101 STRATHCONA AVENUE

Ottawa, , K1S1X5, Canada

$1,630,000

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. 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: $108,300/year. Expenses 2025: $24,827. No conveyance of any written signed offers prior to 5pm on the 2 day of April 2026.

EXTRAS: All, Washer, Refrigerator, Stove, Dryer, Water Heater

Last updated on : Monday 30th of March 2026 12:25:36 PM

ADDRESS

Street : 101 STRATHCONA AVENUE

City : Ottawa

Country : Canada

Postal Code : K1S1X5

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PROPERTY SUMMARY

Property ID : X12452627

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 8 + 2

Bathrooms : 4

Parking : 4

Parking Type: Detached Garage, Garage

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