101 Strathcona Avenue — Glebe 4-plex

Wonderful Legal 4-unit home in Ultra-prime location

$1,630,000

Outstanding opportunity in the Glebe, halfway between the Rideau Canal and Bank Streets shops, cafés, and transit. This legal 4-unit solid BRICK building combines classic charm with smart, income-generating potential in one of Ottawa’s most desirable neighbourhoods.

Featuring two 2-bedroom units and two 3-bedroom units (with dishwashers!), each suite is bright, spacious, and well-maintained, ideal for professional tenants.

The property offers multiple balconies, a two-car garage, and a coin-operated laundry for added convenience and income.

Recent system updates ensure efficiency and peace of mind, while original character elements — very high ceilings, transom windows, hardwood floors, wonderful original trim, updated antique light fixtures, and large windows — enhance the property’s timeless appeal.

This building represents a rare combination of stability, location, and upside potential. Investors will appreciate the solid rental history and strong tenant demand, while those seeking an owner-occupied option will find the generous main-floor or upper units ideal for personal use with income support from the remaining apartments.

The property sits mid-block on Strathcona Avenue, just steps to the Canal pathways, Lansdowne Park, parks, schools, and all the amenities of Bank and Elgin streets.

A truly turnkey investment or flexible live-in opportunity offering the perfect balance of lifestyle and long-term value in the heart of the Glebe.

Updated systems. Long term owner. Close to everything.

Two outdoor plus two garage parking spaces. Private drive. Amazing opportunity!

Schedule your showing today!

Be sure to contact Dan Moloughney for details and to arrange a visit.

Miscellaneous

· Includes: 4 Fridges, 4 Stoves, 2 dishwashers, coin-op washer & dryer, two gas hot water tanks (2023)
· Gross Income: $108,300/year as of Oct. ’25
· Expenses 2025: $24,827 (Taxes $12,077 + Heat $2,568 + Hydro $922 + Water $1,573 + Insurance $7,687).

· Apt 1: 2nd year lease planning to VACATE May 15/26 $2700/m+hydro. Apt 2: $2700/m+hydro projected — owner, 2 garage spots. Apt 3: $2075/m +hydro, 3+ years month-to-month, outside parking. Apt 4 (basement): $1550/m (was previously $1711/m but reduced due to stack repair) including hydro & outside parking, lease until April 30/26.

· Owned coin-op $2.50/load/machine
· Lot: 47.50′ x 96.17′ (as per MPAC)

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