388 WINSTON AVENUE, Ottawa

$1,550,000

For sale: Multiplex

Multiplex at 388 WINSTON AVENUE, Ottawa
Property type
Triplex
Bedrooms / bathrooms
6 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14101292
Neighbourhood
5102 - Westboro West

Exceptional investment opportunity in the heart of Westboro! This income-generating triplex features three spacious 2-bedroom, 1-bathroom units, each with updated kitchens and bathrooms, functional layouts, and the convenience of in-unit laundry. Each unit is individually metered for hydro and gas, offering added convenience and potential savings for ownership. With three separate units and three parking spaces, this property offers excellent income potential and an opportunity to build long-term wealth in one of Ottawa's most desirable rental markets. The well-designed floor plans and sought-after two-bedroom configurations appeal to a broad range of tenants. Ideally located steps from Westboro's trendy shops, restaurants, cafés, parks, and convenient transit, this property combines a prime location with strong rental appeal. An excellent opportunity to expand your investment portfolio in a highly desirable Ottawa neighbourhood!

Sold data

Homes in Westboro West — recent sold market

Homes in Westboro West took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 53, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $950,000.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$950,000
Sale-to-list ratio
97.6%
Sold above asking
10%

Based on 39 recorded sales in the last 1 year — 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 388 WINSTON AVENUE