K1H Apartment Buildings for Sale

Apartment Buildings for Sale Within 5 kilometers of K1H

455 Somerset St W

Ottawa, ON K1R 5J7

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

Ottawa Multifamily for Sale - Centretown-Byward

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $122,631.90, with a 5.47% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. Vacant unit rent assumed in listed NOI.

Contact:

SLEEPWELL REALTY GROUP LTD

Property Subtype:

Apartment

Date on Market:

2026-02-23

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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

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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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101 Queen Street & 108-116 Sparks Street

Mixed Types for Sale
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.

Contact:

Cushman & Wakefield Ottawa

Property Subtype:

Mixed Types

Date on Market:

2025-04-09

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360 Friel St

Ottawa, ON K1N 7W6

Multifamily for Sale
$5,995,000 CAD
4,800 SF

Air Conditioning
Controlled Access
Kitchen

Ottawa Multifamily for Sale - Centretown-Byward

This off-market investment opportunity at 360 Friel Street in Ottawa offers a 16-unit, 20-bed multifamily property located within walking distance of the University of Ottawa. The asset is fully furnished and all-inclusive, catering to a strong student and young professional rental market. With a Walk Score of 98, Transit Score of 87, and Bike Score of 99, the property provides exceptional accessibility to public transportation, cycling routes, and essential amenities. The building features modern security measures, including cameras, intercom, and digital locks, ensuring tenant safety and convenience. A new addition was recently completed in Fall 2025, enhancing the property’s overall appeal and functionality. Surrounded by restaurants, pubs, grocery stores, and lifestyle amenities, the location supports consistent rental demand and long-term occupancy stability. Financially, the property demonstrates strong performance with projected annual revenue of approximately $399,916 and a projected net income of $294,690, representing a healthy operating margin. The current unit mix includes bachelor, one-bedroom, two-bedroom, and three-bedroom layouts, offering flexibility for various tenant needs. This property represents a rare chance to acquire a stabilized, income-generating asset in a high-demand urban market with proximity to major educational and employment hubs.