$799,000
For sale: Multiplex

This exceptional duplex property features three distinct units, offering a fantastic opportunity for investors or owner-occupants. You can live in the largest unit and rent the other two as the spacious 2-bedroom end unit at 27 Perkins is vacant as of Nov 1. This unit also features central A/C and a dedicated front parking spot. The middle building at 25 Perkins includes two 1-bedroom units, both currently tenanted with occupants who wish to stay. All 3 units generate over $46,000 in net annual income. The property is situated on a quiet dead-end street next to Lebreton Flats, the site of the annual Bluesfest and the future home of the Ottawa Senators stadium. It offers incredible accessibility, located just a 6-minute walk from the Pimisi LRT station, minutes from the Gatineau bridge, and just over 2km from both the University of Ottawa and Elgin Street, with Little Italy and Chinatown nearby. A detailed PDF of expenses, income, and the Lebreton Flats Master Concept Plan is available upon request.
Sold data
Homes in West Centre Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $608,450.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 132 recorded sales in the last 1 year. 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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