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MLS® X13719872
Glebe - Ottawa East, Ottawa, ON
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 $30,340. NOI $105,334. Potential additional parking income $2400.
Inclusions
6 refrigerators, 6 stoves, 1 coin operated washer, 1 coin operated dryer, 6 hot water tanks
Broker
RE/MAX HALLMARK REALTY GROUP
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Multiplex
72 Pretoria Avenue Glebe - Ottawa East, Ottawa
Glebe - Ottawa East and Area
Type
Multiplex
Basement
Finished
Parking
None (2)
Property Tax
~$15,734/yr
Heating
Radiant
Buying Essentials
Square Feet
4250 sqft
Facing Direction
South
Parking
None (2)
Finances
List Price
$1,985,000
Price per SQFT
$467/sqft
Property Tax
~$15,734/yr
Property Specs
Property Type
Multiplex
MLS Size
4250 sqft
Basement
Finished
Living & Amenities
Heating Type
Radiant
Features
Water Heater Owned
Policies & Utilities
Neighbourhood
Glebe - Ottawa East and Area
Listed On
Aug 27, 2026
Days on Market
Current: 73 days
Room information is not available for this listing.
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