Virtual Tour
Market activity for 120 Strathcona Avenue
No listing history available
This is the first time this property is listed
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.
16.77 x 12.99 Feet
Level: Ground
15.68 x 12.24 Feet
Level: Ground
12.93 x 14.07 Feet
Level: Ground
16.99 x 11.09 Feet
Level: Ground
15.49 x 12.01 Feet
Level: Second
15.75 x 11.25 Feet
Level: Second
11.15 x 10.33 Feet
Level: Second
17.68 x 12.34 Feet
Level: Second
9.74 x 8.33 Feet
Level: Second
16.5 x 16.34 Feet
Level: Third
9.15 x 7.15 Feet
Level: Third
11.25 x 10.07 Feet
Level: Third
17.85 x 14.01 Feet
Level: Basement
17.85 x 14.01 Feet
Level: Third
11.58 x 9.51 Feet
Level: Basement
15.58 x 3.9 Feet
Level: Basement
16.5 x 5.91 Feet
Level: Basement
10.1 x 11.52 Feet
Level: Basement
8.01 x 7.91 Feet
Level: Basement
14.5 x 17.03 Feet
Level: Basement
Provincial Tax (Ontario)
$24,375