255 Fifth Avenue, Ottawa, Ontario K1S2N1

Listed on Aug 08, 2025 • 4401 - Glebe • MLS® #X12331780

Bedrooms18
Bathrooms4
SizeN/A SqFt
Total Parking4
Front DoorN/A
Lot Size50 x 66 FT

Description

TURNKEY FOURPLEX (GROSS INCOME $144,600/EXPENCES $24,167/NET INCOME $120,432)+ COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE! (id:39198)

Features & Details

Key Summary

Property Type: Multi-family
Taxes: $12,363
Lot Size: 50 x 66 FT
Basement: Finished, Full
Total Parking: 4

  • Style: Fourplex
  • Property Class: CommercialProperty
  • Last Status: New
  • Days on Market: 173

  • Bedrooms: 18
  • Bathrooms: 4
  • Heating: Forced air, Natural gas
  • Cooling: None
  • Basement: Finished, Full
  • Extras / Inclusions: Washer, Refrigerator, Stove, Dryer

  • Exterior Construction: Brick
  • Foundation: Concrete
  • Lot Dimensions: 50 x 66 FT
  • Lot Features: Carpet Free
  • Water Source: Municipal water
  • Sewer: Sanitary sewer

  • Total Parking Spaces: 4

  • MLS® Number: X12331780
  • Listed On: Aug 08, 2025
  • Last Status: New
  • Days on Market: 173
  • Updated On: Nov 22, 2025 04:35
  • Brokerage: RE/MAX HALLMARK REALTY GROUP
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25 years

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