323 LEVIS AVENUE, Ottawa

$799,900

For sale: Multiplex

Multiplex at 323 LEVIS AVENUE, Ottawa
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 6 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13768418
Neighbourhood
3404 - Vanier

Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors.

Sold data

Homes in Vanier — recent sold market

Homes in Vanier took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 61, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $450,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$450,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 39 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 323 LEVIS AVENUE