Income Property Market Updates, Ottawa

Multi-Unit Residential Market, July 04, 2020: The average price for a smaller income property is now $895,981 up by 11.6% and for a larger building it's $1,419,392 up by 14.5% over last year

• There have been 66 Multi-Unit Residential Properties sold in 2020 so far.
• 54 sales were smaller duplex, triplex and fourplex's, down 12.9% from 2019
• 12 sales were larger buildings with 5 or more units, down 33.3% 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 79 days to sell in 2020 verus 76 last year. Larger buildings with 5 or more units are taking 12 days to sell, versus 18 days last year

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

Smaller buildings with 2-4 units achieved 99% of their list price and Larger buildings are selling for 95% 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.