$1,100,000
For sale: Multiplex

Incredible opportunity to add a solid triplex to your portfolio in an unbeatable location just a short walk from Ottawa U! Located right off campus and in the heart of Sandy Hill, the demand is always sky high and there is never a vacancy. A great unit split on the fully tenanted building which includes a large 3 bedroom, 2 bathroom apartment that spans the main and lower level. The second floor consists of a bright 2 bedroom with a private balcony, and the top floor is a charming 1 bedroom with its own dedicated fire escape. Each unit has its own laundry for added convenience. Great tenants and a headache free building, a perfect addition for your portfolio or ideal for someone wanting to live in Sandy Hill while offsetting their mortgage expense with rental income. Currently grossing $76,800.
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 22 days and the slowest quarter taking more than 73, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $889,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 39 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

$965,000
Multiplex50 AYLMER AVENUE, 4403 - Old Ottawa South, Ottawa

$900,000
Multiplex315 LAJOIE STREET, 3404 - Vanier, Ottawa

$1,275,000
Multiplex331 FLORA STREET, 4103 - Ottawa Centre, Ottawa

$1,329,000
Multiplex52 ST ANDREW STREET, 4001 - Lower Town/Byward Market, Ottawa

$999,000
Multiplex64 BAYSWATER AVENUE, 4203 - Hintonburg, Ottawa

$1,124,990
Detached26 PALMETO COURT, 8211 - Stittsville (North), Ottawa

$1,100,000
Detached16 BRIDLEGATE PLACE, 7604 - Craig Henry/Woodvale, Ottawa

$1,250,000
Semi-Detached/Link236 WOODROFFE AVENUE, 6002 - Woodroffe, Ottawa