Homes for sale - 101 Strathcona AVE, Glebe

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Jeremy Van Caulart

jeremy@getadvantage.ca +1(437) 529-4649

$ 1,699,900

Est. payment | -/mo

10 Beds

4 Baths

Save

$ 1,699,900

Est. payment | -/mo

Save

10 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 4402 - Glebe

MLS Listing ID X12452627

Style 3-Storey

Bedrooms 10

Annual Tax Amount $11,105

Tax Year 2025

Property Sub-Type Fourplex

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. With a projected cap rate above 5.1%, 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: $111,900/year. Expenses 2024: $24,887

Location

Province ON

County Ottawa

Community 4402 - Glebe

Area Ottawa

Rooms

Family Room No

Basement Apartment

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Water Heater Owned

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Private Double

Garage Spaces 2.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle,Membrane

Lot Frontage 47.5

Lot Depth 96.17

Total Parking Spaces 4

Building

Building Age 100+

Unit Features Public Transit

Foundation Stone

Listed by OTTAWA URBAN REALTY INC.

"Helping clients build weath through strategic real estate aquisitions"

+1(437) 529-4649

jeremy@getadvantage.ca

118 Merchants Wharf Unit 302, Toronto, Ontario, M5A0L3, CAN

101 Strathcona AVE Glebe - Ottawa East And Area, ON K1S 1X5