$1,288,800
For sale: Multiplex

WOW! BUILT IN 2019, FULLY TENANTED, AND GENERATING $77,940 IN GROSS ANNUAL RENTAL INCOME! Discover this modern duplex with a secondary dwelling unit, ideally located in the heart of Vanier! Featuring THREE self-contained units, each thoughtfully designed with 2 bedrooms, 2 full bathrooms, bright open-concept living and dining areas, and contemporary finishes throughout. Each unit offers the convenience of private in-unit laundry, its own furnace and central air conditioning, separate hydro meters, and stylish laminate and tile flooring. Built in 2019, this property combines modern construction with practical layouts and independent utilities for added tenant comfort. FANTASTIC CENTRAL LOCATION! Enjoy being just moments from the shops, restaurants, and cafés of Beechwood Village, public transit, and the scenic Rideau River, with the ByWard Market and Centretown only minutes away. Situated in a charming, evolving neighbourhood with easy access to everyday amenities and Ottawa's vibrant downtown core. With all three units currently rented and producing $77,940 in gross annual rental income, this property offers immediate cash flow potential in a sought-after urban setting. THREE UNITS, SIX BEDROOMS, SIX BATHROOMS, AND ONE OUTSTANDING OPPORTUNITY!
Sold data
Homes in Vanier took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 60, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $479,000.
Homes sold for about 2.6% 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.
Based on 36 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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