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85-87 Fifth Avenue Ottawa, Ontario K1S 2M3

None Forced Air


Open house Thursday May 11th, 11AM-1PM. Welcome to 85-87 Fifth Avenue, 6-unit residential building in the heart of the Glebe. With its prime location, this property is incredibly easy to rent and offers an excellent opportunity for investors, owner-occupiers and multi-generational families. Large 50'x103' offering a private driveway and plenty of space to expand the footprint or add additional parking spots. With 3 vacant units, there is also opportunity to set new rents and increase the property's overall value over time through turnover. This side by side double is severed with each side separately titled and is being sold as one package. The unit mix consists of three 1-bedroom units, two studios, and a two storey 3 bedroom + den (vacant and ideal to owner occupy). Financials include projected rents for the three vacant units, other expense is total of all landlord utility costs (hydro, water, gas) (id:36465)

Property Details

MLS® Number 1340561
Property Type Multi-family
Neigbourhood The Glebe
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 3


Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1874
Cooling Type None
Exterior Finish Brick
Flooring Type Hardwood
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Duplex
Utility Water Municipal Water




Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 103 Ft
Size Frontage 50 Ft
Size Irregular 50.03 Ft X 103 Ft
Size Total Text 50.03 Ft X 103 Ft
Zoning Description Residential


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