Income Property Market Updates, Ottawa
Multi-Unit Residential Market, January 06, 2022: There have been 191 sales of Income Properties in Ottawa in 2021. 167 sales were smaller buildings, up 2.4% over 2020 and 24 sales were larger buildings with 5 or more units, down by 29.4%.
The average price for a smaller income property in Ottawa is now $1,045,339 up 16.9%, these include Doubles, Duplex, Triplex and Fourplex buildings.
The average price for a larger multi-unit building was $2,749,923 up 49% over last year. These include buildings with 5 or more apartments in them.
Timestamps
0:00 - 0:14 Intro
0:14 - 0:53 Duplex, Triplex and Fourplex Stats
0:53 - 1:42 Stats for larger buildings
How long are Income Properties taking to sell?
Smaller Duplex, Triplex and Fourplex properties are taking 53 days to sell in 2021 verus 54 last year. Larger buildings with 5 or more units are taking 79 days to sell, versus 75 days last year
How much did sellers' get as a % of their list price?
Smaller buildings with 2-4 units achieved 98% of their list price and Larger buildings are selling for 99% 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.
Have a look at the current inventory of Multi-Family Properties for Sale and sign-up up to receive the newest listings as soon as they come on the market.
Featured Multi Family Listings
Attention all investors, contractors, builders; super opportunity to hold, renovate or rebuild on this centrally located duplex. The main floor unit has 3 bedrooms and is...
- 0 Baths
- 1273669 MLS® #
**5 CAP** Cute as a button lower town duplex! This legal 2 unit property is on a dead end street steps from all the action that downtown Ottawa has to offer. Unit 1- Main...
- 0 Baths
- 1274619 MLS® #
Centrally located legal Duplex in Lowertown. Upstairs is a 2 bedroom apartment with large bedrooms, living room and kitchen, laundry room with a beautiful covered balcon...
- 0 Baths
- 1273655 MLS® #
Well located bungalow with legal secondary dwelling unit close to amenities. This attractive home has a renovated main floor with large open concept kitchen, dining and l...
- 0 Baths
- 1275214 MLS® #
Buy into an area that is sought after by couples, families/ investors. Close to all the amenities and minutes to transit, the Canal, the river, University of OTTAWA and a...
- 0 Baths
- 1264582 MLS® #
Updated bungalow with legal secondary dwelling unit close to hospitals, transit & amenities. This home was recently updated from top to bottom. Main floor offers large op...
- 0 Baths
- 1275217 MLS® #
Calling all investors, one of the few custom built triplex on quiet Street in Vanier. 3 comfortable 2 bedrooms units each with 4 appliances including in-unit washers & dr...
- 0 Baths
- 1264106 MLS® #
Fantastic Opportunity to own an all Brick 3 unit building (Duplex with non confirming 3rd unit) Zoned R4UA,( can build up to 8 units ) With a large prime lot ,58 feet of ...
- 0 Baths
- 1269118 MLS® #
Attention Investors or Multi-generational families, great opportunity to own a solid well- maintained red brick duplex in Centretown with lots of potential. Each unit fea...
- 0 Baths
- 1270789 MLS® #
Investment opportunity in a great location. Triplex & additional non conforming basement unit with 4 hydro meters. Featuring Two 1 bed apartments & Two 2 bed apartments e...
- 0 Baths
- 1270343 MLS® #
Incredible investment opportunity! Solid purpose-built triplex located steps to trendy Beechwood Village. Long-time owners have taken excellent care of the building & the...
- 0 Baths
- 1274882 MLS® #
An extremely well maintained Triplex with a long list of upgrades(list attached). Better than new and located in the Heart of Vanier with A++ tenants. 4 separate hydro me...
- 0 Baths
- 1271573 MLS® #
Prime location for this legal Fourplex. All four units currently rented, one will be vacant as of February 1st. All tenants are long-term and are on month-to-month and wi...
- 0 Baths
- 1270669 MLS® #
Excellent dual-purpose triplex for investment or owner live in. Apt #1, a 2 bedroom, 1 ½ bath occupies the 1st & 2nd floor ideal for owner occupant. Apt #2, a 1 bed on th...
- 0 Baths
- 1274049 MLS® #
Amazing opportunity to add three town homes to your portfolio. Huge income potential and the property is Zoned R4UD, with the lot size, future potential to develop is ma...
- 0 Baths
- 1272221 MLS® #
Great 5 unit income property with gross income of approx $55,225, potential for rent increase, potential for a 6th unit. Large lot in up-and-coming Vanier, 15 minutes to ...
- 0 Baths
- 1271522 MLS® #
Amazing cash flow from secure long-term Tenants. 4 One-bedroom suits all separately Hydro Metered. No need to worry about removing low paying tenants or Cash for Keys pro...
- 0 Baths
- 1273105 MLS® #
Legal fourplex totally renovated to the studs. Lovely modern kitchens and bathroons. Quartz countertops, all new appliances, new grey luxury vinyl plankl flooring through...
- 0 Baths
- 1270913 MLS® #
Invest or live in this property detached Glebe property, just half a block to the Canal! This legal-non conforming triplex is easy to manage with excellent tenants. Gross...
- 0 Baths
- 1265060 MLS® #
Blue-Chip Investment! Turnkey investment property, with fantastic revenue! This one is truly a GEM! All three apartments are larger than average and include an additional...
- 0 Baths
- 1270935 MLS® #
Calling all investors, contractors or anyone looking for a fall/winter project...opportunity knocks in desirable Sandy Hill! This solid concrete block building sits on an...
- 0 Baths
- 1259152 MLS® #
Great low-maintenance investment opportunity! Beautifully renovated multifaceted income property that provides multiple avenues for income generation. This fully tenanted...
- 0 Baths
- 1274686 MLS® #
Invest in one of Ottawa's most desirable areas. This beautiful investment property has 3 very modern units and was constructed in 2013. This property is steps away from e...
- 0 Baths
- 1275211 MLS® #
Welcome to 75 Holland Avenue, a unique investment or development opportunity in desirable Ottawa West.This six-unit apartment building,with four 2-bedroom and two 1-bedro...
- 0 Baths
- 1274957 MLS® #
Lucrative investment opportunity in Sandy Hill - near Ottawa U and the Byward Market. Practical, fully occupied FOURPLEX with 0 Vacancies/ 0 Late Payments/ 0 No Payments...
- 0 Baths
- 1272724 MLS® #
5 unit building with 2 non conforming units, minutes from the Byward market! Combination of 4-2 bdrms, 2-1 bdrms & 1 bachelor. Coin operated washer & dryer. All unit in g...
- 0 Baths
- 1271962 MLS® #
Welcome to 71 Clarendon Avenue, your expansive brick Triplex featuring 3-two bedroom units on a HUGE corner lot. Fully occupied, situated in an incredible neighbourhood;I...
- 0 Baths
- 1265273 MLS® #
Super Centretown Investment: Three-door-row with 8 units. 228, 230 & 232 Arlington. Lot 59'x66'. Many updates (roof, decks, kitchens, baths, etc). Coin-op laundry. 6 met...
- 0 Baths
- 1237876 MLS® #
This 6+1 unit rental property generates huge dependable cash flow for the hungry investor. Amazing location, never vacant. Cap rate on this one is well over 4.5. Finally,...
- 0 Baths
- 1270197 MLS® #
ATTENTION INVESTORS AND CONTRACTORS!!! Good long term investment in an up and coming neighbourhood. This large and spacious 8-unit building is waiting for your personal t...
- 0 Baths
- 1273934 MLS® #
6 units in Centretown not an easy find. All units fully rented and never a vacancy. Units have been updated over the years. Buy yourself an investment that will generate ...
- 0 Baths
- 1272248 MLS® #
FULLY RENTED!! Newly built , High End Triplex in the central location of Carlington. Constructed in 2021, attention to detail is evident throughout with high ceilings, ...
- 0 Baths
- 1270182 MLS® #
Cash flow now, develop any time! Extremely rare opportunity to own two side-by-side properties adding up to a 50x100 land assembly in the heart of Little Italy, right off...
- 0 Baths
- 1269803 MLS® #
Two 4 bedroom Semidetacheds with two 1 bedroom Legal Income Suites. Projected rental income of 117k per year tenants pay all the utilities. Earn monthly positive cash flo...
- 0 Baths
- 1266561 MLS® #
If you're looking for a rental property that generates a substantial income-to-cost ratio, this is the property for you. This 2019 purpose built 4 unit building can gene...
- 0 Baths
- 1274182 MLS® #
Excellent Income producing investment property which includes great Development Potential - Zoned TM [2214]. Gross Income $111,240.00 - Each 4 Bedroom & 2 Full bathroom R...
- 0 Baths
- 1261226 MLS® #
Very well maintained and upgraded purpose built 6 unit apartment building in an excellent Westboro location. Renovated kitchens and bathrooms, refinished hardwood floors,...
- 0 Baths
- 1274540 MLS® #
Brand new high cashflow Investment in excellent high traffic location that attracts all types of tenants. A complete "turn-key" property is almost 5% cap rate and comes f...
- 0 Baths
- 1269834 MLS® #
If youre looking for a turnkey investment in one of Ottawa's hottest and most prestigious rental markets then 196 Powell is the property youve been looking waiting for. T...
- 0 Baths
- 1274188 MLS® #
Located in the heart of Vanier, this listing has excellent development potential! A Massing Study outlines the possibilities for the two lots when merged (combined fronta...
- 0 Baths
- 1273729 MLS® #
Investment opportunity! De L'eglise Portfolio. Located in Castle Heights within 10 minutes to downtown. The portfolio consists of three, 6 unit buildings all side by side...
- 0 Baths
- 1275168 MLS® #
Totally renovated 34 unit building in the downtown core. All the major things have been done to this building. Will not need much upkeep for many years to come. Great mix...
- 0 Baths
- 1268322 MLS® #
