84 ANDERSON STREET, Ottawa

$774,900

For sale: Multiplex

Multiplex at 84 ANDERSON STREET, Ottawa
Property type
Triplex
Bedrooms / bathrooms
3 bedrooms, 3 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13696538
Neighbourhood
4205 - West Centre Town

Welcome to 84 Anderson Street, a fantastic investment opportunity in the heart of Ottawa's vibrant Little Italy! Offering a 5.5%+ cap rate, this well-located triplex is perfectly positioned between Preston Street and Chinatown, delivering exceptional walkability and strong rental appeal. The property features three self-contained units, each with convenient in-unit laundry. Apartment 1 is a lovely 2-bedroom, 1-bathroom main-floor unit; Apartment 2 is a spacious & bright 1-bedroom, 1-bathroom second-floor unit featuring open-concept living and two private balconies; and Apartment 3 is a cozy lower-level bachelor unit with private exterior access. Deep lot with ample parking. N4B zoning allowing for future expansion/redevelopment. Tenants will love the unbeatable location, just steps from Preston Street and within walking distance of the LRT, Plante Recreation Centre, Chinatown, LeBreton Flats, restaurants, cafés, shopping, recreation and more. An excellent opportunity for investors looking to add a well-positioned, income-producing property in one of Ottawa's most desirable and dynamic urban neighbourhoods. Restricted showing times; minimum 24 hours' notice required.

Sold data

Homes in West Centre Town — recent sold market

Homes in West Centre Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 132 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $608,450.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$608,450
Sale-to-list ratio
97.5%
Sold above asking
14%

Based on 132 recorded sales in the last 1 year. 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 84 ANDERSON STREET