38-40 QUEEN STREET, North Stormont
$1,589,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 9 bedrooms, 9 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® X13803610
- Neighbourhood
- 711 - North Stormont (Finch) Twp
A RARE 9-UNIT INVESTMENT OPPORTUNITY! Offering flexibility, strong income potential and a unique multi-residential setup, this well-maintained property is one you'll want to take a closer look at. Currently designed with senior living and accessibility in mind, Spread across two separate buildings, 38 Queen Street features 3 units while 40 Queen Street offers 6 units. Each unit is equipped with five appliances, in-floor radiant heating and wall-unit air conditioning for year-round comfort. The thoughtful layouts and accessible design make the property well suited for senior living while offering versatility for a broader rental market. Whether you're expanding your portfolio, exploring senior housing or looking for a distinctive multi-unit apartment investment, opportunities like this are hard to find!
Sold data
Homes in North Stormont Finch Twp — recent sold market
Homes in North Stormont Finch Twp took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 76, across 39 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $465,000.
Homes sold for about 1.2% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
- Median days to sell
- 32
- Median sale price
- $465,000
- Sale-to-list ratio
- 98.8%
- Sold above asking
- 10%
Based on 39 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 38-40 QUEEN STREET
$760,000
Multiplex975,000–100,000 sqft49/51 BRIDGE STREET W, 58 - Greater Napanee, Greater Napanee
$1,899,000
Multiplex1565,000–100,000 sqft64 GENEST STREET, 3402 - Vanier, Ottawa
$1,799,000
Multiplex685,000–100,000 sqft154 WILLIAM STREET, Victoria Harbour, Tay
$2,780,000
Detached855,000–100,000 sqft1318 LISGAR ROAD, 3201 - Rockcliffe, Ottawa
$1,489,000
Detached1075,000–100,000 sqft3400 BALDWICK LANE, Rural Springwater, Springwater
$3,269,000
Detached665,000–100,000 sqft224 ROGER ROAD, 3606 - Alta Vista/Faircrest Heights, Ottawa
$3,998,000
Detached575,000–100,000 sqft1545 LORDS MANOR LANE, 8005 - Manotick East to Manotick Station, Ottawa
$3,248,800
Detached7+195,000–100,000 sqft2166 10TH SIDE ROAD, Rural Bradford West Gwillimbury, Bradford West Gwillimbury