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$1.70M · 5+1 bed Triplex · 4402 - Glebe, Glebe - Ottawa East and Area | MyPropertyScout

$1,695,000

84 Fourth Avenue

97 DOM

5+1497d

Map

⚡ Insider Deal

DOM 97

↓ $95KMotivated SellerPrice Reduced

$1,695,000

↓ $95KMotivated Seller

DOM97days

84 Fourth Avenue

Glebe - Ottawa East and Area · Ontario K1S 2L2

MLS® X12937508 · 4402 - Glebe · K1S 2L2

5+14TenantOccupied2500-3000 ft²Triplex2-car DetachedFull97d$616/ft²Lot 49.9 x 102.9 ft$12,264 tax/yrFull

97 days on market

About this home

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 Un…

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Property details

MLS#: X12937508
Status: Buy Now
Property class: Residential Freehold
Beds: 5+1
Baths: 4 full, 0 half
Rooms: 17 + 4
Kitchens: 4
Size: 2500-3000Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Full
Style: 3-Storey
Type: Triplex
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 041380294
Roll / ARN: 061405250109300

Occupancy: Tenant Occupied
Washrooms: 4 pc · Main; 4 pc · Second; 4 pc · Third; 3 pc · Basement
Family room: No
Central vacuum: No
Ensuite laundry: No

Roof: Asphalt Shingle
Foundation: Stone

Garage: 2-car Detached
Garage spaces: 2
Parking: 4 total
Lot: 49.94 × 102.91
Heating: Radiant
Heating fuel: Gas
Cooling: None
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: South
Cross street: Fourth and Bank
Stories: —
Utilities: —
Laundry: —
Interior: Carpet Free
Parking features: Private, Reserved/Assigned, Covered

Rooms

Room dimensions are not available for this listing.

Seller signals

Price movement & seller pressure

↓ $95KPrice reduction

MLS shows the seller reduced the asking price by $95,000 (from $1,790,000 to $1,695,000).

Motivated SellerWhy this label

97 days on market — Listing has been active for 97 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

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Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SLEEPWELL REALTY GROUP LTD

Source: TRREB/PROPTX · MLS® X12937508

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$1.70M

84 Fourth Avenue · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,695,000✓ $12,264 tax✓ Gas✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$12,402/mo

incl. closing costs (yr 1)

Annual total

$148,822

year 1

Mortgage only

$6,430/mo

principal + interest

Beyond mortgage

$2,982/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$339,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,022/mo

Utilities

Hydro / electricity$193/mo

≈ $0.07/ft² × ~2,750 ft² · ON avg ~$193/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$16,950/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$30,375

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)52% $77,164/yr

Property taxes29% $42,639/yr

Utilities4% $5,370/yr

Insurance & security1% $1,600/yr

Maintenance11% $16,950/yr

Closing costs3% $5,100/yr

Mortgage is 52% of your true cost of ownership. The other 48% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$77,164	$6,430/mo
Government & taxes
Property tax	$12,264	$1,022/mo
Land transfer tax(closing)	$30,375	$2,531/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,310	$193/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$16,950	$1,413/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$148,822	$12,402/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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84 Fourth Avenue

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

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Annual costs