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386-388 FIRST AVENUE, Ottawa, Ontario, K1S 2H1

MLS® # X12816362
Investment For Sale In Glebe - Dows Lake, Ottawa, Ontario
$1,899,900
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386-388 FIRST AVENUE, Ottawa, Ontario, K1S 2H1
$1,899,900

Property Information:

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 won't 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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Development: Partially finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick, Stucco
  • Fireplace: Yes
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters, Forced air, Not known, Not known
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Two stoves, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Hospital, Public Transit, Schools
  • Features: Carpet Free, Guest Suite
  • Fence Type: Fenced yard
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 103 Feet
  • Lot Frontage: 61 Feet
  • Lot Size: 61 x 103 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 12

Rooms:

  • Primary Bedroom 2nd Level 3.72 m x 4.08 m
  • Bedroom 2nd Level 3.78 m x 3.17 m
  • Bedroom 2nd Level 3.81 m x 2.93 m
  • Den 2nd Level 2.41 m x 1.71 m
  • Bedroom 2nd Level 4.24 m x 2.83 m
  • Living Main Level 4.54 m x 4.02 m
  • Dining Main Level 3.81 m x 3.26 m
  • Kitchen Main Level 3.90 m x 2.47 m
  • Breakfast Main Level 3.72 m x 4.24 m

Convert Measurement to:

Courtesy of: RE/MAX HALLMARK REALTY GROUP

REALTOR.ca  

Location of 386-388 FIRST AVENUE, Ottawa, Ontario, K1S 2H1

Demographic Information of 386-388 FIRST AVENUE, Ottawa, Ontario, K1S 2H1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$190,697.63

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.82 %

High school certificate or equivalent

18.51 %

Apprenticeship trade certificate/diploma

1.7 %

College/non-university certificate

12.8 %

University certificate (below bachelor)

3.0 %

University Degree

57.18 %

Commuter

Travel To Work

By Car

55.8 %

By Public Transit

18.46 %

By Walking

18.67 %

By Bicycle

3.76 %

By Other Methods

3.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.61 %

Houses

38.39 %

Own Vs. Rent