255 Fifth Avenue, Ottawa, Ontario K1S 2N1

Listed for:
$2,200,000
18 beds
4 baths
Listed 100 days ago
Fourplex for rent: 255 Fifth Avenue, Ottawa, Ontario K1S 2N1

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Learn more about this property
Listing provided by:
RE/MAX HALLMARK REALTY GROUP
MLS® number:
X12331780
Agent:
Todd Lyons
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About

Cross Streets: FIFTH/ PERCY. ** Directions: South on Bronson onto Fifth Avenue. TURNKEY FOURPLEX + 5% CAP RATE + 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! (id:27476)

Property Highlights

MLS® Number
X12331780
Type
Multi-family
Community Name
4401 - Glebe
Land Size
50 x 66 FT
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
3.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
4
Bedrooms Above Ground
12
Bedrooms Total
18
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location