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About this Property
Welcome to 80 Fourth Avenue, an exceptional opportunity to create your dream home in the heart of the Glebe. Whether you envision transforming the entire property into a stunning single-family residence or living in one suite while benefiting from the rental income from the other, this property offers incredible flexibility and endless potential in one of Ottawa's most sought-after neighbourhoods. The vacant main floor, complete with exclusive use of the basement, is ready for immediate occupancy or renovation, allowing you to customize the space to suit your lifestyle and vision. The second and third floors are occupied by a long-term tenant, providing reliable rental income to help offset monthly expenses while you enjoy your home or complete future improvements. The property features three hydro meters, with one dedicated to each unit, as well as a rare detached two-car garage at the rear of the property. Whether you need secure parking, additional storage, a workshop, or simply appreciate the convenience of a spacious garage in the Glebe, this is a feature that is becoming increasingly difficult to find. Perfectly positioned on one of the Glebe's most desirable streets, you'll enjoy being just steps from Bank Street's vibrant shops, cafés, restaurants, and local boutiques. Lansdowne Park, TD Place, the Rideau Canal, excellent schools, parks, and countless walking and cycling paths are all within easy reach, offering an unmatched urban lifestyle in one of Ottawa's most established and prestigious communities. Whether you're searching for your forever home, a renovation project with exceptional upside, or a property that combines homeownership with income potential, 80 Fourth Avenue presents a rare opportunity to make your vision a reality in a location that continues to be one of Ottawa's most desirable places to call home.
Listed by SLEEPWELL REALTY GROUP LTD · MLS# X13580146
About The Glebe
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.
Features & Details
Property details of 80 Fourth Avenue, Ottawa, ON
Market Insights for Detached in Glebe
Based on 26 sales in the last 90 days
Seller’s Market
Properties are selling quickly (avg 19 days). Buyers should be prepared to act fast and may face competition.
New Listings
26
Avg Days on Market
19 days
Avg Price/Sq Ft
$615
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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