Income Property Market Updates, Ottawa

Multi-Unit Market, Year-To-Date, October 1st, 2025

There have been 139 sales of Income Properties in Ottawa January 1 to September 30, 2025. 117 sales were smaller buildings, up 3.5% over September 2024 and 22 sales were larger buildings with 5 or more units, vs. 17 last year.

The average price for a smaller income property in Ottawa is now $939,820 down 4.8%, these include Double, Duplex, Triplex and Fourplex buildings.

The average price for a larger multi-unit building is now $2,131,405 up 3.1% 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 63 days to sell in 2025 versus 106 last year. Larger buildings with 5 or more units are taking 134 days to sell, versus 127 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 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 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;

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Looking to buy an Income Property?

Have a look at the current inventory of Multi-Family Properties for Sale


Recently SOLD Multifamily Homes

Below are the most recent sales of Income Properties in Ottawa

Apartment,Commercials , Ottawa · 124+ Sold properties
The additional criteria set by the agent cannot be changed
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New
$ 860,000 List $ 880K Apartment
4 2 Sqft · 1500-2000
460 Holland Avenue, Ottawa, Civic Hospital K1Y 0Z5
Courtesy of
MLS® X12440016
Free account required
New
$ 1,020,000 List $ 1.1M Apartment
8 4 Sqft · 2500-3000
184 Murray Street, Ottawa, Lower Town/Byward Market K1N 5M8
Courtesy of
MLS® X12242901
Free account required
New
$ 1,115,000 List $ 1.2M Apartment
4 4 Sqft · 2500-3000
208 Clarence Street, Ottawa, Lower Town/Byward Market K1N 5R1
Courtesy of
MLS® X12417354
Free account required
New
$ 869,000 List $ 879K Apartment
9 4 Sqft · 2000-2500
232-234 Hannah Street, Ottawa, Vanier K1L 7N2
Courtesy of
MLS® X12314321
Free account required
New
$ 604,900 List $ 605K Apartment
2+1 3 Sqft · 1100-1500
694 De L'eglise Street, Ottawa, Castle Heights K1K 3K2
Courtesy of
MLS® X12286832
Free account required
New
$ 740,000 List $ 800K Apartment
4 2 Sqft · 1500-2000
201 - 203 Heritage Maple Way, Ottawa, Vanier K1L 6M4
Courtesy of
MLS® X12362526
Free account required
New
$ 875,000 List $ 900K Apartment
4 3 Sqft · 1500-2000
169 Arlington Avenue, Ottawa, Ottawa Centre K1R 5S6
Courtesy of
MLS® X12449561
Free account required
New
$ 560,000 List $ 586K Apartment
4 2 Sqft · 700-1100
258 Granville Street N, Ottawa, Vanier K1L 6Z2
Courtesy of
MLS® X12153010
Free account required
New
$ 1,250,000 List $ 1.3M Apartment
4 3 Sqft · 2000-2500
39 NEWTON Street, Ottawa, Glebe K1S 2S6
Courtesy of
MLS® X12247881
Free account required
New
$ 1,350,000 List $ 1.5M Apartment
11 4 Sqft · 3000-3500
81 Marlborough Avenue, Ottawa, Sandy Hill K1N 8E8
Courtesy of
MLS® X12310028
Free account required
New
$ 1,075,000 List $ 1.1M Apartment
8 3 Sqft · 2000-2500
17 Wright Street, Ottawa, Overbrook K1K 2C8
Courtesy of
MLS® X12433138
Free account required
New
$ 875,000 List $ 925K Apartment
3 2 Sqft · 1100-1500
12 Ross Avenue, Ottawa, Ottawa West K1Y 0N3
Courtesy of
MLS® X12311574
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Property Details

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