550 GUY STREET, Ottawa
$1,799,900
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 9 bedrooms, 6 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® X13484064
- Neighbourhood
- 3502 - Overbrook/Castle Heights
Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $97,968 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. "Ottawa's landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!"
Sold data
Multiplex homes in Ottawa — recent sold market
Multiplex homes in Ottawa took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $884,450.
Homes sold for about 2.6% 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.
- Median days to sell
- 40
- Median sale price
- $884,450
- Sale-to-list ratio
- 97.4%
- Sold above asking
- 7%
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
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 550 GUY STREET
$1,995,000
Multiplex10+263,500–5,000 sqft824 KIRKWOOD AVENUE, 5301 - Carlington, Ottawa
$1,985,000
Multiplex11+363,500–5,000 sqft72 PRETORIA AVENUE, 4402 - Glebe, Ottawa
$2,575,000
Multiplex8+263,500–5,000 sqft11 #'S1-3; 13 #'S 1-3 - 13 ACACIA AVENUE, 3302 - Lindenlea, Ottawa
$1,100,000
Multiplex652,000–2,500 sqft205 MARIER AVENUE, 3402 - Vanier, Ottawa
$1,299,000
Multiplex862,500–3,000 sqft3 - 2249 PAGE ROAD, 2009 - Chapel Hill, Ottawa
$1,658,000
Multiplex8+282,500–3,000 sqft269-271 QUEEN MARY STREET, 3502 - Overbrook/Castle Heights, Ottawa
$1,499,900
Multiplex662,500–3,000 sqft1442 CLAYMOR AVENUE, 4702 - Carleton Square, Ottawa
$2,099,900
Multiplex843,000–3,500 sqft380 FIRST AVENUE, 4401 - Glebe, Ottawa