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1C - 268 First Avenue

1C - 268 First Avenue

Glebe - Ottawa East and Area, ON

  • 1 bed
  • 1 bath
  • approx. 0-499 sqft
  • Condo Apartment
  • 56 days on market
$399,900

STUDENTS/ INVESTORS : Unique Glebe Opportunity! Located in a quiet boutique building of only 17 units, this inviting and intimate 1-bedroom, 1-bath condo offers thoughtfully designed living within a beautiful heritage building originally built in 1914 and converted into condominiums in 2000. Bright oversized windows, hardwood floors, and an open-concept layout fill the space with natural light and warmth year-round, while the Murphy bed with custom built-ins allows for flexible use of the space. An ideal option for downsizers, first-time buyers, or those living in the Glebe who want or need accessible space nearby for a parent, adult child, nanny, or caregiver - while still maintaining independence and privacy. Perfect for simple main-floor living. Features include a stainless steel countertop, window A/C unit, in-suite laundry. Combined property taxes and condo fees of just $548.20/month - offers an attractive alternative to renting while building long-term equity in one of Ottawa's most sought-after neighbourhoods. Enjoy an unbeatable walkable lifestyle just one block from Bank Street and moments to the Rideau Canal, Lansdowne, parks, cafés, shopping, transit, Carleton University, and the University of Ottawa. Additional features include a separate storage closet and underground guest parking available for short term rental.

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Listing Details

Taxes (2025)
$2,719
Listed
July 20, 2026

Price History

Listing history

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Property

Style
Apartment
Age
16-30
Construction
Brick
Foundation
Concrete
Interior
Carpet Free

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Lyon St. S & First Ave
Parcel Number
156210042
Possession
30-59 days
Occupancy
Tenant

Condo

Maintenance Fee
$322/month
Fee Includes
Water Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
Exclusive
Balcony
None

Included

Inclusions
Stove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, Murphy Bed, Storage cabinet in Storage Room.
Exclusions
Tenan't Belongings

Schools

Elementary

  • Corpus Christi Catholic Elementary School0.2 km

    Catholic · Ottawa CSB · 225 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 46% met the provincial standard

  • Mutchmor Public School0.3 km

    Public · Ottawa-Carleton DSB · 425 students

    Grade 3 reading: 89% met the provincial standard · Grade 6 math: 77% met the provincial standard

  • First Avenue Public School0.6 km

    Public · Ottawa-Carleton DSB · 175 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 67% met the provincial standard

Secondary

  • Glebe Collegiate Institute0.4 km

    Public · Ottawa-Carleton DSB · 1315 students

    Grade 10 literacy: 93% met the provincial standard

  • Richard Pfaff Secondary Alternate Site1.1 km

    Public · Ottawa-Carleton DSB · 225 students

  • Immaculata High School1.2 km

    Catholic · Ottawa CSB · 855 students

    Grade 10 literacy: 87% 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 Condo & Other in Glebe - Ottawa East and Area · last 12 months

Median sold price
$1,033,500
Homes sold
258
Median days on market
15
Sale-to-list price
99.2%

Based on 258 recorded sales of residential condo & other properties in Glebe - Ottawa East and Area over the last 12 months.

Rooms

4-piece on Main

Main

  • Bathroom
  • Bedroom11'6" x 9'
  • Kitchen8'5" x 6'11"
  • Living Room10'6" x 11'6"

Listed by

RE/MAX HALLMARK REALTY GROUP

Walk Score

98

Walk

59

Transit

91

Bike

Scores by Walk Score®

Mortgage Calculator

$79,980

Estimated Monthly Payment

$1,965

Land transfer tax

Estimated land transfer tax$4,474

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,965/mo (20% down, 5.5%)

Taxes: $227/mo · Insurance: $100/mo

Maint: $322/mo

Estimates only. Consult a financial advisor.

R

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