Living (3.96 × 5.11)
Level: Ground
Glebe, Ottawa, Ontario K1S 1X6
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.
Listing activity for 120 Strathcona Ave, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,395,000 | N/A | For Sale | X13739076 |
Level: Ground
Level: Ground
Level: Ground
Level: Ground
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 3rd
Level: 3rd
Level: 3rd
Level: 3rd
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data
Municipal transit open data · Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$6,395
Total monthly payment
$7,511
Break-even down payment
100%
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$1,395,000
$1,395,000
CAD
Estimate unavailable
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