Ottawa, Ontario

Turnkey 4-unit income property in the heart of the Glebe generating $96,724 in gross annual income with a strong NOI of $73,705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa's most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2,700/month, Unit 2 (second level 2 bed + den) at $2,500/month, Unit 3 (third level 1 bed) at $1,891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high. (id:43934)

Ottawa, Ontario

Welcome to The Owner's Suite at Lansdowne - a truly one-of-a-kind residence in the heart of the Glebe offering a lifestyle that simply cannot be replicated anywhere else in Ottawa. Perfectly positioned directly overlooking the west end zone at TD Place Stadium, this extraordinary home delivers breathtaking stadium views and an unmatched game-day and entertainment experience. The suite offers 1141 sq ft of beautifully updated interior living space with 2 bedrooms and 2 full bathrooms, designed with an open layout that fills the space with natural light. The renovated kitchen features high-end appliances and new flooring, while the fully remodeled main bathroom includes an oversized glass shower enclosure. A Control4 smart home and entertainment system provides seamless automation throughout the home. The true showpiece is the massive private terrace, creating more than 2,300 sq ft of combined indoor-outdoor hospitality space. The terrace has been structurally reinforced and finished with premium APO engineered decking, complete with custom integrated deck lighting that creates an incredible evening atmosphere. This is also the only terrace in the building featuring both a private hot tub and gas fireplace, making it the ultimate setting for entertaining. Host unforgettable evenings watching games above the end zone or enjoy remarkable dining experiences with sweeping southern views toward the Rideau Canal. Located in Ottawa's premier sports and entertainment district, Lansdowne offers restaurants, cafés, patios, concerts, professional sports, and year-round events right outside your door, with the Rideau Canal just steps away. The approved $419M Lansdowne 2.0 redevelopment will further elevate this already iconic destination. Complete with 2 parking spaces, 2 storage lockers, and in-unit laundry, this rare residence offers an unmatched blend of luxury living, entertainment, and location. (id:43934)

Ottawa, Ontario

Set on an impressive 80 x 90 ft double lot with N4B[1474] H(11) zoning, this property enjoys a prime location just steps from the Rideau Canal, Dow's Lake, Carleton University, and convenient public transit. Current zoning allows for 4 semi-detached homes, an 8-unit building or 12-unit building, all without site plan control. (id:43934)

Ottawa, Ontario

This Glebe property has 3 self-contained units. The property has two 2-bedroom apartments and a 3-bedroom apartment. Each unit has its own heating and cooling, hot water tank, laundry, hydro, gas and water metering. Substantially renovated top to bottom between 2021 and 2022, the property features major updates to plumbing, electrical, windows, bathrooms, appliances, insulation, lighting, HVAC and Landscaping. Plumbing was completely replaced. All light fixtures updated to LED throughout. The basement was waterproofed with interior wrap, weeping tile and sump pit, then spray foam insulated ahead of the 2-bedroom apartment being created in 2021. Cellulose insulation added in the attic. Water meter increased to 3/4 inch with individual metering available. Ask for the full list of updates! The main floor 2-bedroom unit is leased month-to-month for $2,568 per month plus hydro and gas, also includes the front parking pad. The basement unit is month to month for $2,038 per month including utilities, with no parking. The top unit is owner-occupied, creating an excellent opportunity for an owner-occupier or the new owner can set a new rent. This property is perfect for multi-generational living or investor seeking a solid Glebe rental property. Wide private driveway and carport-style garage. Turn-key property done top to bottom with over 3,100 sq.ft. of finished living space. Convenient Glebe location with easy access to Lansdowne, the Canal, parks, restaurants, shops and transit. A clean, income-producing Glebe asset with the hard, expensive work already completed. 24 hours' notice required for showings. 24 hours irrevocable on all offers. Book a viewing today! (id:43934)

Ottawa, Ontario

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus non-conforming bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. This charming brick property features a versatile unit mix including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. Three units are currently leased, generating stable income with Unit 1 rented at $2,500/month plus hydro, Unit 2 at $2,600/month plus hydro and inclusive of parking, and Unit 3 at $1,650/month plus hydro. Unit 4, the vacant bachelor suite, is currently being offered for lease at $1,100/month inclusive of utilities, providing flexibility for a new tenancy. The upper units showcase high ceilings, large windows, timeless architectural character, and private south-facing decks that tenants love. With the recent addition of central air conditioning, this is an excellent opportunity for investors seeking a quality multi-unit property in one of Ottawa's strongest rental and student housing markets. Additional income is generated through coin-operated laundry and parking. The property includes four hydro meters, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), newly installed central air conditioning, an owned coin-operated washer and dryer (2023), and four on-site parking spaces. An exceptional investment opportunity in one of Ottawa's most desirable and walkable neighbourhoods. (id:43934)

Ottawa, Ontario

A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential. (id:43934)

Ottawa, Ontario

Welcome to 550B Queen Elizabeth Drive! This beautiful home is tucked away on a quiet street off George Watts Lane yet carries a coveted Queen Elizabeth Drive address with direct walkway access. This is one of the Glebe's best-kept secrets. Peaceful setting, unbeatable location, it's a rare combination. From the moment you walk through the door, the large welcoming foyer makes a great first impression, with a handy powder bathroom and closet just off the entrance. The main floor is perfect for entertaining, with a generous living room and dining room that flow naturally into an open-concept family room and kitchen, which feels like the true heart of the home. The doors off the kitchen and eating area lead directly to the backyard, making it easy to move between indoor and outdoor entertaining. The backyard itself is easy to maintain and perfect for hosting family and friends. A single attached garage and one driveway parking space round out the exterior. Upstairs, you'll find three comfortable bedrooms, including a lovely primary suite with a walk-in closet and a full ensuite. The other two bedrooms share a large full bathroom, and skylights throughout keep everything feeling bright and airy. Second floor laundry is a nice bonus that makes everyday life just a little easier. The lower level is surprisingly versatile, whether you need a fourth bedroom, a rec room, a home office, or a guest suite, there's room for all of it, with a full bathroom already in place. And the location? Hard to beat. Around the corner from great public schools, a short walk to Glebe High School, and steps from the Rideau Canal, Lansdowne Park, and all the shops and cafes that make the Glebe so special. Character. Quality. Location. This one really does have it all! (id:43934)

Ottawa, Ontario

Welcome to 80 Fourth Avenue, an exceptional opportunity to create your dream home in the heart of the Glebe. Whether you envision transforming the entire property into a stunning single-family residence or living in one suite while benefiting from the rental income from the other, this property offers incredible flexibility and endless potential in one of Ottawa's most sought-after neighbourhoods. The vacant main floor, complete with exclusive use of the basement, is ready for immediate occupancy or renovation, allowing you to customize the space to suit your lifestyle and vision. The second and third floors are occupied by a long-term tenant, providing reliable rental income to help offset monthly expenses while you enjoy your home or complete future improvements. The property features three hydro meters, with one dedicated to each unit, as well as a rare detached two-car garage at the rear of the property. Whether you need secure parking, additional storage, a workshop, or simply appreciate the convenience of a spacious garage in the Glebe, this is a feature that is becoming increasingly difficult to find. Perfectly positioned on one of the Glebe's most desirable streets, you'll enjoy being just steps from Bank Street's vibrant shops, cafés, restaurants, and local boutiques. Lansdowne Park, TD Place, the Rideau Canal, excellent schools, parks, and countless walking and cycling paths are all within easy reach, offering an unmatched urban lifestyle in one of Ottawa's most established and prestigious communities. Whether you're searching for your forever home, a renovation project with exceptional upside, or a property that combines homeownership with income potential, 80 Fourth Avenue presents a rare opportunity to make your vision a reality in a location that continues to be one of Ottawa's most desirable places to call home. (id:43934)

Ottawa, Ontario

Enjoy the Glebe lifestyle and all it has to offer! With Browns Inlet Pond and off leash dog park just 125 meters from the front door, family friendly swimming at Dow's Lake just 600 meters away, and your "commute" to work can be on skates, this incredibly well located home has it all! Here is a thoroughly renovated and meticulously maintained and updated family home in the heart of the Glebe. Offering 3 bedrooms, 3 bathrooms, a fully finished basement this one ticks all of the boxes! The main level features an entertainment sized living room, fully renovated kitchen with granite counters, high end stainless steel appliances and a cozy adjacent breakfast area. At the back of the home is a large family room with direct access to the sundeck and outdoor space. A 2 piece powder room completes the main level. Upstairs, we have 3 spacious bedrooms with ample closet space and a huge luxury 5 piece bath. The laundry area is also on the upper level. The basement is fully finished with a recreation room featuring in floor radiant heat, 4 piece bathroom and a multi use (currently fitness area) room. Many technical aspects of the home are state of the art. There is a cold climate heat pump which works down to -15C, in addition to the natural gas radiant heat with multiple zones. Domestic hot water is pre-heated by solar panels before it gets to the conventional electric hot water tank. The home is wired for an EV car charger as well! The Glebe is a wonderful community with access to the canal, Lansdown, the shops of Bank Street and excellent schools. 24 hours irrevocable on offers. (id:43934)

Ottawa, Ontario

Set within one of Ottawa's most prestigious and vibrant urban destinations, this exceptional two-storey luxury townhome at 1035 Bank Street delivers an elevated lifestyle defined by refined design, architectural beauty, and breathtaking Rideau Canal views, further enhanced by an exceptional array of condominium amenities. Meticulously curated with custom, high-end finishes throughout, this sophisticated home showcases a seamless fusion of contemporary elegance and timeless design. The open-concept main floor is anchored by beautiful hardwood flooring, creating warmth and continuity across the principal living spaces.The well-appointed kitchen is thoughtfully designed for both everyday living and entertaining, featuring quality finishes and a functional island with seating for casual dining. The layout flows seamlessly into a formal dining area and an elegant living room dramatically framed by soaring windows overlooking the Rideau Canal, flooding the home with natural light and providing a stunning year-round backdrop.From the main living space, step directly outside to the beautiful stone patio, ideal for entertaining, relaxing, or enjoying the vibrant energy of Lansdowne while maintaining a sense of refined privacy. Upstairs, the home transitions into a private and serene environment designed for comfort and flexibility. The primary suite serves as a true retreat, offering generous proportions, refined finishes, and direct access to a private balcony overlooking the Rideau Canal. The spa-inspired ensuite features a custom oversized glass shower and double vanity. The secondary bedroom is equally well-appointed with its own ensuite. A versatile loft with Murphy bed provides ideal space for guests, a home office, or additional lounge space. Perfectly positioned within Lansdowne Park, this residence places you steps from boutique shopping, award-winning restaurants, cafés, entertainment venues, and year-round recreation along the canal. (id:43934)

Ottawa, Ontario

Imagine owning a classic Glebe home and transforming it into the home you've always dreamed of. 86 Fourth Avenue presents a rare opportunity to purchase a timeless red brick property in one of Ottawa's most sought-after neighbourhoods while enjoying the flexibility of its current duplex configuration. Occupy either the main floor or upper suite and continue renting the other to help offset your mortgage, renovate one level at a time at your own pace, or transform the property into the extraordinary single-family residence you've always envisioned. Conceptual architectural floor plans have already been prepared, providing inspiration for a stunning four-bedroom family home while still giving you the freedom to personalize every detail and create a home that is uniquely your own. Rich in character and timeless architectural appeal, this classic residence showcases original hardwood flooring, beautiful wood trim, generous room proportions, inviting covered porches, a detached garage, an expansive driveway, and two separately metered hydro services. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, boutique shopping, cafés, award-winning restaurants, the Lansdowne Farmers' Market, excellent schools, parks, and countless year-round community events, you'll experience one of Ottawa's most walkable, vibrant, and cherished neighbourhoods where everything you need is just moments from your front door. Whether you choose to enjoy the home in its current configuration, thoughtfully renovate over time, or create your forever home from the ground up, 86 Fourth Avenue offers a truly unique opportunity to establish yourself in the Glebe while creating a home that can be enjoyed by your family for generations to come. (id:43934)

Ottawa, Ontario

Rarely available at Lansdowne! This exceptional corner 2-bedroom, 2-bathroom residence offers over 1,100 sq. ft. of beautifully appointed living space, with views of the Rideau Canal, Brown's Inlet and the Gatineau Hills from virtually every window - plus an incredible near-full-field view from the private balcony. Stunning kitchen with granite countertops, additional pantry, comfortable island seating. Living room is incredibly bright with wall-to-wall windows (Lutron Blinds). Dedicated dining area is a rare find, complete with a chic light fixture and mirror accents. The spacious primary suite offers two California Closets and a luxurious ensuite with a walk-in shower and double vanity. The versatile second bedroom is ideal as a home office or guest room, complete with a built-in Murphy bed. Enjoy exceptional building amenities including concierge service, fitness room, multiple party/entertainment rooms and guest suites. And then there's the location - with the very best of the Glebe and Lansdowne right outside your door. Enjoy acclaimed restaurants, vibrant nightlife, farmers' markets, sporting and music events, and scenic cycling and walking paths along the Canal. A rare combination of space, views, lifestyle and location - this is Lansdowne living at its finest! Underground parking and storage locker included. (id:43934)