$999,900
For sale: Multiplex

Fully Vacant. Immediate possession. The Glebe's most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century property offers immediate upside in one of Ottawa's strongest rental markets. The lower-level 1-bedroom unit features a private rear walkout and dedicated parking. The freshly painted main-floor 1-bedroom and the 2nd-floor 2-bedroom unit feature a den, skylights in the upper loft bedroom, and a south-facing deck, providing exceptional flexibility for investors or owner-occupiers. Additional features include 3 separate hydro meters, 3 parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck, and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe's unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential. Motivated seller. Bring offers.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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.
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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