Exceptional investment opportunity in the heart of Vanier. This fully renovated and newly expanded 6-unit residential income property was purpose-engineered to qualify for the CMHC MLI Select Program - one of the most powerful financing tools available to Canadian real estate investors today. MLI Select requires superior building quality, advanced energy systems, and measurable performance well beyond standard code. 216 McArthur delivers: energy consumption reduced by 42.7% and GHG emissions down 67.6%versus baseline, securing 40-year amortization and up to 95% LTV financing - a structural cash flow advantage built directly into the asset. Originally a 1970s triplex, the property was transformed into a modern 6-suite building through a full retrofit of the existing structure and a high-quality rear addition. Every suite features its own individual air-source heat pump, energy recovery ventilator (ERV), and electric hot water system - tenants pay their own utilities, keeping landlord operating costs lean and predictable. The building is equipped with a high-tech intercom and remote entry system, individual key fob access per unit, a building-wide security system, and exterior surveillance cameras - low-maintenance, high-tech, and purpose-built for hands-off management. Currently generating $12,800/month ($153,600/year) in gross rental income across six fully tenanted units. Don't miss this rare turnkey asset with institutional-grade financing already locked in. Contact listing agent for full financials and showing details.More details
Prime Investment Opportunity in Ottawa Turnkey 5-Plex with Excellent Returns: Welcome to 309 Cyr Avenue, an exceptional chance to secure a fully tenanted, income-producing 5-unit property in a desirable Ottawa neighbourhood. Whether you're an experienced investor or looking to grow your portfolio, this asset delivers reliable cash flow today with strong upside potential. This well-maintained 5-plex offers a versatile mix of spacious, updated units occupied by quality tenants. The exterior has been recently renovated, boosting curb appeal and minimizing capital expenditures in the years ahead. Inside, with room to further enhance rents and maximize income, this property has much upside potential. With steady income in place and under-market rents, this property is perfectly positioned for a new owner to unlock additional value through strategic updates and rental increases over time. Key Features: Five fully rented units with strong tenancy history; Newly renovated exterior low maintenance for years to come; Excellent location close to schools, transit, shopping, and Ottawas downtown core;; Opportunity to increase revenues and build long-term equity This is your chance to acquire a turnkey multi-unit property in one of Ottawas most robust rental markets. Properties of this calibre and income potential rarely become available. Don't wait, schedule your private tour today and see everything 309 Cyr Avenue has to offer! Contact the listing agent for full financial statements, rent rolls, and to arrange a confidential viewing.More details
This is the one! The N3B zoning on this rarely offered double lot offers many great redevelopment possibilities, like 3-storey housing for townhouses, semis or even small apartments. Situated within walking distance to all major amenities and close to two major bus routes, this location offers ample opportunities for the savvy investor. Call today for more information!More details
Exceptional Investment & Redevelopment Opportunity - TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property's Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you're seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa's established and evolving urban neighbourhoods.More details
Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you're an experienced investor or looking to add a quality income property to your portfolio, 734 De L'Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood.More details
Great investment opportunity in the heart of Vanier! This well-located triplex is zoned R4E, offering excellent potential for investors seeking strong cash flow and future development possibilities. Situated on a quiet side street just steps from Montreal Road, with convenient access to shops, grocery stores, restaurants, public transit, schools, and parks.The property features three levels: the main floor offers a foyer, living room, dining room, 2 bedrooms plus a den,1 bathroom and laundry. The upper unit includes a foyer, living room, kitchen, 2 bedrooms,1 bathroom and laundry and the basement unit consists of 1 bedroom and 1 bathroom. The basement requires renovations but presents strong potential for additional income once completed.Set on a large lot with a private driveway accommodating up to 6 vehicles, this property is ideal for investors or renovators looking to add value in a highly accessible, in-demand location. Property being sold "as is". The seller makes no representations or warranties.More details
Rare investment opportunity in one of Ottawa's rapidly evolving urban corridors. Strategically positioned along Montreal Road's revitalized Mainstreet corridor, this severable MS1-zoned property offers exceptional flexibility for investors, business owners, and developers alike. The property features a two-storey home with 3 bedrooms and 1.5 bathrooms. The main floor offers a bright, open concept kitchen and dining area, a spacious adjacent living room and a substantial detached garage and workshop; providing immediate utility while preserving significant future potential. The severable lot creates an opportunity to unlock additional value through future development, making this an attractive option for those seeking both current income potential and long-term growth. The flexible MS1 zoning permits a wide range of uses, including office, retail, restaurant, medical, personal service, and mixed-use development opportunities. Whether you're looking to establish a business, expand your investment portfolio, generate rental income, or capitalize on future redevelopment potential, this property offers the versatility to support a variety of objectives. Located just minutes from downtown Ottawa and surrounded by ongoing revitalization, new development, public transit, and everyday amenities, this property is ideally positioned to benefit from the continued transformation of this vibrant and growing community. Some photos are virtually edited.More details
Beautifully modernized and upgraded detached home on a large corner lot offering plenty of curb appeal and versatility! Bright and airy main floor with renovated kitchen (2024) offering plenty of counter and cupboard space, combined living/dining room, updated main bathroom (2025) with glass shower plus main floor bedroom; use as the primary bedroom or as a playroom/den/work from home office. Upstairs offers two more spacious bedrooms and a (rare for this model) powder room ensuite! The lower level is currently set up as an in-law suite with both access from the main house or a completely separate entrance with a cozy living/dining area, second kitchen, bedroom and full bathroom; great for multi-generational living, teens or potential rental income. The fully fenced private backyard is built for entertaining; a retreat in the middle of the city! Oversized storage shed and driveway parking for four. Complete peace of mind that the big ticket items are taken care of, new windows (2023) shingles (2020) furnace (2019), AC (2020) owned hot water tank (2019). Easy access to transit/LRT and Hwy 417 for your commute, restaurants, shopping, local schools, community centres and parks. Just unpack and enjoy!More details
Exceptional Opportunity for Investors, Multi-Generational Families, or Owner-Occupants! This formerly triplex property offers a rare chance to secure immediate vacant possession, set market rents, and choose your own tenants. Ideal for investors, extended families, or buyers seeking long-term upside, income potential, and future redevelopment opportunities. Located on a 47' x 113' lot and zoned R4, the property provides strong development and value-add potential in a highly desirable Ottawa location. The layout includes a 3-bedroom upper unit, a 2-bedroom main floor unit, and a 1-bedroom basement unit, all finished with carpet-free flooring for durability and low maintenance. Built in 1956 and lovingly held as a family home since April 1965, the property combines solid construction with timeless character. It is ready to be enjoyed as-is or thoughtfully modernized to suit your vision. A standout feature is the abundant storage throughout, offering rare and practical functionality across all levels. The basement unit provides added income potential and flexibility, making it well-suited for multi-generational living or investors aiming to maximize returns. An attached garage offers versatile space, ideal for storage or a very small vehicle. Conveniently located just minutes from downtown Ottawa, the property benefits from strong rental demand with close proximity to transit, parks, schools, and amenities. Recent updates include PVC windows and a newer roof, helping reduce near-term maintenance costs. Three hydro meters are already in place for efficient utility management. With vacant possession, strong location fundamentals, and multiple future pathways, this property presents a compelling combination of immediate income potential, long-term appreciation, and redevelopment opportunity in one complete package.More details
Welcome to 193 Gladu Street, a charming duplex in Ottawa. This unique property functions as a single-family home with a self-contained one-bedroom, one-bathroom unit at the rear - perfect for extended family, guests, or rental income. The main residence is warm and welcoming, with a wide-open and bright main floor that flows beautifully from living to dining to kitchen. Anchored by a modern island, the kitchen offers plenty of workspace, storage, and natural light - ideal for both everyday living and entertaining. Upstairs, the second-floor bedroom features a cheater ensuite access to a fully renovated bathroom with a sleek glass stand-up shower. The top level includes two more spacious bedrooms and a second full bathroom, also fully updated with contemporary finishes. The rear unit has its own private entrance and offers a well-designed one-bedroom layout with a full bathroom and open living space - an excellent option for added flexibility or passive income. A detached garage adds extra convenience, and the location is hard to beat - close to parks, transit, shopping, and downtown Ottawa. Whether you're looking for a multi-generational home, an investment opportunity, or a home with income potential, 193 Gladu Street delivers on all fronts. Front unit Gross monthly income: $2,550. Rear unit Gross monthly income: $1,575. Gross annual income: $49,500. OpEx: $8,938.66More details
ATTENTION DEVELOPERS AND CONTRACTORS...Prime Development Opportunity - R4UA -Zoned Lot in a High-Demand Area!Exceptional opportunity to acquire a well-located parcel of land, 65ft x 100ft, permitting up to 4 storeys and 8 residential units-ideal for small-scale multi-residential development. This site is perfectly situated within walking distance to major transit routes, making commuting easy and appealing for future residents.Enjoy proximity to shopping centers, restaurants, schools, parks, and a full range of urban amenities, all within walking distance. With demand for infill and intensification on the rise, this lot offers great potential for builders, developers, or investors looking to capitalize on the area's growth.Don't miss this rare infill opportunity in a thriving, well-connected neighborhood! SELLING FOR LAND VALUE ONLY!!More details
ATTENTION DEVELOPERS AND CONTRACTORS...Prime Development Opportunity - R4UA-Zoned Lot in a High-Demand Area!Exceptional opportunity to acquire a well-located parcel of land, 65ft x 100ft, zoned R4UA, permitting up to 4 storeys and 8 residential units-ideal for small-scale multi-residential development. This site is perfectly situated within walking distance to major transit routes, making commuting easy and appealing for future residents.Enjoy proximity to shopping centers, restaurants, schools, parks, and a full range of urban amenities, all within walking distance. With demand for infill and intensification on the rise, this lot offers great potential for builders, developers, or investors looking to capitalize on the area's growth.Don't miss this rare infill opportunity in a thriving, well-connected neighborhood! SELLING FOR LAND VALUE ONLY!!More details
Data was last updated August 5, 2026 at 05:15 PM (UTC)
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