About this property

Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles - a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, income-producing asset in one of Ottawa's most desirable river-adjacent communities.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13042546
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	3,500 sq ft
Beds / Baths	0 bed · 0 bath
City	Glebe - Ottawa East and Area
Postal Code	K1S 0T2
Province	ON
Listed Date	April 24, 2026
Days on Market	104
Price per Sq Ft	$424
Brokerage	EXP REALTY