84 Fourth Avenue, Glebe - Ottawa East and Area, ON K1S 2L2
Glebe - Ottawa East and Area, ON K1S 2L2
Quick cost estimateKnown monthly subtotal$8,699.17 / monthLand transfer tax $29,475One-time estimate
Quick cost estimate
$8,699.17 / monthKnown monthly subtotal
- Mortgage principal & interest
- $7,677.19
- Property tax / month
- $1,021.98
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $29,475
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $29,475
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Turnkey 4-unit income property in the heart of the Glebe generating $96,724 in gross annual income with a strong NOI of $73,705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa's most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2,700/month, Unit 2 (second level 2 bed + den) at $2,500/month, Unit 3 (third level 1 bed) at $1,891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high.
Home details
- Days on market
- Not reported
- Property type
- Triplex
- MLS® number
- X12937508
- Source status
- Extension
- Bedrooms
- 6
- Bathrooms
- 4
- Postal code
- K1S 2L2
- Kitchens
- 4
- Kitchens above grade
- 3
- Kitchens below grade
- 1
- Family room / den
- No
- Interior size (reported range)
- 2500-3000
- Lot depth
- 102.91 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 4
- Occupancy
- Tenant
- Possession type
- Flexible
- Garage
- Detached
- Annual property tax
- 12263.76
- Basement
- Full
- Interior features
- Carpet Free
- Architectural style
- 3-Storey
- Parking features
- Private, Reserved/Assigned, Covered
- Pool features
- None
- Fireplace
- No
- Waterfront
- No
- Garage available
- Yes
- Heating system
- Radiant
- Heating fuel
- Gas
- Cooling
- None
- Sewer
- Sewer
- Direction facing
- South
- Construction materials
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- MLS entry age (not confirmed DOM)
- 221 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Radiant
- Heating fuel
- Gas
- Cooling
- None
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 5
- Bedrooms below grade
- 1
- Rooms above grade
- 17
- Rooms below grade
- 4
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $1,650,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
Explore sold records with approved VOW access →Nearby homes sold near 84 Fourth Avenue, Glebe - Ottawa East and Area, ON K1S 2L2, Glebe - Ottawa East and Area
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Ottawa
- Municipality
- Glebe - Ottawa East and Area
- MLS® community
- 4402 - Glebe
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
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Nearby schools
No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in Glebe - Ottawa East and Area
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
84 Fourth Avenue, Glebe - Ottawa East and Area, ON K1S 2L2, Glebe - Ottawa East and Area is listed for sale as a Triplex. The listing reports 6 bedrooms, 4 bathrooms, reported interior area of 2500-3000 (units not reported), kitchens reported as 4, parking spaces reported as 4. Asking price: $1,650,000. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X12937508.
Local context
Explore the area: Glebe - Ottawa East and Area · 4402 - Glebe.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: SLEEPWELL REALTY GROUP LTD. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X12937508. Information deemed reliable but not guaranteed.