$768,900
For sale: Multiplex

Located in the heart of Ottawa's vibrant West Centretown/Hintonburg area, 57 Spadina Avenue offers an incredible investment opportunity in one of the city's most sought-after rental pockets. This duplex features two 1-bedroom apartments, currently vacant - ideal for owner occupancy, setting your own rent, or completing updates before leasing. This property offers strong income potential and plenty of upside for investors, or handy buyers looking to add value. R4H Zoning, with parking in the 2 car detached garage in the rear of the property. While the building could benefit from some updating and TLC, the unbeatable location makes this an opportunity you won't want to miss. You will love being steps to Wellington Street West, trendy cafés, restaurants, local shops, grocery stores, parks, and everyday amenities. Walking distance to Tunney's Pasture, the LRT, major transit routes, bike paths, and just minutes to downtown, Little Italy, and Civic Hospital. A fantastic chance to invest in a thriving urban neighbourhood with continued growth and demand. Great potential, exceptional location, and endless possibilities at 57 Spadina Avenue.
Sold data
Homes in Hintonburg took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 36, across 67 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.
The median sale price was $699,900.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 9% of sellers reduced their price before finding a buyer.
Based on 67 recorded sales in the last 1 year — 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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