898 WATSON AVENUE, Ottawa
$899,900
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 7 bedrooms, 3 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13645972
- Neighbourhood
- 6202 - Fairfield Heights
Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway.
Sold data
Multiplex homes in Ottawa — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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.
- Median days to sell
- 41
- Median sale price
- $894,000
- Sale-to-list ratio
- 96.3%
- Sold above asking
- 5%
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
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 898 WATSON AVENUE
$945,000
Multiplex732,000–2,500 sqft1023 MEADOWLANDS DRIVE, 4702 - Carleton Square, Ottawa
$895,000
Multiplex6+231,500–2,000 sqft203 MARIER AVENUE, 3402 - Vanier, Ottawa
$819,900
Multiplex631,100–1,500 sqft298 MONTFORT STREET, 3402 - Vanier, Ottawa
$999,999
Detached7+342,500–3,000 sqft7089 BUSH DRIVE, 1601 - Greely, Ottawa
$799,900
Semi-Detached/Link622,500–3,000 sqft292-294 CLARENCE STREET, 4002 - Lower Town, Ottawa
$899,900
Detached5+132,500–3,000 sqft104 STRATHCARRON CRESCENT, 9008 - Kanata - Morgan's Grant/South March, Ottawa
$685,000
Detached421,500–2,000 sqft6268 STEAMER LANE, 2006 - Convent Glen South, Ottawa
$670,000
Semi-Detached/Link4+121,100–1,500 sqft7009 NOTRE DAME STREET, 2010 - Chateauneuf, Ottawa