$849,000
For sale: Multiplex

Welcome to this duplex building with 3 separate units. Live on one side and rent the other. Fantastic opportunity for investors. 25 Perkins is the middle building with two 1 bedroom units. 27 Perkins is an end unit with 2 bedrooms and parking spot out front. Over $46,000/yr net income. Next to Lebreton Flats and future home to the Ottawa Senators Stadium. Detailed pdf with expenses and income along with current tenant situation available. Minutes from the bridge to Gatineau, 2.5km from University of Ottawa, 2.2km from Elgin St, 6 minute walk to Pimisi LRT station, close to Little Italy and China Town. Lebreton Flats Master Concept Plan available upon request. The plan is based on public feedback and builds. LeBreton Flats is a 29-hectare site anchored by two LRT stations at Pimisi and Bayview that hosts the yearly Bluesfest festival and in the future will be the home of a new up-and-coming community (or hockey arena). 27 has central A/C, 25 does not. Property is on a quiet dead-end street. All properties are tenanted and wish to stay.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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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