322-324 QUEEN MARY STREET, Ottawa

$750,000

For sale: Multiplex

Multiplex at 322-324 QUEEN MARY STREET, Ottawa
Property type
Investment
MLS®
MLS® X14089798
Neighbourhood
3502 - Overbrook/Castle Heights

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urbancores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms eachrented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location.Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility.

Sold data

Multiplex homes in Ottawa — recent sold market

Multiplex homes in Ottawa took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 59, across 49 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $840,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$840,000
Sale-to-list ratio
96.8%
Sold above asking
6%

Based on 49 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

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 322-324 QUEEN MARY STREET