196 Powell Avenue Ottawa, Ontario K1S 2A5

$2,550,000

If youre seeking a premier investment in one of Ottawas most prestigious rental markets, this Glebe property is the opportunity you've been waiting for. A rare live-in-investment, this tastefully updated triplex offers the perfect balance of square footage, luxury finishes, and unbeatable location. The penthouse is a sprawling three-bedroom unit with sun-drenched living space and a private balcony. The second floor is a stylish two-bedroom, two-bath unit with generous proportions, sleek finishes, and its own outdoor space. The main floor stands out as a two-level, three-bedroom, three-bath unit that is perfectly suited for multi-generational living, offering the kind of flexibility and space that families value most. The basement adds even more versatility with a kitchenette and full bathroom, making it an excellent in-law suite or extended family option for those choosing to live on-site.Every suite is equipped with in-unit laundry and private balconies or patios, and the home is filled with natural light. Residents can also enjoy a landscaped green space at the rear and a welcoming patio at the front. Located in the heart of The Glebe, just steps to Lansdowne, boutique shops, cafés, and the Canal, this property commands high rents with ease while offering incredible lifestyle value. Whether you're an investor seeking a blue-chip addition to your portfolio or an owner-occupier looking to live in luxury while generating strong rental income, this property checks every box. (id:43934)

Property Details

MLS® Number	X12388358
Property Type	Multi-family
Neigbourhood	The Glebe
Community Name	4401 - Glebe
Amenities Near By	Public Transit, Park
Easement	Unknown
Parking Space Total	2
Structure	Deck

Building

Bathroom Total	7
Bedrooms Above Ground	7
Bedrooms Total	7
Appliances	Water Heater, Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Development	Partially Finished
Basement Type	Full (partially Finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Brick, Stucco
Foundation Type	Concrete, Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	0 - 699 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Public Transit, Park
Sewer	Sanitary Sewer
Size Depth	99 Ft
Size Frontage	45 Ft
Size Irregular	45 X 99 Ft ; 0
Size Total Text	45 X 99 Ft ; 0
Zoning Description	R3p

https://www.realtor.ca/real-estate/28829147/196-powell-avenue-ottawa-4401-glebe