The Glebe Homes For Sale By Price
101 Strathcona Avenue
Ottawa, Ontario
Outstanding opportunity in the Glebe, halfway between the Rideau Canal and Bank Streets shops, cafés, and transit. This legal 4-unit solid BRICK building combines classic charm with smart, income-generating potential in one of Ottawa’s most desirable neighbourhoods. Featuring two 2-bedroom units and two 3-bedroom units (with dishwashers!), each suite is bright, spacious, and well-maintained, ideal for professional tenants. The property offers multiple balconies, a two-car garage, and a coin-operated laundry for added convenience and income. Recent system updates ensure efficiency and peace of mind, while original character elements — very high ceilings, transom windows, hardwood floors, wonderful original trim, updated antique light fixtures, and large windows — enhance the property’s timeless appeal. This building represents a rare combination of stability, location, and upside potential. Investors will appreciate the solid rental history and strong tenant demand, while those seeking an owner-occupied option will find the generous main-floor or upper units ideal for personal use with income support from the remaining apartments.The property sits mid-block on Strathcona Avenue, just steps to the Canal pathways, Lansdowne Park, parks, schools, and all the amenities of Bank and Elgin streets. A truly turnkey investment or flexible live-in opportunity offering the perfect balance of lifestyle and long-term value in the heart of the Glebe. Updated systems. Long term owner. Close to everything. Two outdoor plus two garage parking spaces. Private drive. Amazing opportunity! Gross Income: $108,300/year. Expenses 2025: $24,827. (id:50982)
The Glebe Real Estate Agents
When you choose Paul Rushforth Real Estate, you’re partnering with The Glebe specialists who understand the unique appeal of each neighbourhood and can guide you to the perfect property for your needs.
So what are you waiting for?
Paul Rushforth Real Estate
Our Glebe real estate agents have years of experience finding homes that check off the items on your wishlist. When you find that dream home, we can handle the negotiations and handle the paperwork when it’s time to close.
About The Glebe
The Glebe is one of Ottawa’s most vibrant urban neighbourhoods, known for its character homes, tree-lined streets, and boutique shopping along Bank Street. It offers a walkable lifestyle close to the Rideau Canal and downtown.
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