120 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X6
Glebe - Ottawa East and Area, ON, K1S 1X6 · 4402 - Glebe
About this property
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.
Features & Amenities
- Basement: Full, Partially Finished
- Garage: None
- Cooling: Other
- Heat Type: Water
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick, Wood
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 6 |
| Bathrooms | 5 |
| Basement | Full, Partially Finished |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $13,395 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- None
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick, Wood
- Foundation Details
- Concrete, Stone
- Roof
- Asphalt Shingle
- Basement
- Full, Partially Finished
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- Other
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 99.50
- Lot Width
- 36.33
Financial & Tax
- Tax Annual Amount
- $13,395
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Rooms Below Grade
- 6
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Ottawa
- Cross Street
- O'Connor Street and Strathcona Avenue
- Directions
- O'Connor Street and Strathcona Avenue
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
120 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X6, Glebe - Ottawa East and Area, ON, K1S 1X6