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$1,799,000
Ontario,Ottawa
For Sale Active
163 FIRST AVENUE, Ottawa, Ontario K1S2G3
  • 4,738 Acre
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Basic Details
Description

Rare six-unit multifamily investment opportunity in the heart of the Glebe, one of Ottawa’s most desirable and amenity-rich urban neighbourhoods. This well-maintained purpose-built apartment building offers a highly sought-after unit mix comprising four two-bedroom suites and two one-bedroom suites, catering to a stable tenant profile that includes working professionals and couples. Building systems include hot water radiator heating, six dedicated

storage lockers, recently roughed-in common laundry facilities which can accommodate one washer and one dryer, and other notable capital improvements including a flat roof replacement completed in 2019, with an additional roof section replaced in 2025. The property benefits from N4B [1474] H(11) zoning, providing investors with long-term positioning in a neighbourhood characterized by strong rental demand, limited housing supply, and exceptional walkability. Residents enjoy immediate access to a wide range of everyday conveniences, all within walking distance, including Metro Glebe, Shoppers Drug Mart, Starbucks, RBC Royal Bank, Capital Home Hardware, and Canada Post. The property also benefits from proximity to some of Ottawa’s most prominent destinations, including TD Place Stadium (1.4 km) and Parliament Hill (2.3 km), further enhancing its appeal to existing and prospective tenants. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X14176316
  • Price: $1,799,000
  • Square Footage: 4,738 Acre
  • Status: Active
  • Office Name: CAPITAL COMMERCIAL INVESTMENT CORP.
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 276936
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Ottawa, K1S2G3
  • Street: First
  • Street Number: 163
  • Street Suffix: Avenue
  • Longitude: W76° 18' 42.3''
  • Latitude: N45° 24' 18.1''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: Bldg=46 x 103 FT
Financial
  • Tax Annual Amount: 14382
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Listing updated: 2026-11-13 11:15:31
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Listing Information
  • List Agent Key: 2071474
  • List Office Key: 276936
  • Modification Timestamp: 2026-11-12T22:30:01Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-11-12T22:22:54Z
Powered by REALTOR.ca
Listing updated: 2026-11-13 11:15:32
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