$1,350,000
For sale: Multiplex

Ideally situated in Ottawa's coveted Golden Triangle, this property represents a rare opportunity to acquire a well-maintained six-unit multifamily asset in one of the city's most desirable urban enclaves. Each suite is thoughtfully configured, offering a strong foundation of stable income with meaningful potential for rental growth and value appreciation. The property's central location ensures enduring tenant demand, exceptional walkability, and proximity to Ottawa's key employment, retail, and lifestyle corridors. Investors will appreciate the balance of reliability and upside-an ideal addition to any portfolio seeking long-term performance in a high-barrier-to-entry market. A new roof was completed in 2024, further enhancing the property's desireability. Opportunities of this caliber in Ottawa's thriving multifamily market are increasingly rare, making 88 MacLaren Street a must-see for the discerning investor. Seller may consider VTB.
Sold data
Homes in Ottawa Centre Golden Triangle took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 40, across 50 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $707,450.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 1 year — 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.
Currently for sale

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