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$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