$799,900
For sale: Multiplex

Unlock a lucrative, turnkey investment or ultimate live-in-plus-income opportunity with this charming 1922-built duplex at 56 Smirle Ave, perfectly positioned in the heart of high-demand Hintonburg and Tunney's Pasture. With both units now completely vacant, this property delivers a rare slate for savvy investors eager to capitalize on peak market rents immediately, execute high-ROI cosmetic or structural renovations to rapidly accelerate equity, or move straight into either bright unit while renting out the other to comfortably offset carrying costs. Recent major peace-of-mind upgrades feature a complete electrical system overhaul in 2026 with a brand-new panel and two separate meters, a durable roof replaced in 2014 and maintained in 2020, a yearly serviced furnace, and convenient shared basement laundry. Complete with a detached garage, a private driveway, and remarkably reasonable property taxes, this dynamic offering puts you steps from trendy shops, artisanal cafés, scenic parks, and the Tunney's Pasture LRT station. Properties combining this level of absolute flexibility, prime urban location, and vacant possession are exceptionally hard to find-schedule your visit as soon as possible before this opportunity disappears.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.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.
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
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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