45.4027° N · 75.6867° W — Glebe, Ottawa — MLS® #X12937508
84 Fourth Ave
$1,650,000
Glebe, Ottawa, Ontario K1S 2L2
- 5+1
- BedroomsBeds
- 4
- BathroomsBaths
- 2500-3000 sqft2500-3000
- SizeSq ft
- 49.94 x 102.91 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
84 Fourth Ave is a 5+1-bedroom, 4-bathroom triplex in Glebe, Ottawa, listed for sale at an asking price of $1,650,000 (MLS® X12937508).
Turnkey 4-unit income property in the heart of the Glebe generating $96,724 in gross annual income with a strong NOI of $73,705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa's most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2,700/month, Unit 2 (second level 2 bed + den) at $2,500/month, Unit 3 (third level 1 bed) at $1,891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high.
Listing readings
How it measures up
Scores from the listing record and the market around it.
73Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
15Shortfall
Cash flow quality
−$3,850/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 13 homes with 6 bedrooms for lease in Ottawa right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $12,264 / 2025
- MLS® number
- X12937508
- Board
- TRREB MLS®
- Property Type
- Triplex
- Time on market
- Size
- 2500-3000 sqft
- Lot Size
- 49.94 x 102.91 ft
- Listed on
- Parking
- 2 Detached, 4 Parking
Listing history
Listing activity for 84 Fourth Ave, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,650,000 | N/A | Ext | X12937508 |
Inside
Room by room
Property
- Property Type
- Triplex
- Style
- 3-Storey
- Community
- Glebe
- Municipality
- Ottawa
Building
- Size
- 2500-3000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 5+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc 2nd, 1 × 4pc 3rd, 1 × 3pc Bsmt
- Basement Type
- Full
- Kitchens
- 3
Parking
- Driveway
- Private, Reserved/Assigned, Covered
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Radiant
Land
- Sewer
- Sewers
- Frontage
- 49.94 ft
- Depth
- 102.91 ft
- Lot Size
- 49.94 x 102.91 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Riverside | OC Transpo bus rapid transit: Transitway | 1.5 km |
| Smyth | OC Transpo bus rapid transit: Transitway | 1.6 km |
| Pleasant Park | OC Transpo bus rapid transit: Transitway | 1.7 km |
| Lycée Claudel | OC Transpo bus rapid transit: Transitway | 1.8 km |
| Dow's Lake | OC Transpo light rail: O-Train Line 2 | 1.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Rideau Valley Conservation Authority’s mapped regulated area
- floodNone in rangeNot in the municipality’s mapped flood area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 120 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 6.8 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 15 test or monitoring holes also recorded.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is TransAlta Cogeneration L.P. — Ottawa Health Sciences Centre (OHSC) Cogeneration Facility, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiOn record2 federal contaminated sites within 1 km All of them are closed. The federal inventory covers federal land only, not provincial or private sites.
- electricityOn recordElectricity is distributed here by Hydro Ottawa Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 60 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Netsolid, OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Rideau Valley Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 5,139 sq ft477 m²
- Street frontage
- 49.94 ft15.2 m
- Depth
- 102.91 ft31.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land transfer tax on this home
- Ontario land transfer tax
- $29,475
- Total land transfer tax
- $29,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $25,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,650,000
- $25,000
- Ontario total
- $29,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Corpus Christi Catholic Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion74%Grade 6 average350 m
- Mutchmor Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion92%Grade 6 average350 m
- First Avenue Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion87%Grade 6 average400 m
- École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–8100%Grade 6 average1.1 km
SecondaryGrade 9 math 2024–25
- Glebe Collegiate InstituteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion74%Grade 9 math800 m
- Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion55%Grade 9 math1 km
- Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion—1.5 km
- École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–12—2.1 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$8,550
- Mortgage$7,528
- Property tax$1,022
A planning figure, not a quote.
Land transfer tax
$29,475
$25,475 for first-time buyers.
Rent, similar homes
$4,700
a month, median asking rent of 13 similar homes in Ottawa.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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