816 GRENON AVENUE, Ottawa
$1,980,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 10 bedrooms, 6 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® X14155196
- Neighbourhood
- 6201 - Britannia Heights
EXCEPTIONAL SIX-UNIT INVESTMENT OPPORTUNITY! Welcome to 816 Grenon Avenue, a well-maintained, income-generating property offering six residential apartments, strong rental income, and extensive recent capital improvements. An excellent opportunity for investors seeking a turnkey multi-unit property with significant upgrades already completed. Brand new roof (2026), all windows replaced (2025), plumbing updated (2024), and electrical updated (2026). Two furnaces, one approximately four years old and the second 2026. Additional upgrades include all-new aluminum and vinyl siding (2026), a new driveway and parking lot for 7 vehicles (2026), and two new central A/C units (2026). The property is also equipped with a self-monitored CCTV security system with DVR recording and video footage & a storage shed. With extensive improvements to major building components, multiple rental income streams, and excellent long-term investment potential, this property is an outstanding addition to any real estate investment portfolio!
Sold data
Homes in Ottawa — recent sold market
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $644,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $644,900
- Sale-to-list ratio
- 97.9%
- Sold above asking
- 10%
Based on 2,349 recorded sales in the last 90 days. 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 Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 816 GRENON AVENUE
$1,799,000
Multiplex1565,000–100,000 sqft64 GENEST STREET, 3402 - Vanier, Ottawa
$7,490,000
Multiplex36285,000–100,000 sqft2176 BLOSSOM DRIVE, 3604 - Applewood Acres, Ottawa
$3,100,000
Multiplex16165,000–100,000 sqft468-476 MAIN STREET E, Stinson, Hamilton
$2,680,000
Multiplex1565,000–100,000 sqft520 HILSON AVENUE, 5003 - Westboro/Hampton Park, Ottawa
$1,299,000
Multiplex1865,000–100,000 sqft455 KING WILLIAM STREET, Landsdale, Hamilton
$1,599,900
Multiplex1485,000–100,000 sqft15 VICTORIA LANE, Zurich, Bluewater
$1,799,900
Multiplex22225,000–100,000 sqft724 YORK STREET, East L, London East
$1,990,000
Multiplex885,000–100,000 sqft1115 MILLWOOD AVENUE, 810 - Brockville, Brockville