120 Strathcona Avenue
Glebe - Ottawa East and Area, ON
- 6 bed
- 5 bath
- approx. 3000-3500 sqft
- Multiplex
A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential.
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Listing Details
- Taxes (2026)
- $13,395
- Listed
- September 2, 2026
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Construction
- Brick, Wood
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Stone
- Interior
- None
- Lot Size
- 36.33 x 99.5 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- O'Connor Street and Strathcona Avenue
- Parcel Number
- 041320036
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- All appliances and all light fixtures
Schools
Elementary
- First Avenue Public School0.3 km
Public · Ottawa-Carleton DSB · 175 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Glashan Public School0.5 km
Public · Ottawa-Carleton DSB · 315 students
- Immaculata Intermediate School0.6 km
Catholic · Ottawa CSB · 490 students
Secondary
- Immaculata High School0.6 km
Catholic · Ottawa CSB · 855 students
Grade 10 literacy: 87% met the provincial standard
- Glebe Collegiate Institute1.1 km
Public · Ottawa-Carleton DSB · 1315 students
Grade 10 literacy: 93% met the provincial standard
- Richard Pfaff Secondary Alternate Site1.2 km
Public · Ottawa-Carleton DSB · 225 students
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
- $1,050,000
- Homes sold
- 254
- Median days on market
- 15
- Sale-to-list price
- 99.2%
Based on 254 recorded sales of residential freehold properties in Glebe - Ottawa East and Area over the last 12 months.
Rooms
4 × 4-piece, 3-piece
Third
- Bedroom17'10" x 14'
- Dining Room9'2" x 7'2"
- Kitchen11'3" x 10'1"
- Living Room16'6" x 16'4"
Second
- Bedroom11'2" x 10'4"
- Bedroom9'9" x 8'4"
- Kitchen15'9" x 11'3"
- Living Room17'8" x 12'4"
- Living Room15'6" x 12'
Ground
- Bedroom12'11" x 14'1"
- Kitchen17' x 11'1"
- Living Room16'9" x 13'
- Primary Bedroom15'8" x 12'3"
Basement
- Bedroom10'1" x 11'6"
- Kitchen8' x 7'11"
- Laundry16'6" x 5'11"
- Living Room14'6" x 17'
- Locker15'7" x 3'11"
- Utility Room11'7" x 9'6"
- Utility Room11'7" x 9'6"
Listed by
RE/MAX ABSOLUTE WALKER REALTY
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Location
Street View
Mortgage Calculator
$279,000
Estimated Monthly Payment
$6,853
Land transfer tax
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: $6,853/mo (20% down, 5.5%)
Taxes: $1,116/mo · Insurance: $349/mo
Estimates only. Consult a financial advisor.
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