Multi-Unit Market, Year-To-Date, September 1, 2026: There have been 140 sales of Income Properties in Ottawa January 1 to September 30, 2026. 128 sales were smaller buildings, up 21.9% over September 2025 and 11 sales were larger buildings with 5 or more units, vs.18 last year.
The average price for a smaller income property in Ottawa is now $981,941 up 7.2%, these include Double, Duplex, Triplex and Fourplex buildings.
The average price for a larger multi-unit building is now $2,884,981, up 42.6%. 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 53 days to sell in 2026 versus 61 last year and Larger properties are taking 184 vs 140 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 96% of their list price, while Larger buildings with 5+ units achieved 96% of their list price.
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;
