26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9
Glebe - Ottawa East and Area
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A rare multi unit gem in one of Ottawa's Most Coveted Neighborhoods. Welcome to a premier, fully tenanted investment opportunity in Old Ottawa South. Perfectly positioned on an expansive 30' x 161' lot, this property offers the ultimate combination of immediate cash flow and future development potential. The property boasts a major 3,000 sq. ft. addition completed in 2017, bringing the total to four self-contained, high-yielding apartments (one 3 bed, two 2 beds, and one 1 bed). Every unit benefits from the convenience of private, in unit laundry, a massive draw for top tier tenants. The original front unit has been tastefully modernized with gleaming hardwood floors, granite countertops, contemporary cabinetry, and a renovated bath. Mechanically, this building is a dream for hands off investors. It features updated roofing (2017), a 2017 sump pump, and independent climate controls. Utilities are efficiently split across 3 hydro meters, 3 gas meters, and 1 water meter. Currently generating a strong $11,349.31 in gross monthly rental income with a 6.3% cap rate, this property is rock-solid. Best of all? The City of Ottawa has indicated potential for a 5 plex conversion, giving you a clear path to instantly boost your equity and revenue whenever you're ready. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE IS.
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 26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9
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MLS# X13199062
Listed by ROYAL LEPAGE PERFORMANCE REALTY
On market since May 27, 2026
26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9 is listed for $1,699,000 CAD.
26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9 has 8 bedrooms and 6 bathrooms.
26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9 is a Multiplex.
26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9 is in Glebe - Ottawa East and Area, Ontario.
26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 26 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2W9 (MLS# X13199062). You can also send a message through the contact form on this site.
