Ottawa, Ontario

$13M CMHC-insured 3.75% 40 year assumable Mortgage - A rare opportunity to acquire a purpose-built 40-unit building in the heart of Sandy Hill, within downtown Ottawa, delivering an impressive NOI of $715,980 and a major built-in value-add. Included with the offering is an approved, permit-ready addition directly beside the existing building, allowing for the development of 18 additional units, a future expansion opportunity exceptionally hard to find in today's market. All suites have been fully renovated since 2020, and along with the modernized finishes, unit layouts were thoughtfully optimized to improve livability and long-term rental performance. Previous ownership also completed substantial infrastructure upgrades, including hydro vault (2006), elevator rebuild to new (2010), roof (2012), lobby doors (2012), dual boilers (2014), and balcony updates (2015). These capital improvements significantly reduce near-term maintenance exposure while supporting premium furnished rents. The building offers a desirable mix of studio, one-bedroom, and two-bedroom suites, all fully furnished and with utilities included, attracting a strong and dependable tenant base of young professionals and students. Located along Laurier Avenue, the property benefits from unmatched proximity to downtown amenities, Ottawa University, government offices, and major transit corridors, making these units consistently easy to lease. This is a high-performing, centrally located multi-residential asset with a dynamic tenant pool, fully updated interiors, substantial capital improvements, and a shovel-ready expansion opportunity. (id:62854)

Ottawa, Ontario

This four-storey mixed-use building offers a rare opportunity to own your place of business in one of Ottawa's most walkable neighbourhoods. With up to two full floors of recently updated vacant office space, and two floors leased to national and local tenants, this asset combines stability and flexibility for owner-users or strategic investors. PROPERTY HIGHLIGHTS: 28,996 SF across 4 storeys with elevator access, Occupy 7,000SF to 14,500 SF potential vacancy across 3rd & 4th floors, Income-Producing Ground and Second Floors with Tim Hortons, Henry's Photo & others, 30 Surface Parking Spaces - extremely rare in Ottawa's core, Recent Upgrades: Elevator (2020), windows (2012), HVAC, and finishes, Easy access to Bank Street, the Queensway, and multiple transit lines, Prime Corner-lot exposure at Bank & Cooper with tremendous branding potential, Future-Proof - Zoned TM H(19): Supports residential conversion or mixed-use redevelopment. (id:62854)

Ottawa, Ontario

Welcome to an exceptional investment opportunity in one of downtown's most sought-after rental neighbourhoods, Lower Town. This impeccably maintained 26-unit building offers bright, spacious apartments, a strong and established tenant-base with consistent occupancy, strategic building upgrades, and valuable R5 H(18) F(2.0) zoning. Located prominently at the corner of Clarence Street East and Cobourg Street, 60 Cobourg Street comprises 22 apartment units in the main building, along with four townhouse-style units featuring private entrances on Clarence Street East. All 26 units were comprehensively upgraded in 2011, featuring a cohesive design with hardwood flooring and matching kitchens equipped with dishwashers, with the roof, windows, electrical and domestic plumbing also fully replaced in 2011. The common hallways are designed to blend the building's original character with an elevated, upscale aesthetic. Updated hallways feature fresh paint, LED lighting, and tasteful artwork, creating a warm and welcoming atmosphere for residents. The property is ideally situated just steps from the many amenities of Rideau Street, a short walk to the University of Ottawa campus, and directly serviced by public transit at the front door. MacDonald Gardens Park is located directly across the street, an ideal green space for tenants, further enhancing the appeal of the location.Thanks to its prime setting and meticulous upkeep, the property has historically re-rented easily and efficiently to qualified applicants, primarily young professionals; resulting in a consistently fully-tenanted rent roll. The unit-mix includes two bachelor units, seven one-bedroom units, six one-bedroom plus den units, ten two-bedroom units, and one three-bedroom unit. Additional features include three newer card-operated stackable laundry machines, providing tenants with the convenience of on-site laundry while generating reliable income for the owner. Attractive upside potential on current rent roll. (id:62854)

Russell, Ontario

This pristine, 2024-built 15,000 sq. ft. industrial facility offers a rare "two-in-one" design, providing unmatched versatility for investors or owner-users seeking a premium corporate headquarters with high-yield potential. Strategically located with immediate access to the 417 Highway, the property features two independent industrial wings, each paired with sophisticated two-storey office suites comprising a combined total of 13 private offices, two grand boardrooms, two spacious lunch/break rooms and modern staff amenities. The industrial components boast a 24ft clear height, reinforced by a robust 400amp/600V power supply and natural gas heating. Operational efficiency is at the forefront, with one side offering six 12'x10' grade-level doors and the other featuring three oversized 14'x12' bays, supplemented by loft storage and dedicated in-shop offices. Complete with expansive outdoor acreage for machinery, ample paved parking, and a polished professional aesthetic, this site is the definitive choice for logistics, manufacturing, or multi-tenant investment. (id:62854)

Ottawa, Ontario

Exceptional investment opportunity in a prime Ottawa location. This 30-unit building at 1216 Shillington Avenue features a strong unit mix: 1 bachelor, 28 one-bed units, and 1 two-bed unit. Ideally situated close to the Civic Hospital, major amenities, and with easy access to Highway 417, this property offers reliable rental performance and long-term growth potential. A rare chance to secure a high-demand multi-family asset in a central, sought-after area. 22 units have been renovated recently. 28 of 30 units are separately metered. Approximately 30 parking spaces. CA required to release financials. (id:62854)

Ottawa, Ontario

Presenting a rare and highly coveted urban infill development opportunity in the heart of one of Ottawa's most dynamic and rapidly evolving neighbourhoods. Located at 430, 438 (X12884478), and 444 (X12884476) Parkdale Avenue, this consolidated three-lot land assembly represents a premier canvas for forward-thinking developers and investors seeking to capitalize on Ottawa's intensifying urban core. Supported by a comprehensive Development Options Report prepared by Fotenn Planning + Design, this site offers a clear pathway for mid-rise residential redevelopment. Also available is the 8 Floor Concept Plan document also prepared by Fotenn. Situated just 120 metres from the vibrant Wellington Street West Transit Priority Corridor and strategically positioned along a major arterial route, this property perfectly aligns with the City of Ottawa's strategic vision for intensification and 15-minute neighbourhoods. With favorable Official Plan designations and draft future zoning that encourages increased density, this assembly is a secure and highly attractive addition to any visionary development portfolio. The site is within walking distance to the Heart Institute and the Civic Hospital. At a projected 8 floors this site would be an excellent location for a Seniors Residence or Apartment Complex. Note: Property Taxes are for Residential and Commercial components. (id:62854)

Ottawa, Ontario

Presenting a rare and highly coveted urban infill development opportunity in the heart of one of Ottawa's most dynamic and rapidly evolving neighbourhoods. Located at 430, 438, and 444 Parkdale Avenue, this consolidated three-lot land assembly represents a premier canvas for forward-thinking developers and investors seeking to capitalize on Ottawa's intensifying urban core. Supported by a comprehensive Development Options Report prepared by Fotenn Planning + Design, this site offers a clear pathway for mid-rise residential redevelopment. Also available is the 8 Floor Concept Plan document also prepared by Fotenn. Situated just 120 metres from the vibrant Wellington Street West Transit Priority Corridor and strategically positioned along a major arterial route, this property perfectly aligns with the City of Ottawa's strategic vision for intensification and 15-minute neighbourhoods. With favorable Official Plan designations and draft future zoning that encourages increased density, this assembly is a secure and highly attractive addition to any visionary development portfolio. The site is within walking distance to the Heart Institute and the Civic Hospital. At a projected 8 floors this site would be an excellent location for a Seniors Residence or Apartment Complex. Note: Property Taxes were done using the City of Ottawa Tax Estimator. (id:62854)

Ottawa, Ontario

Welcome to 360 Friel Street an exceptional turnkey investment opportunity featuring 16 residential units with separate hydro meters, comprised of 9 fully renovated and refurbished units, 7 newly constructed additional units (recently completed). Unit Breakdown: 1 Three-Bedroom Unit, 3 Two-Bedroom Units, 2 One-Bedroom Units, 10 Studio Units. All units are fully furnished and separately metered, offering operational efficiency, reduced utility risk, and strong tenant appeal. The seller is willing to lease all units, providing investors with a stabilized, income-producing asset from day one. Income Overview Projected Residential Rental Income: $402,420.00, Parking Income: $1,800.00, Laundry Income: $3,780.00, Total Projected Gross Income:$408,000.00, Annually Projected 2026 Operating Expenses Vacancy (2%) - $8,084.00, Property Taxes (5.42%) - $21,484.00, Utilities (5.82%) - $23,064.00 (Heat, Water, Hydro) Repairs & Maintenance (4%) - $15,845.00, Property Management (3.96%) - $15,687.00, Property Insurance (6.85%) - $27,125.00Advertising (0.5%) - $1,981.00, Total Projected Operating Expenses: $113,270.00. Financial Summary - Gross Income: $408,000.00, Less Operating Expenses: $113,270.00, Estimated Net Operating Income (NOI): $294,690.00 annually. This newly completed, fully furnished multi-unit property presents a rare opportunity to acquire a modern, income-generating asset with strong projected returns and long-term growth potential. (id:62854)

Ottawa, Ontario

Prime Commercial Investment - 171-179 Montreal Road (Vanier)Well-maintained multi-tenant commercial building in the heart of Vanier. Features 5 leased business units, strong main-street exposure, and parking for approx. 10 vehicles. Solid, older structure with consistent upkeep. Located along an active commercial corridor close to shops, services, transit, and just minutes from downtown Ottawa and Parliament Hill. Excellent turnkey investment with reliable income and long-term potential. (id:62854)

Ottawa, Ontario

Well, maintain a solid 15-unit building, which includes 6-2 bedrooms, 8-1 bedrooms, and 1 bachelor apartment.. Many updates have been completed in most of the units in the last 9 years including bathrooms and kitchen. The roof was redone in 2016, All units are above ground with 8 covered parking and 4 surface parking spaces. in the Mortgage Details: CMCH 1st Mortgage / First National $1,637,000 Maturity: September 1,2026 at 2.47% Payments: P/I $7949 monthly (id:62854)

Perth, Ontario

On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $217,968 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion. (id:62854)

Ottawa, Ontario

Fantastic investment property in the heart of Sandy Hill. This purpose-built 7-unit has higher end finishes with all of the modern touches. Open-concept kitchen, living and dining rooms. LED pot lights and exposed ductwork. Quartz counters, modern tile and SS appliances in the kitchen. Each unit is self-contained with its own furnace, hydro meter, on-demand hot water tank, and 1-piece stacked washer/dryer. All units have central air, except Unit 7 on the lower level. Pictures of units were staged and prior to current tenants moving in. (id:62854)

Ottawa, Ontario

Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 more units(in the lower levels!), 3 buildings are side-by-side on 3 large lots offering you 12 x 2 bedroom apartments and 6 x 1 bedroom apartments. Rents are low but have potential for increasing. 15 min bus ride to the University of Ottawa and Parliament Hill! Each building was recently(2022) appraised for $1,500,000 each. ($4,500,000 for all 3 buildings). Call today! Please visit the REALTOR website for further information about this Listing. (id:62854)

North Glengarry, Ontario

Attention Investors!! Welcome to 73 and 75 Kenyon Street East in Alexandria, a rare opportunity to acquire two modern 8-unit buildings being sold together as a 16-unit multi-residential package. The buildings are located on two separately described parcels and share a common parking area, allowing them to be managed together efficiently under one ownership. Each building features spacious two-bedroom units with private exterior entrances and individual balconies or terraces, a highly desirable layout that appeals to today's tenants and minimizes common area maintenance. The units are bright, functional, and designed for long-term durability. Each suite is equipped with its own forced air natural gas furnace and electric hot water tank, with tenants paying all utilities and supplying their own appliances, with the exception of the over-the-range microwave, resulting in lower operating costs and reduced long-term maintenance for ownership. Constructed in 2018, these purpose-built buildings offer modern construction, energy efficiency, and low ongoing capital requirements. Located in the growing market of Alexandria, the property benefits from a stable local economy supported by agriculture, manufacturing, healthcare, education, retail, and transportation, with convenient access to surrounding communities. As tenancies turn over, there is potential for future rent increases, making this a compelling modern multi-residential investment with long-term upside. (id:62854)

Ottawa, Ontario

Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and steel -constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome. (id:62854)

Ottawa, Ontario

NEWER FOURPLEX + HIGH DEMAND LOCATION + GREAT CAP RATE ~ $232,200 income ~ expenses $37,935 ~ Net income $194,265 ~ extraordinary opportunity as this immaculate FOURPLEX is in a class of it's own ~ NEWLY BUILT in 2016 with meticulous care to create gorgeous modern living spaces + blend seamlessly into the heritage neighbourhood of Sandy Hill. ALL FOUR UNITS offer 2500 SQ FT. (approx), expansive balconies, 6 bedrooms each, 2 full bathrooms, in-unit laundry for each unit, red oak hardwood flooring, porcelain tile and hard maple kitchen cabinets. 4 washers, 4 dryers, 4 S/S dishwashers, 4 S/S fridges, 4 S/S stoves, 4 furnaces, 3 central air, HRV, 5 hydro meters included. 9 ft. ceilings in lower level apartment. Very easy building to self manage. Always fully rented out. COVETED LOCATION- nestled on a very quiet, tree-lined street, surrounded in green space, parks (including riverfront Strathcona Park) and unmatched access to boutique shops, fine dining, Ottawa U, embassies, government buildings, Parliament Hill, Rideau Centre, ByWard Market (markets & night-life), Rideau River, NCC pathways along the Ottawa River & more! Picture perfect curb appeal with reclaimed bricks and front balconies for each unit. INCOME & EXPENSE STATEMENT available upon request. Do not miss the chance to add this property to your real estate portfolio. Call today for a private viewing. (id:62854)

Merrickville-Wolford, Ontario

Up to 50,000 sq ft manufacturing plant/warehouse: an amazing multi-use building on 4.255 acres. Temporary or Household Storage, Recreation such as Pickle Ball, Tennis or even Golf. Distribution Centre and so many more uses. Solid concrete floors throughout with multiple exterior access points. 16 ft clear ceiling height with lighting throughout. Excellent electrical distribution throughout building. Propane radiant tube heating throughout. 4,000 sq ft of office space with washrooms, kitchen facilities and reception area available. SO many opportunities within 1 building. More than adequate parking (large paved lot spanning the front of the building. Access to building off of of Broadway Street. Great location: access to truck routes & proximity to a future rail spur. M1 zoning. Was a former manufacturing facility. (id:62854)

Brockville, Ontario

Exceptional investment opportunity in a newly developed subdivision by reputable builder Mackie Homes. This offering consists of two purpose built multiplex buildings, each containing four fully self contained residential units, for a total of eight units across two civic addresses. Each spacious unit ranges from approximately 1,330 to 1,458 square feet and is thoughtfully designed with separate entrances and modern layouts appealing to today's renters. Every property includes one main level unit and one lower level unit. Main level units benefit from exclusive access to a private garage along with one additional parking space, while lower level units each include a dedicated parking space. Situated in a highly desirable and rapidly growing area, these buildings offer strong rental appeal and long term investment potential. Several units are already tenanted, providing immediate income, while remaining units are currently being marketed with significant tenant interest. Built by Mackie Homes, known for quality craftsmanship and desirable community developments, these low maintenance properties present an excellent opportunity for investors seeking a turn key, income generating asset in a prime location. Ideal for those looking to secure a stable addition to their real estate portfolio with both immediate cash flow and long term appreciation potential. (id:62854)

Brockville, Ontario

Exceptional investment opportunity in a newly developed subdivision by reputable builder Mackie Homes. This offering consists of two purpose-built multiplex buildings, each containing four fully self-contained residential units, for a total of eight units across two civic addresses. Each spacious unit ranges from approximately 1,330 to 1,458 square feet and is thoughtfully designed with separate entrances and modern layouts appealing to today's renters. Every property includes one main level unit and one lower level unit. Main level units benefit from exclusive access to a private garage along with one additional parking space, while lower level units each include a dedicated parking space. Situated in a highly desirable and rapidly growing area, these buildings offer strong rental appeal and long-term investment potential. Several units are already tenanted, providing immediate income, while remaining units are currently being marketed with significant tenant interest. Built by Mackie Homes, known for quality craftsmanship and desirable community developments, these low-maintenance properties present an excellent opportunity for investors seeking a turn key, income generating asset in a prime location. Ideal for those looking to secure a stable addition to their real estate portfolio with both immediate cash flow and long-term appreciation potential. (id:62854)

Ottawa, Ontario

Turnkey, fully leased six unit in the heart of Westboro an exceptional, one of a kind investment opportunity in one of Ottawa's most desirable neighbourhoods. This property offers a maintenance-free exterior and showcases pride of ownership with high-quality materials and craftsmanship throughout. Thoughtfully designed with 9-foot ceilings, open riser staircases with sleek glass railings, and modern, open-concept layouts. Gourmet kitchens feature quartz countertops, stainless steel appliances, and ample cabinetry, while interiors are finished with wide plank hardwood and tile flooring. All units include air conditioning, in-unit laundry, private entrances, and spacious balconies equipped with natural gas BBQ hookups, providing a premium living experience for tenants. Ideally located within walking distance to shops, schools, transit, and some of Ottawa's top restaurants, this property consistently attracts high-quality tenants. Currently fully occupied with strong tenant profiles, including several longer-term leases already in place. A rare opportunity to acquire a low-maintenance, income-generating asset in a prime location with lasting rental appeal. (id:62854)

Ottawa, Ontario

Excellent retail plaza in the heart of growing Carp, both residential and commercial. Plaza offers a wonderful exposure on Main Street, long term tenants (LCBO, Pharmacy, Hair Salon, Pizza Restaurant & Bakery), nice size lot A SOLID COMMERCIAL INVESTMENT PROPERTY. This "Carp Mall" has 5 strong tenants including 2 franchises, and TENANTS HAVE BEEN THERE FOR YEARS WITH LEASES AND OPTIONS. THE PIECE OF LAND ATTACHED TO THE SOUTH HAS BEEN PURCHASED BY OWNER AND ADDED TO SUBJECT PROPERTY MAKING A TOTAL OF 38168 SQFT.; ROOM FOR EXPANSION OR ADDING A RESIDENTIAL PROPERTY, ZONING ALLOWS MANY USES; FACING RETIREMENT HOME BUILT 8 YEARS AGO.. Plenty of parking. (id:62854)

Russell, Ontario

Prime retail and mixed-use investment opportunity for investors and developers in one of Embrun's fastest-growing commercial corridors. This high-profile corner property offers outstanding visibility, access, and long-term redevelopment potential.The building features approximately 25,000 sq. ft. above grade plus a full basement, providing nearly 40,000 sq. ft. of total usable space. Zoned for mixed-use development with approved potential for up to five storeys, the property is well suited for redevelopment, expansion, or repositioning to maximize future value.The rear portion of the building offers 16-foot clear ceiling heights and a functional loading dock, ideal for retail, warehouse, or service-based operations. With 41 on-site parking spaces, strong street frontage, and heavy daytime traffic, the site benefits from excellent exposure and accessibility. Currently leased to 4 long term established tenants, the property provides immediate income with upside potential in a rapidly growing community-a rare and strategic opportunity in Embrun's core. Please do not approach tenants or staff. Exterior viewings are permitted; all interior showings must be scheduled through the listing agent during regular business hours. (id:62854)

Ottawa, Ontario

Brand new purpose-built triplex in a highly desirable neighborhood, designed for long-term rental income or owner-occupier with two rental suites. Modern construction, low-maintenance finishes, and thoughtful floorplans make this an ideal investment or multi-family home. Each unit is separately metered for hydro with independent HVAC and HRV equipment. This exceptional triplex offers a rare opportunity in one of the city's most sought-after neighborhoods. Ideally situated just steps from top-rated schools, convenient shopping, and a full range of amenities, it also provides easy access to the scenic canal-perfect for walking, cycling, and year-round recreation. (id:62854)

Ottawa, Ontario

Excellent Investment Opportunity in a High-Traffic Plaza! Discover a well-established 6 store plaza located in one of Ottawa's busiest and most visible location on McArthur Avenue. This great plaza generates an impressive gross income of $256,000 +HST , offering strong and consistent returns for the owner. This great property has a cap rate of approx. 5.0! Surrounded by many popular neighboring businesses like Toyota and Lexus dealer, the location benefits from continuous foot traffic, great exposure, and a loyal customer base. Whether you're an investor or an owner-operator, this is a rare chance to take over a thriving business in a vibrant commercial area with plenty of growth potential. Financials provided only after an NDA signed. Don't miss out on this solid, turnkey opportunity! Call today! (id:62854)