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$ 1,630,000
Est. payment /mo
Active
101 STRATHCONA AVENUE Ottawa, ON K1S1X5
10 Beds
4 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000 - 3500
Square Footage 3,000 sqft
Price per Sqft $543
Subdivision 4402 - Glebe
MLS® Listing ID X12452627
Bedrooms 10
Property Description
Outstanding opportunity in the Glebe, halfway between the Rideau Canal and Bank Streets shops, cafés, and transit. This legal 4-unit solid BRICK building combines classic charm with smart, income-generating potential in one of Ottawa's most desirable neighbourhoods. Featuring two 2-bedroom units and two 3-bedroom units (with dishwashers!), each suite is bright, spacious, and well-maintained, ideal for professional tenants. The property offers multiple balconies, a two-car garage, and a coin-operated laundry for added convenience and income. Recent system updates ensure efficiency and peace of mind, while original character elements -- very high ceilings, transom windows, hardwood floors, wonderful original trim, updated antique light fixtures, and large windows -- enhance the property's timeless appeal. This building represents a rare combination of stability, location, and upside potential. Investors will appreciate the solid rental history and strong tenant demand, while those seeking an owner-occupied option will find the generous main-floor or upper units ideal for personal use with income support from the remaining apartments.The property sits mid-block on Strathcona Avenue, just steps to the Canal pathways, Lansdowne Park, parks, schools, and all the amenities of Bank and Elgin streets. A truly turnkey investment or flexible live-in opportunity offering the perfect balance of lifestyle and long-term value in the heart of the Glebe. Updated systems. Long term owner. Close to everything. Two outdoor plus two garage parking spaces. Private drive. Amazing opportunity! Gross Income: $108,300/year. Expenses 2025: $24,827. (id:24570)
Location
Province ON
Rooms
Kitchen 4.0
Extra Room 1 Second level 3.835 m X 3.081 m Bedroom
Extra Room 2 Second level Measurements not available Bathroom
Extra Room 3 Second level 4.738 m X 3.804 m Living room
Extra Room 4 Second level 2.968 m X 2.782 m Kitchen
Extra Room 5 Second level 3.874 m X 3.607 m Bedroom
Extra Room 6 Second level 3.856 m X 2.963 m Bedroom
Interior
Cooling Window air conditioner
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by OTTAWA URBAN REALTY INC.
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