$1,475,000
For sale: Multiplex

This Glebe property has 3 self-contained units. The property has two 2-bedroom apartments and a 3-bedroom apartment. Each unit has its own heating and cooling, hot water tank, laundry, hydro, gas and water metering. Substantially renovated top to bottom between 2021 and 2022, the property features major updates to plumbing, electrical, windows, bathrooms, appliances, insulation, lighting, HVAC and Landscaping. Plumbing was completely replaced. All light fixtures updated to LED throughout. The basement was waterproofed with interior wrap, weeping tile and sump pit, then spray foam insulated ahead of the 2-bedroom apartment being created in 2021. Cellulose insulation added in the attic. Water meter increased to 3/4 inch with individual metering available. Ask for the full list of updates! The main floor 2-bedroom unit is leased month-to-month for $2,568 per month plus hydro and gas, also includes the front parking pad. The basement unit is month to month for $2,038 per month including utilities, with no parking. The top unit is owner-occupied, creating an excellent opportunity for an owner-occupier or the new owner can set a new rent. This property is perfect for multi-generational living or investor seeking a solid Glebe rental property. Wide private driveway and carport-style garage. Turn-key property done top to bottom with over 3,100 sq.ft. of finished living space. Convenient Glebe location with easy access to Lansdowne, the Canal, parks, restaurants, shops and transit. A clean, income-producing Glebe asset with the hard, expensive work already completed. 24 hours' notice required for showings. 24 hours irrevocable on all offers. Book a viewing today!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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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