240 BLACKBURN AVENUE, Ottawa
$3,980,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 18 bedrooms, 6 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® X13699172
- Neighbourhood
- 4004 - Sandy Hill
Prime investment opportunity at 240 Blackburn Avenue, ideally located in the heart of Sandy Hill, just minutes from the University of Ottawa, downtown, LRT, shops, restaurants and everyday amenities. This substantial 6-unit property offers an impressive configuration with a total of 18 bedrooms, including two studio units, 10 bathrooms and 6 kitchens. The property consists of a mix of spacious multi-level units and self-contained studios, providing a versatile layout well suited to the area's strong rental market. Several units feature in-unit laundry, multiple bathrooms and generous living spaces, while additional features include a balcony, rooftop patio and a common living area with direct access to the backyard. A rare opportunity to acquire a large multi-unit asset in one of Ottawa's most established and centrally located rental neighbourhoods. Floor plans and additional property information available.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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 240 BLACKBURN AVENUE
$1,985,000
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$2,690,000
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$2,899,000
Multiplex1682,000–2,500 sqft5 QUEEN STREET, 801 - Kemptville, North Grenville
$1,696,000
Multiplex863,500–5,000 sqft475 MACLAREN STREET, 4103 - Ottawa Centre, Ottawa
$1,800,000
Multiplex1061,100–1,500 sqft12 SCACE AVENUE, 810 - Brockville, Brockville
$2,200,000
Multiplex22+1283,500–5,000 sqft203-205 MARIER AVENUE, 3402 - Vanier, Ottawa
$849,900
Multiplex9553,000–3,500 sqft207 STEWART STREET, Town Ward 3, Peterborough
$1,379,000
Multiplex1163,500–5,000 sqft118 MARIER AVENUE, 3402 - Vanier, Ottawa