255 FIFTH AVENUE - Photo 1 of 39, Ottawa, Ontario
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$2,200,000

255 FIFTH AVENUE — Ottawa, Ontario

K1S2N1

18Beds
4Baths
4Parking

Listed by RE/MAX HALLMARK REALTY GROUP

About This Property

TURNKEY FOURPLEX (GROSS INCOME $144,600/EXPENCES $24,167/NET INCOME $120,432)+ 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! (id:63357)

Property Details

Property Type
Multi-Unit
Bedrooms
18
Bathrooms
4
Stories
3.0
Status
Active

Location & Neighborhood

What's nearby 255 FIFTH AVENUE

Lifestyle Summary

** Living at 255 Fifth Avenue means immersing yourself in a vibrant, family-friendly community that balances urban convenience with a relaxed, suburban feel. The combination of excellent schools, abundant recreational options, and a diverse dining scene creates a rich lifestyle that caters to all ages. Whether you’re grabbing coffee at a local café or enjoying a day at the park, this neighborhood fosters a sense of belonging and community spirit, making it an ideal place to call home.

🏘️Neighborhood Vibe

** Nestled in the vibrant Glebe community, 255 Fifth Avenue exudes a charming blend of historic character and modern conveniences. The tree-lined streets are filled with friendly faces and a strong sense of community, making it a perfect place for those seeking a welcoming atmosphere. Residents enjoy a lively neighborhood where local shops, cafes, and cultural events thrive, creating a rich tapestry of experiences. **COMMUTER_SUMMARY:** Commuting from this prime location is a breeze, with multiple bus stops just a short walk away on Bronson Avenue. Public transit options provide seamless access to downtown Ottawa and beyond, making it easy for professionals to reach their workplaces. Whether you prefer public transport or biking, the connectivity of the area means you can spend less time commuting and more time enjoying life. **FAMILY_SUMMARY:** For families, this neighborhood is a treasure trove of educational opportunities and child-friendly activities. With several reputable elementary schools, including Mutchmor Public School and Glebe Collegiate Institute, parents can feel confident in their children's educational journey. Additionally, nearby parks offer safe spaces for kids to play and explore, ensuring a fulfilling environment for families to grow and thrive. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the diverse dining scene surrounding 255 Fifth Avenue. From the mouth-watering tacos at Mona's Taqueria to the cozy ambiance of Wild Oat Bakery, there’s something to satisfy every palate. The area is also home to a variety of cafes and eateries, providing residents with plenty of options for casual outings, brunches, and cozy dinners. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves in paradise with a plethora of parks within walking distance. Capital Park and Brown's Inlet Park offer beautiful green spaces for picnics, leisurely strolls, or children's playdates. With the abundance of nearby trails and recreational areas, residents can embrace an active lifestyle while enjoying the natural beauty of their surroundings. **OVERALL_LIFESTYLE:** Living at 255 Fifth Avenue means immersing yourself in a vibrant, family-friendly community that balances urban convenience with a relaxed, suburban feel. The combination of excellent schools, abundant recreational options, and a diverse dining scene creates a rich lifestyle that caters to all ages. Whether you’re grabbing coffee at a local café or enjoying a day at the park, this neighborhood fosters a sense of belonging and community spirit, making it an ideal place to call home.

🚗Commuting

** Commuting from this prime location is a breeze, with multiple bus stops just a short walk away on Bronson Avenue. Public transit options provide seamless access to downtown Ottawa and beyond, making it easy for professionals to reach their workplaces. Whether you prefer public transport or biking, the connectivity of the area means you can spend less time commuting and more time enjoying life. **FAMILY_SUMMARY:** For families, this neighborhood is a treasure trove of educational opportunities and child-friendly activities. With several reputable elementary schools, including Mutchmor Public School and Glebe Collegiate Institute, parents can feel confident in their children's educational journey. Additionally, nearby parks offer safe spaces for kids to play and explore, ensuring a fulfilling environment for families to grow and thrive. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the diverse dining scene surrounding 255 Fifth Avenue. From the mouth-watering tacos at Mona's Taqueria to the cozy ambiance of Wild Oat Bakery, there’s something to satisfy every palate. The area is also home to a variety of cafes and eateries, providing residents with plenty of options for casual outings, brunches, and cozy dinners. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves in paradise with a plethora of parks within walking distance. Capital Park and Brown's Inlet Park offer beautiful green spaces for picnics, leisurely strolls, or children's playdates. With the abundance of nearby trails and recreational areas, residents can embrace an active lifestyle while enjoying the natural beauty of their surroundings. **OVERALL_LIFESTYLE:** Living at 255 Fifth Avenue means immersing yourself in a vibrant, family-friendly community that balances urban convenience with a relaxed, suburban feel. The combination of excellent schools, abundant recreational options, and a diverse dining scene creates a rich lifestyle that caters to all ages. Whether you’re grabbing coffee at a local café or enjoying a day at the park, this neighborhood fosters a sense of belonging and community spirit, making it an ideal place to call home.

👨‍👩‍👧‍👦Family Living

** For families, this neighborhood is a treasure trove of educational opportunities and child-friendly activities. With several reputable elementary schools, including Mutchmor Public School and Glebe Collegiate Institute, parents can feel confident in their children's educational journey. Additionally, nearby parks offer safe spaces for kids to play and explore, ensuring a fulfilling environment for families to grow and thrive. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the diverse dining scene surrounding 255 Fifth Avenue. From the mouth-watering tacos at Mona's Taqueria to the cozy ambiance of Wild Oat Bakery, there’s something to satisfy every palate. The area is also home to a variety of cafes and eateries, providing residents with plenty of options for casual outings, brunches, and cozy dinners. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves in paradise with a plethora of parks within walking distance. Capital Park and Brown's Inlet Park offer beautiful green spaces for picnics, leisurely strolls, or children's playdates. With the abundance of nearby trails and recreational areas, residents can embrace an active lifestyle while enjoying the natural beauty of their surroundings. **OVERALL_LIFESTYLE:** Living at 255 Fifth Avenue means immersing yourself in a vibrant, family-friendly community that balances urban convenience with a relaxed, suburban feel. The combination of excellent schools, abundant recreational options, and a diverse dining scene creates a rich lifestyle that caters to all ages. Whether you’re grabbing coffee at a local café or enjoying a day at the park, this neighborhood fosters a sense of belonging and community spirit, making it an ideal place to call home.

🍽️Dining & Entertainment

** Culinary enthusiasts will delight in the diverse dining scene surrounding 255 Fifth Avenue. From the mouth-watering tacos at Mona's Taqueria to the cozy ambiance of Wild Oat Bakery, there’s something to satisfy every palate. The area is also home to a variety of cafes and eateries, providing residents with plenty of options for casual outings, brunches, and cozy dinners. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves in paradise with a plethora of parks within walking distance. Capital Park and Brown's Inlet Park offer beautiful green spaces for picnics, leisurely strolls, or children's playdates. With the abundance of nearby trails and recreational areas, residents can embrace an active lifestyle while enjoying the natural beauty of their surroundings. **OVERALL_LIFESTYLE:** Living at 255 Fifth Avenue means immersing yourself in a vibrant, family-friendly community that balances urban convenience with a relaxed, suburban feel. The combination of excellent schools, abundant recreational options, and a diverse dining scene creates a rich lifestyle that caters to all ages. Whether you’re grabbing coffee at a local café or enjoying a day at the park, this neighborhood fosters a sense of belonging and community spirit, making it an ideal place to call home.

🌳Outdoor Recreation

** Outdoor enthusiasts will find themselves in paradise with a plethora of parks within walking distance. Capital Park and Brown's Inlet Park offer beautiful green spaces for picnics, leisurely strolls, or children's playdates. With the abundance of nearby trails and recreational areas, residents can embrace an active lifestyle while enjoying the natural beauty of their surroundings. **OVERALL_LIFESTYLE:** Living at 255 Fifth Avenue means immersing yourself in a vibrant, family-friendly community that balances urban convenience with a relaxed, suburban feel. The combination of excellent schools, abundant recreational options, and a diverse dining scene creates a rich lifestyle that caters to all ages. Whether you’re grabbing coffee at a local café or enjoying a day at the park, this neighborhood fosters a sense of belonging and community spirit, making it an ideal place to call home.

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Dining

Pharmacy

POI data updated 1/31/2026

Ottawa Market Snapshot

3,018

Active Listings

$664K

Median Price

0

Avg Days on Market

Last updated: Nov 21, 2025

Listed by

RE/MAX HALLMARK REALTY GROUP

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$2,200,000