$1,695,000
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84 Fourth Avenue, Ottawa, ON K1S2L2

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6 Beds
4 Baths
- Sq Ft

Turnkey 4-unit income property in the heart of the Glebe generating $96, 724 in gross annual income with a strong NOI of $73, 705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa's most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2, 700/month, Unit 2 (second level 2 bed + den) at $2, 500/month, Unit 3 (third level 1 bed) at $1, 891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high. (id:58753)

Listing By: Adam Pearce - SLEEPWELL REALTY GROUP LTD cncrea2 Realty.com
  • MLS® X12937508
  • Date Listed03/31/2026
  • Days on Realty 66 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: 82/100.

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 $1,695,000. 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: 82/100.

Listing provided courtesy of: SLEEPWELL REALTY GROUP LTD
Listing agent: Adam Pearce

This content last refreshed on 2026-06-05 08:56:39. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.