255 Fifth Avenue

255 Fifth Avenue
255 Fifth Avenue
255 Fifth Avenue
+36
12+6
 bed
4
 bath
4
 parking
3500 - 5000
 sqft
Fourplex
$2,200,000
For Sale
188 days
 on site
$2,200,000
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Size
-
Lot size
3300 sqft
Street frontage
-
Possession
2025-08-07
Price per sqft
$440 - $629
Taxes
$12,362.96 (2024)
Parking Type
-
Style
3-Storey
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Description
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!
Broker: RE/MAX HALLMARK REALTY GROUP
MLS®#: X12331780
Property details
Parking:
4
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
50 Ft
Lot depth:
66 Ft
Listed on:
Aug 7, 2025
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Instant estimate:
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$61,551
lower than listed price
i
High
$2,245,372
Mid
$2,138,449
Low
$2,031,527
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About 255 Fifth Avenue

255 Fifth Avenue is an Ottawa fourplex for sale. It was listed at $2200000 in August 2025 and has 12+6 beds and 4 bathrooms. 255 Fifth Avenue, Ottawa is situated in Glebe, with nearby neighbourhoods in Old Ottawa South, Carleton University, Centre Town West and Centre Town.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

If you are reliant on transit, don't fear, there is a Bus Stop (FIRST / O'CONNOR) an 8-minute walk.