$1,699,000
FOR SALE

Investment

Lot: 30.36 x 161.96 ft
2025 Taxes: $15,949

26 Aylmer Ave
Glebe - Ottawa East And Area, ON K1S 2W9 | 4403 - Old Ottawa South | Ottawa

Incredible investment opportunity in the heart of Old Ottawa South! This fully tenanted multi-unit property sits on an expansive 30' x 161' lot and features a newer 3,000 sq. ft. addition, creating four self-contained apartments in total.The building includes one spacious 3-bedroom unit, two well-appointed 2-bedroom units, and one 1-bedroom unit. The original front unit has been tastefully updated with hardwood floors, granite countertops, modern cabinetry, and a renovated bathroom. It also features its own furnace (2020), A/C (2017), and rented hot water tank. The 2017 addition was thoughtfully constructed with two furnaces and two central A/C units. Additional improvements include roof (2017) and sump pump (2017). The property is serviced by 3 hydro meters, 3 gas meters, and 1 water meter. All units offer the convenience of in-unit laundry. Currently generating $11,349.31 in gross monthly rental income with a 6.3% cap rate. The property is legal as it stands, and the City of Ottawa has suggested potential for a 5-plex configuration, offering future upside for increased income.
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Listed By ROYAL LEPAGE PERFORMANCE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12813150
Last Updated Feb 23, 2026
Property Summary
Property Type Investment

More like this:
PIN 631260521
Possession Date TBD
Taxes (2025) $15,949
Directions/Cross Streets Bank St/Aylmer Ave
Neighbourhood 4403 - Old Ottawa South
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 30.36 x 161.96 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Heat Type Gas Forced Air Open

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