Multi-Unit Market, Year-To-Date, September 1, 2025
There have been 129 sales of Income Properties in Ottawa January 1 to August 31, 2025. 106 sales were smaller buildings, up 9.3% over August 2024 and 23 sales were larger buildings with 5 or more units, vs. 16 last year.
The average price for a smaller income property in Ottawa is now $935,815 down 4.2%, these include Double, Duplex, Triplex and Fourplex buildings.
The average price for a larger multi-unit building is now $2,037,975 down 1.6% over last year. These include buildings with 5 or more apartments in them.
How long are Income Properties taking to Sell?
Smaller Duplex, Triplex and Fourplex properties are taking 64 days to sell in 2025 versus 102 last year. Larger buildings with 5 or more units are taking 132 days to sell, versus 129 days last year. We are reporting cumulative days on market which is more accurate.
How Much did Sellers receive as a % of their list price?
Smaller buildings with 2-4 units achieved 95% 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 include 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.
See our archive of Market Updates as well as other videos about Investing in Ottawa;
