$1,499,999
11 Third Avenue
Glebe, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
1 / 24
$699,000
Glebe, Ottawa, ON K1S2P1 · MLS® X14134824
Live in this 2015 LEED Gold Certified townhome which ensures a higher quality indoor air environment, energy & water savings, and lower GHG emissions creating of healthy, highly efficient and cost-saving green home. The upper-unit stacked townhouse on Holmwood Avenue is a rare fit for both owner-occupiers and investors. Two bedrooms, three bathrooms and low-VOC construction make it easy to rent and easy to love. Comparable Glebe units achieve $4,000+/month, and with 20% down the all-in carrying cost (mortgage, taxes and condo fees) is approximately $3,660/month at current rates. Steps to the Rideau Canal, Bank Street and Lansdowne Park, it's walkable enough to keep tenants for years. Underground parking is available as an option for ($30,000; $78.34/month condo fee), and it's a strong add for renters and future resale. Don't miss your chance to experience Glebe living at its absolute best! (id:65933)
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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 Royal Lepage Integrity Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.