$1,899,900

Duplex

386-388 First Avenue, Ottawa, ON

28 DAYS

3000-3500

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Listed by RE/MAX HALLMARK REALTY GROUP

Property Highlights

Garage

2 spaces

Property Tax

$12,872/yr

Lot Size

6,283 sqft

Fireplace

2 fireplaces

Style

2-Storey

Basement

Partially Finished, Walk-Out, Development Potential

Monthly Cost

$9,095/mo

About This Home

Welcome to 386-388 First Avenue! An exceptional opportunity to own TWO charming SEMI-DETACHED homes or DOUBLE SIDE-BY-SIDE in the heart of The Glebe, one of Ottawa's most sought-after urban neighbourhoods. Live in one and rent the other, or rent both. 386 First Avenue features a warm and inviting living room with a wood-burning fireplace, formal dining room, kitchen with a breakfast nook, Four generous bedrooms, two bathrooms, den and a versatile third-floor loft ideal as a home office, studio, or playroom. 388 First Avenue mirrors the layout but includes 3 bedrooms - perfect for extended family, guest rental income, or guest space. Each home boasts its own private backyard with deck, a single detached car garage, and a dedicated laneway with parking for up to 5 additional vehicles. Lower finished level offers laundry area, living space with walkout and tons of storage. Both units are ideal for owner-occupancy with income, multi-generational living, or full rental conversion into triplex or fourplex, subject to City of Ottawa zoning and approvals. Steps to Bank Street, Glebe Community Centre, parks, Lansdowne, top-rated schools, and Carleton University. Quick access to public transit and Hwy 417 makes this location incredibly attractive for tenants and future resale. Invest in the Glebe and unlock the full potential of this character-filled property in one of the City's highest-demand rental markets. This property blends character, functionality, and convenience. Whether you're an investor looking to convert to a multi-plex or looking for multi-generational living, this is a unique opportunity you won't want to miss! Located short distance from the upcoming brand-new Civic Hospital Campus, this home is perfect for healthcare professionals and proximity to medical services. Be our guest and book your private viewing today!