Name: 101 STRATHCONA AVENUE, Ottawa | MLS® X12452627
SKU: x12452627
Price: 1699900.0 CAD
Availability: InStock

$1,699,900 Sale

Listed 20 hours ago

101 STRATHCONA AVENUE

MLS® x12452627 Fourplex

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Date:

Beds · 8+2

Baths · 4.0

Parking · 4

Sqft · 3000 - 3500

Est. mortgage

$6,449/mo

Key Facts

Key facts for 101 STRATHCONA AVENUE

Property Type

Apartment, Fourplex

Parking

Garage: Yes, 4 parking

MLS #

X12452627

Size

3000 - 3500 sqft

Basement

N/A

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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. With a projected cap rate above 5.1%, 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: $111,900/year. Expenses 2024: $24,887 (id:10452)

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Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

3000 - 3500 sqft

Heating Source

Natural gas

Heating Type

Hot water radiator heat

Air Conditioning

Window air conditioner

Kitchens

Full Bathrooms

Half Bathrooms

Basement Features

Apartment in basement

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

3000 - 3500 sqft

Heating Source

Natural gas

Heating Type

Hot water radiator heat

Air Conditioning

Window air conditioner

Kitchens

Full Bathrooms

Half Bathrooms

Basement Features

Apartment in basement

Exterior

Acreage

47.5 x 96.2 FT

Parking Spaces

Garage Spaces Y/N

Yes

Land Amenities

Public Transit

Acreage

47.5 x 96.2 FT

Parking Spaces

Garage Spaces Y/N

Yes

Land Amenities

Public Transit

Building Description

Style

Fourplex

Home Type

Apartment

Subtype

Fourplex

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Style

Fourplex

Home Type

Apartment

Subtype

Fourplex

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

4402 - Glebe

Area Code

Ottawa

Community

4402 - Glebe

Area Code

Ottawa

Room Types

Bathroom

Measurements not available

0 sqft

Bedroom

Dimensions 2.99 m x 2.652 m

85.35 sqft

Bedroom

Dimensions 3.305 m x 3.007 m

106.97 sqft

Team Bourque

Email: [email protected] Cell: 613-324-5959