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    For Sale - 59 Concord Street, Glebe - Ottawa East and Area, Ontario

    Est payment $10,540/mo
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    Time on Jump  73 day

    AI Summary *

    • Purpose-built fourplex in a prime rental area near the University of Ottawa.
    • Four identical 4-bedroom, 2-bathroom units designed for high rental income.
    • Modern features include in-suite laundry, independent HVAC, and soundproofing.
    • Secure building with keypad entry and 24/7 video surveillance for tenant safety.
    • Proximity to downtown and major transit routes ensures consistent rental demand.




    Welcome to 59 concord street - a rare opportunity to acquire a purpose-built fourplex in the heart of the glebe, steps to the university of ottawa and the rideau canal. Built in 2016, this class a, fully stabilized asset sits in one of ottawa's strongest and most consistent rental corridors. The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas. Every unit is equipped with in-suite laundry, independent hvac systems (furnace and a/c), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units - a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal. Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention. Located within walking distance to the byward market, parliament hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the university of ottawa and downtown employment hubs. Strong financial profile with an noi of $105,500. 30 at a 4. 8% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance - an exceptional addition to any serious investor's portfolio.
    Listing IDX13039300
    Address59 Concord Street
    CityGlebe - Ottawa East and Area, Ontario
    Price$2,195,000
    Bed / Bath16 / 8 Full
    Style3-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Water HeaterOwnership FreeholdBasement ApartmentFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  EXP 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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    59 Concord Street
    Glebe - Ottawa East and Area , Ontario
    16 8 $2,195,000
    Get more info