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!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
PRIME INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF VANIER! Discover the potential of 289 McArthur Avenue, a well-maintained, income-producing triplex offering exceptional versatility for investors, developers, and entrepreneurs. Fully leased with three long-term residential tenants, this property provides established rental income from day one. Formerly a dental office, the property offers a unique history and exciting possibilities for future use. Zoned Traditional Mainstreet (TM), it presents opportunities for residential, commercial, and mixed-use development, subject to municipal approvals. Maintain the existing triplex, enhance rental income through improvements, or explore redevelopment and intensification potential. Additional income is generated from two rented detached garages and coin-operated laundry facilities. Ideally situated along the McArthur Avenue corridor, just minutes from downtown Ottawa, public transit, shopping, restaurants, schools, parks, and the Rideau River pathways. With its established rental income, desirable urban location, and flexible zoning, this property offers both immediate investment value and exciting long-term potential. INVEST TODAY, DEVELOP TOMORROW - THE POSSIBILITIES ARE ENDLESS!More details
Welcome to 315 Lajoie Street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in Vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; Apt. 2 which is the main floor is rented for $1,266 plus hydro and Apt. 3 the upper floor is rented for $1,567.08 plus hydro. Currently parking and laundry are provided by the Landlord as part of the rent. 2025 expenses are: Taxes $67,138.69, Insurance $3,663.36, Gas $1,897.24, Enercare $1,200.00, Water and Sewer $2.068.00 and common hydro of $1,206.04 which leaves a net income of about $40,653.31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, Ottawa University and everything Ottawa has to offer. Why not make 315 Lajoie Street your next real estate investment. Showings Tues and Fri from 10-noon and 2-4 and Sat from 1-5 only with 24 hours notice.More details
An exceptional turn-key investment opportunity awaits at 703 Morgan Street, a versatile, high-yielding triplex designed to maximize cash flow and long-term equity growth. The property features two spacious, identical three-bedroom, one-bathroom layouts on the top and middle floors, complemented by a cozy one-bedroom, one-bathroom lower unit. With the middle unit currently vacant, buyers gain an immediate value-add strategy to set projected market rent, house-hack, or select their own premium tenant while enjoying steady income from established, month-to-month residents. Tenants pay their own hydro via separate electrical panels and outdoor meters updated in 2016, keeping landlord utility overhead remarkably low. Major mechanicals and structural components have been systematically upgraded for worry-free ownership, including a new roof (2018), replacement windows (2017), gas meter update (2014), and a newly paved driveway (2025). Capital expenditure worries are minimized with three fully owned water heaters-replaced in 2016, 2018, and 2023-and low common electrical costs covering exterior and stairwell lighting. The building is complete with shared tenant laundry and dedicated storage facilities, enhancing overall tenant retention and convenience. Positioned with strong existing revenue, reliable tenancy, and significant upside potential in the vacant unit, this well-maintained asset is a rock-solid addition to any real estate portfolio.More details
Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors.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
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
Welcome to 321 Mona Avenue! Invest with confidence in this well maintained and smartly renovated duplex, with partially complete basement in-law suite. Owner occupancy and constant attention to improvements apparent throughout. Main floor unit features recent kitchen, flooring, and bathroom updates, a versatile two+office or three bedroom layout, newer windows, and ductless mini split heat pump. Upper unit features a bright two bedroom layout with updated windows and mini split, full kitchen, and combo laundry. Two turn key apartments, easily rentable or comfortable for a multi-gen family or owner occupancy with supplemental income and potential third unit. Ample parking, tidy yard space, and large detached garage make this an easy choice for a variety of living situations. The location is also quiet, with minimal through traffic, nice neighbours, and in close proximity to a wide variety of amenities. Book your viewing today!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
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
Data was last updated November 4, 2026 at 06:15 AM (UTC)
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