$1,595,000
$104,900101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5
4402 - Glebe, Glebe - Ottawa East and Area,
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NEW PRICE! 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 2024: $24,887
- HoldoverDays: 2
- Architectural Style: 3-Storey
- Property Type: Residential Freehold
- Property Sub Type: Fourplex
- DirectionFaces: North
- GarageType: Detached
- Directions: Strathcona 1.5 blocks east of Bank. 1.5 blocks west of Rideau Canal.
- Tax Year: 2025
- Parking Features: Private Double
- ParkingSpaces: 2
- Parking Total: 4
- WashroomsType1: 1
- WashroomsType1Level: Main
- WashroomsType2: 1
- WashroomsType2Level: Second
- WashroomsType3: 1
- WashroomsType3Level: Third
- WashroomsType4: 1
- WashroomsType4Level: Basement
- BedroomsAboveGrade: 8
- BedroomsBelowGrade: 2
- Interior Features: Water Heater Owned
- Basement: Apartment
- Cooling: Window Unit(s)
- HeatSource: Gas
- HeatType: Water
- LaundryLevel: Lower Level
- ConstructionMaterials: Brick
- Exterior Features: Porch
- Roof: Asphalt Shingle, Membrane
- Pool Features: None
- Sewer: Sewer
- Foundation Details: Stone
- Parcel Number: 041320025
- LotSizeUnits: Feet
- LotDepth: 96.17
- LotWidth: 47.5
- PropertyFeatures: Public Transit
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