For Sale: 120 Strathcona Avenue, Ottawa, ON - REW
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$1,395,000
6 bd • 5 ba • 3000 - 3499 sf • Multifamily
120 Strathcona Avenue
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$1,395,000
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120 Strathcona AvenueOttawa, ON, K1S 1X6

Glebe - Dows Lake
  • 6 Bed
  • 5 Bath
  • 3000 - 3499 Sqft
  • Multifamily

About this home

A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential. (id:63626)
Listed by: Geoff Walker, Salesperson, RE/MAX ABSOLUTE WALKER REALTY

Home facts and features

Price details
List Price
$1,395,000
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Gross Taxes for 2025
$13,395
Home facts
Bedrooms
6
Full Bathrooms
5
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Lot Size
36 ft x 99 ft (3611 ft²)
Depth
99.5 feet
Frontage
36.3 feet
Exterior Finish
Wood, Brick
Heating Type
Natural gas
Basement Details
Partially finished, Full
Appliances
All
Community
Agent details
Primary Agent
Geoff Walker
Primary Broker
RE/MAX ABSOLUTE WALKER REALTY
Listing details
Days on REW
5 Days
Property Views
43
MLS® Number
X13739076
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

First Avenue Public School
  • Public
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
Immaculata School
  • Catholic
  • K - 12
Lady Evelyn Alternative School
  • Public
  • JK - 6
Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
Elgin Street Public School
  • Public
  • JK - 6
Mutchmor Public School
  • Public
  • JK - 6
Glebe Collegiate Institute
  • Public
  • 9 - 12
Lisgar Collegiate Institute
  • Public
  • 9 - 12
Cambridge Street Community Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Geoff Walker
Phone:
(613) 422-2055
Office:
613-422-2055
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