Mirna Botros
613-600-2626120 Strathcona Avenue - $1,395,000
120 Strathcona Avenue - $1,395,000
120 Strathcona Avenue
$1,395,000
4402 - Glebe
Ottawa, OntarioK1S1X6
6 beds
5 baths
5 parking
MLS#: X13739076Listed: 1 day agoUpdated:1 day ago
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. (id:58075)Details
Details for 120 Strathcona Avenue, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Other
- Storeys
- 2.5
- Neighborhood
- 4402 - Glebe
- Land Size
- 36.3 x 99.5 FT
- Year Built
- -
- Annual Property Taxes
- $13,395
- Parking Type
- No Garage
Inside
- Appliances
- All
- Rooms
- 19
- Bedrooms
- 6
- Bathrooms
- 5
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Partially finished, Full
Building
- Architecture Style
- -
- Direction
- O'Connor Street and Strathcona Avenue
- Type of Dwelling
- other
- Roof
- -
- Exterior
- Wood, Brick
- Foundation
- Stone, Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 36.3 x 99.5 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- 5
Utilities
- Cooling
- -
- Heating
- Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 120 Strathcona Avenue, Ottawa, OntarioMap
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