Multifamily in K1K available for sale
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Apartment Buildings for Sale near K1K

K1K Apartment Building for Sale

More details for 36 Ontario St, Ottawa, ON - Multifamily for Sale

36 Ontario Street - 36 Ontario St

Ottawa, ON K1K 1L2

  • Multifamily for Sale
  • $2,199,999 CAD
  • 6,764 SF
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More details for 644-656 De L'église Rue – Multifamily for Sale, Ottawa, ON

644-656 De L'église Rue

  • Multifamily for Sale
  • $3,800,000 CAD
  • 14,512 SF
  • 3 Multifamily Properties
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More details for 62 Columbus Av, Ottawa, ON - Multifamily for Sale

62 Columbus Av

Ottawa, ON K1K 1R3

  • Multifamily for Sale
  • $1,350,000 CAD
  • 5,861 SF
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Apartment Buildings for Sale Within 5 kilometers of K1K

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 245 Laurier Av E, Ottawa, ON - Multifamily for Sale

Laurier Apartments - 245 Laurier Av E

Ottawa, ON K1N 6P7

  • Multifamily for Sale
  • $3,150,000 CAD
  • 8,775 SF
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More details for 156 Dagmar Av, Vanier, ON - Multifamily for Sale

156 Dagmar Av

Vanier, ON K1L 5T2

  • Multifamily for Sale
  • $1,524,000 CAD
  • 4,000 SF
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More details for 25 Pickering Pl, Ottawa, ON - Multifamily for Sale

25 Pickering Place, Ottawa - 25 Pickering Pl

Ottawa, ON K1G 5P4

  • Multifamily for Sale
  • Price Upon Request
  • 194,264 SF
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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 102 Putman Av, Ottawa, ON - Multifamily for Sale

102 Putman Av

Ottawa, ON K1M 1Z6

  • Multifamily for Sale
  • $990,000 CAD
  • 3,500 SF
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More details for 1549 Maxime St, Gloucester, ON - Multifamily for Sale

1549 Maxime St

Gloucester, ON K1B 3K9

  • Multifamily for Sale
  • $2,148,888 CAD
  • 4,504 SF
  • Security System
  • 24 Hour Access
  • Controlled Access

Gloucester Multifamily for Sale - East Central

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $10,031 in monthly rental income (~$120,372 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside.

Contact:

REAL BROKER ONTARIO LTD

Property Subtype:

Apartment

Date on Market:

2026-06-01

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More details for 54 Centennial Blvd, Ottawa, ON - Multifamily for Sale

54 Centennial Blvd

Ottawa, ON K1S 0M9

  • Multifamily for Sale
  • $1,900,000 CAD
  • 6,738 SF
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Apartment Buildings for Sale in K1K

View All Available Listings
How many apartment buildings are available for sale in K1K?
There are currently 5 apartment buildings available for sale in K1K, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in K1K?
The average size of apartment buildings available for sale in Ottawa is about 11,232 SF. The largest apartment buildings available to buy is 14,512 SF and the smallest is 5,861 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 K1K?
The average market cap rate for apartment buildings for sale is about 5.67% based on data provided in K1K. Learn more about how cap rates are calculated.