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    For Sale - 120 Strathcona Avenue, Glebe - Ottawa East and Area, Ontario

    Est payment $6,699/mo
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    Views   1
    Time on Jump  25 day

    AI Summary *

    • Prime location in the Glebe, a highly sought-after neighborhood.
    • Five self-contained apartments for multiple income opportunities.
    • Two-bedroom apartment and four one-bedroom apartments for diverse renting options.
    • Ample parking available, a rare find in this area.
    • Dedicated basement storage adds value and convenience for tenants.




    A rare opportunity in the heart of the glebe. This 2. 5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the glebe. The build has the potential $77,500 net revenue or a 5. 56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime glebe location. And plenty of potential.
    Listing IDX13739076
    Address120 Strathcona Avenue
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,395,000
    Bed / Bath6 / 5 Full
    Style2 1/2 Storey, Multiplex
    ConstructionBrick, Wood
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement Full, Partially FinishedFoundation Concrete, StoneHeating / Cooling WaterHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  RE/MAX ABSOLUTE WALKER REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    120 Strathcona Avenue
    Glebe - Ottawa East and Area , Ontario
    6 5 $1,395,000
    Get more info