ X13410670 MLS
Architectural Award-Winning Victorian Adjacent to the Golden Triangle. This architectural award-winning Classic Victorian stands as a testament to timeless craftsmanship and pride of ownership. Over 191K Gross income! Ideally located adjacent to Ottawa's prestigious Golden Triangle, between Metcalfe and Elgin Streets, this remarkable property features 7 elegant residential units, plus 2 bachelor suites in the charming coach house, offering versatility and excellent income potential. Lovingly maintained by long-term owners, the building showcases exceptional care and preservation of its original character. Its refined hardwood floors, intricate plaster coves, decorative mouldings, high baseboards, and solid wood doors reflect the craftsmanship of a bygone era, carefully preserved through thoughtful updates that enhance both comfort and functionality. Four units feature beautiful fireplaces, adding warmth and charm, while every detail reflects the building's enduring quality and attention to detail. The exterior is equally impressive, surrounded by lush, manicured landscaping, mature trees, and a stately facade that embodies the elegance of the Victorian period. With 10 parking spaces and a 66.28 x 110 ft lot, this property seamlessly blends character, space, and convenience. Perfectly situated steps from downtown Ottawa, near O'Connor and Somerset Streets, residents enjoy easy access to the Parliament Buildings, Rideau Canal, University of Ottawa, and the vibrant shops, cafes, and restaurants of Elgin and Bank Streets. Everyday amenities are nearby, including Independent Grocer (2 minutes) and Farm Boy (5 minutes), making this one of Ottawa's most desirable and walkable locations. A truly distinguished property, this classic Victorian represents a rare opportunity to own a piece of Ottawa's architectural heritage, a beautifully maintained residence where history, charm, and prime location come together perfectly.

260 Somerset Street W, Ottawa Centre
$1,350,000
6 Beds ⋅ 5 Baths ⋅ X13236514 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 $97,740 in gross annual income at a 5.8% 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. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows installed in 2023, and a new furnace and hot water tank installed in 2023. With all major capital improvements completed and the remaining building components in good condition, 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 comes with 3 parking spaces across the two driveways on site. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive assumable financing, and significant recent improvements in one of Ottawa's premier rental neighbourhoods. Unit B, D, and E are currently vacant (rent is projected based on prior leases) - these units can be leased prior to closing or held vacant for the purchaser.

514 Lyon Street N, Ottawa Centre
$978,000
5 Beds ⋅ 5 Baths ⋅ X13216242 MLS
This exceptional parkside property offers a rare blend of urban character, immediate cash flow, and premium location. Operating as a fiveplex with a non-conforming fifth basement suite (property taxes from the city come for five units), the building features a highly rentable layout anchored by a large two bedroom unit with a spacious living area, and a mix of different sized one bedroom apartments. Location is an incredible selling point here, sitting directly in front of a vibrant park and community recreation centre, being one of the greenest areas in downtown environment, just a short walk to the best of Chinatown, Little Italy, and the Glebe. The investment delivers total peace of mind with approximately $64,020 in yearly rent income, fully occupied by respectful young professionals. This property has been meticulously maintained with high-value updates already completed, including a new roof and eavestroughs in November 2023, an updated main electrical panel in 2015, and a steady history of interior refreshes to the flooring, washrooms, and appliances. This is a turnkey addition to any portfolio, offering massive long term value and clear rental upside based on its irreplaceable setting and solid condition. The lot comes with two parking spaces: one is designated for tenant use, and the other is a legal easement reserved for the neighboring property.

634 GLADSTONE Avenue, Ottawa Centre
$995,000
10 Beds ⋅ 7 Baths ⋅ X13209436 MLS
Exceptional investment opportunity in the heart of North Gower, offering immediate income and outstanding future development potential. Positioned prominently at the intersection of Roger Stevens Drive and Fourth Line Road, this unique land assembly includes two fully tenanted triplex buildings along with a commercially zoned parking lot situated between them. The parking area accommodates approximately 10-12 vehicles and features a versatile outbuilding currently utilized for storage. With Village Mixed Use (VM) zoning, this property presents remarkable flexibility for a wide range of commercial, residential, or mixed-use possibilities. Whether you're seeking a strong income-generating asset, a strategic land holding, or a site with exciting redevelopment prospects, this offering delivers exceptional value and long-term upside in a growing community. *Lot size is based on all three properties.

6607-6613 Fourth Line Road, Manotick - Kars - Rideau Twp And Area
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