Income Property Market Updates, Ottawa

Multi-Unit Residential Market, May 03, 2020: The average price for a smaller income property is now $876,148 up by 6.9% and for a larger building it's $1,472,522 up by 10% over last year

• There have been 36 Multi-Unit Residential Properties sold in 2020 so far.
• 27 sales were smaller duplex, triplex and fourplex's, down 29% from 2019
• 9 sales were larger buildings with 5 or more units, down 40% over last year

Want to Buy a Multi-Unit Property

Have a look at the current inventory of all the Multi-Family Properties for Sale, and sign-up up to receive the newest listings as soon as they come on the market.

How long are Income Properties taking to sell?

Smaller Duplex, Triplex and Fourplex properties are taking 99 days to sell in 2020 verus 70 last year. Larger buildings with 5 or more units are taking 85 days to sell, versus 115 days last year

How much did sellers' get as a % of their list price?

Smaller buildings with 2-4 units achieved 101% of their list price and Larger buildings are selling for 96% of their list price.

Want to keep an eye on the Market?

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.