120 Strathcona Avenue,Glebe - Ottawa East and Area, ON K1S 1X6
Glebe - Ottawa East and Area, ON K1S 1X6
Description
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.
Details
| MLS # | X13739076 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 63 |
| Listing Provided By | RE/MAX ABSOLUTE WALKER REALTY | X13739076 502100 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.08 |
Interior
| Interior Features | None |
|---|---|
| Cooling | Other |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete, Stone |
| Construction Materials | Brick, Wood |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 13394.92 |
|---|---|
| Tax Legal Description | LT 33, PL 58775 , S/S STRATHCONA AVENUE ; OTTAWA/NEPEAN |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Ottawa |
| City | Glebe - Ottawa East and Area |
| Postal Code | K1S 1X6 |
| Area | 4402 Glebe |
| Listing VS Median (in K1S 1X6) | |
Price: $1,395,000 low | high Med: $0 On site: 63 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | Glebe - Ottawa East and Area |
| Postal Code | K1S 1X6 |
| Area | 4402 Glebe |
| Listing VS Median (in K1S 1X6) | |
Price: $1,395,000 low | high Med: $0 On site: 63 low | high Med: | |
