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
20 bedrooms, 7 bathrooms, about 5,000 sq ft, works out to roughly $479 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 342 Frank St
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
5000 + sq ftas stated on the listing
Basement
Apartment
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Apartment
Lot & land
Lot size (sqft)
4015
Listing & possession
Property style
3-Storey
Property class
Multiplex
342 Frank St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13527154$2,395,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 342 Frank St Compares to the Ottawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$11,766
/mo
based on the purchase price of $2,395,000
$479,000 cash
$1,916,000 financed
$1,613,775 total interest
Principal54%$1,916,000
Interest46%$1,613,775
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 342 Frank St
Homes for sale in Ottawa
Every active Ottawa MLS® listing, updated all day.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings244Homes for sale here right now.
Median vs prior 90 days+4.2%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 150 sales from Jul 15 – Oct 13, 2026 (103 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
342 Frank St is listed at $2,395,000 (MLS® X13527154). Summitly updates the price as soon as the MLS® record changes.
Is $2,395,000 a good price for 342 Frank St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Ottawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 342 Frank St changed?
No — 342 Frank St is still listed at its original asking price of $2,395,000.
How many bedrooms and bathrooms does 342 Frank St have?
342 Frank St has 20 bedrooms and 7 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Ottawa.
Is 342 Frank St close to transit?
The nearest rapid-transit station is Parliament Station (O-Train Line 1), about 1.1 km (about a 13-minute walk) in a straight line. UOttawa Station is about 1.1 km (about a 14-minute walk), and Lyon Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 342 Frank St?
About $11,766 a month — principal and interest on $2,395,000 with 20% down ($479,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 342 Frank St compare with other homes in Ottawa?
Its asking price of $2,395,000 is about 423% above the median sold price in Ottawa over the last 90 days, $457,500, across 150 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 342 Frank St been sold before?
Summitly has no earlier MLS® sale or lease of 342 Frank St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 342 Frank St?
342 Frank St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 342 Frank St been on the market?
99 days — 342 Frank St was listed on July 6, 2026.
What is the price per square foot of 342 Frank St?
About $479 per square foot: the asking price of $2,395,000 over the 5,000 sq ft the listing gives.
Does 342 Frank St have a basement, and is it finished?