163 FIRST AVENUE
Ottawa, Ontario
MLS® X14176316
$1,799,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14176316
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 30Listing description
Rare six-unit multifamily investment opportunity in the heart of the Glebe, one of Ottawa's most desirable and amenity-rich urban neighbourhoods. This well-maintained purpose-built apartment building offers a highly sought-after unit mix comprising four two-bedroom suites and two one-bedroom suites, catering to a stable tenant profile that includes working professionals and couples. Building systems include hot water radiator heating, six dedicated storage lockers, recently roughed-in common laundry facilities which can accommodate one washer and one dryer, and other notable capital improvements including a flat roof replacement completed in 2019, with an additional roof section replaced in 2025.
The property benefits from N4B [1474] H(11) zoning, providing investors with long-term positioning in a neighbourhood characterized by strong rental demand, limited housing supply, and exceptional walkability. Residents enjoy immediate access to a wide range of everyday conveniences, all within walking distance, including Metro Glebe, Shoppers Drug Mart, Starbucks, RBC Royal Bank, Capital Home Hardware, and Canada Post. The property also benefits from proximity to some of Ottawa's most prominent destinations, including TD Place Stadium (1.
4 km) and Parliament Hill (2. 3 km), further enhancing its appeal to existing and prospective tenants.
Property summary
- MLS® number
- X14176316
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 4,738 sq ft
- Land size
- Bldg=46 x 103 FT
- Annual property taxes
- $14,382.00
- Days on market
- 0 days
Features & details
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- None
What would this home cost you?
Based on the $1,799,000 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 CAPITAL COMMERCIAL INVESTMENT CORP., 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.