$1,650,000
Unlock Price Rating!

84 Fourth Avenue, Ottawa, ON K1S2L2

 Contact
6 Beds
4 Baths
- Sq Ft

Turnkey investment opportunity in the heart of the Glebe! This character-filled legal triplex with a fourth non-conforming basement unit offers an attractive combination of strong rental income, desirable location, and long-term investment potential. Generating $96, 724 in gross annual income with a strong NOI of $73, 705, the property presents an excellent opportunity for investors seeking stable cash flow in one of Ottawa's most sought-after rental markets. The building features three legal residential units, including Unit 1 (main floor, 2 bed + den) renting for $2, 700/month, Unit 2 (second floor, 2 bed + den) at $2, 500/month, and Unit 3 (third floor, 1 bed) at $1, 891/month. The fourth, non-conforming basement unit is currently vacant and being intentionally left vacant, providing the purchaser with flexibility to determine its future use. Previously rented for $969/month, this rental income has been included in the advertised gross income and NOI figures. Each of the three upper units enjoys private outdoor space, including an oversized patio for the main floor unit, adding to the property's appeal. Additional features include shared laundry facilities and parking for four vehicles, consisting of a detached two-car garage and two adjacent surface parking spaces, a valuable amenity in this highly desirable neighbourhood. Showcasing classic architectural charm, well-designed layouts, and a prime walkable location, this property offers an excellent opportunity to acquire an established income-producing asset with flexibility and long-term potential in the heart of the Glebe. (id:58753)

Listing By: Adam Pearce - SLEEPWELL REALTY GROUP LTD
Source: CREA #X12937508 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X12937508
  • Date Listed03/31/2026
  • Days on Realty 227 Days
  • Bedrooms 6
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Dryer, Two Washers
  • Cooling None
  • Heating Radiant heat, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Carpet Free

Directions

Cross Streets: Fourth and Bank. ** Directions: Heading South on Bank St, turn left onto Fourth Ave. Heading North, turn right onto Fourth Ave.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1S2L2

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1S2L2

Source: Walk Score

98/100

Walker's Paradise

Walk Score ®

56/100

Good Transit

Transit Score ®

100/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

20 nearby routes: 20 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 60/100, Bike Score: 81/100.

Points of Interest near 84 FOURTH AVENUE, Ottawa, ON K1S2L2

Frequently Asked Questions for 84 FOURTH AVENUE

Source: Realty.com

84 FOURTH AVENUE, Ottawa, ON K1S2L2 in Ottawa, ON K1S2L2 is a triplex listed at $1,650,000. Highlights include 6 bedrooms, 4 bathrooms. Realty.ca has 20 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 20 photos of 84 FOURTH AVENUE.

The full address for this home is 84 FOURTH AVENUE, Ottawa, ON K1S2L2.

84 FOURTH AVENUE has been listed on Realty.com since Tue March 31, 2026

Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 60/100, Bike Score: 81/100.

This content last refreshed on 2026-11-13 15:40:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.