ON > Ottawa > 4402 - Glebe
Ottawa, ON K1S1X5,101 STRATHCONA AVENUE
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Ottawa, ON K1S1X5,101 STRATHCONA AVENUE
Ottawa, ON K1S1X5,101 STRATHCONA AVENUE
Ottawa, ON K1S1X5,101 STRATHCONA AVENUE
Ottawa, ON K1S1X5,101 STRATHCONA AVENUE
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Zoë Van Wyck

Zoë Van Wyck

+1(613) 851-9388
$ 1,699,900
Est. payment /mo
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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

Square Footage 3,000 sqft

Price per Sqft $566

Subdivision 4402 - Glebe

MLS® Listing ID X12452627

Bedrooms 10

Source Ottawa Real Estate Board

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. 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: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

Heating Hot water radiator heat

Cooling Window air conditioner

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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Listed by OTTAWA URBAN REALTY INC.
Zoë Van Wyck

Zoë Van Wyck

Broker

+1(613) 851-9388

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101 STRATHCONA AVENUE