Ottawa Homes with Fourplex Subtype

Ottawa Homes with Fourplex Subtype

Welcome to Ottawa, the vibrant capital of Canada, where rich history meets modern living. Nestled in the province of Ontario, Ottawa is renowned for its stunning architecture, cultural diversity, and a plethora of recreational activities. With the picturesque Rideau Canal winding through the city, residents enjoy year-round outdoor adventures, from boating in the summer to skating in the winter. The city is also home to a thriving arts scene, numerous museums, and an array of festivals that celebrate its multicultural heritage.

For those considering a smart investment in the real estate market, Ottawa offers an exciting opportunity with fourplex homes. Perfectly suited for both investors and families, these properties provide a unique blend of functionality and financial potential. A fourplex consists of four separate living units, allowing for multiple rental incomes while maintaining a single property footprint. This makes it an ideal choice for those looking to maximize their investment in a city with a growing population and a steady demand for rental housing.

Living in a fourplex in Ottawa not only offers the benefit of additional income but also fosters a sense of community. Residents can enjoy the company of neighbors while maintaining their privacy. With the city's commitment to development and infrastructure, owning a fourplex here is not just a home purchase; it’s a step towards a prosperous future. Experience the charm of Ottawa and explore the possibilities that fourplex living can bring to your life. Whether you're an investor or a homeowner, Ottawa is a place where dreams can flourish.

Newest Ottawa Homes with Fourplex Subtype

$2,195,000
16 Beds 8 Baths X13039300 MLS
Welcome to 59 Concord Street - a rare opportunity to acquire a purpose-built fourplex in the heart of the Glebe, steps to the University of Ottawa and the Rideau Canal. Built in 2016, this Class A, fully stabilized asset sits in one of Ottawa's strongest and most consistent rental corridors. The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas. Every unit is equipped with in-suite laundry, independent HVAC systems (furnace and A/C), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units - a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal. Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention. Located within walking distance to the ByWard Market, Parliament Hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the University of Ottawa and downtown employment hubs. Strong financial profile with an NOI of $105,500.30 at a 4.8% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance - an exceptional addition to any serious investor's portfolio.

59 Concord Street N, Glebe - Ottawa East And Area

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