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Home ON Ottawa - Gatineau Ottawa Glebe - Dows Lake
241 FIFTH AVENUE
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241 FIFTH AVENUE $2,750,000
$2,750,000
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241 FIFTH AVENUE
Ottawa, Ontario K1S2N1

MLS® Number: 1398905

Listing Description

Discover a rare opportunity to own an updated fourplex in The Glebe, one of Ottawa's most sought-after areas. This property presents investors a chance to capitalize on its prime location and modern updates. Each unit is beautifully renovated, ensuring attractive living spaces that appeal to tenants seeking comfort and style. Two units are currently leased under master leases, providing stable income, and there's an opportunity to lease the remaining two units at market rates. Ample parking further enhances income potential in this centrally located neighborhood. Renowned for its vibrant community, eclectic mix of shops, cafes, and proximity to parks and recreational facilities, the location ensures high demand from tenants looking for both convenience and quality of life. Expand your portfolio with this smart investment choice and don't miss this prime real estate opportunity. Schedule your viewing today! (28482044)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
3
Neighbourhood Name
Glebe
Land Size
49.94 ft X 102.87 ft
Built in
1914
Annual Property Taxes
$13,483
Parking Type
Surfaced
Time on REALTOR.ca
11 days

Building

Interior Features
Fixtures Included
Drapes/Window coverings
Flooring
Hardwood, Laminate, Tile
Basement Type
Full (Finished)
Building Features
Features
Balcony
Style
Attached
Building Amenities
Furnished
Total Units
4
Heating & Cooling
Cooling
Wall unit, Air exchanger
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Communications
Internet Access
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation Nearby, Shopping
Parking
Parking Type
Surfaced
Total Parking Spaces
6

Land

Lot Features
Frontage
49 ft ,11 in
Land Depth
102 ft ,10 in
Other Property Information
Zoning Description
Residential
Lease Type
Gross
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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