$2,399,999
For sale: Multiplex

Welcome to 290-292 Daly Avenue, an exceptional multi-unit investment opportunity in the heart of Sandy Hill. This well-maintained property features six legal units plus one additional unit, offering excellent income potential in one of Ottawa's most desirable rental locations .The building consists of five spacious two-bedroom units and two one-bedroom units, all thoughtfully designed with unique layouts, character, and charm. Situated on the prominent corner of Daly Avenue and Chapel Street, this attractive multi-family property benefits from strong rental demand and an unbeatable location. Just steps from embassies, residential neighborhoods, and major amenities, tenants enjoy walking-distance access to Parliament Hill, the ByWard Market, the Rideau Canal, the University of Ottawa, Rideau Centre, and much more. Whether you are looking to expand your investment portfolio or acquire a prime income-producing asset, this is an opportunity you do not want to miss. Book your private showing today!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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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