Building
- Exterior finish
- Brick, Wood
- Foundation type
- Concrete, Stone
- Stories total
- 3
- Type
- Other
- Utility water
- Municipal water
A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential. (id:42482)
| Level | Room | Length | Width | Dimensions |
|---|---|---|---|---|
| Second level | Living room | 4.72 m | 3.66 m | 4.72 m x 3.66 m |
| Second level | Kitchen | 4.8 m | 3.43 m | 4.8 m x 3.43 m |
| Second level | Bedroom | 3.4 m | 3.15 m | 3.4 m x 3.15 m |
| Second level | Living room | 5.39 m | 3.76 m | 5.39 m x 3.76 m |
| Second level | Bedroom | 2.97 m | 2.54 m | 2.97 m x 2.54 m |
| Third level | Dining room | 2.79 m | 2.18 m | 2.79 m x 2.18 m |
| Third level | Kitchen | 3.43 m | 3.07 m | 3.43 m x 3.07 m |
| Third level | Bedroom | 5.44 m | 4.27 m | 5.44 m x 4.27 m |
| Third level | Living room | 5.03 m | 4.98 m | 5.03 m x 4.98 m |
| Basement | Utility room | 3.53 m | 2.9 m | 3.53 m x 2.9 m |
| Basement | Storage | 4.75 m | 1.19 m | 4.75 m x 1.19 m |
| Basement | Laundry room | 5.03 m | 1.8 m | 5.03 m x 1.8 m |
| Basement | Bedroom | 3.08 m | 3.51 m | 3.08 m x 3.51 m |
| Basement | Kitchen | 2.44 m | 2.41 m | 2.44 m x 2.41 m |
| Basement | Living room | 4.42 m | 5.19 m | 4.42 m x 5.19 m |
| Ground level | Living room | 5.11 m | 3.96 m | 5.11 m x 3.96 m |
| Ground level | Primary Bedroom | 4.78 m | 3.73 m | 4.78 m x 3.73 m |
| Ground level | Bedroom | 3.94 m | 4.29 m | 3.94 m x 4.29 m |
| Ground level | Kitchen | 5.18 m | 3.38 m | 5.18 m x 3.38 m |
Illustrative fixed rate, compounded semi-annually, with monthly payments. This calculator uses 20% or more down and excludes mortgage default insurance. Rates and eligibility must be confirmed with your lender.
/mo
Excludes property taxes, home insurance, utilities and closing costs. Unquoted maintenance fees, if applicable, are not included. This is an estimate, not a lender quote.
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