J8Z Apartment Buildings for Sale

Apartment Buildings for Sale Within 10 kilometers of J8Z

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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156 Dagmar Av

Vanier, ON K1L 5T2

Multifamily for Sale
$1,649,900 CAD
4,000 SF

Vanier Multifamily for Sale - East Central

Prime Investment Opportunity: 6-Unit Multi-Residential Building. Located just a few blocks from vibrant Beechwood Avenue, this well-maintained 6-unit property presents a strong investment opportunity. Each unit offers one bedroom and one bathroom, with consistent updates and maintenance carried out over the years. Key features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Financial highlights: Gross rental income: $115,320, Operating expenses: $22,649, Net Operating Income (NOI): $92,671. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. This property offers excellent cash flow with upside potential. Full investor package is available.

Contact:

Sutton Group - Ottawa Realty

Property Subtype:

Apartment

Date on Market:

2025-10-21

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69-71 Donald St

Ottawa, ON K1K 1N3

Multifamily for Sale
$2,750,000 CAD
10,000 SF

Ottawa Multifamily for Sale - East Central

Prime Triplex Space in Ottawa. Property is owner occupied. Zoning changes incoming to Ottawa to open up property to various other options. One of largest triplexes in Ottawa and Ontario. Basement is unfinished but roughed and framed to add another 1-2 units to be converted to 4Plex/5Plex Owner is the builder. Building is incredibly well built with premium materials.

Contact:

REAL BROKER ONTARIO LTD

Property Subtype:

Apartment

Date on Market:

2025-09-18

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9 Gwynne Av

Ottawa, ON K1Y 1X1

Multifamily for Sale
$1,399,900 CAD
2,000 SF

24 Hour Access
Controlled Access
Kitchen
Smoke Detector

Ottawa Multifamily for Sale - Tunney's Pasture

UNDER CONSTRUCTION 7 is one side only - separate duplexes- Charming brownstone-inspired design investment property in the heart of the Civic Hospital neighbourhood, perfectly positioned for steady rental demand from medical staff, students and urban professionals. This two-unit building features a generous 3-bedroom, 3-floor duplex (Unit 1) plus a bright 1-bed/1bath apartment (Unit 2). Expected 3.8% cap rate; tenants pay all utilities. Property highlights: Unit 1: Three bedrooms spread over three floors bright, townhouse-style layout with classic brownstone curb appeal Unit 2: One bedroom, one bathroom efficient and easy to lease Attractive façade and modern interior finishes (brownstone-modelled design)Tenants responsible for all utilities simplifies owner expenses and management Ideal investment for doctors, nurses or investors seeking close proximity to healthcare employment Neighbourhood & lifestyle: In the Civic Hospital area steps to The Ottawa Hospital (Civic campus) and rapid access to transit Short walk to Little Italy: excellent cafés, authentic Italian restaurants and specialty grocers for memorable dining and shopping Scenic walks along the Rideau Canal and around Dows Lake spectacular tulip displays each spring and beautiful water views year-round Central Experimental Farm and its botanical gardens: peaceful walking paths and seasonal displays right nearby Enjoy skating on the 7.8 km Rideau Canal Skate way in winter and lively outdoor recreation in warmer months Investment notes: Expected cap rate: 3.8% (prospective buyers should verify figures and review income/expense statements)Strong tenant pool due to proximity to hospitals, research and schools For full financials, floor plans and to schedule a showing, contact the listing agent. This is a rare opportunity to own a stylish, income-producing property in one of the city's most desirable, walkable neighbourhoods. (Under construction, expected completion November 30th, 2025) Raised basement apartment 602 sqft. Simi-detached

Contact:

Royal Lepage Integrity Realty

Property Subtype:

Apartment

Date on Market:

2025-09-15

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202 Rochester St

Ottawa, ON K1R 7M6

Multifamily for Sale
$1,649,000 CAD
6,063 SF

Ottawa Multifamily for Sale - Tunney's Pasture

INVESTOR ALERT - 5.5% CAP RATE IN LITTLE ITALY.Exceptional opportunity to acquire a 6-unit multi-residential asset in one of Ottawa's most supply-constrained and high-demand rental markets. This property offers a strong and versatile unit mix of three 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit, delivering immediate income with long-term upside. Current cap rate of approximately 5.5% provides a compelling return in a premium urban location. Two units feature large private decks, a rare value-add in central Ottawa that supports tenant retention and potential rental premiums. A rear parking lot further enhances tenant demand and income stability. Numerous updates and renovations have already been completed, reducing near-term capital expenditures, while remaining cosmetic improvements present a clear opportunity to further increase rents and overall asset value. Each unit offers functional layouts with generous living spaces, appealing to a broad tenant base including professionals, families, and students. The location drives consistent occupancy, situated steps from Preston Street's vibrant restaurant and retail corridor, and minutes to Dow's Lake, the Arboretum, Carleton University, the O-Train, and major downtown employment hubs. This is a rare chance to secure a 6-plex in Little Italy at a 5.5% cap rate-a combination of yield, location, and upside that is increasingly difficult to find. Ideal for investors seeking strong cash flow, future rent growth, and long-term appreciation. Act quickly. Some images have been virtually staged to protect tenant privacy.

Contact:

Royal Lepage Integrity Realty

Property Subtype:

Apartment

Date on Market:

2025-09-15

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More details for 595 Byron Av, Ottawa, ON - Multifamily for Sale

Westboro Station - 595 Byron Av

Ottawa, ON K2A 4C4

Office for Sale
$1,795,000 CAD
3,600 SF
1 Unit Available

Security System
Controlled Access
Kitchen
Roof Terrace

Ottawa Multifamily for Sale - West Central

Space will be available for vacant possession on or before November 1, 2025. Both ground floor / street access off of Byron Ave., as well as building access off of Golden Ave., for elevator / handicap access and to the underground parking. Although there are two separately legal descriptions, such that the two parcels could technically be conveyed separately, the two properties are physically connected and are governed by a single occupancy permit. In Ottawa, the TM zoning designation, which is the "Traditional Mainstreet, Urban Exception 83," is a zoning zone that allows for a variety of uses, including commercial and residential, while also permitting specific additional uses defined in the urban exception. This zoning zone permits a wide range of uses, including retail, office, and residential, and the "Urban Exception 83" adds specific allowed uses, which can be obtained from the City of Ottawa. The owner would also consider leasing the unit at $23.00 per sq. ft. triple net. Condominium Fees also include gas and water. Heating System is actually Forced Air (Hydronic), not electric.

Contact:

CDN Global (Ottawa) Ltd., Brokerage

Property Subtype:

Apartment

Date on Market:

2025-06-04

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101 Queen Street & 108-116 Sparks Street

Mixed Types for Sale
Price Upon Request
3 Properties | Mixed Types

Ottawa Portfolio of properties for Sale - CBD

TD Cornerstone Commercial Realty Inc. and Cushman & Wakefield Ottawa (collectively, the “Advisors”), have been retained on an exclusive basis by KSV Restructuring Inc. in its capacity as receiver and manager (the "Receiver") of the property, assets and undertaking of Ashcroft Urban Developments Inc. including its interest in the real property known municipally as 101 Queen Street and 108-116 Sparks Street, Ottawa, Ontario (the "Property" or "Offering"). The Offering is located within a recently completed, modern mixed-use development steps away from Parliament Hill in downtown Ottawa and offers investors the opportunity to acquire and operate an established extended stay hotel property or reposition as a luxury rental apartment building.