victorian-style house featuring brick siding and a balcony Features: porch, balcony More Photos

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    For Sale - 255 Fifth Avenue, Glebe - Ottawa East and Area, Ontario

    Est payment $10,905/mo
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    Time on Jump  90 day

    AI Summary *

    • Turnkey fourplex with strong income potential and fully rented units.
    • Located in The Glebe, close to shops, restaurants, and parks.
    • Easy access to Carleton University, Dows Lake, and downtown attractions.
    • Each unit features modern conveniences with historic charm and in-unit laundry.
    • Great curb appeal with spacious covered balconies and parking options.




    Turnkey fourplex (gross income $144,600/expences $24,167/net income $120,432)+ coveted location in the heart of the glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the rideau canal and several parks including brown's inlet park (with 2 beautiful ponds that flow into the rideau canal) and lansdowne park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to carleton university, dows lake and downtown. Profitable addition to any real estate investment portfolio with steady income and superior long-term growth potential with it's ideal location and easy rentability. Strong demand and fully rented at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. Four units each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "unbranded virtual tour". Do not miss this opportunity to own an excellent investment opportunity in one of ottawa's top rental markets. Call today for a private viewing and for financials. This is the one!
    Listing IDX12331780
    Address255 Fifth Avenue
    CityGlebe - Ottawa East and Area, Ontario
    Price$2,200,000
    Bed / Bath18 / 4 Full
    Style3-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Carpet FreeOutdoor Features DeckOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP
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    255 Fifth Avenue
    Glebe - Ottawa East and Area , Ontario
    18 4 $2,200,000
    Get more info