101 STRATHCONA AVENUE, Ottawa, Ontario, K1S1X5
MLS: X12452627 | Fourplex
$1,630,000
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:64974)
Quick Facts
- Property Type: Fourplex
- Bedrooms: 10 (8 above, 2 below)
- Bathrooms: 4
- Attached: Yes
- Parking: 4.0 spaces (Detached Garage, Garage)
- Frontage: 48 ft (14.5 m)
Costs
- Annual Taxes: $12,077.29 (2025)
Listing Provided by: OTTAWA URBAN REALTY INC.
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Window air conditioner
- Basement: Apartment in basement, N/A
- Appliances: All, Washer, Refrigerator, Stove, Dryer, Water Heater
Exterior & Construction
- Exterior: Brick
- Foundation: Stone
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 48 ft (14.5 m)
Community & Neighbourhood
- Neighbourhood: 4402 - Glebe
Room Details (23 rooms)
Listing Information
Listing History
MLS listing activity for 101 STRATHCONA AVENUE, Ottawa, Ontario, K1S1X5 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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101 STRATHCONA AVENUE, Ottawa, Ontario, K1S1X5