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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13527154For SaleMultiplex

342 Frank St

Ottawa Centre, Ottawa, Ontario K2P 0Y1

Map
1 / 30
342 Frank St, Ottawa, photo 1
Asking$2,395,000
Bedrooms
20
Bathrooms
7
Size
5,000 +sq ft
Lot
59.66 x 66 ft
Tax a year
$21,0512026 tax year
Parking
0none
Days on market
Members

The brief

About 342 Frank St

342 Frank St is a 20-bedroom, 7-bathroom multiplex in Ottawa Centre, Ottawa, listed for sale at an asking price of $2,395,000 (MLS® X13527154).

Rarely available 6-unit with accessory 7th unit in prime Centretown location. 200K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$21,051 / 2026
MLS® number
X13527154
Board
TRREB MLS®
Property Type
Multiplex
Days on market
Size
5000 + sqft
Lot Size
59.66 x 66 ft
Listed on
Parking
None, 0 Parking
Listing brokerage: ROYAL LEPAGE PERFORMANCE REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Multiplex
Style
3-Storey
Community
Ottawa Centre
Municipality
Ottawa

Building

Size
5000 + sqft
Construction
Brick

Inside

Bedrooms
20
Bathrooms
7
Bathroom Details
7 × 4pc
Basement Type
Apartment
Kitchens
7

Parking

Driveway
None
Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
59.66 ft
Depth
66 ft
Lot Size
59.66 x 66 ft

Additional

Foundation
Stone
Roof
Flat
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
7 Fridges, 7 stoves, 1 coin-operated washer and dryer

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 342 Frank St, Ottawa, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,395,000N/AFor SaleX13527154

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $479,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$479,000
Total mortgage amount
$1,916,000
Total interest payment
$1,362,100
Total purchase cost
$3,757,100
Mortgage payment
$10,927/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$12,681
−$12,681per month
  • Rent $0
  • Shortfall $12,681

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$46,350
Total land transfer tax
$46,350
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$42,350
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $2,395,000
$9,875
Ontario total
$46,350

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
3,938 sq ft366 m²
Street frontage
59.66 ft18.2 m
Depth
66 ft20.1 m
59.66 × 66 ftFRANK ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 9 on fileRead 2026-11-03
250 m500 m1 km2 kmBeyond · area-wideNot in Rideau Valley Conservation Authority’s mapped regulated areaNot in the municipality’s mapped flood areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 5.1 m below ground nearbyBedrock about 5.5 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 6.0 kmTransit stop within 400 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment Canada4 federal contaminated sites within 1 kmElectricity is distributed here by Hydro Ottawa LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation6

  • Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
  • Not in the municipality’s mapped flood areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 5.1 m below ground nearbyThe middle water level in the well records within 500 m (127 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 5.5 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 6.0 km6 km

Province of Ontario open data

Around the home2

  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 40 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Municipal transit open data · Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • 4 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro Ottawa LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.

The market

Multiplexes for sale in Ottawa Centre right now

For sale now
7
Median asking price
$1.38M

Middle half: $1.3M to $1.56M

New in 7 days
0

0 in 28 days

Price cuts
0%

0 listings

This home is asking 74% above the median, higher than three quarters of them.

See all homes in Ottawa Centre

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
ParliamentOC Transpo light rail: O-Train Line 11.1 km
LyonOC Transpo light rail: O-Train Line 11.2 km
uOttawaOC Transpo light rail: O-Train Line 11.3 km
RideauOC Transpo light rail: O-Train Line 11.5 km
Lycée ClaudelOC Transpo bus rapid transit: Transitway2.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Elgin Street Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion400 m93%Grade 6 average
First Avenue Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion950 m87%Grade 6 average
École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–81 km100%Grade 6 average
Corpus Christi Catholic Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion1.3 km74%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion900 m—
Lisgar Collegiate InstituteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion900 m73%Grade 9 math
Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion1 km55%Grade 9 math
École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–121.4 km—

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in Ottawa Centre are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record