1C - 268 First Avenue, Ottawa, photo 1 1 / 19

$399,900

1C - 268 First Avenue

Glebe, Ottawa, ON K1S2G8 · MLS® X13854848

  • 1Bedrooms
  • 1Bathrooms

About this property

STUDENTS/ INVESTORS : Unique Glebe Opportunity! Vacant and easy to show! Located in a quiet boutique building of only 17 units, this inviting and intimate 1-bedroom, 1-bath condo offers thoughtfully designed living within a beautiful heritage building originally built in 1914 and converted into condominiums in 2000. Bright oversized windows, hardwood floors, and an open-concept layout fill the space with natural light and warmth year-round, while the Murphy bed with custom built-ins allows for flexible use of the space. An ideal option for downsizers, first-time buyers, or those living in the Glebe who want or need accessible space nearby for a parent, adult child, nanny, or caregiver - while still maintaining independence and privacy. Perfect for simple main-floor living. Features include a stainless steel countertop, window A/C unit, in-suite laundry. Combined property taxes and condo fees of just $548.20/month - offers an attractive alternative to renting while building long-term equity in one of Ottawa's most sought-after neighbourhoods. Enjoy an unbeatable walkable lifestyle just one block from Bank Street and moments to the Rideau Canal, Lansdowne, parks, cafés, shopping, transit, Carleton University, and the University of Ottawa. Additional features include a separate storage closet and underground guest parking available for short term rental. Living room photo is virtually staged. (id:65933)

Type
Condo apartment
Category
Single Family
Annual taxes
$2,719
Updated
Oct 2, 2026

Run the numbers

A quick investor's view. Change any figure; we'll do the full analysis with you.

Mortgage / mo–

Property tax / mo–

Net operating income / yr–

Cash flow / mo–

Cap rate–

Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Re/Max Hallmark Realty Group.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

Similar listings in Glebe