Outstanding opportunity in the Glebe, halfway between the Rideau Canal and Bank Streets shops, cafés, and transit. This legal 4-unit solid BRICK building combines classic charm with smart, income-generating potential in one of Ottawa's most desirable neighbourhoods. Featuring two 2-bedroom units and two 3-bedroom units (with dishwashers!), each suite is bright, spacious, and well-maintained, ideal for professional tenants. The property offers multiple balconies, a two-car garage, and a coin-operated laundry for added convenience and income. Recent system updates ensure efficiency and peace of mind, while original character elements -- very high ceilings, transom windows, hardwood floors, wonderful original trim, updated antique light fixtures, and large windows -- enhance the property's timeless appeal. This building represents a rare combination of stability, location, and upside potential. Investors will appreciate the solid rental history and strong tenant demand, while those seeking an owner-occupied option will find the generous main-floor or upper units ideal for personal use with income support from the remaining apartments.The property sits mid-block on Strathcona Avenue, just steps to the Canal pathways, Lansdowne Park, parks, schools, and all the amenities of Bank and Elgin streets. A truly turnkey investment or flexible live-in opportunity offering the perfect balance of lifestyle and long-term value in the heart of the Glebe. Updated systems. Long term owner. Close to everything. Two outdoor plus two garage parking spaces. Private drive. Amazing opportunity! Gross Income: $108,300/year. Expenses 2024: $24,887
Address
101 Strathcona Avenue
List Price
$1,699,900
MLS® Status
New
Expiration Date
2026-04-08
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
3-Storey
Transaction Type
Sale
Area
Glebe - Ottawa East and Area
Sub-Area
4402 - Glebe
Region
Ottawa
Bedrooms
8 + 2
Bedrooms (Total)
10
Rooms Above Grade
17
Rooms Below Grade
6
Bathrooms
4
Floor Area
3000-3500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
96.17
Lot Size Units
Feet
Lot Width
47.5
Parcel Number
041320025
Occupant Type
Owner+Tenant
Cross Street
Strathcona east of O'Connor
Approx. Age
100+ Years
MLS® Number
X12452627
Listing Brokerage
OTTAWA URBAN REALTY INC.
Basement Area
Apartment
Postal Code
K1S 1X5
Posession Details
TBA
Parking
Private Double
Parking Places (Total)
4
Parking Spaces
2
Tax Amount
$11,105.00
Tax Year
2025
Site Influences
Porch, Public Transit
Exterior Features
Porch
Interior Features
Water Heater Owned
Property Features
Public Transit
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Water
Cooling Features
Window Unit(s)
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Stone
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle, Membrane
Tax Legal Description
PT LT 39 & LT 40, PL 58775 , AS IN N329964, N/S STRATHCONA AVENUE ; OTTAWA/NEPEAN
Waterfront
No
Waterfront
None
Sewer
Sewer
