4 Bedrooms

3 Bathrooms

1,100 - 1,500 sqft Interior

3 Parking spaces

25.5 X 89 Ft Lot size

1 day ago Listed

Central Air Conditioning Forced Air Finished basement

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About this home

Fully Vacant. Immediate possession. The Glebe's most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century property offers immediate upside in one of Ottawa's strongest rental markets. The lower-level 1-bedroom unit features a private rear walkout and dedicated parking. The freshly painted main-floor 1-bedroom and the 2nd-floor 2-bedroom unit feature a den, skylights in the upper loft bedroom, and a south-facing deck, providing exceptional flexibility for investors or owner-occupiers. Additional features include 3 separate hydro meters, 3 parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck, and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe's unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential. Motivated seller. Bring offers. (id:28469)

Facts & features

Property

MLS® Number: X13780898
Property Type: Multi-family
Community Name: 4402 - Glebe
Equipment Type: Water Heater
Features: In-law Suite
Parking Space Total: 3
Rental Equipment Type: Water Heater
Structure: Deck

Building

Bathroom Total: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 1
Bedrooms Total: 4
Amenities: Separate Electricity Meters
Appliances: Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Features: Apartment In Basement, Walk Out
Basement Type: N/a, N/a (finished), Full
Cooling Type: Central Air Conditioning
Exterior Finish: Brick
Foundation Type: Stone
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 3
Size Interior: 1,100 - 1,500 Sqft
Type: Triplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 89 Ft
Size Frontage: 25 Ft ,6 In
Size Irregular: 25.5 X 89 Ft
Size Total Text: 25.5 X 89 Ft
Zoning Description: N4b - R3q

Utilities

Cable: Installed
Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $4,427/mo
Ontario land transfer tax: $16,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Glebe market

26 Active listings

$867,500 Median asking price

15% above median This home

31 days Avg. time on market

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Location

60 Clarey Avenue, Ottawa, Ontario K1S 2R7 · Get directions

60 Clarey Avenue