Mirna Botros

613-600-2626

163 First Avenue - $1,799,000

163 First Avenue - $1,799,000

163 First Avenue

$1,799,000

4402 - Glebe
Ottawa, OntarioK1S2G3
0 beds
0 baths
null parking
4,738 sq ft
MLS#: X14176316Listed: about 3 hours agoUpdated:about 3 hours ago

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. (id:58075)

Details

Details for 163 First Avenue, Ottawa, Ontario
Property Type
Multi Family
Building Type
Multi Family
Square Footage
4,738 sq ft
Storeys
-
Neighborhood
4402 - Glebe
Land Size
Bldg=46 x 103 FT
Year Built
-
Annual Property Taxes
$14,382
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
0
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: Bank St & First Ave. ** Directions: From Highway 417 north on Bank St. Left on First Ave. Property on left.
Type of Dwelling
multi_family
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
Bldg=46 x 103 FT
Zoning
-
Zoning Description
N4B [1474] H(11)
Parking
Features
-
Total Parking
-
Utilities
Cooling
None
Heating
Hot water radiator heat, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 163 First Avenue, Ottawa, Ontario
LevelNameDimensions

Map

Mirna Botros

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