$899,900
For sale: Multiplex

Fantastic opportunity to own a triplex in an exceptional Centretown location! This fully tenanted building offers a nice unit mix. The entire main level is a very large 3 bedroom unit with a sunroom on one end and a balcony on the other. Upstairs, you'll find a bright and spacious 1 bedroom with balcony and a large studio with lots of character and its own sunroom. The basement has untapped potential and currently offers additional storage space. A long paved driveway and detached garage offer plenty of parking. Close to LRT, highway access, and near future development site of Lebreton Flats. Currently grossing $57,600 annually with room to grow!
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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.
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
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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