$2,100,000
For sale: Multiplex

Opportunity awaits! CAP RATE 7.55%. Perfect for visionary investors or ambitious home buyers seeking a revitalization project in the vibrant Lebreton Flats. Three refreshed century townhomes with original charm in a quiet neighbourhood are part of this exceptional real estate opportunity. Built in 1905, each home boasts 4 spacious bedrooms two equipped with 3 full bathrooms and one with 2.5 bathrooms along with partially finished basements. Separate utilities - forced air heating, on-demand tankless hot water, and air conditioning. Set on a generous lot of 56 x 84 feet and just steps away from the exciting new Sens arena development, LRT, and so much more. Severance potential adds further value and flexibility for future development. Don't miss out on this remarkable opportunity to make your mark in a thriving community!
Sold data
Homes in West Centre Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 132 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $608,450.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 132 recorded sales in the last 1 year. 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

$1,998,000
Multiplex152 GOULBURN AVENUE, 4004 - Sandy Hill, Ottawa

$1,696,000
Multiplex475 MACLAREN STREET, 4103 - Ottawa Centre, Ottawa

$1,375,000
Multiplex514 LYON STREET N, 4103 - Ottawa Centre, Ottawa

$1,175,000
Multiplex315-317 BOOTH STREET, 4205 - West Centre Town, Ottawa

$1,339,900
Multiplex244 WESTHAVEN CRESCENT, 5003 - Westboro/Hampton Park, Ottawa

$1,595,000
Multiplex447 - 449 GREEN AVENUE, 3201 - Rockcliffe, Ottawa

$1,175,000
Multiplex315-317 BOOTH STREET, 4205 - West Centre Town, Ottawa

$1,299,000
MultiplexA AND B - 46 ASHBURN DRIVE, 7202 - Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills, Ottawa