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$1,475,000

This Glebe property has 3 self-contained units. The property has two 2-bedroom apartments and a 3-bedroom apartment. Each unit has its own heating and cooling, hot water tank, laundry, hydro, gas and water metering. Substantially renovated top to bottom between 2021 and 2022, the property features major updates to plumbing, electrical, windows, bathrooms, appliances, insulation, lighting, HVAC and Landscaping. Plumbing was completely replaced. All light fixtures updated to LED throughout. The basement was waterproofed with interior wrap, weeping tile and sump pit, then spray foam insulated ahead of the 2-bedroom apartment being created in 2021. Cellulose insulation added in the attic. Water meter increased to 3/4 inch with individual metering available. Ask for the full list of updates! The main floor 2-bedroom unit is leased month-to-month for $2,568 per month plus hydro and gas, also includes the front parking pad. The basement unit is month to month for $2,038 per month including utilities, with no parking. The top unit is owner-occupied, creating an excellent opportunity for an owner-occupier or the new owner can set a new rent. This property is perfect for multi-generational living or investor seeking a solid Glebe rental property. Wide 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. 24 hours' notice required for showings. 24 hours irrevocable on all offers. Book a viewing today!

7 Beds ⋅ 3 Baths ⋅ X13759370 MLS

63 Findlay Avenue, Glebe - Ottawa East And Area

$1,399,900

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.

8 Beds ⋅ 4 Baths ⋅ X13105004 MLS

350 Fifth Avenue, Glebe - Ottawa East And Area