Centretown-Byward Apartment Buildings for Sale

Multifamily in Centretown-Byward available for sale

Centretown-Byward Apartment Building for Sale

186 James St

Ottawa, ON K1R 5M7

Multifamily for Sale
$3,195,000 CAD
10,000 SF

Air Conditioning

Ottawa Multifamily for Sale - Centretown-Byward

Discover a beautifully restored, fully rented, 11-unit multi-family building ideally situated in the heart of Ottawa. This fully modernized property presents a turn-key investment with strong tenant appeal and minimal ongoing capital requirements. Each suite showcases thoughtful design and durable finishes, blending heritage charm with modern functionality — a rare balance that ensures lasting desirability and consistent rental demand. In 2015, the building underwent significant upgrades, including a new boiler, a replaced roof, and the addition of air conditioning and a common laundry room. Two on-site parking spaces further enhance its appeal in this central urban setting. Positioned within walking distance of grocery stores, restaurants, nightlife, Chinatown, and the Elgin Street corridor — and minutes from Highway 417 — this property benefits from exceptional accessibility and strong location fundamentals. With its combination of historic character, quality upgrades, and steady income potential, 186 James Street represents a secure, long-term addition to any investor’s multi-residential portfolio.

Contact:

District Realty Corporation, Brokerage

Property Subtype:

Apartment

Date on Market:

2025-11-14

Hide

125 Somerset St W

Ottawa, ON K2P 1J3

Multifamily for Sale
$9,000,000 CAD
32,208 SF

Ottawa Multifamily for Sale - Centretown-Byward

125 Somerset Street West presents a rare opportunity to acquire a 30-unit multi-family property paired with 3 commercial units, strategically located in the heart of Centretown Ottawa. This asset offers the stability of residential income and the upside potential of retail frontage in one of the city’s most dynamic urban corridors. Positioned within walking distance of Parliament Hill, University of Ottawa, and Elgin Street’s amenities, the property benefits from constant tenant demand and foot traffic. Residents enjoy immediate access to transit, employment hubs, and lifestyle services — essentials that drive strong rental absorption and long-term value appreciation. The Golden Triangle in Centretown is Ottawa’s most established and densely populated urban neighbourhood, offering investors a walkable, amenity-rich location surrounded by government, tech, and institutional employers. With sustained population growth, high transit connectivity, and a renter-heavy demographic, Centretown delivers stable cash flow fundamentals and long-term capital upside — making it one of the city’s most resilient submarkets for multi-family and mixed-use investment.

Contact:

District Realty Corporation, Brokerage

Property Subtype:

Apartment

Date on Market:

2025-08-19

Hide

393 Nelson St

Ottawa, ON K1N 7S6

Multifamily for Sale
$6,795,000 CAD
8,029 SF

Ottawa Multifamily for Sale - Centretown-Byward

Located only a few blocks away from the University of Ottawa in Sandy Hill, this 18 unit building is ideally situated, and a short walking distance to major commercial and retail amenities, including the Rideau Centre and the Byward Market, along with convenient access to highway 417, multiple bus and transit routes. 3.5 storey building, solid brick exterior, andthe unit mix consists of 5 bachelor units, 1 one-bedroom apartment, 1 two-bedroom unit, and 11 three-bedroom units; with balconies on all the upper units. There are 4 coin-operated laundry machines, all with a card system, as well as a new fob and intercom system. All units were extensively renovated in 2015, with new kitchens, bathrooms, appliances, flooring, lighting,and feature large living rooms, well-proportioned bedrooms, hardwood flooring in the living rooms and bedrooms, ceramic flooring in the kitchens, large windows and high ceilings that provide bright and spacious-feeling apartments. Financials provided with an NDA.

Contact:

Synercapital Investment Realty

Property Subtype:

Apartment

Date on Market:

2025-12-01

Hide

Prime Investment

Mixed Types for Sale
$1,925,000 CAD
3 Properties | Mixed Types

Ottawa Portfolio of properties for Sale - Centretown-Byward

An exceptional opportunity to own a rare package of three properties that are sold together in one of Ottawa's most vibrant and high traffic neighbourhoods. 622 Somerset is a residential 4 plex, 628 is an ongoing retail business and 634 Somerset is an ongoing restaurant. Phase 2 environment in file, and a copy upon receiving an offer. Zoning is TM (Traditional Mainstreet) offering flexible mixed use potential. Total lot size is 11,440 SF. Prime site for future intensification. High pedestrian and vehicle traffic. Located in the heart of Chinatown, minutes to downtown and transit. Properties are sold as is. Whether you want to invest in passive income, run a business or redevelop down the road, this is your chance to secure a large urban footprint in a merging and diverse area.

Contact:

First Estate Realty Ltd

Property Subtype:

Mixed Types

Date on Market:

2025-07-18

Hide

279 St. Andrew St

Ottawa, ON K1N 5G8

Multifamily for Sale
$1,499,000 CAD
7,000 SF

Ottawa Multifamily for Sale - Centretown-Byward

This solid 6-unit property, located in a prime neighborhood within walking distance to Foreign Affairs, Parliament Hill, and Byward Market, offers an excellent investment opportunity. The building consists of five 1-bedroom units and one 3-bedroom unit. The listing price includes the adjacent land, presenting significant development potential for the future. The property is being sold in 'as-is, where-is' condition, making it an ideal option for investors or developers looking to capitalize on its prime location and potential for growth.

Contact:

Power Marketing Real Estate

Property Subtype:

Apartment

Date on Market:

2025-02-14

Hide

255 Fifth Ave

Ottawa, ON K1S 4B5

Multifamily for Sale
$2,450,000 CAD
5,000 SF

Ottawa Multifamily for Sale - Centretown-Byward

TURNKEY FOURPLEX + 5% CAP RATE + COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE!

Contact:

Re/Max Hallmark Realty Group

Property Subtype:

Apartment

Date on Market:

2025-09-11

Hide

1-6 of 6

Learn More About Investing in Apartment Buildings

Understanding Cap Rates in Commercial Real Estate

Calculating and Interpreting Cap Rates for Canadian Investors

Types of Commercial Leases: From Gross to Triple Net

Understanding the Different Lease Structures for Your Business Space

Commercial Real Estate Investing: Your Path to Market Success

Your guide to starting and thriving in Canadian commercial property investments

Apartment Building Investment: A Strategic Market Overview

Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio

How to Rent an Office for Your Business in Canada

Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space

Understanding Common Area Maintenance (CAM) Charges

Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions

How to Buy Land: From Raw to Ready for Development

Understanding Land Types and Purchase Requirements for Property Investment

REIT Investment Strategies: Building Real Estate Wealth

Understanding Investment Trusts and Creating Your Portfolio Strategy

Apartment Buildings for Sale in Centretown-Byward

View All Available Listings

How many apartment buildings are available for sale in Centretown-Byward?

There are currently 6 apartment buildings available for sale in Centretown-Byward, offering a unique opportunity for businesses to establish a presence.

Other Property Types