traditional style home with a chimney and brick siding Features: fence More Photos

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    For Sale - 26 Aylmer Avenue, Glebe - Ottawa East and Area, Ontario

    Est payment $8,422/mo
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    Views   1
    Time on Jump  113 day

    AI Summary *

    • Large multi-unit property with a 30' x 161' lot offers great investment potential.
    • All four apartments are currently tenanted with established rental income.
    • Updated main unit features hardwood floors, granite countertops, and modern amenities.
    • New addition completed in 2017 with separate heating and cooling for each unit.
    • Potential for increasing income with city-approved plan for a 5-plex.




    Incredible investment opportunity in old ottawa south! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-bedroom unit, two 2-bedroom units and one 1 bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own furnace (2020), a/c (2017) and hot water tank (rental). New addition completed in 2017 with 2 furnaces and 2 central air units. 3 hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, roof 2017. City of ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349. 31. Motivated vendor. Property sold as is where. Cap rate: 6. 3%.
    Listing IDX12474541
    Address26 Aylmer Avenue
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,699,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  ROYAL LEPAGE PERFORMANCE REALTY
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    26 Aylmer Avenue
    Glebe - Ottawa East and Area , Ontario
    $1,699,000
    Get more info