25-35 BERTRAND STREET, Ottawa

$1,949,000

For sale: Multiplex

Multiplex at 25-35 BERTRAND STREET, Ottawa
Property type
Investment
MLS®
MLS® X12229746
Neighbourhood
3302 - Lindenlea

An incomparable investment opportunity in one of Ottawa's most sought-after neighborhoods awaits savvy investors. In the heart of Lindenlea, 6 rental units await all the benefits of an advantageous address: minutes to amenities and specialty shops of Beechwood Village, Global Affairs and the Byward Market. Steps to transit for a swift commute downtown or out of the city. Surrounded by bike paths, parks and heritage homes, this opportunity is an optimal long term investment for the right portfolio. At approximately 1000 sq.ft each, these units boast generous spaces that are difficult to find in todays rental market. Each well maintained suite features 2 bedrooms, full bath, bright living spaces, laundry, and a private garden. With room for a BBQ or urban garden, the appeal and ease with which to attract tenants is ready-made. Some lower levels are finished, while others await customization. Take advantage of this project which offers excellent value to get in on the ground floor and reap the benefits.

Sold data

Homes in Lindenlea — recent sold market

Homes in Lindenlea took a median of 14 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 24, across 48 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 17 days.

The median sale price was $899,500.

Homes sold for about 0.6% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
15
Median sale price
$899,500
Sale-to-list ratio
99.4%
Sold above asking
29%

Based on 48 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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 25-35 BERTRAND STREET