121 CARRUTHERS AVENUE, Ottawa

$1,584,000

For sale: Multiplex

Multiplex at 121 CARRUTHERS AVENUE, Ottawa
Property type
Triplex
Bedrooms / bathrooms
6 bedrooms, 5 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13696728
Neighbourhood
4201 - Mechanicsville

Updated triplex in the sought-after neighbourhood of Mechanicsville/Hintonburg. Strong income with significant capital improvements already completed. Ideally located near Tunney's Pasture and within walking distance of the O-Train, Ottawa River Parkway bike path, Westboro Beach, coffee shops, restaurants, parks, and amenities on Wellington Street. Net Income $72,968. Unit 1 ($3300/month) is a two-storey unit offering 3 bedrooms and 2.5 bathrooms. Unit 2 ($2550/month) features 2 bedrooms and 1 bathroom. Unit 3 ($2000/month) is a studio unit. The rear parking area accommodates 3 vehicles. Each unit enjoys a private entrance and dedicated outdoor space. Contact for the full investment package, including income, expenses, inclusions, and capital improvement details.

Sold data

Homes in Mechanicsville — recent sold market

Homes in Mechanicsville took a median of 37 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 62, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $502,400.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 21% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$502,400
Sale-to-list ratio
97.6%
Sold above asking
21%

Based on 38 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

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 Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

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

Currently for sale

Homes for sale near 121 CARRUTHERS AVENUE