ON > Glebe - Ottawa East And Area > 4401 - Glebe
Glebe - Ottawa East And Area, ON K1S 2H1,386-388 First AVE
Glebe - Ottawa East And Area, ON K1S 2H1,386-388 First AVE
Glebe - Ottawa East And Area, ON K1S 2H1,386-388 First AVE
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,899,900
Est. payment /mo
7 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 4401 - Glebe

MLS Listing ID X12208401

Style 2-Storey

Bedrooms 7

Annual Tax Amount $12,872

Tax Year 2025

Property Sub-Type Duplex

Lot Depth 103.0

Lot Front 61.0

Appx SqFt 3000-3500

Property Description

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 wont 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!

Location

Province ON

County Ottawa

Community 4401 - Glebe

Area Ottawa

Zoning R3L/R4S

Rooms

Family Room Yes

Basement Separate Entrance, Finished

Kitchen 2

Interior

Interior Features In-Law Capability, Storage, Accessory Apartment, Water Heater

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Wood

Inclusions 2 Refrigerators, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers

Exterior

Exterior Feature Deck, Porch Enclosed, Patio, Privacy, Porch

Parking Features Lane, Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 61.0

Lot Depth 103.0

Total Parking Spaces 12

Building

Foundation Concrete

Others

Senior Community Yes

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Listed by RE/MAX HALLMARK REALTY GROUP

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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