466 MACLAREN STREET, Ottawa

$1,295,000

For sale: Multiplex

Multiplex at 466 MACLAREN STREET, Ottawa
Property type
Multiplex
Bedrooms / bathrooms
3 bedrooms, 5 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13760452
Neighbourhood
4103 - Ottawa Centre

Desirable and rarely available - an attractive, well maintained, fully leased, 5-unit apartment building in Centertown. Easy to lease, manage and operate. Major capital improvement completed in the past 10yrs including boiler, roof, driveway, electrical meters, updated common areas and unit interiors. 2 parking spaces. Please contact Listing Agent for financials. Unit Mix = 1-2bed, 1-1bed, 3-studios. Rental Income = $97,520 ; Expenses = $26,093 (incl $500/unit/yr maintenance) ; Net Income = $71,427

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 22 days and the slowest quarter taking more than 73, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.

The median sale price was $889,000.

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

About 8% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$889,000
Sale-to-list ratio
96.8%
Sold above asking
8%

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 466 MACLAREN STREET