64 DELAWARE AVENUE, Ottawa

$2,250,000

For sale: Multiplex

Multiplex at 64 DELAWARE AVENUE, Ottawa
Property type
Investment
MLS®
MLS® X13481460
Neighbourhood
4104 - Ottawa Centre/Golden Triangle

Rare opportunity to acquire a meticulously restored and fully furnished 5-plex in the heart of Ottawa. Originally constructed around 1900, this stately red-brick property seamlessly blends historic character with extensive modern upgrades, creating a turnkey investment opportunity. Vacant and ready for immediate occupancy, investors can set market rents from day one, while owner-operators have the flexibility to live in one suite and rent the others. The building showcases timeless architectural details, including original hardwood floors, grand staircases, decorative fireplaces, soaring ceilings, oversized windows and period millwork, all thoughtfully preservd and complemented by tasteful updates throughout. Each suite is beautfully appointed and fully furnished, offering a move-in-ready exerience for tenants or short-term rental operators. Extensive improvements have already been completed, leaving virtually nothing to do but collect income. The property features updated kitchens and baths, modern finishes, well-maintained mechanical systems, attractive common areas, and exceptional curb appeal. Multiple balconies and outdoor sitting areas enhance the living experience, while the impressive corner-lot presence reflects the property's rich heritage. A rare bonus in this central urban location is the abundance of on-site parking, with space for 5+ vehicles, providing exceptional convenience for residents and guests alike. Situated within walking distance of Ottawa's vibrant downtown core, restaurants, cafes, shopping, transit, parks and major employment hubs, ideal for investors! Whether your vision is long-term rentals, furnished executive suites, multi-generational living, or a hybrid investment strategy, this exceptional property offers flexibility, character, and income potential in one of Ottawa's most sought-after locations. A true turnkey heritage investment-fully furnished, vacant, beautifully updated and ready for its next chapter!

Sold data

Multiplex homes in Ottawa — recent sold market

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.

Median days to sell
40
Median sale price
$884,450
Sale-to-list ratio
97.4%
Sold above asking
7%

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

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell AvenueelementaryFraser rating 8.5/10
  • Agincourt RoadelementaryFraser rating 8.4/10
  • First AvenueelementaryFraser rating 8.4/10
  • NepeansecondaryFraser rating 8.3/10
  • ElmdaleelementaryFraser rating 8.2/10
  • Jean-Robert GauthierelementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 64 DELAWARE AVENUE