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    For Sale - 163 First Avenue, Glebe - Ottawa East and Area, Ontario

    Est payment $8,639/mo
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    Time on Jump  1 day

    AI Summary *

    • Six-unit apartment building in the walkable Glebe neighbourhood, with four two-bedroom and two one-bedroom suites.
    • Radiator heating and six dedicated storage lockers serve the building.
    • Common laundry facilities are roughed in for a washer and dryer.
    • Roof sections were replaced in 2019 and 2025.
    • Shops, services, TD Place Stadium, and Parliament Hill are nearby.




    Rare six-unit multifamily investment opportunity in the heart of the glebe, one of ottawa's most desirable and amenity-rich urban neighbourhoods. This well-maintained purpose-built apartment building offers a highly sought-after unit mix comprising four two-bedroom suites and two one-bedroom suites, catering to a stable tenant profile that includes working professionals and couples. Building systems include hot water radiator heating, six dedicated storage lockers, recently roughed-in common laundry facilities which can accommodate one washer and one dryer, and other notable capital improvements including a flat roof replacement completed in 2019, with an additional roof section replaced in 2025. The property benefits from n4b [1474] h(11) zoning, providing investors with long-term positioning in a neighbourhood characterized by strong rental demand, limited housing supply, and exceptional walkability. Residents enjoy immediate access to a wide range of everyday conveniences, all within walking distance, including metro glebe, shoppers drug mart, starbucks, rbc royal bank, capital home hardware, and canada post. The property also benefits from proximity to some of ottawa's most prominent destinations, including td place stadium (1. 4 km) and parliament hill (2. 3 km), further enhancing its appeal to existing and prospective tenants.
    Listing IDX14176316
    Address163 First Avenue
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,799,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Hot Water

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    Listing Brokerage: CAPITAL COMMERCIAL INVESTMENT CORP.

    * 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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    163 First Avenue
    Glebe - Ottawa East and Area , Ontario
    $1,799,000
    Get more info