THE GLEBE | Ottawa, ON
When the current owners purchased this property, they embarked on an extensive renovation, creating a beautiful two-floor apartment that blends modern updates with hi charm. Exposed stone walls, thoughtfully designed kitchens and bathrooms, and a fully dug-out basement add both character and function.
Perfect as an owner-occupied home or as a valuable addition to your investment portfolio, the property is currently fully rented and generates a net income of $62,228.16, with room for growth. A private laneway adds to its convenience.
The Location
Situated in the heart of the Glebe, one of Ottawa’s most vibrant and walkable neighbourhoods, you’re steps to Bank Street’s 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 city’s recreational hubs make this location as practical as it is desirable.
Rental Status
- Apt 1
- Month to Month$3200 (plus gas and electricity) 2 plus bedroom
- Apt 2
- Month to Month $1900 (plus electricity)
- 2 bedroom
- Apt 3
- Empty~$1500 (plus electricity)
- 1 bedroom
- TOTAL Income per Month $6,600.00
- Yearly $79,200.00
Basic Expenses
Water/Sewer (2024) - $2,548.67
Insurance (2024) - $4,079.05
Taxes ( - 2025) $10,283.12
TOTAL : $16,910.84
Teskey/Cartwright 613.296.6708
