$999,000
For sale: Multiplex

Rare purpose-built 4-plex in the heart of Hintonburg, one of Ottawa's most sought-after urban neighbourhoods. All four self-contained one-bedroom units are fully tenanted, with three units offering the added benefit of two separate entrances. Each unit comes with its own dedicated parking space, accessed via rear lane. The separate unfinished basement presents a straightforward opportunity to add coin-operated laundry and generate additional income. Zoned R4H within a Major Transit Station Area, this property offers strong holding income today and compelling future development potential. Walk to Bayview LRT, Hintonburg's independent shops, cafés, and restaurants. A great investment in a location where demand doesn't slow down.
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 24 days and the slowest quarter taking more than 67, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $894,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 40 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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