For Sale - 386-388 First Avenue, Glebe - Ottawa East and Area, Ontario

Est payment $9,123/mo
Views   1
Time on Jump  37 day
  • Two semi-detached homes in a sought-after urban neighborhood.
  • Live in one home and rent out the other for income.
  • Each home has private backyard space and single detached garage.
  • Close to amenities, parks, schools, and public transit.
  • Versatile layouts ideal for families, guests, or rental conversions.



Welcome to 386-388 first avenue! An exceptional opportunity to own two charming semi-detached homes or double side-by-side in the heart of the glebe, one of ottawa's most sought-after urban neighbourhoods. Live in one and rent the other, or rent both. 386 first avenue features a warm and inviting living room with a wood-burning fireplace, formal dining room, kitchen with a breakfast nook, four generous bedrooms, two bathrooms, den and a versatile third-floor loft ideal as a home office, studio, or playroom. 388 first avenue mirrors the layout but includes 3 bedrooms - perfect for extended family, guest rental income, or guest space. Each home boasts its own private backyard with deck, a single detached car garage, and a dedicated laneway with parking for up to 5 additional vehicles. Lower finished level offers laundry area, living space with walkout and tons of storage. Both units are ideal for owner-occupancy with income, multi-generational living, or full rental conversion into triplex or fourplex, subject to city of ottawa zoning and approvals. Steps to bank street, glebe community centre, parks, lansdowne, top-rated schools, and carleton university. Quick access to public transit and hwy 417 makes this location incredibly attractive for tenants and future resale. Invest in the glebe and unlock the full potential of this character-filled property in one of the city's highest-demand rental markets. This property blends character, functionality, and convenience. Whether you're an investor looking to convert to a multi-plex or looking for multi-generational living, this is a unique opportunity you won't want to miss! Located short distance from the upcoming brand-new civic hospital campus, this home is perfect for healthcare professionals and proximity to medical services. Be our guest and book your private viewing today!
Listing IDX12816362
Address386-388 First Avenue
CityGlebe - Ottawa East and Area, Ontario
Price$1,899,900
Bed / Bath7 / 4 Full
Style2-Storey, Duplex
ConstructionBrick, Stucco (Plaster)
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features Carpet Free, In-Law Capability, Guest Accommodations, Separate Heating Controls, Separate Hydro Meter, Storage, Accessory Apartment, Water Heater, In-Law SuiteAmenities Fenced Yard, Hospital, Public Transit, SchoolOwnership FreeholdBasement Partially Finished, Walk-Out, Development PotentialFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 12.00
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Listing Agency:  RE/MAX HALLMARK REALTY GROUP

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386-388 First Avenue
Glebe - Ottawa East and Area , Ontario
7 4 $1,899,900
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