$1,389,900
For sale: Multiplex

A rare income-generating opportunity in one of Ottawa's most coveted neighbourhoods. This fully operational fourplex sits on an exceptionally large lot in the heart of Westboro, offering four well-appointed units, each with two bright bedrooms, a full bathroom, an open-concept living and dining area, a generous kitchen, and dedicated storage space - designed with modern tenants in mind.Outside, a spacious backyard provides room to relax or entertain, while the oversized lot opens the door to significant long-term development potential, including future additions or new builds.The Westboro location is second to none. A short walk or drive from boutique shops, independent cafés, restaurants, and everyday essentials, the neighbourhood draws a consistent pool of quality tenants. Outdoor lovers will appreciate easy access to Westboro Beach and the Ottawa River Pathway - ideal for cycling, kayaking, and waterside recreation year-round. Top-rated schools, vibrant community parks, and a thriving cultural scene round out the appeal. Whether you're a seasoned investor or looking to enter the multi-family market, 244 Westhaven Crescent delivers immediate rental income with room to grow.
Sold data
Multiplex homes in Ottawa took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 42 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $884,450.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 42 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
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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