Multifamily in Gatineau available for sale
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Apartment Buildings for Sale in Gatineau

Gatineau Apartment Building for Sale

More details for 455 Somerset St W, Ottawa, ON - Multifamily for Sale

455 Somerset St W

Ottawa, ON K1R 5J7

  • Multifamily for Sale
  • $2,240,000 CAD
  • 5,500 SF

Ottawa Multifamily for Sale - Centretown-Byward

An exceptional investment opportunity awaits at 455-457 Somerset Street W, a turnkey six-unit multifamily property in the heart of Ottawa’s vibrant Centretown. This well-maintained asset generates a strong $125,496.90 NOI and trades at an attractive 5.60% cap rate, offering stable in-place cash flow with clear upside. One strategically vacant unit is positioned for renovation, offering immediate value-add potential and the ability to increase rents to market levels. Spacious, thoughtfully designed layouts across all six suites promote long-term tenant satisfaction and retention, while on-site parking provides additional revenue. The offering combines durability, income stability, and a defined pathway to enhanced returns. Located in Ottawa’s downtown core near Kent Street and just steps from Parliament Hill, the asset benefits from premier urban connectivity and infrastructure. Within 2 kilometres of Ottawa City Hall and the House of Commons of Canada, the building sits at the centre of Canada’s public-service employment base. Proximity to the University of Ottawa further strengthens rental demand from students and young professionals. Somerset Street offers immediate access to local restaurants, cafés, daily retail, and public transit, reinforcing consistent demand. The surrounding area serves more than 267,000 residents within a 5-kilometre radius, with projected population growth of 16% by 2033 and an average household income of approximately $97,000. Centretown continues to rank among Ottawa’s most resilient rental nodes, supported by a diverse tenant base that includes government employees, technology professionals, and international students. A large and stable public sector workforce reduces cyclical risk, while ongoing expansion from employers such as Nokia, Solink, Accenture, and Calian Group reinforces long-term job growth and housing absorption. Infrastructure investment and a growing technology ecosystem continue to elevate Ottawa’s profile as a stable capital market. 455-457 Somerset Street W delivers the rare combination of immediate income, upside, and premier downtown positioning.

Contact:

SLEEPWELL REALTY GROUP LTD

Property Subtype:

Apartment

Date on Market:

2026-02-23

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More details for 75 Rue Principale, Gatineau, QC - Multifamily for Sale

Carré British Square - 75 Rue Principale

Gatineau, QC J9H 0L9

  • Multifamily for Sale
  • Price Upon Request
  • 93,467 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Fitness Center
  • Controlled Access
  • Roof Terrace

Gatineau Multifamily for Sale

Savills is pleased to present an exceptional opportunity to acquire 75 Principale Street, a recently constructed multi-residential property located in the heart of the Aylmer district in Gatineau, the fourth-largest city in Québec and adjacent to Ottawa. The property offers investors a stable income stream. The property benefits from a highly sought-after location along Principale Street, in the western sector of the city. This vibrant commercial corridor is recognized for its strong visibility, historic character, proximity to neighbourhood services, restaurants, and public transit, as well as nearby riverfront parks along the Ottawa River. This desirable location, combined with proximity to the national capital, supports residential leasing demand, contributing to the long-term stability and resilience of the asset. The multi-residential building at 75 Principale Street, constructed in 2022, comprises a total of 85 residential units spread over five storeys, along with select ground-floor commercial spaces. The steel-and-concrete structure offers superior soundproofing and energy efficiency and includes an indoor parking garage with 84 spaces. The contemporary, climate-controlled suites feature private balconies or terraces, a full suite of modern appliances, and a range of additional amenities. 75 Principale Street represents a rare opportunity to acquire a high-quality asset requiring no short- to medium-term capital investment, located in one of Gatineau’s most sought-after sectors. Opportunity to acquire commercial buildings on same parcel, consisting of income producing hotel and commercial spaces.

Contact:

Savills

Property Subtype:

Apartment

Date on Market:

2026-07-20

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More details for 101 Queen Street & 108-116 Sparks Street – for Sale, Ottawa, ON

101 Queen Street & 108-116 Sparks Street

  • Mixed Types for Sale
  • Price Upon Request
  • 3 Properties | Mixed Types
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More details for QUADRILATÈRE SAINT-JOSEPH À VENDRE – for Sale, Gatineau, QC

QUADRILATÈRE SAINT-JOSEPH À VENDRE

  • Mixed Types for Sale
  • $6,700,000 CAD
  • 4 Properties | Mixed Types
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More details for 138 Rue Laval, Gatineau, QC - Multifamily for Sale

138 Rue Laval

Gatineau, QC J8X 3H8

  • Multifamily for Sale
  • $1,499,000 CAD
  • 2,806 SF
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Apartment Buildings for Sale in Gatineau

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How many apartment buildings are available for sale in Gatineau?
There are currently 6 apartment buildings available for sale in Gatineau, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Gatineau?
The average size of apartment buildings available for sale in Gatineau is about 74,866 SF. The largest apartment buildings available to buy is 331,416 SF and the smallest is 2,626 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in Gatineau?
The average market cap rate for apartment buildings for sale is about 6.67% based on data provided in Gatineau. Learn more about how cap rates are calculated.