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

$1,696,000
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

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