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346 Winona Avenue, Westboro - Hampton Park

7 unit apartment building, purpose built in 1990. All apartments are 1 bedrooms with similar layouts, open concept kitchen and living area, large windows, hardwood floors, all tenants pay their own heat, 4 piece bathrooms, above grade apartments have balconies, at grade have patios, one basement apartment. Apartments have been well maintained, stainless steel appliances, always high demand given the parking. Basement laundry room, storage lockers.

7 Beds ⋅ 7 Baths ⋅ X14115474 MLS

7 unit apartment building, purpose built in 1990. All apartments are 1 bedrooms with similar layouts, open concept kitchen and living area, large windows, hardwood floors, all tenants pay their own heat, 4 piece bathrooms, above grade apartments have balconies, at grade have patios, one basement apartment. Apartments have been well maintained, stainless steel appliances, always high demand given the parking. Basement laundry room, storage lockers.

346 Winona Avenue, Westboro - Hampton Park

$1,999,000

Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.83%. It has been continuously occupied since the current owner's purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city.

9 Beds ⋅ 6 Baths ⋅ X14020934 MLS

Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.83%. It has been continuously occupied since the current owner's purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city.

161-163 Gilmour Street, Ottawa Centre

$2,100,000

PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x 2-bedroom suite at $2,700/month, 4 x 1-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs.

6 Beds ⋅ 5 Baths ⋅ X13869734 MLS

PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x 2-bedroom suite at $2,700/month, 4 x 1-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs.

64 Delaware Avenue, Ottawa Centre

$1,375,000

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 $89,760 in gross annual income at a 5.3% 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. An option for a second position VTB is also available. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, 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 includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa's premier rental neighbourhoods.

6 Beds ⋅ 5 Baths ⋅ X13844228 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 $89,760 in gross annual income at a 5.3% 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. An option for a second position VTB is also available. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, 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 includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa's premier rental neighbourhoods.

514 Lyon Street N, Ottawa Centre

$1,425,000

Excellent Investment Opportunity Single Commercial Unit Long Term barbershop tenant, and 3 Residential Units: Apt # 1, 2 bedroom with large rooftop deck, Apt # 2 is a 1 bedroom with rooftop deck, and Apt # 3 is a 3 bedroom main level apartment with a family room and storage in the lower level . Total Gross Annual Income $109,000.

X13791902 MLS

Excellent Investment Opportunity Single Commercial Unit Long Term barbershop tenant, and 3 Residential Units: Apt # 1, 2 bedroom with large rooftop deck, Apt # 2 is a 1 bedroom with rooftop deck, and Apt # 3 is a 3 bedroom main level apartment with a family room and storage in the lower level . Total Gross Annual Income $109,000.

698 Cooper Street, Ottawa Centre

$1,150,000

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.

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.

438 Lewis Street, Ottawa Centre

$1,295,000

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

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

120 Strathcona Avenue, Glebe - Ottawa East And Area

$1,395,000

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.

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

972 Dynes Road, Mooneys Bay - Carleton Heights And Area

$1,649,000

LOOKING FOR A BRAND NEW INVESTMENT PROPERTY - This IS LIKE NEW - Brand New throughout & beautifully constructed, this 6 unit building has been taken to the studs and rebuilt creating a maintenance free, excellent long term investment property featuring 6 attractive one-bedroom apartments. Each features high end, brand new kitchens finished with lovely quarts counter tops and stainless steel appliances, refrigerator, stove & dishwasher, as well as in-unit laundry. All bathrooms are 4-piece bathrooms with quarts countertops. The upper 4 units have beuatiful rich, solid hardwood flooring throughout and the 2 lower units have attractive, robust and comfortable epoxy flooring. All units have their own heating controls via in wall heat-pumps providing both AIR-CONDITIONING as well as heating via the heat-pumps and supplemental baseboard heating. Each unit has access via the common stairwell as well as via exterior doors. 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 building is completely compliant with the city and has 6 unit occupancy. This is an ideal investment property that is virtually a brand new building, it is very easy to own and manage and was constructed with high quality material and craftmanship from top to bottom.

6 Beds ⋅ 6 Baths ⋅ X13721886 MLS

LOOKING FOR A BRAND NEW INVESTMENT PROPERTY - This IS LIKE NEW - Brand New throughout & beautifully constructed, this 6 unit building has been taken to the studs and rebuilt creating a maintenance free, excellent long term investment property featuring 6 attractive one-bedroom apartments. Each features high end, brand new kitchens finished with lovely quarts counter tops and stainless steel appliances, refrigerator, stove & dishwasher, as well as in-unit laundry. All bathrooms are 4-piece bathrooms with quarts countertops. The upper 4 units have beuatiful rich, solid hardwood flooring throughout and the 2 lower units have attractive, robust and comfortable epoxy flooring. All units have their own heating controls via in wall heat-pumps providing both AIR-CONDITIONING as well as heating via the heat-pumps and supplemental baseboard heating. Each unit has access via the common stairwell as well as via exterior doors. 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 building is completely compliant with the city and has 6 unit occupancy. This is an ideal investment property that is virtually a brand new building, it is very easy to own and manage and was constructed with high quality material and craftmanship from top to bottom.

972 Dynes Road, Mooneys Bay - Carleton Heights And Area

72 Pretoria Avenue, Glebe - Ottawa East And Area

$1,985,000

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 $30,340. NOI $105,334. Potential additional parking income $2400.

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 $30,340. NOI $105,334. Potential additional parking income $2400.

72 Pretoria Avenue, Glebe - Ottawa East And Area

520 Hilson Avenue, Westboro - Hampton Park

$2,680,000

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.

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.

520 Hilson Avenue, Westboro - Hampton Park

$1,696,000

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 $79,000 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.

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 $79,000 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

287 St Laurent Boulevard, Manor Park - Cardinal Glen And Area

$1,299,000

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.

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

Rarely available 6-unit with accessory 7th unit in prime Centretown location. 200K 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

20 Beds ⋅ 7 Baths ⋅ X13527154 MLS

Rarely available 6-unit with accessory 7th unit in prime Centretown location. 200K 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

824 Kirkwood Avenue, Carlington - Central Park

$1,995,000

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.

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

25 Pennard Way Unit A & B, Hunt Club - South Keys And Area

$1,249,000

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

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

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

$1,249,000

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

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

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

$995,000

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.

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

442 SUNNYSIDE Avenue, Glebe - Ottawa East And Area

$2,690,000

Exceptional turnkey investment property in the heart of Old Ottawa South, just steps from Carleton University, public transit, parks, restaurants, and everyday amenities. Built in 2022, this modern multi-unit building offers approximately 6,000 sq. ft. of thoughtfully designed living space, featuring 3 self-contained units with potential for a future 4th unit, with a separate side entrance already in place.Offering a total of 17 bedrooms and 10 bathrooms, the property is purpose-built for strong rental performance and efficient management. The main unit spans two levels with 7 bedrooms and 4 bathrooms, including an ensuite and Jack & Jill bathroom. The upper two units feature nearly identical layouts, each offering 5 bedrooms and 3 bathrooms, also with ensuite and Jack & Jill bathrooms.Each unit is separately metered and equipped with its own hydro, gas, A/C, and in-unit laundry. High-quality, low-maintenance finishes include commercial-grade flooring, stone countertops, stainless steel appliances, extensive LED pot lighting, and professionally landscaped front and rear yards. Energy-efficient systems help reduce operating costs and support long-term profitability.An outstanding opportunity for investors seeking strong, reliable cash flow in one of Ottawa's most desirable rental locations. Highly attractive to university students and young professionals due to its exceptional convenience and accessibility, supported by proven rental history, stable occupancy, and strong tenant demand.

17 Beds ⋅ 10 Baths ⋅ X13172186 MLS

Exceptional turnkey investment property in the heart of Old Ottawa South, just steps from Carleton University, public transit, parks, restaurants, and everyday amenities. Built in 2022, this modern multi-unit building offers approximately 6,000 sq. ft. of thoughtfully designed living space, featuring 3 self-contained units with potential for a future 4th unit, with a separate side entrance already in place.Offering a total of 17 bedrooms and 10 bathrooms, the property is purpose-built for strong rental performance and efficient management. The main unit spans two levels with 7 bedrooms and 4 bathrooms, including an ensuite and Jack & Jill bathroom. The upper two units feature nearly identical layouts, each offering 5 bedrooms and 3 bathrooms, also with ensuite and Jack & Jill bathrooms.Each unit is separately metered and equipped with its own hydro, gas, A/C, and in-unit laundry. High-quality, low-maintenance finishes include commercial-grade flooring, stone countertops, stainless steel appliances, extensive LED pot lighting, and professionally landscaped front and rear yards. Energy-efficient systems help reduce operating costs and support long-term profitability.An outstanding opportunity for investors seeking strong, reliable cash flow in one of Ottawa's most desirable rental locations. Highly attractive to university students and young professionals due to its exceptional convenience and accessibility, supported by proven rental history, stable occupancy, and strong tenant demand.

442 SUNNYSIDE Avenue, Glebe - Ottawa East And Area

54 Centennial Boulevard, Glebe - Ottawa East And Area

$1,850,000

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,540.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement/repointing, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential.

10 Beds ⋅ 6 Baths ⋅ X13022406 MLS

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,540.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement/repointing, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential.

54 Centennial Boulevard, Glebe - Ottawa East And Area

35 Cloverloft Court, Stittsville - Munster - Richmond

$789,000

This property, known as Creekside Lofts, is adjacent to Poole Creek; it consists of one legal duplex rented out for medium term rentals (30 days or longer up to 180 days). Perfect for an investor or a sitting owner who wants to live in one unit and rent out the other. Alternatively, the property would be ideal for a multi-generational family or co-operative housing. Each furnished unit consists of three bedrooms and two baths. They typically rent as MTR (medium term rentals) for $3,500 per month per unit. Total potential revenue from existing duplex is $7,000 monthly ($84,000/year gross). The lot is exceptionally deep, and pie-shaped. Depth ranges from 145.7 to 164.4 feet. Zoning is R1D[2240]: Primarily single-detached dwelling plus the addition of a secondary dwelling units. As of 2025-2026, many R1 zones are transitioning to new "N-series" (Neighbourhood) zones that allow up to 4 units per lot. Subject property is close to services, transit and jobs, 7-mins from the Canadian Tire Centre and there is a natural area behind the properties bordering Poole Creek which provides noise reduction, privacy and beauty. High Ranch construction means lower-level units is only 1/2 level down, has 8-foot ceiling height and large windows, good daylighting. Each unit is about 1,350 square feet, with separate ingress/egress. Total developed floor space of approximately 2,700 sq ft.

6 Beds ⋅ 4 Baths ⋅ X12811134 MLS

This property, known as Creekside Lofts, is adjacent to Poole Creek; it consists of one legal duplex rented out for medium term rentals (30 days or longer up to 180 days). Perfect for an investor or a sitting owner who wants to live in one unit and rent out the other. Alternatively, the property would be ideal for a multi-generational family or co-operative housing. Each furnished unit consists of three bedrooms and two baths. They typically rent as MTR (medium term rentals) for $3,500 per month per unit. Total potential revenue from existing duplex is $7,000 monthly ($84,000/year gross). The lot is exceptionally deep, and pie-shaped. Depth ranges from 145.7 to 164.4 feet. Zoning is R1D[2240]: Primarily single-detached dwelling plus the addition of a secondary dwelling units. As of 2025-2026, many R1 zones are transitioning to new "N-series" (Neighbourhood) zones that allow up to 4 units per lot. Subject property is close to services, transit and jobs, 7-mins from the Canadian Tire Centre and there is a natural area behind the properties bordering Poole Creek which provides noise reduction, privacy and beauty. High Ranch construction means lower-level units is only 1/2 level down, has 8-foot ceiling height and large windows, good daylighting. Each unit is about 1,350 square feet, with separate ingress/egress. Total developed floor space of approximately 2,700 sq ft.

35 Cloverloft Court, Stittsville - Munster - Richmond

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