
















1/183-88 GLEBE AVENUE, Ottawa, ON K1S2T4
Price on request
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
91%
Welcome to 88 Glebe Avenue, where timeless character meets one of Ottawa's most sought-after neighbourhoods! Freshly painted and ready for immediate occupancy, this charming third-floor, one-bedroom plus den unit is filled with old-world appeal, featuring gorgeous traditional trim, charming built-in nooks, and an abundance of natural light. The exceptionally spacious living room offers plenty of room to relax and entertain, while the generously sized eat-in kitchen provides a welcoming space for everyday meals and morning coffee. A cozy den offers the perfect spot to work from home, while the private balcony provides a lovely outdoor retreat of your own. And the location? Hard to beat! Just steps from the Rideau Canal and the vibrant shops, cafés, and restaurants along Bank Street, you'll love having some of Ottawa's best walking routes and neighbourhood amenities right at your doorstep. Whether it's a morning stroll along the Canal, an afternoon exploring the Glebe, or dinner at a favourite neighbourhood restaurant, everything you love about urban living is within easy reach. Complete with parking and a convenient basement storage locker, this character-filled home offers a wonderful blend of charm, space, and everyday convenience. Available for immediate occupancy! (id:66811)
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Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
100,524
Households
35,552
Median income
$83,500
Median age
43
Daytime population
140,926
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3-88 GLEBE AVENUE, Ottawa.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.