24 NEWHAVEN STREET, Ottawa

$865,000

For sale: Multiplex

Multiplex at 24 NEWHAVEN STREET, Ottawa
Property type
Duplex
Bedrooms / bathrooms
7 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13874062
Neighbourhood
7606 - Manordale

Welcome to 24 Newhaven Street! Turnkey legal duplex on an oversized 75' x 100' lot in a quiet, established pocket of Nepean. 24 Newhaven Street is tenanted and recently renovated, currently generating $60,900 in annual gross income. It offers investors strong, stable cash flow and owner occupiers the option to live in one unit while the other helps pay the mortgage. The upper unit offers 4 bedrooms and 1 bathroom, and the lower unit offers 3 bedrooms and 1 bathroom. Both units were renovated in 2025-2026 with new kitchens, new bathrooms, pot lighting and updated finishes throughout. The property has been well maintained, with no expected maintenance or major repairs, making this a truly hands off investment. Legal duplex status is supported by an occupancy permit on file. Gas heat keeps operating costs efficient. Location is a major draw. A bus route runs directly across the street, and Algonquin College's Woodroffe campus and Baseline Station are just a short drive away, making this an easy rent for students and young professionals. A park is just around the corner, and everyday shopping including Metro at the Greenbank Hunt Club Centre is close by. College Square, Merivale Road shopping and Queensway Carleton Hospital are all within minutes. The large lot provides ample parking, a generous yard and potential to add value in the future, subject to city approvals. Whether you are growing a rental portfolio or looking for a mortgage helper in a high demand rental area, this is a low maintenance, income producing property ready from day one. Tenanted, 24 hours notice required for all showings. Listing agent is a partial owner.

Sold data

Homes in Ottawa — recent sold market

Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,342 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $649,000.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$649,000
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 2,342 recorded sales in the last 90 days. 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 24 NEWHAVEN STREET