$1,399,900
For sale: Multiplex

RARELY AVAILABLE TUNNEY'S PASTURE FOURPLEX. Offered for the first time in approximately 40 years, 50 Holland Avenue presents a compelling investment in the heart of Wellington Village. This two-storey property features four fully furnished residential units, including a 2-bedroom, 1-bedroom and two bachelor-style units, along with four parking spaces, separately metered hydro and shared coin-operated laundry.Two of the four units are currently vacant, giving investors the flexibility to occupy a unit or lease both at current market rents.Adding to its investment potential, a lower-level storage area previously had a kitchen and already features its own bathroom, offering potential for conversion into a fifth bachelor unit, subject to approvals and permits. Recent capital improvements include a new roof and rear decks in 2023, plus an owned tankless hot water system and exterior paint completed in 2025.Location is a major draw, with Tunney's Pasture Station only a 3-minute walk away and Wellington Street West, Hintonburg, restaurants, cafés, shops, parks and everyday amenities all nearby. With multiple rental income streams, value-add potential and excellent access to transit and downtown, 50 Holland Avenue offers investors a rare chance to secure a multi-residential property in one of Ottawa's most connected urban neighbourhoods. Book your private showing today.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.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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