Was listed for:Expired Mar 20, 2026
$2,200,000

255 Fifth Avenue

Ottawa (Glebe), ON K1S 2N1

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 255 Fifth Avenue, Ottawa, Glebe

2025-08-07
2026-03-20
Expired
Price
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MLS#
x12331780

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 255 Fifth Avenue, Ottawa, Glebe

Summarized Description

  • Turnkey fourplex with strong rental income.
  • Located in the heart of The Glebe.
  • Fully rented at market rental rates.
  • Modern amenities blended with historic charm.
  • Close to parks and community spaces.
  • Garage parking enhances rentability.
  • Ideal for real estate investment portfolio.
  • Easy access to downtown and universities.

TURNKEY FOURPLEX (GROSS INCOME $144,600/EXPENCES $24,167/NET INCOME $120,432)+ COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$12,363
Land Transfer Tax Fee
$41,475

Rental Items

Rental Equipment
hot water tank

Basement Type
Full, Finished

Interior Features

Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
66.00 ft

Inclusions

Inclusions
4 fridges, 4 stoves, 4 washers and 4 dryers

Exclusions

Exclusions
tenant's belongings

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
12 + 6
Washrooms
4
Kitchens
4

Washrooms

  • 4-piece

Municipality
Ottawa
Neighbourhood
Glebe
Main cross streets
FIFTH/ PERCY
Directions
South on Bronson onto Fifth Avenue.

MLS® number
X12331780
Data source
Toronto Regional Real Estate Board
Status change
2026-03-20
Listed on
2025-08-07
Days on market
225 days
Possession date
2025-08-07
Possession type
Flexible
Co-op commission
2.0
Seller
Listed by
RE/MAX HALLMARK REALTY GROUP

Home Market Value

Current home valuation for 255 Fifth Avenue, Ottawa, Glebe, Ottawa, ON. Listed for $2,200,000

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Estimated Sales Range

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HOMEH Estimate for 255 Fifth Avenue, Ottawa, Glebe

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Land Transfer Tax

Provincial

$41,475

Total Land Transfer Tax

$41,475

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