60 Clarey Avenue, Glebe - Ottawa East and Area, ON K1S 2R7 (Bank Street, Clarey Ave)

Price : $1,149,000.00 , MLS®# : X13485034

Description

Fully Vacant September 1st! The Glebe's most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century triplex offers immediate upside in one of Ottawa's strongest rental markets. Two units are vacant and move-in ready, creating a rare opportunity to establish market rents from day one. The lower-level 1-bedroom unit is tenant-occupied and features a private rear walkout and dedicated parking, with vacant possession available September 1, 2026. The freshly painted main-floor 1-bedroom unit and upper 2-bedroom unit with loft, skylights and south-facing deck provide exceptional flexibility for investors or owner-occupiers. Additional features include three separate hydro meters, three parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe's unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential.

Location Description

Bank Street, Clarey Ave

Property Details
  • Community: 4402 - Glebe
  • Property Type: Partial/Residential Freehold
  • Bedrooms: 4
  • Bath: 3
  • Garages: None
  • Annual Property Taxes : $ 9861.79
Building Features
  • Foundation Type: Stone
  • Counstruction Material : Brick
  • Total Parking Space : 3
  • Parking Type : None
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 25.5 sq.ft
  • Land Depth: 89sq.ft

Listing Contracted With: ROYAL LEPAGE INTEGRITY REALTY