TURNKEY FOURPLEX (GROSS INCOME $144,600/EXPENCES $24,167/NET INCOME $120,432)+ 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!
For sale
C$2,200,000
255 5th Ave, Ottawa, ON K1S 2N1
18beds
4baths
Quadruplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Spacious covered balconiesHardwood floorsIn-unit laundryGarage and driveway parking
- 127 days |
- 20 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 06:33am
Listed by:
RE/MAX HALLMARK REALTY GROUP
Source: TRREB,MLS®#: X12331780
Originating MLS®#: Ottawa Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- None
Features
- Flooring: Carpet Free
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 3
- Patio & porch: Deck
- Pool features: None
Lot
- Size: 3,300 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$12,362
- Date on market: 8/7/2025
RE/MAX HALLMARK REALTY GROUP
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Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Glebe
Nearby schools
GreatSchools rating
No schools nearby
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