5505 OSGOODE MAIN STREET, Ottawa

$485,000

For sale: Multiplex

Multiplex at 5505 OSGOODE MAIN STREET, Ottawa
Property type
Duplex
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13617278
Neighbourhood
1603 - Osgoode

In the heart of Osgoode, this unique income property offers the charm of village living with the convenience of an easy commute - just 35minutes to downtown Ottawa. Zoned Village Mixed-Use, possibilities include a variety of residential or future development opportunities. Dwelling 1 is currently tenanted at $1,500/month with an excellent long-term tenant and a lease secured through December 31, 2026, providing immediate, stable rental income. Dwelling 2 is owner-occupied and will be delivered vacant upon possession, making it ideal for owner occupancy or securing a new tenant in a community where rental demand remains strong and inventory is limited. Located close to schools, the local library, everyday amenities, scenic walking trails, and within walking distance to a popular local coffee shop. For outdoor enthusiasts, the property is located approximately 1 km from the river and nearby boat launch, providing easy access to boating, paddling, fishing, and waterfront recreation. Step outside and enjoy the peaceful backyard retreat - a perfect space to relax, entertain, or unwind after a long day. Recent updates completed by the current owner include :New roof (2016) New windows (2017) Water softener (2019) Electric panel upgrade (2020)Furnace &central A/C (2021) Hot water tank (2024).

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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 5505 OSGOODE MAIN STREET