39
See all 39 photos
$2,450,000
Est. payment /mo
18 Beds
4 Baths
New
255 Fifth AVE Glebe - Ottawa East And Area, ON K1S 2N1
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 4401 - Glebe
MLS Listing ID X12331780
Style 3-Storey
Bedrooms 18
Annual Tax Amount $12,362
Tax Year 2024
Property Sub-Type Fourplex
Property Description
TURNKEY FOURPLEX + 5% CAP RATE + COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE!
Location
Province ON
County Ottawa
Community 4401 - Glebe
Area Ottawa
Rooms
Family Room No
Basement Full, Finished
Kitchen 4
Separate Den/Office 6
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 66.0
Total Parking Spaces 4
Building
Foundation Concrete
Others
Virtual Tour https://mls.kuu.la/share/hgmCs?fs=1&vr=1&zoom=1&initload=0&autorotate=0.06&thumbs=1&margin=4&alpha=0.61
Listed by RE/MAX HALLMARK REALTY GROUP