$2,450,000
14.51 BTC
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255 Fifth Avenue, Glebe - Ottawa East And Area
$2,450,000
PRICE
12 + 6
BEDROOMS
4
BATHROOMS
X12331780
MLSID

255 Fifth Avenue, Glebe - Ottawa East And Area

TURNKEY FOURPLEX + 5% CAP RATE + 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!
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Summary

Address
255 Fifth Avenue
Community
MLSID
X12331780
Property Type
Fourplex
Property Category
Bedrooms
12 + 6
Bathrooms
4
Kitchens
4
Taxes (Annual)
$12,362.96
Tax Year
2024
Published
August 7, 2025
Days on Market
6 Days
Possession Type
Flexible
Possession Details
Flexible/ Immediate
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Inclusions

4 fridges, 4 stoves, 4 washers and 4 dryers

Exclusions

tenant's belongings

Details

Parking Spaces
3
Parking Total
4
Architectural Style
3-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
50 Feet
Lot Depth
66 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX HALLMARK REALTY GROUP
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