Homes for sale in Ottawa Central Area 3:
The Glebe, Ottawa South, Ottawa East and Rideau Gardens
255 FIFTH AVENUE
4401 - Glebe
Ottawa
K1S 2N1
$2,450,000
Multi-family
beds: 18
baths: 4.0
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X12331780
- Bedrooms:
- 18
- Bathrooms:
- 4
- Photos (39)
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TURNKEY FOURPLEX + 5% CAP RATE + COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE! (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Living Area (Min):
- 3,500 sq. ft.325 m2
- Living Area (Max):
- 5,000 sq. ft.465 m2
- Taxes:
- $12,362.96 / -
- Community:
- 4401 - Glebe
- Exterior Features:
- Brick
- Structure Type:
- Fourplex
- Appliances Included:
- Washer, Refrigerator, Stove, Dryer
- Bedrooms:
- 18
- Bedrooms Above Grade:
- 12
- Bedrooms Below Grade:
- 6
- Bathrooms:
- 4.0
- Fireplace:
- No
- Foundation:
- Concrete
- Heating:
- Forced air, Natural gas
- # Storeys:
- 3.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- Finished, Full
- Lot Frontage:
- 50'15.2 m
- Lot Details:
- 50 x 66 FT
- Lot Features:
- Carpet Free
- Parking:
- Attached Garage, Garage
- Total Parking Spaces:
- 4
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Steps to Bank Street with shops and restaurants.
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Steps to Brown's Inlet.
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Just minutes to Lansdowne Park.
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated August 23, 2025 at 11:15 PM (UTC)
- RITA FUNG
- KELLER WILLIAMS INTEGRITY REALTY
- 613-720-0808
- ritafung@kw.com
- Tamara Villanyi Bokor
- Keller Williams Integrity Realty
- 613-796-9436
- tamaratheagent@gmail.com

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