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120 STRATHCONA AVENUE, Ottawa

6 BEDS · 5 BATHS · 3000 - 3500 sqft

$1,395,000

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.

General Info


MLS Listing ID: X13739076 Bedrooms: 6 Bathrooms: 5 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Concrete, Stone Roof: N/A Title To Land: N/A Parking Space Total: 5
Parking: No Garage Heating: N/A Size: 3000 - 3500 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full (Partially finished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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