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Est. payment /mo
New
120 Strathcona AVE Glebe - Ottawa East And Area, ON K1S 1X6
6 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 4402 - Glebe
MLS Listing ID X13739076
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $13,394
Tax Year 2026
Property Sub-Type Multiplex
Property 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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full, Partially Finished
Kitchen 5
Interior
Interior Features None
Cooling Other
Inclusions All appliances and all light fixtures
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 36.33
Lot Depth 99.5
Total Parking Spaces 5
Building
Foundation Concrete, Stone
Others
Senior Community No
ParcelsYN No
Virtual Tour https://www.120strathconaave.com/unbranded
Listed by RE/MAX ABSOLUTE WALKER REALTY