$659,900
For sale: Multiplex

Set your Own Rent! This Duplex on a large lot in a fantastic location is ready for you to enjoy. The Main floor 3 bedroom unit will be vacant on closing, so you can either set your own rent or move in and take advantage of the Upper Unit cash flow. This well cared for home is located in a wonderful area, only steps to Beechwood Ave, shopping, transit, schools and more. The 2 storey Main Level unit offers spacious living and dining areas and a good sized Kitchen, with 3 bedrooms, 3 bathrooms, and a finished lower level with den, laundry and plenty of room for extra storage. The One Bedroom upper unit is spacious and well laid out, with full bathroom and in-unit laundry. Perfect for extra cash flow to help pay the mortgage. The large property also boasts an oversized detached garage with electricity, heat and water hookups, and the private backyard patio allows for easy enjoyment of the summer. This large, well located lot also allows for potential multi unit future development possibilities in a great location.
Sold data
Multiplex homes in Ottawa took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 42 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $884,450.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 42 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.
Currently for sale

$700,000
Multiplex932 KATIA STREET, 616 - Limoges, The Nation

$669,000
Multiplex71 MCGONIGAL STREET W, 550 - Arnprior, Arnprior

$619,000
Townhouse1654 VARENNES BOULEVARD, 1105 - Fallingbrook/Pineridge, Ottawa

$630,000
Townhouse328 IBANEZ WALK, 2501 - Leitrim, Ottawa

$679,000
Townhouse769 CAIRN CRESCENT, 2013 - Mer Bleue/Bradley Estates/Anderson Park, Ottawa

$639,999
Townhouse829 PERCIFOR WAY, 2013 - Mer Bleue/Bradley Estates/Anderson Park, Ottawa

$674,000
Townhouse103 TALL OAK PRIVATE, 3602 - Riverview Park, Ottawa

$675,000
Townhouse805 CERULEAN WAY, 2012 - Chapel Hill South - Orleans Village, Ottawa