Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

120 Strathcona Avenue Ottawa, Ontario K1S 1X6

6 Bedroom 5 Bathroom 3,000 - 3,500 sqft
Fireplace

$1,395,000

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. (id:67947)

Property Details

MLS® Number X13739076
Property Type Multi-family
Community Name 4402 - Glebe
Parking Space Total 5

Building

Bathroom Total 5
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances All
Basement Development Partially Finished
Basement Type Full (partially Finished)
Exterior Finish Brick, Wood
Fireplace Present Yes
Foundation Type Concrete, Stone
Heating Fuel Natural Gas
Stories Total 3
Size Interior 3,000 - 3,500 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 99 Ft ,6 In
Size Frontage 36 Ft ,3 In
Size Irregular 36.3 X 99.5 Ft
Size Total Text 36.3 X 99.5 Ft

Rooms

Level Type Dimensions
Second Level Living Room 4.72 m x 3.66 m
Second Level Kitchen 4.8 m x 3.43 m
Second Level Bedroom 3.4 m x 3.15 m
Second Level Living Room 5.39 m x 3.76 m
Second Level Bedroom 2.97 m x 2.54 m
Third Level Dining Room 2.79 m x 2.18 m
Third Level Kitchen 3.43 m x 3.07 m
Third Level Bedroom 5.44 m x 4.27 m
Third Level Living Room 5.03 m x 4.98 m
Basement Utility Room 3.53 m x 2.9 m
Basement Storage 4.75 m x 1.19 m
Basement Laundry Room 5.03 m x 1.8 m
Basement Bedroom 3.08 m x 3.51 m
Basement Kitchen 2.44 m x 2.41 m
Basement Living Room 4.42 m x 5.19 m
Ground Level Living Room 5.11 m x 3.96 m
Ground Level Primary Bedroom 4.78 m x 3.73 m
Ground Level Bedroom 3.94 m x 4.29 m
Ground Level Kitchen 5.18 m x 3.38 m

https://www.realtor.ca/real-estate/30228189/120-strathcona-avenue-ottawa-4402-glebe

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Geoff Walker, RE/MAX Absolute Walker Realty

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