341 CAMBRIDGE STREET N, Ottawa
$1,139,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 3 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13440700
- Neighbourhood
- 4205 - West Centre Town
Modern turnkey legal triplex in the heart of West Centre Town offering a rare combination of quality construction, stable income, and long-term investment potential. Fully occupied with reliable tenants, this well-maintained property features three self-contained one-bedroom loft-style residences generating approximately $65,252 in annual gross income. Each unit offers soaring 11-foot ceilings, oversized windows providing exceptional natural light, modern vinyl flooring, stylish kitchens with quartz countertops, and convenient in-suite laundry. All units include a refrigerator, stove, washer, and dryer. Situated on a deep 24.9 ft x 149 ft lot, the property also benefits from two dedicated parking spaces, separate utility meters, and a low-maintenance operating profile. Tenants pay their own utilities, with the landlord responsible only for water. Located just minutes from Downtown Ottawa with convenient access to major highways, transit, shopping, restaurants, and employment centres, this is an ideal opportunity for investors seeking a turnkey income-producing asset in a strong rental market. Potential may exist for an additional dwelling unit, subject to buyer due diligence and City approvals. Unit B offers flexible occupancy, with the tenant willing to remain or provide vacant possession, making this an ideal opportunity for both investors and owner-occupants seeking supplemental rental income.
Sold data
Multiplex homes in Ottawa — recent sold market
Multiplex homes in Ottawa took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 67, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $894,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
- Median days to sell
- 41
- Median sale price
- $894,000
- Sale-to-list ratio
- 96.3%
- Sold above asking
- 5%
Based on 40 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 341 CAMBRIDGE STREET N
$899,900
Multiplex432,000–2,500 sqft108 LEBRETON STREET N, 4205 - West Centre Town, Ottawa
$900,000
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$885,000
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$1,175,000
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Detached331,500–2,000 sqft58 FOREST GATE WAY, 7710 - Barrhaven East, Ottawa
$975,000
Semi-Detached/Link431,500–2,000 sqft850 TAVISTOCK ROAD, 6203 - Queensway Terrace North, Ottawa
$987,400
Townhouse332,000–2,249 sqft4 - 535 HILSON AVENUE, 5003 - Westboro/Hampton Park, Ottawa