$1,599,900
For sale: Multiplex

An exceptional investment opportunity in a prime Ottawa location. This meticulously maintained triplex comprises three renovated 3-bedroom units, each updated to a high standard with modern finishes and thoughtful layouts designed for comfort and functionality. The property has been extensively improved and offers strong income potential in both traditional and alternative rental configurations. Based on current market conditions, estimated rental income ranges from approximately $3,600-$4,800 per month per unit, representing a compelling opportunity for investors. All units are being sold unfurnished. Select furnishings may be made available by separate negotiation. A turnkey multi-unit asset offering flexibility, quality construction, and long-term value.
Sold data
Homes in Lower Town Byward Market took a median of 49 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 73, across 59 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 111 days.
The median sale price was $424,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 59 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
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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