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Welcome to 386-388 First Avenue! An exceptional opportunity to own a charming double side-by-side in the heart of The Glebe, one of Ottawa's most sought-after urban neighbourhoods. Live in one and rent the other, or rent both. 386 First Avenue features a warm and inviting living room with a wood-burning fireplace, formal dining room, kitchen with a breakfast nook, Four generous bedrooms, two bathrooms, den and a versatile third-floor loft ideal as a home office, studio, or playroom. 388 First Avenue mirrors the layout but includes 3 bedrooms - perfect for extended family, guest rental income, or guest space. Each home boasts its own private backyard with deck, a single detached car garage, and a dedicated laneway with parking for up to 5 additional vehicles. Lower finished level offers laundry area, living space with walkout and tons of storage. Both units are ideal for owner-occupancy with income, multi-generational living, or full rental conversion into triplex or fourplex, subject to City of Ottawa zoning and approvals. Steps to Bank Street, Glebe Community Centre, parks, Lansdowne, top-rated schools, and Carleton University. Quick access to public transit and Hwy 417 makes this location incredibly attractive for tenants and future resale. Invest in the Glebe and unlock the full potential of this character-filled property in one of the City's highest-demand rental markets. This property blends character, functionality, and convenience. Whether you're an investor or looking for multi-generational living, this is a unique opportunity you wont want to miss! Located short distance from the upcoming brand-new Civic Hospital Campus, this home is perfect for healthcare professionals and proximity to medical services. Be our guest and book your private viewing today! 48 hours irrevocable on all offers.
2 Refrigerators, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers
City: Ottawa
Neighborhood: Glebe
Purchase Price | $2199000 |
Down Payment | $439800 |
Mortgage Insurance | $0 |
Total Mortgage | $1759200 |
Mortgage Payment | $10841 |
Property Taxes | $1073 |
Maintenance Fees | $0 |
Monthly Payment | $11913 |
Located at 386-388 First Ave , this Ottawa house is available for sale. This property was listed for $2,199,000 on Mon Jun 09 2025. This house's size is 3000-3500 Sqft. It has 7 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 12 parking spots. 386-388 First Ave, Ottawa is situated in the Glebe neighbourhood.
MLS#: X12208401 · $2,199,000 · 7 bedroom house in Glebe, Ottawa