5-Plex Properties for Sale in Ontario Province

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Multi-Family for sale: 1614 RIDGE ROAD E, Oro-Medonte

40 photos

$3,359,000

1614 Ridge Road E, Oro-Medonte (Hawkestone), Ontario L0L 1T0

0 beds
0 baths
12 days

Hwy 11 & 11 Line N Welcome To 'Hawkstone Manor' In Old Charm Historical Hawkestone, Oro-Medonte. First Time Offer For Sale After Completing A Full Preservation Of This Unique Century Grand Manor Home And Fully Renovated Suites. Stunning Curb Appeal With Keystone Brick, Soaring Ceilings, Exquisite

555-553 ADELAIDE STREET, Woodstock

1 photos

$529,900

555-553 Adelaide Street, Woodstock (Woodstock - North), Ontario N4S 4B7

5 beds
5 baths
69 days

North on Wellington Street N, East on Adelaide Street Attention investors & first time home buyers! This affordable 5 plex is a great opportunity to kick start your personal wealth and portfolio. Ample parking for all 5 units plus affordable utilities with boiler heat (hot water radiator) and

463 BOND STREET E, Oshawa

17 photos

$1,200,000

463 Bond Street E, Oshawa (O'Neill), Ontario L1G 1B9

0 beds
0 baths
6 days

Bond St E. & Cadillac Ave N Large Opportunity Awaits! Good Cash flow and being sold together with 455 Bond allowing for long term construction of a large apartment building. 463 bond street east is currently a 5 plex consisting of 2 commercial units, 2 res apts above, 1 basement apartment with

Other for sale: 377 HEMLOCK STREET, Timmins

18 photos

$435,000

377 Hemlock Street, Timmins, Ontario P4N 6T3

6 beds
5 baths
47 days

Hemlock st & Empire Ave Attention Investor!!! 5 plex located in a prime location with lots of potential. Mixed with 1X2 Bedroom Units & 4X1 Bedroom Units. Fully Tenanted. Five parking spots, generating gross rent of$48800/year & Separately Metered Utilities paid by the landlord.Potential to

House for sale: 239 MAIN STREET N, Brampton

24 photos

$1,699,000

239 Main Street N, Brampton (Downtown Brampton), Ontario L6X 1N3

5 beds
5 baths
62 days

Main St N & Vodden St Prime Brampton Downtown Location, Legal 5-PLEX, 5INDIVIDUAL 1 BEDROOM APARTMENTS. This very well maintained 5-plexproperty offering convenience and accessibility to GO STATION, transit, and entertainment options. Investment Opportunity, Explore the potential of this income-generating

Multi-Family for sale: 12 ANN STREET, Bracebridge

18 photos

$649,900

12 Ann Street, Bracebridge (Macaulay), Ontario P1L 1S3

9 beds
0 baths
5 days

Manitoba Street to Ann Street to #12. SOP Here is an investment opportunity! This 5 plex is situated in a prime location just steps away from the main street in Bracebridge. Four 2 bedroom apartments and One 1 bedroom apartment. One unit has been recently renovated. All units have separate

38-40 ALICE Street, Waterford

4 photos

$549,900

38-40 Alice Street, Waterford, Ontario N0E 1Y0

5 beds
5 baths
7 days

Left on Alice from Main Street South Attention Investors! Welcome to 38-40 Alice St, in beautiful Waterford. Dip your toes into real estate investing with this affordable 5-plex. With long term tenants in place, simply purchase and enjoy the cash flow this property produces. Each unit is a

Duplex for sale: 267 CATHARINE Street N, Hamilton

9 photos

$886,000

267 Catharine Street N, Hamilton, Ontario L8L 4T4

4 beds
5 baths
14 days

Barton Street East to Catharine Street North ATTENTION INVESTORS! 5-plex building with main floor retail/office and plenty of parking. Great street presence at the corner of Barton & Catharine. Main floor vacant. Main floor 1-bedroom apartment. Main floor bachelor apartment. 2x1 bedroom apartments

Fourplex for sale: 412 VICTORIA STREET N, Tweed

20 photos

$849,000

412 Victoria Street N, Tweed, Ontario K0K 3J0

8 beds
4 baths
33 days

Victoria St N & Bridge St W Well maintained purpose-built 4 plex in the Village of Tweed. 3 units currently remodeled, 1 unit tenanted with a long-term Sr tenant, the landlord uses the other unit for his residence. This property offers the potential for an excellent cap rate north of 8%, or

Other for sale: 636 D'IBERVILLE STREET, Iroquois Falls

22 photos

$396,000

636 D'iberville Street, Iroquois Falls (Iroquois Falls), Ontario P0K 1G0

9 beds
5 baths
35 days

BETWEEN MAIN STREET AND AMBRIDGE DRIVE GREAT INVESTMENT PROPERTY NESTLED IN THE DOWNTOWN OF QUIET IROQUOIS FALLS, THIS COMMUNITY OFFERS PLENTY OF VIABLE INDUSTRY INCLUDING MANY MINES IN THE AREA. THIS 5 PLEX UNIT HAS 2-1 BEDROOM UNITS, 2-2 BEDROOM UNITS AND 1-3 BEDROOM UNIT. THIS PROPERTY ALSO

House for sale: 1671 KING STREET E, Hamilton

40 photos

$775,000

1671 King Street E, Hamilton (Delta), Ontario L8K 1V2

5 beds
3 baths
17 days

KING ST E & WEXFORD AVE S This well-maintained 4-bedroom, 3-full bathroom family-owned home is located in the sought after Delta area in East Hamilton. 1600sqft above grade plus a fully finished basement. Move in ready! Impeccably cared for over the past 50+ years. Bright interior that has

Fourplex for sale: 382 BRANT STREET, Ottawa

32 photos

$1,049,000

382 Brant Street, Ottawa (3404 - Vanier), Ontario K1L 6V6

5 beds
5 baths
55 days

Mcarthur Ave to Brant St. Updated and meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently

Residential Commercial Mix for sale: 93 HASTINGS STREET N, Bancroft

21 photos

$800,000

93 Hastings Street N, Bancroft, Ontario K0L 1C0

0 beds
4 baths
157 days

Hastings St. N and Station St. Outstanding investment property with an impressive CAP rate exceeding 6% & significant value-add! Located on busiest Main Street in downtown Bancroft, this property offers a rare chance to acquire a potential 5-plex at the price of a triplex with all municipal

Other for sale: 1614 RIDGE ROAD E, Oro-Medonte

35 photos

$3,359,000

1614 Ridge Road E, Oro-Medonte (Hawkestone), Ontario L0L 1T0

6 beds
5 baths
12 days

Hwy 11 & 11 Line N Welcome To 'Hawkstone Manor' In Old Charm Historical Hawkestone, Oro-Medonte. First Time Offer For Sale After Completing A Full Preservation Of This Unique Century Grand Manor Home And Fully Renovated Suites. Stunning Curb Appeal With Keystone Brick, Soaring Ceilings, Exquisite

Multi-Family for sale: 337-339 SAULSBURY STREET E, Strathroy-Caradoc

31 photos

$1,550,000

337-339 Saulsbury Street E, Strathroy-Caradoc (NW), Ontario N7G 2B3

0 beds
0 baths
78 days

EAST This looks like a solid investment opportunity! A 5-plex all 2 bedrooms are renovated units, finished basements, and tenants covering utilities is definitely appealing. Plus, the proximity to the hospital and major highways is a big plus. The fact that rents are below market value means

House for sale: 2333 GERRARD STREET E, Toronto

9 photos

$1,449,000

2333 Gerrard Street E, Toronto (East End-Danforth), Ontario M4E 2E5

7 beds
4 baths
7 days

Main St and Gerrard St E Masterly designed by ArtHaus Developments and ready to apply for a building permit!! Committee of Adjustment approval has been issued for the construction of a new legal 4-plex building in this high-demand residential location. 3 - 1+1 or 2 bedroom suites and 1-1 bedroom

Multi-Family for sale: 382 BRANT STREET, Ottawa

30 photos

$1,049,000

382 Brant Street, Ottawa (3404 - Vanier), Ontario K1L 6V6

0 beds
0 baths
47 days

Mcarthur Ave to Brant St. Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently

Multi-Family for sale: 267 CATHARINE STREET N, Hamilton

9 photos

$886,000

267 Catharine Street N, Hamilton (Beasley), Ontario L8L 4S8

0 beds
0 baths
14 days

Barton St E / Catherine St S ATTENTION INVESTORS! 5-plex building with main floor retail/office and plenty of parking. Great street presence at the corner of Barton & Catharine. Main floor vacant. Main floor 1-bedroom apartment. Main floor bachelor apartment. 2x1 bedroom apartments on 2nd level

House for sale: 137 WEST AVENUE N, Hamilton

36 photos

$1,249,000

137 West Avenue N, Hamilton (Landsdale), Ontario L8L 5C4

5 beds
5 baths
21 days

Cannon St E & West Ave N ****TOTALLY RENOVATED with all permits and legal 5 Plex. ALL UNITS ARE VACANT*** Welcome to this beautifully updated and thoughtfully designed 5-unit apartment building, offering a perfect blend of modern comfort and timeless charm. The building features a variety of

Multi-Family for sale: 2870 COLONIAL ROAD, Ottawa

16 photos

$619,900

2870 Colonial Road, Ottawa (1116 - Cumberland West), Ontario K0A 3E0

0 beds
0 baths
137 days

Once in Navan go east on Colonial Road for about 10 minutes. Once in Sarsfield the property is on the North Side. Investment opportunity that savvy investors won’t want to miss. Located in the peaceful village of Sarsfield, just minutes from Orleans & Navan, this well-maintained 5plex

98 Kathleen Street, Sudbury

58 photos

$369,900

98 Kathleen Street, Sudbury, Ontario P3C 2L9

0 beds
0 baths
33 days

GREAT 5 PLEX IN FAVORABLE RENTAL AREA. PRIVATE, ACROSS THE STREET FROM SPORTS FIELD, STEPS TO BUS ROUTES, SHOPPING, AND ST JEAN BREBEUF CHURCH. 4 - 1 BEDROOM, 1 2-BEDROOM UNIT. LOWER UNIT 1- BEDROOM (CURRENTLY VACANT, SET YOUR OWN RENT.) REAR LANE PRIVATE PARKING (6 + PARKING SPACES

Other for sale: 77 MONTREAL STREET, Goderich

40 photos

$1,900,000

77 Montreal Street, Goderich (Goderich Town), Ontario N7A 2G5

10 beds
7 baths
40 days

Sharp turn North onto Montreal St. off Elgin Ave or access off Elgin Ave E. Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal

40 ABSALOM STREET E, South Bruce

34 photos

$599,900

40 Absalom Street E, South Bruce, Ontario N0G 2J0

0 beds
0 baths
43 days

From Mildmay's main street, to Absalom St E, property is on right Looking to get into investments? Consider this fully rented solid 5 plex. Two Tenants have been long term, therefore their units are below the going rental amount. Two hot water boilers, one for domestic use and the other for

1473 GARRISON ROAD, Fort Erie

4 photos

$325,000

1473 Garrison Road, Fort Erie (334 - Crescent Park), Ontario L2A 1P7

0 beds
0 baths
47 days

From QEW take exit 5(petit road) then turn right on Garrison road Welcome to the premier destination for developing a lot for a single home residential or a multi unit development in the Crescent Park sub division in the town of Fort Erie. Conveniently situated near Greater Fort Erie High School,

Other for sale: 234 DUNDAS STREET W, Quinte West

23 photos

$1,499,600

234 Dundas Street W, Quinte West, Ontario K8V 3R6

14 beds
9 baths
144 days

Dundas St W & Maclellan Ave Live in & Invest!! Rare And Solid Investment 2-story 9 Plex In Trenton's West End With A Good Long-Term Investment!! This Building Has 5-2 Bedroom Units And 4-1 Bedrooms And 9 Are Fully Rented. Well Maintained Interior And Exterior And Has Front And Rear Entrances.

192/194 BURGAR STREET, Welland

20 photos

$999,850

192/194 Burgar Street, Welland (768 - Welland Downtown), Ontario L3B 2T4

6 beds
6 baths
137 days

Corner of Hagar St and Burgar St. Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as

553 JAMES STREET, Norfolk County

23 photos

$899,900

553 James Street, Norfolk County, Ontario N4B 2C5

0 beds
0 baths
12 days

Located on Highway # 3 (Main St. Delhi = James St) In the Town of Delhi, On the East side. This Meticulously well taken care of Fully Leased 5 Plex is Located in the Heart of Delhi. The Vast Building is 7400 Sq. Ft. above grade, Featuring 2 Commercial units on the main Floor (Retail store and

Other for sale: 94 KING STREET, Essa

14 photos

$1,799,999

94 King Street, Essa (Angus), Ontario L0M 1B0

11 beds
5 baths
7 days

Mill to King REAL ESTATE - THE BEST PLACE TO PARK YOUR MONEY IN 2025! THIS 6-plex offers tremendous opportunity for investors looking for a turn key investment property to add to their real estate portfolio. Sitting on a double lot in the heart of Angus Ontario, this property has all the checkmarks

Row / Townhouse for sale: 218 DR RICHARD JAMES CRESCENT, Loyalist

24 photos

$609,900

218 Dr Richard James Crescent, Loyalist (Amherstview), Ontario K7N 0E9

3 beds
3 baths
10 days

County Road 6 to Walden Pond Drive to Pratt Drive to Dr Richard James Crescent Welcome to 218 Dr Richard James Crescent and Barr Homes' new Winston model! This soon-to-be finished 3-plex townhome end unit is situated on a spacious pie shaped lot boasting 1,690 square feet of finished living

Fourplex for sale: 258 SOUTH Drive, Simcoe

12 photos

$849,900

258 South Drive, Simcoe, Ontario N3Y 1G8

0 beds
0 baths
124 days

QUEEN ST. S. 4 PLEX.UNIT 1 RECENTLY RENO'D WITH UPDATED HEATING AND COOLING AND NEW FRIDGE AND STOVE. 5 HYDRO METRES. ALL UNITS ARE 2 BEDR. EACH UNIT HAS 2BED, KITCH, LR, DR, 4PCBATH. PARKING IN BACK FOR 5 CARS. HEAT IS ELECTRIC, RADIANT AND PAID BY TENANTS. Sq. footage of building is approx.

Other for sale: 210 PARK AVENUE E, Chatham-Kent

38 photos

$2,050,000

210 Park Avenue E, Chatham-Kent (Chatham), Ontario N7M 3V8

18 beds
12 baths
11 days

PARK AV E NEAR PETER ST ARE INVESTMENT OPPORTUNITY! This 12-plex offers a unique mix of 6 one-bedroom units and 6 spacious two-story, two-bedroom units, each featuring a private entrance and walk-out patio (one-bedroom units include private green spaces). Six units have been remodeled between

70B DUNSTALL CRESCENT, Toronto

6 photos

$985,000

70b Dunstall Crescent, Toronto (West Hill), Ontario M1E 3M4

0 beds
0 baths
77 days

Lawrence Ave E & Beechgrove 5 Units as-of-right (4 Plex + Garden Suite). Positive cash flow after 95% of costs mortgaged out on completion. Average unit size 1,194 sq. ft. - Individual Private Entrances for each Unit. Lot Area over 8100 sq. ft. Pie shaped (rear lot line - 66.6,

Fourplex for sale: 256 SOUTH Drive, Simcoe

22 photos

$849,900

256 South Drive, Simcoe, Ontario N3Y 1G8

0 beds
0 baths
124 days

Queen St. S. 4-plex with 4-2 bedroom apartments. Each unit has 2bedrms,living room, dining room, kitchen and 4pcbath. Two of the units have been recently renovated Separate hydro, gas and water meters. Sq. footage of building is approx. as per Seller. 2 units on main flr and 2 in basement.

Multi-Family for sale: 91 HIGH STREET, Georgina

25 photos

$1,780,000

91 High Street, Georgina (Sutton & Jackson's Point), Ontario L0E 1R0

0 beds
0 baths
182 days

Hwy 48 / High St Investor's Dream! Don't miss out on this incredible opportunity to add a Legal 9-Plex in Georgina to your portfolio. This property features 5 spacious 1 Bedroom + 1 Bath units and 4 cozy 2 Bedroom + 1 Bath units, all boasting laminate flooring and individual storage units.

Multi-Family for sale: 144 Second Line W, Sault Ste. Marie

21 photos

$1,095,000

144 Second Line W, Sault Ste. Marie (Sault Ste. Marie), Ontario P6C 2H9

0 beds
0 baths
12 days

Don't miss this investment opportunity. Quality built 6-plex in good west end location. Solid, well constructed building. 5-2 bedroom and 1-1 bedroom unit. All units are above ground. Spacious units with lots of storage space in each unit. On site laundry facilities and ample storage areas

4459 COUNTY RD 34 ROAD, South Glengarry

12 photos

$650,000

4459 County Rd 34 Road, South Glengarry (724 - South Glengarry (Lancaster) Twp), Ontario K0C 1A0

0 beds
0 baths
18 days

MAIN AND ST.PAUL ATTENTION INVESTERS!! Unique opportunity awaits you just outside the village of Green Valley. This 7-plex has a CAP RATE OF 9.71%!! There are two residential properties and a garage located on 3.5 acres. The main unit is a 2-storey house that has four apartments. The second

70A DUNSTALL CRESCENT, Toronto

7 photos

$985,000

70a Dunstall Crescent, Toronto (West Hill), Ontario M1E 3M4

0 beds
0 baths
77 days

Lawrence Ave E & Beechgrove 5 Units as-of-right (4 Plex + Garden Suite). Positive cash flow after 95% of costs mortgaged out on completion. Average unit size 1,182 sq. ft. - Individual Private Entrances for each Unit. Lot Area over 8100 sq. ft. - Pie shaped (rear lot line

Fourplex for sale: 4440 HURON STREET, Niagara Falls

28 photos

$2,090,000

4440 Huron Street, Niagara Falls (210 - Downtown), Ontario L2E 2G9

9 beds
8 baths
31 days

Huron St / St Clair Ave Welcome to 4440 Huron St, a fully renovated four-plex townhouse (12 bedrooms) situated in the heart of Niagara Falls. Located just steps from the University of Niagara Falls, world-renowned casinos, and iconic attractions, this property offers an unmatched investment

House for sale: 1094 LINCOLN ROAD, Windsor

43 photos

$1,569,900

1094 Lincoln Road, Windsor, Ontario N8Y 2H4

14 beds
7 baths
80 days

Renovated & charming historic 6-plex in Walkerville with high income. A true turn key with some room to set your own rents too. In the heart of Walkerville this money maker is just steps away from the picturesque Willistead Park and the vibrant local restaurant scene. It offers an excellent

Multi-Family for sale: 1094 LINCOLN ROAD, Windsor

43 photos

$1,569,900

1094 Lincoln Road, Windsor, Ontario N8Y 2H4

0 beds
0 baths
80 days

Renovated & charming historic 6-plex in Walkerville with high income. A true turn key with some room to set your own rents too. In the heart of Walkerville this money maker is just steps away from the picturesque Willistead Park and the vibrant local restaurant scene. It offers an excellent

Fourplex for sale: 243 ONTARIO STREET, St. Catharines

29 photos

$639,900

243 Ontario Street, St. Catharines (451 - Downtown), Ontario L2R 7J2

4 beds
4 baths
194 days

ONTARIO STREET & BEECH STREET Four-plex, with major potential upside. 5 hydro meters. Ample parking spots. 5 bathrooms. New shingled roof 2021. All water heaters are owned. Apprx 3000+ sq ft of finished living space. Income from the billboard. Close proximity to former General Motor Lands.

Multi-Family for sale: 107 SEVENTH STREET W, Cornwall

14 photos

$799,900

107 Seventh Street W, Cornwall (717 - Cornwall), Ontario K6J 2Y1

0 beds
0 baths
55 days

Take Pitt St. South to Seventh St. Go West on Seventh. There is a sign on the property. Don't miss out on this 6 plex with an excellent gross income of $72062 and a net income of $53118. . The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building

56 NORFOLK STREET S, Norfolk County

28 photos

$1,349,000

56 Norfolk Street S, Norfolk County, Ontario N3Y 2W2

0 beds
0 baths
12 days

Located on Norfolk st S. Main St of Simcoe (highway # 24) Property is on West side. Amazing Freshly Renovated Mixed Use 8 Plex For Sale, located in one of the best locations Simcoe has to Offer. This Fully Leased Three Story Building is over 9000 Sq. Ft. Above Grade, Featuring 2 Commercial

House for sale: 12 CAVELL AVENUE, Toronto

2 photos

$1,299,000

12 Cavell Avenue, Toronto (Mimico), Ontario M8V 1P2

3 beds
1 baths
2 days

Royal York & Cavell Calling All Developers, Builders, Investors!! Turn-Key Multi-Plex Development Opportunity in Sought After South Etobicoke - Fully Permitted, Shovel-Ready Project. This offering provides unparalleled flexibility, with the unique option for the Seller to oversee construction

House for sale: 10 CAVELL AVENUE, Toronto

2 photos

$1,299,000

10 Cavell Avenue, Toronto (Mimico), Ontario M8V 1P2

3 beds
1 baths
2 days

Royal York & Cavell Calling All Developers, Builders, Investors!! Turn-Key Multi-Plex Development Opportunity in Sought After South Etobicoke - Fully Permitted, Shovel-Ready Project. This offering provides unparalleled flexibility, with the unique option for the Seller to oversee construction

332 Burton Avenue, Sudbury

16 photos

$569,900

332 Burton Avenue, Sudbury, Ontario P3C 4K5

0 beds
0 baths
55 days

Amazing Investment Opportunity in Sudbury! This centrally located 4-plex in a high-demand rental area is a rare find with a strong 6.93% cap rate and potential to exceed 9.5%. Built in 1994, this low-maintenance property includes 1 spacious 2-bedroom unit ($945.55/month plus hydro) and 3 bright

Triplex for sale: 311 GEORGE STREET, Norfolk

36 photos

$849,900

311 George Street, Norfolk (Port Dover), Ontario N0A 1N0

5 beds
3 baths
46 days

Chapman Street Prime investment opportunity in Port Dover, just a 5-minute walk to the beach! SET YOUR OWN RENTS! This tri-plex is perfectly positioned in a highly desirable area, offering easy access to shops, restaurants, schools, parks, nature trails, & essential services. Featuring 3 updated

House for sale: 5207 RIVER ROAD, Niagara Falls

20 photos

$1,299,500

5207 River Road, Niagara Falls, Ontario L2E 3G9

5 beds
5 baths
7 days

River Road and Otter This PROPERTY is about the LOCATION! HOUSE is located in City of NIAGARA FALLS right on RIVER Road directly leading to THE FALLS, which at times, depending on wind, can be heard roaring in a distance. Walking distance ~1.0 km to RAINBOW Bridge , ~1.5 km to AMERICAN Falls,~

520 MAIN Street, Shelburne

48 photos

$2,899,999

520 Main Street, Shelburne, Ontario L0N 1S6

0 beds
0 baths
5 days

From 4th line to Main St. W. For more information click the brochure button below. Fully Tenanted 9-Plex in the town of Shelburne with tons of potential! Amazing opportunity to own this amazing 9-plex building on 2.8 acres of land! It doesn't get more turn-key than this! Currently tenanted.

Triplex for sale: 311 ST GEORGE Street, Port Dover

40 photos

$849,900

311 St George Street, Port Dover, Ontario N0A 1N0

5 beds
3 baths
59 days

Main Street, South on Chapman, East on ST George Prime investment opportunity in Port Dover, just a 5-minute walk to the beach! SET YOUR OWN RENTS! This tri-plex is perfectly positioned in a highly desirable area, offering easy access to shops, restaurants, schools, parks, nature trails, and

Exploring the 5-Plex in Ontario Province

Ontario, a province known for its vibrant cities and picturesque landscapes, offers a diverse range of real estate opportunities. Among these, the 5-plex properties stand out as a unique investment option. These multi-unit buildings provide a balance between residential comfort and investment potential, making them an attractive choice for both homeowners and investors.

The Appeal of Multi-Unit Properties

Multi-unit properties, such as the 5-plex in Ontario, offer several advantages. They provide a steady rental income stream, which can help offset mortgage payments and other expenses. Additionally, owning multiple units in a single location reduces the complexity of managing properties spread across different areas.

Investors often compare the 5-plex to other multi-unit options like the 10-plex or the 6-plex. While larger complexes may offer higher income potential, the 5-plex strikes a balance between manageability and profitability.

Location and Lifestyle

Location is a critical factor when considering a 5-plex investment. Ontario's diverse regions offer various lifestyle options, from urban living to serene countryside settings. For instance, the Hampton area provides a quaint, small-town feel, while downtown Stratford offers a bustling urban environment.

In Burlington's Orchard neighborhood, residents enjoy a blend of suburban tranquility and city convenience. This area is known for its family-friendly atmosphere and proximity to amenities, making it a desirable location for a 5-plex.

Investment Potential

The investment potential of a 5-plex in Ontario is significant. With the province's growing population and strong rental demand, these properties can yield substantial returns. The Wellington area is particularly noteworthy for its robust rental market, attracting both young professionals and families.

Investors should also consider the Stratford region, known for its cultural attractions and vibrant arts scene. This area draws a diverse tenant base, enhancing the appeal of a 5-plex investment.

Comparing with Other Multi-Unit Options

When evaluating a 5-plex, it's essential to compare it with other multi-unit options. The 4-plex offers a slightly smaller scale, which may be more manageable for first-time investors. However, the additional unit in a 5-plex can significantly increase rental income.

On the other hand, larger complexes like the 10-plex require more extensive management but offer higher income potential. Investors must weigh these factors based on their financial goals and management capabilities.

Challenges and Considerations

While the benefits of owning a 5-plex are numerous, there are also challenges to consider. Property management can be demanding, especially for those new to real estate investment. It's crucial to have a solid understanding of tenant laws and property maintenance requirements.

Additionally, financing a 5-plex may differ from traditional single-family homes. Lenders often have specific criteria for multi-unit properties, and securing a mortgage may require a larger down payment or higher interest rates.