$849,900
For sale: Multiplex

***Open house: Sunday, 6 September from 10:30 am to 12:00 pm*** Move-in ready legal duplex featuring a secondary dwelling unit on a prime corner lot in sought-after Riverside Park, just minutes from Mooney's Bay. An excellent opportunity for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income, with projected combined rental income of approximately $4,900/month.The property was recently converted into a legal duplex, with the lower-level secondary dwelling unit completed in July 2025.The main level offers a spacious living room with hardwood flooring, dining area, updated kitchen (2013), renovated 4-piece bathroom (2014), and three generous bedrooms. Windows throughout were updated in 2017.The newly finished lower level provides a bright living area, two bedrooms, and 1.5 bathrooms. A locked utility room provides separate washers and dryers for each unit.Additional features include a shared furnace, central A/C, owned hot water tank, and a 200-amp electrical panel upgraded in 2025.Outside, the prime corner lot features a fully fenced backyard, carport, and double driveway with parking for up to five vehicles.Ideally located close to parks, schools, shopping, transit, and everyday amenities. Walkley O-Train Station is approximately a 6-minute bike ride away, while Ottawa International Airport is approximately a 6-minute drive.Major updates include the **legal duplex conversion and lower-level secondary dwelling unit (2025), 200-amp electrical panel (2025), roof (2010), furnace (2013), central A/C (2013), main-level kitchen (2013), main-level bathroom (2014), and updated windows throughout (2017). Approximate monthly utilities are $324. Occupancy permit for the duplex conversion is available on file. Some photos have been digitally staged
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 22 days and the slowest quarter taking more than 73, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $889,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 39 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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