101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5
Glebe - Ottawa East and Area
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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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5
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MLS# X12452627
Listed by OTTAWA URBAN REALTY INC.
On market since Oct 8, 2025
101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5 is listed for $1,630,000 CAD.
101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5 has 10 bedrooms and 4 bathrooms.
101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5 is a Fourplex.
101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5 is in Glebe - Ottawa East and Area, Ontario.
101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 101 Strathcona Avenue, Glebe - Ottawa East and Area, ON K1S 1X5 (MLS# X12452627). You can also send a message through the contact form on this site.
