Magnara Properties Inc. acquires single-family homes in established Ottawa neighbourhoods and transforms them into multi-unit rental properties with purpose-built Additional Dwelling Units. We hold long-term and manage professionally.
Magnara Properties Inc. was founded on a simple idea: buy quality properties in quality neighbourhoods, improve them thoughtfully, and hold them for decades. Not flips. Not spec. Real housing that serves real tenants.
We focus on Ottawa's established residential areas — Beacon Hill, Kanata, Barrhaven, Knoxdale — where family homes sit on lots large enough for purpose-built Additional Dwelling Units. By adding 1-2 units to an existing property, we increase housing supply without changing the character of the neighbourhood.
Every property is professionally managed. Every renovation is permitted and inspected. We don't cut corners because we plan to own these buildings for the next 20 years.
Properties in pipeline
Units per property
Hold horizon
Direct-to-owner, no agent fees
We don't play games. If your property fits what we're looking for, we'll make a fair offer and close when you're ready.
Properties on large lots in established Ottawa neighbourhoods with redevelopment potential. We target areas we know well.
Permitted renovations create Additional Dwelling Units — basement suites, garden suites, or main-floor refreshes. All inspected, all above board.
Long-term ownership with professional management. We're not flipping — we're building a portfolio that lasts.
If you own a home in Ottawa on a lot that could accommodate additional units, we'd love to talk. We're cash buyers — no financing conditions, no bank delays. No realtor fees, no open houses, no staging, no hassle. We close when you're ready.
Tell us about your property and we'll run our analysis behind the scenes. If it fits what we're looking for, we'll call you with a no-obligation offer. No pushy sales. Just a straight answer.
Incorporated in Ontario
Magnara Properties Inc.