ON > Glebe - Ottawa East And Area > 4401 - Glebe
Glebe - Ottawa East And Area, ON K1S 2N1,255 Fifth AVE
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Glebe - Ottawa East And Area, ON K1S 2N1,255 Fifth AVE
Glebe - Ottawa East And Area, ON K1S 2N1,255 Fifth AVE
Glebe - Ottawa East And Area, ON K1S 2N1,255 Fifth AVE
Glebe - Ottawa East And Area, ON K1S 2N1,255 Fifth AVE
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Mahesh Mehra

Mahesh Mehra

+1(416) 820-0094
$ 2,450,000
Est. payment /mo
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255 Fifth AVE Glebe - Ottawa East And Area, ON K1S 2N1

18 Beds

4 Baths

UPDATED:

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

Lot Depth 66.0

Lot Front 50.0

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

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agent
Mahesh Mehra

Agent | N/A 4731525

+1(416) 820-0094 | mahesh@zuminrealestate.ca

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255 Fifth AVE