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$1,495,000

Active
120 Strathcona Avenue, Ottawa, ON· Glebe
5
Bedrooms
5
Bathrooms
2500-3000
Sq Ft
$498–$598
Per Sq Ft
5
None Parking
100+
Year Built

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About this Property

Nestled in one of Ottawa's most desirable neighborhoods, this exceptional property presents a rare investment opportunity in the heart of the Glebe. From its impressive street presence to its thoughtfully maintained interiors, every aspect of this building exudes quality and charm. With lot frontage on Strathcona, O'Connor and Patterson, this property offers a unique blend of historic charm and modern convenience, making it an ideal investment opportunity while having a perfect place to call home in the main floor unit. Boasting stable rental income and long-term growth potential, this is an ideal addition to any real estate portfolio. With solid tenancy in place and future development potential, this is a turn-key opportunity in one of Ottawa's most sought-after neighborhoods.120 Strathcona is an updated 5 unit (4+1 legal non-conforming) building boasting an unbeatable location, spacious sun-filled units, thoughtfully maintained throughout with strong rental appeal; five parking spaces (six if tandem at front); on-site lockers/laundry facilities for tenant convenience and so much more. Fire Retrofit Certification 2019. Residents enjoy easy access to a wide range of amenities, including trendy shops, cafes, restaurants, parks, the Canal, Lansdowne, the NAC, Parliament Hill and everything special that this Nation's Capital has to offer.

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13672762

About The Glebe

Heritage Urban · Avg $900K

The Glebe is one of Ottawa's most iconic and sought-after neighbourhoods, a tree-lined urban community where heritage architecture, independent shopping, and the Rideau Canal converge to create one of the finest residential experiences in the National Capital Region. Stretching south from the Queensway to Lansdowne Park and bounded by the canal to the east and Bronson Avenue to the west, The Glebe has maintained its character and prestige through decades of careful community stewardship.

Avg Home Price$900K
Walk Score90
Restaurants on Bank St50+
Walk to Downtown20 min
View Full The Glebe Guide

Features & Details

Property details of 120 Strathcona Avenue, Ottawa, ON

Property TypeMultiplex
Style2 1/2 Storey
Size2500-3000 sq ft
BasementSeparate Entrance, Apartment
Total Parking5

Mortgage Calculator

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%
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Mortgage Payment$7,344/monthly
Principal54%
Interest46%
Principal Amount$1,196,000
Interest$1,007,346
Total Payable$2,203,346
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$7,344
Mortgage + Expenses$7,344
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$
$
$
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Monthly Cash Flow-$7,344

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$1,495,000

120 Strathcona Avenue, Ottawa, ON