Prime Investment Opportunity in the Heart of Ottawa – Fully Tenanted Fourplex
Welcome to 209 Fifth Avenue, a charming and well-maintained residential freehold fourplex in one of Ottawa’s most sought-after locations. Nestled in the vibrant Glebe neighborhood, this property is just minutes from Carleton University, Bank Street, Lansdowne Park, and the Rideau Canal, making it an ideal choice for investors seeking strong tenant demand and consistent rental income.
This fully rented fourplex features three spacious 2-bedroom units and one bachelor unit, catering to a mix of professionals and students. Each two-bedroom unit boasts hardwood flooring, expansive living areas, and large windows that invite natural light, enhancing the character and warmth of each space. The bachelor unit, located in the basement, has been thoughtfully updated to maximize functionality and comfort.
Key Updates & Features:
✔ Fully rented, providing immediate income stream
✔ Prime location near shopping, dining, transit, and Ottawa’s top amenities
✔ Recent updates, including window replacements, roof improvements, kitchen and bathroom upgrades, and electrical enhancements
✔ Spacious layouts with hardwood floors throughout the larger units
✔ Strong rental appeal due to its proximity to major institutions and entertainment hubs
This is an exceptional opportunity to own a turn-key investment property in one of Ottawa’s most desirable rental markets. Whether you're a seasoned investor or looking to expand your portfolio, 209 Fifth Avenue offers the perfect blend of location, stability, and long-term growth potential.
For more information or to schedule a private showing, contact Reed Allen (salesperson at RE/MAX Hallmark Realty Group LDT.) by email Reed@NewPurveyors.com or fill out the form below.
GOI - 72,141.60Insurance - 1800/yearHydro - 1,669/yearHeat - 2,564/year Water - 2,000/yearHWT Rental - 766/yearSnow Removal - 493/yearTaxes - 10,313/2024
Sold - One Bed One Bath at Ambassador Court in The Glebe
Welcome to a bright, sunny 1-bedroom condo in The Glebe offering approximately 544 square feet of beautifully updated living space, perfectly balancing traditional charm and contemporary flair. This historic residence features refinished hardwood floors throughout, creating a warm and inviting atmosphere.
The spacious living room is a highlight of this home, featuring a faux fireplace and large bay windows that fill the room with natural light and offer picturesque views of Central Park. The renovated kitchen is a delight, with granite counters, ample cupboard space, and modern updates that make cooking a joy. The bedroom is generously sized, including a large closet and enough room for a sitting area — abundant natural light streams in through a sizable window, creating a bright and airy space. The refreshed four-piece bathroom features a full tub/shower combo, providing a comfortable and relaxing space.
Behind the building, beautiful walking trails offer serene outdoor experiences right at your doorstep. With an impressive Walk Score of 94, you are minutes away from downtown and just steps from the Canal, shops, cafes, restaurants, and TD Place. Enjoy all that downtown and the Byward Market have to offer, including excellent shopping, dining, and entertainment options. The proximity to museums, Parliament, and Lansdowne Park adds to the appeal. Outdoor enthusiasts will appreciate the amazing walking trails and parks nearby.
Known as Ambassador Court, this delightful building combines quality, comfort, and an unbeatable location. Don’t miss out on this exceptional opportunity to live in the heart of The Glebe!
For more information or to schedule a private showing, contact Mitch MacKenzie (salesperson at RE/MAX Hallmark Realty Group LDT.) by email Mitch@NewPurveyors.com or fill out the form below.
