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101 Strathcona Avenue Ottawa, Ontario K1S 1X5

10 Bedroom 4 Bathroom 3,000 - 3,500 ft2
Window Air Conditioner Hot Water Radiator Heat

$1,699,900

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. With a projected cap rate above 5.1%, 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: $111,900/year. Expenses 2024: $24,887 (id:37351)

Property Details

MLS® Number X12452627
Property Type Multi-family
Community Name 4402 - Glebe
AmenitiesNearBy Public Transit
ParkingSpaceTotal 4
Structure Porch

Building

BathroomTotal 4
BedroomsAboveGround 8
BedroomsBelowGround 2
BedroomsTotal 10
Age 100+ Years
Appliances Water Heater, All, Dryer, Stove, Washer, Refrigerator
BasementFeatures Apartment In Basement
BasementType N/a
CoolingType Window Air Conditioner
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
StoriesTotal 3
SizeInterior 3,000 - 3,500 Ft2
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 96 Ft ,2 In
SizeFrontage 47 Ft ,6 In
SizeIrregular 47.5 X 96.2 Ft
SizeTotalText 47.5 X 96.2 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3.835 m x 3.081 m
Second Level Bathroom Measurements not available
Second Level Living Room 4.738 m x 3.804 m
Second Level Kitchen 2.968 m x 2.782 m
Second Level Bedroom 3.874 m x 3.607 m
Second Level Bedroom 3.856 m x 2.963 m
Third Level Great Room 6.134 m x 3.656 m
Third Level Kitchen 2.645 m x 2.537 m
Third Level Bedroom 3.305 m x 3.007 m
Third Level Bedroom 2.99 m x 2.652 m
Third Level Bathroom Measurements not available
Basement Living Room 4.399 m x 3.452 m
Basement Dining Room 3.322 m x 2.552 m
Basement Kitchen 2.669 m x 2.155 m
Basement Bathroom Measurements not available
Basement Bedroom 3.763 m x 3.388 m
Basement Bedroom 3.769 m x 2.703 m
Main Level Living Room 5.8 m x 3.862 m
Main Level Kitchen 3.351 m x 2.709 m
Main Level Bathroom Measurements not available
Main Level Bedroom 3.246 m x 3.132 m
Main Level Bedroom 3.859 m x 2.964 m
Main Level Bedroom 2.847 m x 2.633 m

https://www.realtor.ca/real-estate/28967742/101-strathcona-avenue-ottawa-4402-glebe

Contact Us

Contact us for more information

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Dan Moloughney
Broker of Record

(613) 233-2323
www.ottawaurbanrealty.com/
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www.linkedin.com/in/dan-moloughney-53164711/
Ottawa Urban Realty Inc.
36 Rosebery Avenue
Ottawa, Ontario K1S 1W2

(613) 233-2323

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