273 Powell Avenue
Glebe - Ottawa East and Area, ON
4 bed • 3 bath • approx. 2000-2500 sqft • Duplex • 112 days on market
Strong investment opportunity in the heart of the Glebe. This elegant white-brick property offers immediate income potential with the flexibility to suit a range of investment strategies. Registered as a duplex and featuring Traditional Mainstreet zoning, the property presents opportunities for rental income, multi-generational living, or future redevelopment potential in one of Ottawa's most established urban neighbourhoods. The main floor can function as a self-contained two-bedroom suite, complete with its own kitchen, living and dining room with fireplace, full bathroom, and access to the private backyard. Upstairs, the second and third floors comprise a spacious two-level apartment with hardwood floors, period details, an updated kitchen with granite counters and stainless-steel appliances, plus a walkout to a deck and terraced yard. Three bedrooms upstairs include a generous primary bedroom with powder room. For investors, the layout offers excellent flexibility for owner-occupancy with supplemental rental income, dual-unit leasing, or longer-term repositioning. Well maintained and full of character, this is a rare opportunity to acquire an income-producing property in a prime walkable location near the Canal, Bank Street, Little Italy, shops, restaurants, and transit.
Listing Details
- Taxes (2026)
- $10,406
- Listed
- May 6, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Carpet Free, Sump Pump, Water Heater
- Lot Size
- 33.01 x 99.87 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bronson Street & Powell Avenue
- Parcel Number
- 041350274
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- All Light Fixtures, All Window Coverings, Magic Chef Gas Stove, Chambers Refrigerator, Microwave/Hood Fan, Hisense Refrigerator, GE Gas Stove, Hood Fan, Frigidaire Dishwasher, 2x Whirlpool Dryers, LG Washer, Alarm System Hardware.
- Exclusions
- None
- Rental Items
- None
Schools
Secondary
- Glebe Collegiate Institute0.3 km
Public · Ottawa-Carleton DSB · 1315 students
Grade 10 literacy: 93% met the provincial standard
- Adult High School0.8 km
Public · Ottawa-Carleton DSB · 1010 students
- Richard Pfaff Secondary Alternate Site0.8 km
Public · Ottawa-Carleton DSB · 225 students
Elementary
- Corpus Christi Catholic Elementary School0.7 km
Catholic · Ottawa CSB · 225 students
Grade 3 reading: 91% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Cambridge Street Community Public School0.7 km
Public · Ottawa-Carleton DSB · 95 students
Grade 6 math: 23% met the provincial standard
- Mutchmor Public School0.8 km
Public · Ottawa-Carleton DSB · 425 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 77% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1S
- Population
- 31,257
- Private dwellings
- 15,662
- Median age
- 39.2
- Average household size
- 2.1
- Median household income
- $106,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Glebe - Ottawa East and Area · last 12 months
- Median sold price
- $1,025,000
- Homes sold
- 251
- Median days on market
- 15
- Sale-to-list price
- 99.2%
Based on 251 recorded sales of residential freehold properties in Glebe - Ottawa East and Area over the last 12 months.
Rooms
3-piece on Main, 4-piece on Second, 2-piece on Third
Third
- Bathroom12' x 6'8"
- Bedroom13'5" x 9'1"
- Bedroom16'4" x 9'3"
- Primary Bedroom16'8" x 12'
Second
- Bathroom7'5" x 5'8"
- Dining Room15'1" x 10'10"
- Kitchen13'8" x 9'11"
- Living Room23'4" x 14'1"
- Sunroom12'6" x 7'9"
Main
- Bathroom6'11" x 4'11"
- Bedroom13'8" x 8'5"
- Dining Room15'3" x 10'4"
- Foyer16'5" x 8'5"
- Kitchen9'4" x 6'11"
- Living Room11'11" x 10'4"
- Study10'3" x 6'8"
Basement
- Laundry
Listed by
MARILYN WILSON DREAM PROPERTIES INC.
Location
Mortgage Calculator
$289,800
Estimated Monthly Payment
$7,119
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,119/mo (20% down, 5.5%)
Taxes: $867/mo · Insurance: $362/mo
Estimates only. Consult a financial advisor.
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