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Marianne Knezovic
Real Broker Ontario Ltd., Brokerage
marianne@storeycollective.com +1(416) 886-9937$ 1,250,000
Est. payment | /mo
6 Beds
4 Baths
$ 1,250,000
Est. payment | /mo
6 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 4401 - Glebe
MLS Listing ID X12069370
Style 3-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $9,733
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Welcome to 209 Fifth Avenue, a well-maintained fourplex in a sought-after location near Carleton University, Bank Street, Lansdowne Park, and the Rideau Canal. This fully rented property features three spacious 2-bedroom units with hardwood flooring and large living areas, plus a revamped bachelor unit in the basement. Recent updates include window replacements, roof improvements, kitchen and bathroom upgrades, and electrical enhancements. A turn-key investment with strong rental demand, this property offers excellent long-term growth potential in one of Ottawas top rental markets. GOI 72,141.6, insurance 1800/yr, Hydro 1,669/yr, heat 2,564/yr, water 2,000/yr, HWT rental 766/yr, snow removal 493/yr, taxes 10,313/2024
Location
Province ON
County Ottawa
Community 4401 - Glebe
Area Ottawa
Rooms
Family Room No
Basement Finished, Full
Kitchen 4
Separate Den/Office 1
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 103.0
Total Parking Spaces 2
Building
Foundation Stone
Others
Virtual Tour https://bit.ly/4lq2y8I
Listed by RE/MAX HALLMARK REALTY GROUP