$559,900
For sale: Multiplex

SET YOUR OWN RENTS - STRONG CASH FLOW OPPORTUNITY! Look no further than this income-generating duplex, perfectly positioned on a spacious 42.45 ft x 89.83 ft lot bursting with development potential - a rare find for savvy investors looking to build long-term equity and cash flow in one package. The main level unit boasts a generous 4-bedroom layout with a full bathroom and in-unit laundry, offering ample space for a family or roommate setup, while the fully finished basement adds a 5th bedroom and a second full bathroom maximizing rental potential and flexibility. Upstairs, the second level unit features 2 bright bedrooms, 1 full bathroom, a well-appointed kitchen, and the added convenience of in-unit laundry. Both units are separately metered for hydro, giving owners flexibility and reduced utility overhead. The entire property has been freshly painted throughout and features a brand-new 2025 A/C unit, meaning less upkeep and more peace of mind from day one. A newer shed is also included with the purchase, offering great additional storage space. With 7 bedrooms and 3 bathrooms total, this property is built for hassle-free, high-demand rental income. Situated in a thriving, rapidly developing neighborhood, it's just minutes from major university, the downtown core, public transit, restaurants, and everyday shopping and amenities - everything tenants look for in a rental. Lots of this size, configuration, and development upside are increasingly hard to find in this market. Whether you're expanding your portfolio or purchasing your first income property, this is a rare opportunity you don't want to miss. Book your private showing today - opportunities like this don't last long!
Sold data
Multiplex homes in Ottawa took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 61, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $867,000.
Homes sold for about 2.8% 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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