5 days on Market

255 Fifth Ave, Ottawa, Ontario K1S 2N1

Townhouse
12 + 6
4
~3500-5000 sqft
$2,450,000
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Townhouse
12 + 6
4
~3500-5000 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$595/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$860K

Median sold price*

*Based on last 30 days

Description

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!


Property Details

Style3-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size3,300 SqFt(66 x 50)
Parking Spaces4
MLS ®NumberX12331780
Community NameGlebe - Dows Lake
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Basement: Full, Finished

Features

Lot size: 3,300 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 3

Total parking spaces 4


Property History

Aug 8, 2025
ListedActive
$2,450,000
5 days on market
history photo preview39
Listing by trreb®

Market Data - Glebe - Dows Lake

Geo Zone Map ThumbnailGlebe - Dows Lake

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2024

15 days

2023

0 day

2022

0 day

New Listings

Past 30 days

0 listing

Compared to

2024

1 listing

2023

0 listing

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$657,000

Compared to

2024

$860,000


Population and Demographics

Overview

Total population 7620
Average household income $208,145

Age (%)

0 to 19
18%
20 to 34
25%
35 to 49
18%
50 to 64
19%
65 and plus
20%

Household composition (%)

Single family
55%
Single person
37%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
81%
French
8%
Others
5%
English and French
2%
Spanish
2%

House tenancy (%)

Owners
50%
Renters
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget