5-Plex Properties for Sale in Ontario Province

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Fourplex for sale: 48.5 MITCHELL STREET, St. Thomas

39 photos

$779,900

48.5 Mitchell Street, St. Thomas (St. Thomas), Ontario N5R 2T9

7 beds
4 baths
18 days

Southwick St Attention Investors! Turnkey 4-Plex with POSITIVE CASH FLOW! This fully rented income-generating 4-plex in fast-growing St. Thomas is an exceptional opportunity for investors seeking strong returns. With an annual rental income of $71,160 and a Net Operating Income of $61,385,

Multi-Family for sale: 5 NORTHCLIFFE BOULEVARD, Toronto

4 photos

$2,499,000

5 Northcliffe Boulevard, Toronto (Corso Italia-Davenport), Ontario M6H 3G9

0 beds
0 baths
25 days

St Clair Ave West & Regal Road Don't miss this rare opportunity to own a meticulously maintained, legal 6-plex in one of Toronto's most sought-after neighborhoods. This income-generating property features six spacious one-bedroom units, three of which are enhanced by charming fireplaces, plus

House for sale: 5 NORTHCLIFFE BOULEVARD, Toronto

5 photos

$2,499,000

5 Northcliffe Boulevard, Toronto (Corso Italia-Davenport), Ontario M6H 3G9

6 beds
7 baths
25 days

St Clair Ave West & Regal Road Don't miss this rare opportunity to own a meticulously maintained, legal 6-plex in one of Toronto's most sought-after neighbourhoods. This income-generating property features six one-bedroom units, three of which are enhanced by charming fireplaces, plus a separate

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

40 photos

$3,299,000

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

0 beds
0 baths
81 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

Fourplex for sale: 228-230 CARRUTHERS AVENUE, Ottawa

38 photos

$1,385,000

228-230 Carruthers Avenue, Ottawa (4202 - Hintonburg), Ontario K1Y 1N9

8 beds
4 baths
25 days

Armstrong and Carruthers 228-230 CARRUTHERS WITH 5-PLEX APPROVED (4-2 Bedrooms apartment and 1-4 Bedrooms apartment). Rare opportunity in the heart of Hintonburg to own a vacant Fourplex. Currently, there's a legal fourplex on-site, in need of renovations, with conceptual drawings of adding

Multi-Family for sale: 380 BAYVIEW PARKWAY, Orillia

11 photos

$1,350,000

380 Bayview Parkway, Orillia (Orillia), Ontario L3V 3Y2

0 beds
0 baths
38 days

Atherly Rd & Hwy 12 Looking for a turn key investment? Only 20 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring four 2-bedrooms units and 1 bachelor unit, all with 1 kitchen and 1 full bathroom. Occupied with triple A tenants, this property yields

Other for sale: 60 MILL STREET, Stirling-Rawdon

32 photos

$1,990,000

60 Mill Street, Stirling-Rawdon, Ontario K0K 3E0

11 beds
10 baths
29 days

Corner of James Street & Mill Street Investment opportunity in quiet and sought after town of Stirling! There are 2 separate buildings (6-unit and 4-unit) with a potential for severance or leave as one parcel. Both are very clean and well maintained with lots of parking between the two buildings.

906 KING Street E, Cambridge

36 photos

$888,888

906 King Street E, Cambridge, Ontario N3H 3P3

8 beds
6 baths
25 days

kING ST E AT LOWTHER Good value in this Preston Core 5 plex with very high cash flow opportunities. New paint and flooring in 4 vacant units ready to be rented. Building allows for residential or commercial use. Parking for 3 cars, garage/shop. Central downtown Preston location, on transitr

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
147 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

Multi-Family for sale: 382 BRANT STREET, Ottawa

24 photos

$999,999

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

0 beds
0 baths
56 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

Other for sale: 226-230 CARRUTHERS AVENUE, Ottawa

48 photos

$2,075,000

226-230 Carruthers Avenue, Ottawa (4202 - Hintonburg), Ontario K1Y 1N9

8 beds
4 baths
29 days

Armstrong at Carruthers Opportunity: 66 x 91-ft Lot with R4 Zoning and Development Potential with legal 4-plex and neighboring severed lot that supports approved triplex shovel ready. Calling all first-time buyers, savvy investors, and builders - seize this rare opportunity! This lot offers

Other for sale: 251 KING STREET E, Hamilton

37 photos

$1,550,000

251 King Street E, Hamilton (Stoney Creek), Ontario L8G 1L9

7 beds
2 baths
31 days

Grenn Rd The multi-plex opportunity you were looking for is right here! This unique property offers incredible versatility, featuring three separate units and many possibilities. Situated on a 79ft by 224ft lot, there are two separate residences plus a storage building. The upper-level of the

Other for sale: 26 FIRST STREET W, Cornwall

27 photos

$1,499,000

26 First Street W, Cornwall (717 - Cornwall), Ontario K6J 1B9

6 beds
5 baths
34 days

First and Pitt 5-BAY HEATED SHOP AND RESIDENTIAL 5-PLEX! This 5 unit apartment building conversion was completed in 2024. There are 4 one bedroom units and 1 two bedroom unit. Each unit is bright and modern with high ceilings and loft-like appeal. Each unit has in-suite laundry hookups, Quartz

Other for sale: 28 CECIL STREET, Toronto

7 photos

$8,888,000

28 Cecil Street, Toronto (Kensington-Chinatown), Ontario M5T 1N3

18 beds
9 baths
37 days

college/ Spadina Unlock the potential of this legal 6-plex, offering the potential opportunity to build an addition over 6,500 sqft and convert to mix use or full commercial property . Perfectly situated steps from U of T, OCAD, Queen's Park, major hospitals, and the TTC, this property provides

Other for sale: 229 ELGIN STREET W, Arnprior

29 photos

$649,900

229 Elgin Street W, Arnprior (550 - Arnprior), Ontario K7S 1P4

8 beds
5 baths
57 days

Elgin & McLachlin Attention Investors! Legal 5 Plex in Arnprior with 5 Units of Income. Incredible location in Arnprior's downtown, A stone's throw away to Main ST shops and restaurants, Beach/Park, Hospital, Schools, Landmarks. This building consists of Three-2 bedroom units & Two 1-Bedroom

Other for sale: 214 MISSISSAGA STREET W, Orillia

40 photos

$1,649,900

214 Mississaga Street W, Orillia (Orillia), Ontario L3V 3B5

4 beds
5 baths
10 days

Douglas St/Mississaga St W Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four

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
104 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

40 ABSALOM STREET E, South Bruce

34 photos

$549,900

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

0 beds
0 baths
112 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

Multi-Family for sale: 18 OAK STREET, Kawartha Lakes

40 photos

$875,000

18 Oak Street, Kawartha Lakes (Fenelon Falls), Ontario K0M 1N0

0 beds
2 baths
55 days

Oak / Water Rare Legal 5-Plex in the Heart of Fenelon Falls with 3 Vacant Units! Located on historic Oak Street overlooking the Locks, this grand 5-Unit building is a prime investment opportunity with Five 1-Bedroom Units and over $150K in recent upgrades. Three VACANT fully furnished units

Other for sale: 156 DUNLOP STREET W, Barrie

38 photos

$899,900

156 Dunlop Street W, Barrie (City Centre), Ontario L4N 1B2

5 beds
5 baths
16 days

Dunlop St/Eccles St N Attention Investors!!! 5 Plex With Newly Renovated 2 Bedroom Unit that Shows Well In An Area Where Major Development Changes Are In Play With University Coming Only 600 meters Away! Solid Construction With Many Improvements. Backing Onto Greenspace. Roof Replaced In 2010

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
226 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

Multi-Family for sale: 55 PELHAM ROAD, St. Catharines

31 photos

$850,000

55 Pelham Road, St. Catharines, Ontario L2S 1R5

0 beds
0 baths
51 days

RYKERT AND PELHAM SOLID BRICK 5 PLEX INCLUDING 2-2 BDRM UNITS & 3-1 BDRM UNITS. WINDOWS UPDATED IN 2017.OTHER UPDATESINCLUDE BOILER MOTOR 2018,COSMETIC RENOVATIONS TO UNIT 1,3 AND 5. FITTED WITH FIVE SEPARATE HYDROMETERS. ASPHALT PARKING LOT WITH FIVE PARKING SPOTS. FIVE FRIDGES AND FIVE STOVES

Other for sale: 230 YORK STREET, Cornwall

16 photos

$539,000

230 York Street, Cornwall (717 - Cornwall), Ontario K6J 3Z1

7 beds
5 baths
26 days

Second St W. & York St. Located in the heart of downtown Cornwall, this well-maintained 5-plex features four 1-bedroom units (tenanted), one spacious 2-bedroom unit (vacant), an oversized lot, and a double garage that may be used for extra income. Tenants enjoy the convenience of off-street

Triplex for sale: 86 PORTLAND STREET S, Toronto

1 photos

$2,699,900

86 Portland Street S, Toronto (Mimico), Ontario M8Y 1A7

8 beds
3 baths
27 days

Royal York & Evans Great Investment opportunity ! Tri Plex residential dwelling ! Fully Tenanted current $ 4000 / monthly rent . In The Heart Of Mimico Off Of Royal York. Short Bus Ride To Subway. Close To

1473 GARRISON ROAD, Fort Erie

4 photos

$325,000

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

0 beds
0 baths
116 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,

Multi-Family for sale: 16 RAMORE STREET, Cambridge

39 photos

$1,399,000

16 Ramore Street, Cambridge, Ontario N1S 2P7

0 beds
0 baths
31 days

Cedar/Ramore Rare opportunity to own "Cassa on the Hill". A Four-Plex masterpiece, seamlessly blends heritage charm with modern luxury. Walk to downtown Galt and the Gaslight district, surrounded by amenities. Four luxury rental apartments offering above market rents. This architectural marvel

463 BOND STREET E, Oshawa

17 photos

$1,200,000

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

0 beds
0 baths
75 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: 234 DUNDAS STREET W, Quinte West

23 photos

$1,499,600

234 Dundas Street W, Quinte West (Trenton Ward), Ontario K8V 3R6

14 beds
9 baths
213 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.

Other for sale: 2345 SNYDER ROAD E, Kitchener

26 photos

$1,599,000

2345 Snyder Road E, Kitchener, Ontario N0B 2H0

8 beds
5 baths
68 days

Trussler/Snyder's Rd Fantastic 5 Plex, Each Unit Has Their Own Kitchen, Living Space, 4 Piece Bathroom. Fully Rented. It is 1.6 Acres Lot, You May Rebuild or Extend or Build a Additional House On The Lot. The Lot Has Future Potential. Easy Access To Hwy 7&8 And Amenities On The Boardwalk -

Multi-Family for sale: 26 FIRST STREET W, Cornwall

39 photos

$1,499,000

26 First Street W, Cornwall (717 - Cornwall), Ontario K6J 1B9

0 beds
0 baths
34 days

First and Pitt 5-BAY HEATED SHOP AND RESIDENTIAL 5-PLEX! This 5 unit apartment building conversion was completed in 2024. There are 4 one bedroom units and 1 two bedroom unit. Each unit is bright and modern with high ceilings and loft-like appeal. Each unit has in-suite laundry hookups,

Multi-Family for sale: 120-122 SYDNEY STREET, Cornwall

33 photos

$1,150,000

120-122 Sydney Street, Cornwall (717 - Cornwall), Ontario K6H 3H2

0 beds
0 baths
3 days

First Street East BEAUTIFULLY RENOVATED UNIQUE HISTORIC BRICK BUILDING IN DOWNTOWN LOCATION! Check out this very unique historic building which has been converted to an easy to maintain 5 Plex residential apartment building (5,272 sq.ft. as per MPAC). All renovations were completed with proper

70B DUNSTALL CRESCENT, Toronto

6 photos

$885,000

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

0 beds
0 baths
55 days

Lawrence Ave E & Beechgrove As-of right zoning for a 5 Plex (4 Plex + Garden Suite). Positive cash flow after construction. This project qualifies for special MI Select financing with low down payment, low interest rate (est. 3% or less) & 45 year amortization. Special financing only available

Other for sale: 906 KING STREET E, Cambridge

37 photos

$888,888

906 King Street E, Cambridge, Ontario N3H 3P3

8 beds
6 baths
18 days

Lowther and King Good value in this Cambridge Core 5 plex with very high cash flow opportunities. New paint and flooring in 4 vacant units ready to be rented. Building allows for residential or commercial use. Parking for 3 cars, garage/shop. Central downtown Preston location, on transit route

98 Kathleen Street, Sudbury

58 photos

$339,900

98 Kathleen Street, Sudbury, Ontario P3C 2L9

0 beds
0 baths
44 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

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
130 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

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
109 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

192/194 BURGAR STREET, Welland

20 photos

$999,850

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

6 beds
0 baths
56 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

House for sale: 210 YORK STREET, Minto

42 photos

$899,900

210 York Street, Minto (Minto), Ontario N0G 2P0

6 beds
5 baths
54 days

York and Main St Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have

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

35 photos

$3,299,000

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

6 beds
5 baths
81 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: 292 ST ANDREW STREET, Ottawa

17 photos

$1,775,000

292 St Andrew Street, Ottawa (4002 - Lower Town), Ontario K1N 5G7

0 beds
0 baths
53 days

St. Andrew St & King Edward Ave Invest in 292 St. Andrew Street, a well-maintained and income-generating 6-plex in a central downtown location. This solid, purpose-built property features five renovated units, offering a mix of two one-bedrooms and four large two-bedroom apartments. Recent

Other for sale: 382 BRANT STREET, Ottawa

24 photos

$999,999

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

5 beds
5 baths
56 days

Mcarthur Ave to Brant St. Updated & meticulously maintained 5-plex (R4UA zoning) 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

Multi-Family for sale: 33 FLINT AVENUE, Bancroft

8 photos

$1,150,000

33 Flint Avenue, Bancroft, Ontario K0L 1C0

0 beds
0 baths
16 days

Dale St & Flint Ave Attention Investors! Fully tenanted 5-plex in downtown Bancroft with AAA tenants & coin laundry This well-maintained 5-plex is a prime investment opportunity located in the heart of Bancroft's vibrant downtown core. With all five units tenanted by AAA tenants, this property

Fourplex for sale: 15-17 LLOYD STREET, Oshawa

50 photos

$898,000

15-17 Lloyd Street, Oshawa (Central), Ontario L1H 1X2

12 beds
4 baths
4 days

CENTRAL ST S & JOHN ST W Attention investors !! Prime Investment opportunity !This well maintained legal fourplex offers very strong rental income with all units leased to quality tenants at premium rents (no long term tenants) paying their own utilities, turnkey investment with impressive

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
206 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 offers

70A DUNSTALL CRESCENT, Toronto

7 photos

$885,000

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

0 beds
0 baths
55 days

Lawrence Ave E & Beechgrove As-of right zoning for a 5 Plex (4 Plex + Garden Suite). Positive cash flow after construction. This project qualifies for special MI Select financing with low down payment, low interest rate (est. 3% or less) & 45 year amortization. The special financing is

Fourplex for sale: 412 VICTORIA STREET N, Tweed)

20 photos

$849,000

412 Victoria Street N, Tweed) (Tweed (Village)), Ontario K0K 3J0

8 beds
4 baths
102 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

Multi-Family for sale: 168 Martel RD, Chapleau

4 photos

$329,000

168 Martel Rd, Chapleau (Chapleau), Ontario P0M 1K0

0 beds
0 baths
61 days

Attention investors!! Look no further! This 5 plex has great earning potential. Ample parking for all tenants and guests with a scenic back yard view. Economical propane heat, 2 Units with ductless heating/air 2020, boiler, , 5 separate meters, some updated. Call for a viewing today! (id:27476)

Multi-Family for sale: 69-73 LEONIA STREET W, Cornwall

20 photos

$728,000

69-73 Leonia Street W, Cornwall (717 - Cornwall), Ontario K6H 5L5

0 beds
0 baths
25 days

Easton Ave 5 unit apartment building, located in a good neighbourhood that is walking distance to many amenities. Unit 69A and 69B + public meter are on the same hydro meter. Unit 69 +69A+t69B +71, and 73.There are 4 electric meters and 1 gas meter. Some units have recently been updated.

House for sale: 12 CAVELL AVENUE, Toronto

2 photos

$1,299,000

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

3 beds
1 baths
71 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

Multi-Family for sale: 84 MAIN STREET, Timmins

2 photos

$499,000

84 Main Street, Timmins (SP - Main Area), Ontario P0N 1H0

0 beds
0 baths
73 days

Main St. and Shamrock Ave Exceptional 6-plex investment opportunity at 84 Main Street, Timmins. 6.95% CAP and 13% IRR! Detached two-storey multi-residential building featuring six units. Perfectly situated at the intersection of Main and Shamrock, the property provides tenants with convenient

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.