$1,395,000
Available - For Sale
Listing ID: X13739076
120 Strathcona Avenue , Glebe - Ottawa East and Area, K1S 1X6, Ottawa
| A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential. |
| Price | $1,395,000 |
| Taxes: | $13394.92 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 120 Strathcona Avenue , Glebe - Ottawa East and Area, K1S 1X6, Ottawa |
| Directions/Cross Streets: | O'Connor Street and Strathcona Avenue |
| Rooms: | 13 |
| Rooms +: | 6 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Partially Fi |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Living Ro | 16.76 | 12.99 | |
| Room 2 | Ground | Primary B | 15.68 | 12.23 | |
| Room 3 | Ground | Bedroom | 12.92 | 14.07 | |
| Room 4 | Ground | Kitchen | 16.99 | 11.09 | |
| Room 5 | Second | Living Ro | 15.48 | 12 | |
| Room 6 | Second | Kitchen | 15.74 | 11.25 | |
| Room 7 | Second | Bedroom | 11.15 | 10.33 | |
| Room 8 | Second | Living Ro | 17.68 | 12.33 | |
| Room 9 | Second | Bedroom | 9.74 | 8.33 | |
| Room 10 | Third | Living Ro | 16.5 | 16.33 | |
| Room 11 | Third | Dining Ro | 9.15 | 7.15 | |
| Room 12 | Third | Kitchen | 11.25 | 10.07 | |
| Room 13 | Basement | Utility R | 17.84 | 14.01 | |
| Room 14 | Basement | Utility R | 11.58 | 9.51 | |
| Room 15 | Basement | Locker | 15.58 | 3.9 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Wood |
| Garage Type: | None |
| Drive Parking Spaces: | 5 |
| Pool: | None |
| Approximatly Square Footage: | 3000-3500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Water |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ABSOLUTE WALKER REALTY |
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|
Behzad Rahdari
Broker, P. Eng.
Dir:
416-301-7556
Bus:
905-883-4922
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Ottawa |
| Municipality: | Glebe - Ottawa East and Area |
| Neighbourhood: | 4402 - Glebe |
| Style: | 2 1/2 Storey |
| Tax: | $13,394.92 |
| Beds: | 6 |
| Baths: | 5 |
| Fireplace: | Y |
| Pool: | None |
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