227 BLACKBURN AVENUE, Ottawa

$2,599,000

For sale: Multiplex

Multiplex at 227 BLACKBURN AVENUE, Ottawa
Property type
Fourplex
Bedrooms / bathrooms
16 bedrooms, 8 bathrooms
Living area
699 sqft
MLS®
MLS® X13410974
Neighbourhood
4004 - Sandy Hill

Modern Fourplex located in Sandy Hill, offering fully furnished 4 bedrooms and 2 bathrooms with a washer & dryer in every unit. Built in 2020, in a prime rental location, close to downtown, the By-ward Market, the Rideau Canal and more specifically, the University of Ottawa, this property is a CASH-COW with with one of the lowest vacancy rates in the City. The security & keypad system allows the Tenants to have peace of mind and easy access. These units offer modern amenities not found in other rental properties. Net Income $116,709.03/2025

Sold data

Homes in Sandy Hill — recent sold market

Homes in Sandy Hill took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 66, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $449,900.

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

Median days to sell
32
Median sale price
$449,900
Sale-to-list ratio
96.8%
Sold above asking
8%

Based on 132 recorded sales in the last 1 year. 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 227 BLACKBURN AVENUE