60 Clarey Avenue, Glebe - Ottawa East And Area, ON K1S 2R7

$1,049,000
4
BD
3
BA
1,100
SqFt

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List Price
$1,049,000
Price Change
▼ $100,000 1785298992
MLS#
X13485034
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2 1/2 Storey
Bedrooms
4
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Glebe - Ottawa East And Area
Area
Ottawa
Neighborhood
4402 - Glebe
Subdivision
Bank Street, Clarey Ave

Property Description

Fully Vacant September 1st! The Glebe's most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century triplex offers immediate upside in one of Ottawa's strongest rental markets. Two units are vacant and move-in ready, creating a rare opportunity to establish market rents from day one. The lower-level 1-bedroom unit is tenant-occupied and features a private rear walkout and dedicated parking, with vacant possession available September 1, 2026. The freshly painted main-floor 1-bedroom unit and upper 2-bedroom unit with loft, skylights and south-facing deck provide exceptional flexibility for investors or owner-occupiers. Additional features include three separate hydro meters, three parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe's unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential.

Additional Information

Taxes
$9,861
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
3
Exterior
Brick
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
3
Parking Type
Front Yard Parking, Private Triple

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.