Multi-unit
$1,650,000
84 Fourth Avenue
Glebe, Ottawa
- 6 bd
- 4 ba
- Triplex
$1,595,000
Glebe, Ottawa, ON K1S2L3 · MLS® X14173296
Classic Glebe charm meets a complete transformation at 149 Fourth Avenue. Currently being rebuilt from the studs, this brick semi will offer approximately 2,127 sq. ft. of finished space, three bedrooms, 3.5 bathrooms and a private third-floor primary suite with an adjoining family room and dedicated laundry. Planned white oak flooring, an oak staircase, custom millwork and a gas fireplace bring warmth to the interior, while new plumbing, electrical, heating and cooling, insulation, windows and roof shingles renew the home behind its restored façade. A mudroom, new garage, deck, fencing and landscaping complete the project. Purchase at this stage to personalize materials, colours and finishes with the design team, subject to construction progress. Set on a mature, tree-lined street near Bank Street's shops and cafés, schools, Lansdowne and the Rideau Canal. (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 Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.