$799,900
For sale: Multiplex

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
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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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