Multi-Unit Residential Market, January 05, 2021: There have been 199 sales of Income Properties in Ottawa in 2020. 165 sales were smaller buildings, up 21.3% over 2019 and 34 sales were larger buildings with 5 or more units, up by 21.4%
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Smaller Duplex, Triplex and Fourplex properties are taking 54 days to sell in 2020 verus 65 last year. Larger buildings with 5 or more units are taking 75 days to sell, versus 94 days last year
Smaller buildings with 2-4 units achieved 99.7% of their list price and Larger buildings are selling for 97.7% of their list price.
Each month we update you with all the stats for Multi-Unit Residential Buildings, which includes Duplex, Triplex, Fourplex and Larger Apartment Buildings with 5 or more Units in them, visit this page each month for the newest video and report.