$1,985,000

72 Pretoria Avenue, Glebe - Ottawa East and Area, ON K1S 1W9

Glebe - Ottawa East and Area4402 - GlebeMultiplex

11 beds6 baths2 parking 3500-5000 ft²

Key facts

MLS®
X13719872
Status
New
Type
Multiplex
Taxes
$15,734
Size
3500-5000 ft²
Parking
2 total
Listed
2026-08-27
Brokerage
RE/MAX HALLMARK REALTY GROUP
Cross street
Pretoria/Metcalfe

Description

This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. Gross Income $135,675. Operating expenses $33,658. NOI $102,016. Potential additional parking income $2400.

IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.