202 ROCHESTER STREET, Ottawa

$1,550,000

For sale: Multiplex

Multiplex at 202 ROCHESTER STREET, Ottawa
Property type
Investment
MLS®
MLS® X13834104
Neighbourhood
4205 - West Centre Town

Investment opportunity in the heart of Ottawa's Centre town West/Little Italy. This well-positioned six-unit multi-residential property offers a strong combination of current income and future upside. Featuring three 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit, the property generates approximately $129,600 in gross annual rental income. The property benefits from rear parking, generous unit layouts, and opportunities to further optimize rents and operating expenses. Located steps from Preston Street and Chinatown, with convenient access to restaurants, retail, transit, and ongoing infill development throughout the surrounding area. A solid income-producing asset in a central Ottawa location with long-term investment potential.

Sold data

Multiplex homes in Ottawa — recent sold market

Multiplex homes in Ottawa took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 59, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $855,000.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$855,000
Sale-to-list ratio
97.2%
Sold above asking
7%

Based on 41 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

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 202 ROCHESTER STREET