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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.
OTTAWA URBAN REALTY INC.
MLS®# X12452627 · Last modified 2026-06-03
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.
Stephan Gauthier is a Broker with Real Broker Ontario Ltd., Brokerage. Each office independently owned and operated.
| Living Room | Main | 19' × 12' 8" |
| Kitchen | Main | 11' × 8' 11" |
| Bathroom | Main | 0' × 0' |
| Bedroom | Main | 10' 8" × 10' 3" |
| Bedroom | Main | 12' 8" × 9' 9" |
| Bedroom | Main | 9' 4" × 8' 8" |
| Living Room | Second | 15' 7" × 12' 6" |
| Kitchen | Second | 9' 9" × 9' 2" |
| Bedroom | Second | 12' 9" × 11' 10" |
| Bedroom | Second | 12' 8" × 9' 9" |
| Bedroom | Second | 12' 7" × 10' 1" |
| Bathroom | Second | 0' × 0' |
| Great Room | Third | 20' 1" × 12' |
| Kitchen | Third | 8' 8" × 8' 4" |
| Bedroom | Third | 10' 10" × 9' 10" |
| Bedroom | Third | 9' 10" × 8' 8" |
| Bathroom | Third | 0' × 0' |
| Living Room | Basement | 14' 5" × 11' 4" |
| Dining Room | Basement | 10' 11" × 8' 4" |
| Kitchen | Basement | 8' 9" × 7' 1" |
| Bathroom | Basement | 0' × 0' |
| Bedroom | Basement | 12' 4" × 11' 1" |
| Bedroom | Basement | 12' 4" × 8' 10" |
Measurements deemed reliable but not guaranteed.
Estimated monthly payment
$8,008
Down payment: $326,000 · Loan: $1,304,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
