$2,200,000
Listed for $2,200,000 on Aug. 08, 2025

255 Fifth Avenue

Glebe - Ottawa East and Area

18 Bed|4 Bath|Yes|293 days on market

$2,200,000

Listed for $2,200,000 on Aug 8, 2025

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$1031 / month
Total Parking Spots
4
Garage Spaces
3
Furnished
No
Move-in Date
Flexible/ Immediate
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Full, Finished
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick
Sewer
Sewer
Property Type
Residential Freehold

Listing Description

TURNKEY FOURPLEX (GROSS INCOME $144,600/EXPENCES $24,167/NET INCOME $120,432)+ COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE!

About 255 Fifth Avenue, Glebe - Ottawa East and Area

Located at 255 Fifth Avenue , this Glebe - Ottawa East and Area house was listed for $2,200,000. It has 18 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 4 parking spots.


MLS#: undefined · $2,200,000 · 18 bedroom house in Glebe - Ottawa East and Area