$699,900
For sale: Multiplex

Exceptional investment opportunity in the heart of downtown Ottawa, just steps from Somerset Street and within walking distance of shops, restaurants, transit, and everyday amenities. This unique property features two houses on one lot, offering two fully self-contained units, each with separate entrances and two levels of living space.The larger unit features 2 bedrooms, 1 bathroom, an updated kitchen, vaulted ceilings, and a spacious, functional layout. The second unit offers 1 bedroom, 1 bathroom, vaulted ceilings, and its own comfortable living space. Both units enjoy access to two shared decks, offering excellent outdoor living space with the potential to designate separate areas for each unit. Ample parking adds further convenience in this sought-after central location.An ideal opportunity for investors looking to generate rental income or for owner-occupants seeking to offset their mortgage by living in one unit while renting out the other. Enjoy the flexibility of having a property that works for you, whether you're building your investment portfolio, looking for additional income, or seeking a versatile downtown residence. A rare opportunity to own a unique multi-unit property in the heart of Ottawa!
Sold data
Homes in Ottawa Centre took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 51, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $427,450.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 80 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.
Currently for sale

$765,000
Multiplex187 CLUNY STREET, 3602 - Riverview Park, Ottawa

$699,999
Apartment202 - 374 COOPER STREET, 4102 - Ottawa Centre, Ottawa

$749,900
Detached1340 LEASIDE AVENUE, 5301 - Carlington, Ottawa

$749,900
Detached99 HURON AVENUE N, 4302 - Ottawa West, Ottawa

$988,000
Multiplex20 PRIMROSE AVENUE, 4204 - West Centre Town, Ottawa

$885,000
Multiplex253 FRECHETTE STREET, 3402 - Vanier, Ottawa

$749,900
Multiplex498 GLADSTONE AVENUE, 4103 - Ottawa Centre, Ottawa

$544,900
Multiplex267 PARK STREET, 3402 - Vanier, Ottawa