Ottawa Apartment Buildings for Sale

Multifamily in Ottawa available for sale

Ottawa 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

Ottawa Multifamily for Sale - East Central

Luxury triplex for Sale with 100% occupancy with market rents. To be re-zoned to N4B Zoning which allows additional permitted uses Premium finishes with excellent construction materials and techniques Unit 1: 3 bedrooms, main-floor office, 3 full bathrooms, and exclusive rooftop access. Unit 2: 5 bedrooms plus den/office, 3.5 bathrooms, 3 separate entrances, and cold storage room. Unit 3: 4 bedrooms plus den, and 2.5 bathrooms

Contact:

REAL BROKER ONTARIO LTD

Property Subtype:

Multi Family

Date on Market:

2025-11-28

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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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156 Dagmar Av

Vanier, ON K1L 5T2

Multifamily for Sale
$1,699,900 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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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

Multifamily 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 -

Ottawa, ON

Mixed Types for Sale
3 Properties | Mixed Types

Ottawa 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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2491 Cléroux Cres

Ottawa, ON K1W 1A1

Multifamily for Sale
$3,100,000 CAD
30,171 SF

Ottawa Multifamily for Sale - East Central

Avison Young has been mandated to advise and manage the sale of 2491 Cleroux Cres., Ottawa, ON. This is an exceptional opportunity to acquire a renovated turnkey asset in an established rental market. - Total of 11 residential rental units - 7/8 townhomes fully renovated - Approximately 4.75% cap rate on in-place financials - 20 minute drive to Downtown Ottawa

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-10-14

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2019 Bank St

Ottawa, ON K1V 0N1

Multifamily for Sale
$825,000 CAD
1,416 SF
1 Unit Available

Ottawa Multifamily for Sale - East Central

Corner retail investment on Ottawa's Bank Street: three connected ground-floor commercial condo units totaling 1,416 sq. ft. with prominent corner exposure, open retail floorplan, broad storefront glazing, and dedicated sign boxes above each unit; on-site customer parking and a professionally managed condo setting support efficient operations and predictable carrying costs. Minutes to South Keys Shopping Centre and the Heron Bank retail corridor high-traffic destinations anchored by national brands (Walmart/Best Buy; Home Depot/Canadian Tire)with steady demand from Greenboro, Blossom Park, South Keys and Alta Vista, plus commuter flows via Hunt Club Road and Airport Parkway and established transit along Bank Street. The property is leased, generating stable annual income of approximately $47,500 net, with a two-year renewal option positioning this asset for durable cash flow today and sensible upside at rollover.

Contact:

DRM Real Estate & Developments; Brokered By RE/MAX

Property Subtype:

Apartment

Date on Market:

2025-09-25

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Prime Investment Opportunity -

Ottawa, ON

Mixed Types for Sale
$5,000,000 CAD
3 Properties | Mixed Types

Ottawa for Sale - Tunney's Pasture

CBRE Limited is pleased to act as the exclusive advisor, and offer for sale, on behalf of the Owners, the property municipally known as 402, 406, 408, 410 Preston Street, Ottawa, Ontario (the “Property”).Nestled on the most active corner in the Little Italy community of Ottawa, the Property is an attractive opportunity for mid-density, mixed-use development, with interim holding income.The Property is currently improved with 4 buildings, operating as 4 residential units and an automotive repair shop on the corner. On the south end of the Property is a laneway that can accommodate as many as 4 cars.Little Italy and the Preston Street corridor is Ottawa’s most exciting neighborhood. The Ottawa Hospital is actively constructing its new Civic Hospital Campus a short distance south of the Property. The City of Ottawa opened the updated Trillium north/south LRT line in Q4-2024, with the Dow’s Lake station 3 blocks away from the Property, and the Ottawa Senators have announced the relocation of its arena to LeBreton Flats, at the north end of the Preston corridor. Continued gentrification to this already vibrant neighbourhood creates an amazing opportunity to join the momentum of the area with the purchase of the Property. The Property site area is approximately 9,762 square feet, with frontage of 100 feet along Preston Street, and a depth of 100 feet. The Property is being offered on a first come, first served basis at an asking price of $5,000,000.

Contact:

CBRE

Property Subtype:

Mixed Types

Date on Market:

2025-09-22

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1549 Maxime St

Gloucester, ON K1B 3K9

Multifamily for Sale
$2,495,000 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 $9,800 in monthly rental income (~$118,000 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:

2025-09-21

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830 High St

Ottawa, ON K2B 6C4

Multifamily for Sale
$899,900 CAD
1,904 SF

Ottawa Multifamily for Sale - West Central

A golden opportunity in a high-demand infill location! This 66' x 121.47' lot (approx. 7,965 sq ft / 0.183 acres) is zoned R4N – Residential Fourth Density, permitting a wide range of residential building forms, including low-rise apartments and multi-unit dwellings. Potential for 9–10 Units! Tap into the strong rental and resale market with the possibility of building multiple residential units in a rapidly growing area.

Contact:

Royal LePage Team Realty

Property Subtype:

Apartment

Date on Market:

2025-09-05

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Cobourg St

Ottawa, ON K1N 8G8

Multifamily for Sale
$1,190,000 CAD
4,552 SF

Ottawa Multifamily for Sale - Centretown-Byward

For sale is a well-maintained, fully occupied 4-unit multifamily property, originally built in 1920 and thoughtfully renovated multiple times over the years. This classic building blends historic charm with modern updates, making it a truly turn-key investment opportunity. Each unit is currently rented, offering immediate and stable cash flow for the new owner. The property has been carefully cared for, with visible pride of ownership throughout. Whether you're a seasoned investor or just starting your real estate portfolio, this is a rare chance to acquire a solid, income-producing asset that requires no immediate work. Don’t miss out on this opportunity—schedule a showing or request more information today.

Contact:

Re/Max Hallmark Realty Group

Property Subtype:

Apartment

Date on Market:

2025-08-21

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Prime Investment -

Ottawa, ON

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

Ottawa 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

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1340-1350 Hemlock Rd

Ottawa, ON K1K 5C2

Multifamily for Sale
$250,000 CAD
428 SF
1 Unit Available

Air Conditioning
Security System
Controlled Access
Kitchen
Smoke Detector

Ottawa Multifamily for Sale - East Central

Position your business in the fast-growing Wateridge Village at 1340 Hemlock Rd.a prime 428 sq. ft. ground-level retail space in a newly constructed mid-rise residential building. Located in the heart of a master-planned community with thousands of new homes, this unit offers direct access to a built-in customer base and growing foot traffic. Be surrounded by complementary businesses such as Pharmasave and East Ottawa Compounding Pharmacy PharmaChoice, with Phintopia Coffee & Tea, Dentistree, Waterridge Dentist, Rockliffe Chiropractic, and a boutique Fitness Centre all coming soon. Ideal for service-based businesses, boutique retailers, or professional offices seeking to establish a presence within a vibrant and expanding residential neighbourhood

Contact:

DRM Real Estate & Developments; Brokered By RE/MAX

Property Subtype:

Apartment

Date on Market:

2025-07-07

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1675 Dunning Rd

Ottawa, ON K4C 1L7

Multifamily for Sale
$1,925,000 CAD
8,000 SF

Ottawa Multifamily for Sale - East Central

Multi-Residential complex situated on just OVER 20 ACRES of Land. This property features 6 Freestanding Residential Buildings, a 5plex, Single home, and 2 Prefab homes. Along with rental income from a Log Shack, Barn and 4 Rental Spaces used for storage and RV. CAP Rate of 6.49% with OPPORTUNITY of additional rental income from storage or pasture land. Fully Tenanted and self managed property. Located just 1.5KM south of Cumberland. The residences are Surrounded by Mature Maple Trees, Pastures, and nature. In the back, there is a 40'x150' gravel parking area. 2 Drilled Wells, 3 Septic Systems, Propane Sourced Heating. VTB Available.

Contact:

Re/Max Hallmark Realty Group - West

Property Subtype:

Apartment

Date on Market:

2024-05-21

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336 Tweedsmuir Av

Ottawa, ON K1Z 5N4

Multifamily for Sale
5,316 SF

Ottawa Multifamily for Sale - West Central

Cushman & Wakefield Ottawa has been retained as the exclusive agent by MSI Spergel Inc . as court -appointed receiver of Mushimpex Investments Inc . (the “Receiver” ), and is pleased to offer for sale a 100 % freehold interest in 336 Tweedsmuir Avenue (the “Property”) . Constructed in 2019 , the Property is a modern, purpose - built multi -family building comprised of 4 two -bedroom suites, featuring contemporary finishes, stainless steel appliances, and in - suite laundry . Located in the amenity - rich Westboro neighbourhood . REPRESENTATION AND WARRANTIES Neither the Advisor nor the Receiver make any representations and/or warranties regarding any aspect of the Property, including but not limited to the size of the building, size of the land, building and environmental condition, zoning, and financial information . The Property will be sold on an “as - is where - is” basis and all parties will be responsible to perform their own investigations and due diligence .

Contact:

Cushman & Wakefield Ottawa

Property Subtype:

Apartment

Date on Market:

2026-01-27

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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
194,264 SF

Ottawa Multifamily for Sale - East Central

Unlock a High Density Investment Opportunity at 25 Pickering Place! We’re excited to announce that this development site strategically located in one of Ottawa’s most connected growth corridors, is now FOR SALE. Positioned for transformation, this site offers unmatched potential for visionary investors and developers. This development site offers a rare opportunity in one of Ottawa’s most connected, and yet undiscovered locations.

Contact:

Avison Young Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-11-14

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More details for 353-357 Gardner St, Ottawa, ON - Multifamily for Sale

The Spark - 353-357 Gardner St

Ottawa, ON K1L 7V8

Multifamily for Sale
68,680 SF

Security System
24 Hour Access
Controlled Access

Ottawa Multifamily for Sale - East Central

Brand new construction completed in summer 2023. The building includes a total of 62 units : 23 - 1 bed, 8 - 1 bed with den, 8 - 2 bed with 1 bath, 9 - 2 beds with 2 baths, 14 - 2 beds with 2 baths and den.

Contact:

Brentcom Realty Corporation

Property Subtype:

Apartment

Date on Market:

2023-10-10

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255 Fifth Ave

Ottawa, ON K1S 4B5

Multifamily for Sale
$2,200,000 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

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3 Bedale Dr

Ottawa, ON K2H 5L9

Multifamily for Sale
$8,395,000 CAD
15,900 SF

Private Bathroom

Ottawa Multifamily for Sale - Kanata

3 Bedale Drive, is a brand-new, 15-unit apartment building offering exceptional modern living in Ottawa’s coveted Crystal Beach neighborhood. This thoughtfully designed building features spacious, contemporary 2-bedroom apartments, perfect for individuals, couples, and small families seeking both comfort and convenience. Each apartment includes generously sized bedrooms, with the primary bedroom featuring an en suite bathroom and a spacious walk-in closet. The second bedroom also boasts a walk-in closet, providing ample storage space. For added convenience, each unit is equipped with in-unit laundry. The open-concept living areas are bright and welcoming, thanks to large windows that flood the space with natural light. Sleek kitchens with premium appliances, stylish cabinetry, and elegant fixtures enhance the overall modern aesthetic of the home. The building itself offers superior amenities, including elevators for easy access to all floors, secure entry, and underground parking, ensuring a comfortable and effortless living experience. Residents will enjoy proximity to local parks, shopping, dining, and excellent public transit links. With Britannia Beach and the picturesque Ottawa River just a short distance away, residents can enjoy a sense of escape from the bustle of city life with morning walks along the water, beach-side picnics in the afternoon, and unobstructed sunset views in the evening, all while still being close to urban amenities. 3 Bedale Drive offers the ideal blend of peaceful suburban living with access to all the modern conveniences of urban life, promising an elevated living experience in one of Ottawa’s most sought-after locations.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-06-10

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Apartment Buildings for Sale in Ottawa

View All Available Listings

How many apartment buildings are available for sale in Ottawa?

There are currently 21 apartment buildings available for sale in Ottawa, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in Ottawa?

The average size of apartment buildings available for sale in Ottawa is about 34,508 SF. The largest apartment buildings available to buy is 331,416 SF and the smallest is 428 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 Ottawa?

The average market cap rate for apartment buildings for sale is about 5.36% based on data provided in Ottawa. Learn more about how cap rates are calculated.

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