72 Fifth Avenue Ottawa, ON K1S 2M7
Inscription par:  CREA / Listed By: Real Broker Ontario Ltd.

  72 Fifth Avenue Ottawa, ON K1S 2M7

En vigueur (115 Jours)
3 200 000 $ (CAD)
11
SDB
7 901
PI. CA.

Description

Exceptional opportunity to acquire a trophy 8-unit multifamily asset in the heart of The Glebe, one of Ottawa's most coveted and supply-constrained urban neighbourhoods. This unrivaled location, steps to Lansdowne Park, Bank Street amenities, and major employment hubs, offers outstanding walkability and enduring rental appeal, supporting historically low vacancy and highly dependable income. Positioned minutes to downtown offices and between Ottawa's two largest universities, the property benefits from strong, consistent demand from both professionals and students. The building is FULLY LEASED and features an attractive unit mix of three 3-bedroom + 1.5-bath units, four 1-bedroom units, and one 2-bedroom unit, along with three on-site parking spaces. Each unit is separately metered with its own electrical panel, providing operational efficiency and tenant independence. The property has been professionally managed and well maintained, benefiting from thoughtful value-add upgrades, including updated kitchens and bathrooms with quartz countertops, stainless steel appliances, tiled backsplashes, and glass shower surrounds. Four units offer in-unit laundry and air conditioning. Major capital improvements include a new main boiler (2015), updated windows and exterior doors (2019), and upgraded electrical wiring and panels within each unit. In addition to stable in-place income, the asset offers over $30,000 in projected annual rental upside through continued unit turnover and optimization. A RARE, well-maintained core-plus investment in a high-barrier-to-entry location with strong fundamentals and long-term growth potential. (id:41440)

MLS®:
X13086832
Les impôts
$25,941
Catégorie
Multifamily
Ville
Ottawa

Listed By

Michael Spaull, Real Broker Ontario Ltd.
Source
CREA
Dernière vérification Août 28 2026 à 10:13 PM EDT
Détails sur les salles de bains
  • Salles de bains: 11
Caractéristiques Intérieures
  • Washer
  • Dishwasher
  • Dryer
  • Hood Fan
Chauffage et refroidissement
  • Radiator
  • Partially Air Conditioned
Stationnement
  • Total: 3
Surface Habitable
  • 7,901 pi. ca.
Alimenté par Walk Score®
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/28/26 15:13