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Investment signal

$1,675,000

152 GLEBE AVENUE

Save this home

Beds

Baths

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime Investment Opportunity in the Heart of The Glebe! This six-plex is located in one of Ottawa's most sought-after neighbourhoods, The Glebe. With an extremely desirable location just steps to Bank Street, Lansdowne Park, shops, restaurants, transit, and the Rideau Canal, this property offers exceptional long-term value and rental appeal. Each of the six units features 1 bedroom and 1 bathroom, ideal for professionals and students alike. Tenants enjoy shared laundry and storage area in the basement. The property also includes 4 on-site parking spaces, a rare and valuable feature in this central location. Whether you're expanding your portfolio or looking for a solid income-generating asset, this property combines location, functionality, and strong rental history- a true Glebe gem! (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
4401 - Glebe
Living area
4,320 square feet
Lot dimensions
33 x 127.97 FT
Parking
4 total
On market
Apr 1, 2026
Status changed
Apr 24, 2026
Annual tax
$12,755
Zoning
Unassigned, R3P
Photos
17
MLS#
X12945650
Area
OTTAWA

Features and systems

Heating

Radiator

Cooling

None
Negative cash flow ~$1,775/mo at these assumptions

Cash on cash

-6.36%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,243

Financing

Down payment$335,000
Loan amount$1,340,000
Mortgage$6,790/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$768
Insurance$80
Maintenance$1,396
CapEx reserve$698
Vacancy loss$419

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,790/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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