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$1,495,000
5 Baths ⋅ X13225834 MLS
Nestled in one of Ottawa's most desirable neighborhoods, this exceptional property presents a rare investment opportunity in the heart of the Glebe. From its impressive street presence to its thoughtfully maintained interiors, every aspect of this building exudes quality and charm. With lot frontage on Strathcona, O'Connor and Patterson, this property offers a unique blend of historic charm and modern convenience, making it an ideal investment opportunity while having a perfect place to call home in the main floor unit. Boasting stable rental income and long-term growth potential, this is an ideal addition to any real estate portfolio. With solid tenancy in place and future development potential, this is a turn-key opportunity in one of Ottawa's most sought-after neighborhoods.120 Strathcona is an updated 5 unit (4+1 legal non-conforming) building boasting an unbeatable location, spacious sun-filled units, thoughtfully maintained throughout with strong rental appeal; five parking spaces (six if tandem at front); on-site lockers/laundry facilities for tenant convenience and so much more. Fire Retrofit Certification 2019. Residents enjoy easy access to a wide range of amenities, including trendy shops, cafes, restaurants, parks, the Canal, Lansdowne, the NAC, Parliament Hill and everything special that this Nation's Capital has to offer.

120 Strathcona Avenue, Glebe - Ottawa East And Area
$3,200,000
11 Baths ⋅ X13086832 MLS
Exceptional opportunity to acquire a trophy 8-unit multifamily asset in the heart of The Glebe, one of Ottawa's most coveted and supply-constrained urban neighbourhoods. This unrivaled location, steps to Lansdowne Park, Bank Street amenities, and major employment hubs, offers outstanding walkability and enduring rental appeal, supporting historically low vacancy and highly dependable income. Positioned minutes to downtown offices and between Ottawa's two largest universities, the property benefits from strong, consistent demand from both professionals and students. The building is FULLY LEASED and features an attractive unit mix of three 3-bedroom + 1.5-bath units, four 1-bedroom units, and one 2-bedroom unit, along with three on-site parking spaces. Each unit is separately metered with its own electrical panel, providing operational efficiency and tenant independence. The property has been professionally managed and well maintained, benefiting from thoughtful value-add upgrades, including updated kitchens and bathrooms with quartz countertops, stainless steel appliances, tiled backsplashes, and glass shower surrounds. Four units offer in-unit laundry and air conditioning. Major capital improvements include a new main boiler (2015), updated windows and exterior doors (2019), and upgraded electrical wiring and panels within each unit. In addition to stable in-place income, the asset offers over $30,000 in projected annual rental upside through continued unit turnover and optimization. A RARE, well-maintained core-plus investment in a high-barrier-to-entry location with strong fundamentals and long-term growth potential.

72 Fifth Avenue, Glebe - Ottawa East And Area