Outstanding opportunity in the Glebe, halfway between the Rideau Canal and Bank Streets shops, cafés, and transit. This legal 4-unit solid BRICK building combines classic charm with smart, income-generating potential in one of Ottawa's most desirable neighbourhoods. Featuring two 2-bedroom units and two 3-bedroom units (with dishwashers!), each suite is bright, spacious, and well-maintained, ideal for professional tenants. The property offers multiple balconies, a two-car garage, and a coin-operated laundry for added convenience and income. Recent system updates ensure efficiency and peace of mind, while original character elements -- very high ceilings, transom windows, hardwood floors, wonderful original trim, updated antique light fixtures, and large windows -- enhance the property's timeless appeal. This building represents a rare combination of stability, location, and upside potential. Investors will appreciate the solid rental history and strong tenant demand, while those seeking an owner-occupied option will find the generous main-floor or upper units ideal for personal use with income support from the remaining apartments.The property sits mid-block on Strathcona Avenue, just steps to the Canal pathways, Lansdowne Park, parks, schools, and all the amenities of Bank and Elgin streets. A truly turnkey investment or flexible live-in opportunity offering the perfect balance of lifestyle and long-term value in the heart of the Glebe. Updated systems. Long term owner. Close to everything. Two outdoor plus two garage parking spaces. Private drive. Amazing opportunity! Gross Income: $108,300/year. Expenses 2025: $24,827. (id:47421)
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Detailed Information
Bedrooms
8+2
Bathrooms
4
Lot
47.5 x 96.17 ft
Amenities Nearby
Public Transit
Listing Contract Date
2025-10-08
Location Description
Cross Streets: Strathcona east of O'Connor. ** Directions: Strathcona 1.5 blocks east of Bank. 1.5 blocks west of Rideau Canal.
# of Parking Spaces
4
Property Type
Multi-family
Structures
Porch
Transaction Type
For sale
Building
Age
100+ years
Appliances
Water Heater, All, Dryer, Stove, Washer, Refrigerator
Basement Features
Apartment in basement
Basement Type
N/A
Cooling Type
Window air conditioner
Exterior Finish
Brick
Foundation Type
Stone
Stories Total
3
Type
Fourplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
3.835 m x 3.081 m
Bathroom
Second level
Measurements not available
Living room
Second level
4.738 m x 3.804 m
Kitchen
Second level
2.968 m x 2.782 m
Bedroom
Second level
3.874 m x 3.607 m
Bedroom
Second level
3.856 m x 2.963 m
Great room
Third level
6.134 m x 3.656 m
Kitchen
Third level
2.645 m x 2.537 m
Bedroom
Third level
3.305 m x 3.007 m
Bedroom
Third level
2.99 m x 2.652 m
Bathroom
Third level
Measurements not available
Living room
Basement
4.399 m x 3.452 m
Dining room
Basement
3.322 m x 2.552 m
Kitchen
Basement
2.669 m x 2.155 m
Bathroom
Basement
Measurements not available
Bedroom
Basement
3.763 m x 3.388 m
Bedroom
Basement
3.769 m x 2.703 m
Living room
Main level
5.8 m x 3.862 m
Kitchen
Main level
3.351 m x 2.709 m
Bathroom
Main level
Measurements not available
Bedroom
Main level
3.246 m x 3.132 m
Bedroom
Main level
3.859 m x 2.964 m
Bedroom
Main level
2.847 m x 2.633 m
Parking Spaces
Name
Spaces
Detached Garage
Garage
Land
Total Size
47.5 x 96.2 FT
Amenities
Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
47.5 x 96.2 FT
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