120 STRATHCONA AVENUE
Ottawa, Ontario
MLS® X13739076
$1,395,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13739076
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- —
1 / 52Listing description
A rare opportunity in the heart of the Glebe. This 2. 5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods.
Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5. 56% cap rate.
The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look.
The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking.
Basement storage. A prime Glebe location. And plenty of potential.
Property summary
- MLS® number
- X13739076
- Property type
- Multi-family
- Building type
- Other
- Land size
- 36.3 x 99.5 FT
- Annual property taxes
- $13,394.92
- Parking
- 5 spaces · No Garage
- Days on market
- 15 days
Features & details
- Heating
- Natural gas
- Basement
- Partially finished, Full
- Appliances
- All
- Exterior features
- Wood, Brick
What would this home cost you?
Based on the $1,395,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX ABSOLUTE WALKER REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.