101 GROSVENOR AVENUE, Ottawa

$900,000

For sale: Multiplex

Multiplex at 101 GROSVENOR AVENUE, Ottawa
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13732550
Neighbourhood
4403 - Old Ottawa South

An excellent investment opportunity in one of Ottawa's most desirable neighbourhoods. Located in Old Ottawa South, the property offers a rare chance to put money into a well-situated home with strong long-term appeal, close to the Canal, Lansdowne Park, and the Glebe.The property is configured as a duplex with a third unit in the basement, providing flexible income potential. One unit has a long-term tenant already in place, while the other unit and the basement suite require work to bring them up to standard. This creates an opportunity for an investor to improve the property and add value over time.With its prime location, solid structure, and infill potential, this is a compelling opportunity for someone looking to invest in a great neighbourhood and unlock the property's full potential. Property has 2 addresses, 44 Glen Ave (Tenanted) and 101 Grosvenor Ave (Vacant) . Property is being sold as-is.

Sold data

Multiplex homes in Ottawa — recent sold market

Multiplex homes in Ottawa took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 67, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.

The median sale price was $894,000.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$894,000
Sale-to-list ratio
96.3%
Sold above asking
5%

Based on 40 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell AvenueelementaryFraser rating 8.5/10
  • Agincourt RoadelementaryFraser rating 8.4/10
  • First AvenueelementaryFraser rating 8.4/10
  • NepeansecondaryFraser rating 8.3/10
  • ElmdaleelementaryFraser rating 8.2/10
  • Jean-Robert GauthierelementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 101 GROSVENOR AVENUE