255 FIFTH AVENUE, Ottawa, Ontario, K1S 2N1

MLS® # X12331780

Investment For Sale In Glebe - Dows Lake, Ottawa, Ontario

$2,450,000

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255 Fifth Avenue, Ottawa, ON - Outdoor With Facade

255 Fifth Avenue, Ottawa, ON - Outdoor With Exterior

Steps to Bank Street with shops and restaurants. - 255 Fifth Avenue, Ottawa, ON - Outdoor With Facade

Steps to Brown's Inlet. - 255 Fifth Avenue, Ottawa, ON - Outdoor With Body Of Water With View

255 Fifth Avenue, Ottawa, ON - Outdoor With Body Of Water With View

Just minutes to Lansdowne Park. - 255 Fifth Avenue, Ottawa, ON - Outdoor With View

255 Fifth Avenue, Ottawa, ON - Outdoor With View

255 Fifth Avenue, Ottawa, ON - Indoor Photo Showing Other Room

255 Fifth Avenue, Ottawa, ON - Indoor Photo Showing Kitchen

255 Fifth Avenue, Ottawa, ON - Indoor Photo Showing Bathroom

255 Fifth Avenue, Ottawa, ON - Indoor Photo Showing Bedroom

255 Fifth Avenue, Ottawa, ON - Indoor Photo Showing Living Room

255 Fifth Unit1 - 255 Fifth Avenue, Ottawa, ON - Other

255 Fifth Unit 2 - 255 Fifth Avenue, Ottawa, ON - Other

253 Fifth Unit 1 - 255 Fifth Avenue, Ottawa, ON - Other

253 Fifth Unit 2 - 255 Fifth Avenue, Ottawa, ON - Other

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255 FIFTH AVENUE, Ottawa, Ontario, K1S 2N1

$2,450,000

Property Information:

TURNKEY FOURPLEX + 5% CAP RATE + 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! (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 3500 - 5000 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 12+6
Bathrooms: 4
Features: Carpet Free
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 66.0 Feet
Lot Frontage: 50.0 Feet
Lot Size: 50 x 66 FT
Structure Type: Deck
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 4

Courtesy of: RE/MAX HALLMARK REALTY GROUP

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 255 FIFTH AVENUE, Ottawa, Ontario, K1S 2N1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 255 FIFTH AVENUE , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.2℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 255 FIFTH AVENUE , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past

319.2mm

2050

408.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 255 FIFTH AVENUE, Ottawa, Ontario, K1S 2N1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$205,465.27

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.61 %

High school certificate or equivalent

18.64 %

Apprenticeship trade certificate/diploma

2.1 %

College/non-university certificate

9.97 %

University certificate (below bachelor)

4.23 %

University Degree

59.45 %

Commuter

Travel To Work

By Car

50.78 %

By Public Transit

4.0 %

By Walking

26.38 %

By Bicycle

7.99 %

By Other Methods

10.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.11 %

Houses

65.89 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 255 FIFTH AVENUE, Ottawa, Ontario, K1S 2N1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 255 FIFTH AVENUE, Ottawa, Ontario, K1S 2N1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

255 FIFTH AVENUE, Ottawa, Ontario, K1S 2N1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing