255 Fifth Avenue, Glebe – Ottawa East And Area, ON K1S 2N1

  • $2,200,000
  • $2,450,000
255 Fifth Avenue, Glebe - Ottawa East And Area, ON K1S 2N1
Active
255 Fifth Avenue, Glebe – Ottawa East And Area, ON K1S 2N1
255 Fifth Avenue, Glebe - Ottawa East And Area, ON K1S 2N1
  • $2,200,000
  • $2,450,000

Overview

Property ID: HZX12331780
  • Fourplex, Residential
  • Property Type
  • 18
  • Bedrooms
  • 4
  • Bathrooms

Description

TURNKEY FOURPLEX (GROSS INCOME $144,600/EXPENCES $24,167/NET INCOME $120,432)+ 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!

  • Address 255 Fifth Avenue
  • City Glebe - Ottawa East And Area
  • State/county ON
  • Zip/Postal Code K1S 2N1

Details

Updated on November 24, 2025 at 2:33 pm
  • Property ID: HZX12331780
  • Price: $2,200,000
  • Bedrooms: 18
  • Bathrooms: 4
  • Garage Size: x x
  • Property Type: Fourplex, Residential
  • Property Status: Active
  • MLS#: X12331780

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: None
  • County: Ottawa
  • Property Type: Residential
  • Pool: None
  • Architectural Style: 3-Storey

Features

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