$799,900
For sale: Multiplex

INVESTMENT OPPORTUNITY IN WEST CENTRETOWN! Ideally positioned in one of Ottawa's most sought-after urban neighbourhoods, this well-located duplex offers an excellent opportunity for investors seeking a versatile income property with two separate residential units. Each unit occupies its own level and features two bedrooms, providing attractive layouts for tenants seeking comfortable inner-city living. The upper unit also enjoys a private second-floor balcony, while both units benefit from access to the backyard. Additional features include a detached garage and two rear parking spaces, conveniently accessed from the laneway/street behind Spadina Avenue-an exceptional amenity in this central location. The real value is the location. Situated in West Centretown, residents are surrounded by an outstanding mix of restaurants, cafés, grocery stores, shops, fitness studios, services and entertainment. Bank Street, Somerset Street West and the broader Centretown area offer an abundance of everyday amenities within easy reach. The neighbourhood is highly walkable and well connected by public transit, with convenient access to downtown, the O-Train network, Highway 417 and major employment, education and cultural destinations. (Centretown Ottawa)Enjoy close proximity to Chinatown and Little Italy, the Ottawa River pathways, parks and recreation, and the many attractions of downtown Ottawa. Centretown's established mix of residential, commercial and employment uses continues to make it an attractive choice for tenants seeking an urban lifestyle with convenience at their doorstep. (Centretown Citizens Ottawa Corporation)A fantastic opportunity to add a well-positioned duplex to your portfolio, live in one unit while renting the other, or capitalize on the enduring appeal of central Ottawa living. Minimum 48hrs notice to schedule any and all showings.
Sold data
Homes in Hintonburg took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 36, across 67 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.
The median sale price was $699,900.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 9% of sellers reduced their price before finding a buyer.
Based on 67 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.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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