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. (id:2493)More details
Discover an exceptional investment opportunity in the heart of the Glebe with this legal, fully turnkey, fully rented 5plex, essentially rebuilt from the ground up in 2017/2018. Featuring 2 spacious 2 bedroom units and 3 bright 1 bedroom units each equipped with in unit laundry. This property offers modern finishes, quality construction throughout, and strong tenant appeal. With stable long term tenants and annual rent increases already in place, the building provides reliable, steadily growing income. Ideally located just steps from shops, restaurants, parks, and the Canal, it sits in one of Ottawa's most sought after rental markets. A rare chance to own a premium, low maintenance investment property in an unbeatable location a true value for investors seeking dependable returns and long term growth.View featured sheets for more information. Unit 1, 3 are now vacant (currently looking for new tenants), Apt 4 new tenant as of end of June. New front deck has been built May 2026. (id:2493)More details
ATTENTION BUILDERS & INVESTORS - SHOVEL READY 9 UNIT DEVELOPMENT Vanier, Ottawa. 220 McArthur Avenue represents a rare opportunity to acquire a fully entitled, shovel ready development site in one of Ottawa's fastest intensifying urban corridors. Ideally positioned steps from Vanier Parkway and McArthur Avenue, the site benefits from excellent transit connectivity, proximity to downtown, and strong longterm rental fundamentals. The property is offered at $1.6M as land with approvals, featuring a demolition permit issued and fully approved architectural plans for a 9 unit residential building. All utilities have been fully disconnected, allowing for an immediate and efficient start to redevelopment. Estimated Project Economics (Upon Completion) Approximate Gross Monthly Rental Income: $20,600, Approximate Gross Annual Rental Income: $247,200, Estimated Stabilized Net Operating Income (NOI): ~$181,764 Capitalization Rate Applied: 5.50% Estimated Stabilized Value: ~$3.3M. A future value appraisal has been completed by an AACI designated appraiser, with valuation conclusions based on the above stabilized income assumptions, subject to construction in accordance with the approved plans. Preliminary construction cost guidance suggests approximately $1.8M, subject to final contractor pricing, scope confirmation, and purchaser due diligence. To obtain the final release of approved plans from the City, a known and fully disclosed municipal payment of approximately $95,000 remains outstanding.The project is eligible for CMHC MLI Select financing, offering the potential for below prime interest rates and amortization periods of up to 50 years, significantly enhancing leverage, cash flow, and long term return potential, subject to CMHC and lender approval. NDA required prior to the release of architectural drawings, appraisal materials, supporting documentation, or the scheduling of site visits (id:2493)More details
Welcome to 875A & 875B Contour Street, an exceptional modern double side by side property in the highly desirable Trailsedge community of Orléans. Completed in 2023, this newly custom-built side-by-side residence offers a rare opportunity for homeowners and investors alike, ideal for living in one unit while generating rental income from the other, or as a turnkey investment property with strong revenue already in place. Offering over 5,000 sq. ft. of finished living space across two spacious units, each side features 4 bedrooms, 4 bathrooms including many desired upgrades, elegant ensuites, fully finished basements, and attached finished garages. Designed with upscale modern living in mind, both units showcase open-concept layouts with 9-foot ceilings, quartz countertops, oversized kitchen islands, gas fireplaces, and bright, inviting living spaces. The luxurious primary suites include walk-in closets, spa inspired ensuites with a Juliet balcony , and access to private backyard areas. Currently fully tenanted, the property generates approximately $5,750 monthly in rental income, with tenants responsible for all utilities, keeping operating costs exceptionally low. An added highlight is the potential for future severance (pre-approved by City of Ottawa), offering excellent long term flexibility and investment value. Located near parks, schools, shopping, transit, and recreational amenities, this is a truly outstanding opportunity combining luxury, lifestyle, and income potential in one of Orléans' most sought-after neighbourhoods. (id:2493)More details
TURN KEY Investment property in Sandy Hill! Each unit has been taken back to the studs & completely renovated while keeping the rare heritage touches. Gorgeous brick accent walls, magazine worthy kitchen renovations, in-suite laundry & dishwashers in all units- quality & style united! No detail was overlooked & No expense was spared. current NOI of $68,948. 3 parking spots for your tenants or for future extra income. Beyond the stylish interior, the exterior is also completely updated using high quality materials & finishes. Each unit was restored to current ESA & OBC codes. City of Ottawa Building permit & ESA permit available. Ideally located for urban professionals, students, or those who seek the lifestyle of being able to walk everywhere. See attached Information Sheet for property details and financials. (id:2493)More details
Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa's most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $98,611 approx, delivering an estimated NOI of $70,205 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow. (id:2493)More details
Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it! (id:2493)More details
The Glebe: Resilient. Walkable. Profitable. This classic century triplex at 60 Clarey Avenue sits in the ultimate sweet spot of the Glebe, just steps from Lansdowne and Bank Street. Anchor yourself in Ottawa's most in-demand neighbourhood with a strategy to bypass old rent rolls and set market rates immediately. The main floor 1-bed unit is vacant by the end of March. The upper unit, extensively renovated in 2017, is a 2-bed + loft den with sky light with a large South-facing deck available June 1st. The lower 1-bed unit features a separate rear walkout, new egress window, and dedicated parking, providing steady cash flow. Features: a new two-tier deck, 3 hydro meters, 3 parking spots, and new 2024 HWTs. With a high Walk Score and unbeatable transit, this isn't just a property; it's a defensible asset in a location that consistently outperforms. Build equity where it counts. (id:2493)More details
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. (id:2493)More details
Well-maintained triplex offering strong rental income in a convenient location just minutes to downtown. Excellent access to transit, shopping, parks, and everyday amenities make it an appealing location for tenants. This property features three spacious units, each offering 2 bedrooms and 1 bathroom. Unit 1 (main floor) currently pays $2200/month. Unit 2 (upper level) is vacant - set your rent! Unit 3 (lower level) is currently paying $1900/month. Many improvements have been made to the property: basement fully renovated (2025); roof (2023); windows (2015); furnace (2023); exterior paint (2023) and driveway asphalt redone (2023). Information Sheet attached with additional details. Favourable zoning allows for the potential construction of a coach house in the rear yard, providing an opportunity for additional living space, a guest suite, or an income-generating unit (buyer to perform their own due diligence). (id:2493)More details
Attention Developers/Builders opportunity knocks just a short block to the Canal and Echo Drive. Lot available to develop with approximately 3100 sqft, 46 ft frontage and 66 ft depth. Prime location with many newly developed luxury townhouses, condo projects & new single homes. Zoning R4UD allows for multiple uses. On file, a property report completed by Fotenn Planning and Design with proposals to develop the property into a low-rise 3 story+ basement apartment building with 8+ units or build 2 luxury semi-detached properties with permitted Secondary dwelling Units for each. Unbeatable location and area the city has designated for intensification. Minutes to Ottawa University, LRT stations, highway, downtown, Rideau Centre and Main Street to name a few. No access to the building and sold in As-Is condition. This lot awaits the right developer/builder to bring its full potential to reality! (id:2493)More details
Welcome to 3874 Champlain Street. 6.8% CAP! This well-maintained 7-UNIT multi-residential property on 0.648 acres of land offers a strong investment opportunity with stable income and long-term potential and is offered at only $117,000/unit. The building consists of six (6) 2-bedroom units and one (1) 3-bedroom unit, all currently tenanted. Extensive updates have been completed, including a new roof (2023) and siding, updated plumbing and electrical systems, upgraded septic system (2012), and the installation of a new boiler along with tankless hot water systems. The property features a large timber frame foundation and operates on a single hydro meter. Gas & water one meter. Six (6) storage lockers are included for tenant use. This offering presents a solid income-generating asset and is well-suited for investors seeking a turnkey, fully leased multi-unit property. Opportunity exists to increase revenues and further enhance returns through rental optimization! (id:2493)More details
Data was last updated June 12, 2026 at 03:15 PM (UTC)
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