4401 - Glebe Homes with Triplex Subtype

Welcome to Glebe, one of Ottawa's most vibrant and charming neighborhoods! Nestled along the banks of the Rideau Canal, Glebe is celebrated for its rich history, picturesque streets, and a strong sense of community. This dynamic area offers a perfect blend of urban convenience and natural beauty, making it an ideal place to call home.

The Glebe is renowned for its stunning architecture, featuring a variety of homes that reflect its historical roots. Among these, triplex properties stand out as an excellent investment opportunity. With three separate living units, triplex homes in Glebe provide flexibility for homeowners and investors alike. Whether you’re looking to live in one unit while renting out the others or seeking a multi-family investment, these properties offer an attractive option in this sought-after neighborhood.

Living in Glebe means enjoying a plethora of amenities at your doorstep. From quaint boutiques and artisanal cafes to lush parks and recreational facilities, everything you need is just a short stroll away. The vibrant community hosts various local events throughout the year, fostering a warm and welcoming atmosphere for residents.

Moreover, Glebe is conveniently located near downtown Ottawa, providing easy access to the city’s cultural attractions, dining, and entertainment. The nearby Rideau Canal is perfect for outdoor enthusiasts, offering scenic pathways for walking, cycling, and ice skating in the winter months.

In Glebe, you’ll find not just a home, but a lifestyle that celebrates community, convenience, and charm. Explore the possibilities of triplex living in this enchanting neighborhood today!

Newest 4401 - Glebe Homes with Triplex Subtype

$1,595,000

7 Beds ⋅ 3 Baths ⋅ X13598016 MLS

This Glebe property has 3 self-contained units, each with its own heating/cooling, hot water tank, laundry, hydro, gas and water metering - a major operational advantage rarely found in older central Ottawa multi-unit properties. Substantially redeveloped between 2021 and 2022, the property features major updates to plumbing, electrical, windows, bathrooms, kitchens, appliances, insulation, lighting and mechanical systems. Plumbing was completely replaced, all light fixtures were updated, and LED lighting runs throughout. The basement was waterproofed with interior wrap, weeping tile and sump pit, then spray foam insulated; the attic was upgraded with cellulose insulation. Water meter increased to 3/4 inch. Ask for the full list of updates!The main floor 2-bedroom unit is leased month-to-month at $2,520/month plus utilities and includes the front parking pad. The basement unit is leased until the end of August at $2,000/month including utilities, with no parking. The top unit is owner-occupied, creating an excellent opportunity for an owner-occupier, multi-generational living, or investor seeking future rental upside. Private driveway and carport-style garage. Turn-key property done top to bottom with over 3,100 sq.ft of finished living space. Convenient Glebe location with easy access to Lansdowne, the Canal, parks, restaurants, shops and transit. A clean, income-producing Glebe asset with the hard, expensive work already completed. Fully rented estimated NOI approximately $70K. 24 hours' notice required for showings. 24 hours irrevocable on all offers.

63 Findlay Avenue, Glebe - Ottawa East And Area

$1,399,900

8 Beds ⋅ 4 Baths ⋅ X13105004 MLS

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus non-conforming bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. This charming brick property features a versatile unit mix including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. Three units are currently leased, generating stable income with Unit 1 rented at $2,500/month plus hydro, Unit 2 at $2,600/month plus hydro and inclusive of parking, and Unit 3 at $1,650/month plus hydro. Unit 4, the vacant bachelor suite, is currently being offered for lease at $1,100/month inclusive of utilities, providing flexibility for a new tenancy. The upper units showcase high ceilings, large windows, timeless architectural character, and private south-facing decks that tenants love. With the recent addition of central air conditioning, this is an excellent opportunity for investors seeking a quality multi-unit property in one of Ottawa's strongest rental and student housing markets. Additional income is generated through coin-operated laundry and parking. The property includes four hydro meters, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), newly installed central air conditioning, an owned coin-operated washer and dryer (2023), and four on-site parking spaces. An exceptional investment opportunity in one of Ottawa's most desirable and walkable neighbourhoods.

350 Fifth Avenue, Glebe - Ottawa East And Area

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