Glebe - Ottawa East and Area K1S 2P4

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C1,699,000
($1,234,850)
(€1,054,679)
Annual Taxes:C10,283
505 Park Ave, New York, NY 10022

Description

Wonderful location in the Glebe! When the current owners purchased this property, they embarked on an extensive renovation, creating a beautiful two-floor apartment that blends modern updates with charm. Exposed stone walls, thoughtfully designed kitchens and bathrooms, and a fully dug-out basement (heated floor, new slab) add both character and function. This is an excellent income generating property, perfect as an owner-occupied home or as a valuable addition to your investment portfolio. A private laneway adds to its convenience. Spacious units, one unit per floor, very well suited for owner live-in. Each suite has their own laundry and outdoor space. Hardwood floors, high ceilings. The building has been completely renovated (2006) inclusive of kitchens, bathrooms, flooring, plumbing, electrical, windows - too many updates to list. The renovation is one of quality, as it was owner occupied. The Location, situated in the heart of the Glebe, one of Ottawas most vibrant and walkable neighbourhoods, steps to Bank Streets boutiques, cafés, and restaurants, as well as the Canal, Lansdowne Park, and an abundance of parks and green space. Excellent transit, bike lanes, and proximity to the citys recreational hubs make this location as practical as it is desirable. Unit 1 (2 levels) is a 2 bedroom/2 bath and is rented at $3200 + utilities. Unit 2 is a 2 bedroom/1 bath and is rented at $1900 + utilities. Unit 3 -currently vacant, projected $1600 + utilities is a 1 bedroom/1 bath. Interior photos provided by Seller, when it was owner occupied. Please see extensive update/renovation list attached. A wonderful opportunity to own a turn-key building in a fantastic community! 24 hours irrevocable requested.

Amenities

  • Separate Hydro Meter

Wonderful location in the Glebe !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.