What has been selling?
There have been 32 sales of multi-family properties in Ottawa in 2022. 24 of those sales were smaller buildings and 8 of those sales were larger buildings with 5 or more units.
How long is it taking to sell?
Small duplex, triplex and fourplex properties are taking 50 days to sell in 2022 vs 42 last year. Large buildings with 5 or more units are taking 73 days to sell, versus 58 days last year.
Are properties sold at asking price?
Small buildings with 2-4 units achieved 100% of their list price and large buildings are selling for 99% of their list price.
Thanks to agentinottawa.com for these great stats!
