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72 Fifth Avenue
Glebe - Ottawa East and Area
K1S 2M7
$3,200,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X13086832
- Bus Major:
- Apts - 6 To 12 Units
- Photos (45)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 7901 sq. ft. Square Feet
- Total Area:
- 7,901 sq. ft.
- Lot Depth:
- 67'10"
- Lot Frontage:
- 44'7½"
- Bathrooms:
- 11.0
- Water supply:
- Municipal
- Zoning:
- N4B
- Heating type:
- Water Radiators
- Garage:
- Outside/Surface
- Parking Spaces:
- 3
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- Annual
- Taxes:
- $25,940.94 / 2025
- Assessment:
- $- / -
- Ottawa
- Glebe - Ottawa East and Area
- 4402 - Glebe
- Public Transit
- 8 Hot Water Tanks
- 8 fridges, 8 stoves, 4 dishwashers, 8 range hoods, 5 washers, 5 dryers, 1 coin-operated washer and dryer
- Tenant's possessions
- Utilities:
- Yes
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Gross income:
- $194,320
- Net Income Before Debt:
- $128,941
- Expenses Actual/Estimated:
- Actual
- Heating Expenses:
- $5,382
- Hydro Expenses:
- $984
- Insurance Expenses:
- $8,954
- Management Expenses:
- $10,877
- Tax Expenses:
- $25,941
- Operating Expenses:
- $65,379
- Other Expenses:
- $800
- Water Expenses:
- $2,725
- Year Expenses:
- 2025
- Maintenace Expenses:
- $9,716
- Major Business Type:
- Apts - 6 To 12 Units
- Category:
- Apartment
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Trophy 8-unit multifamily asset -
Located in Ottawa's coveted Glebe neighbourhood
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3 on-site parking
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3 on-site parking
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Unit 1 (3-Bed/1.5-Bath/~900sq ft)
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Unit 1 (3-Bed/1.5-Bath/~900sq ft)
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Unit 1 (3-Bed/1.5-Bath/~900sq ft)
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Unit 1 (3-Bed/1.5-Bath/~900sq ft)
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Unit 1 (3-Bed/1.5-Bath/~900sq ft)
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Unit 2 (1-Bed/1-Bath/~510sq ft)
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Unit 2 (1-Bed/1-Bath/~510sq ft)
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Unit 2 (1-Bed/1-Bath/~510sq ft)
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Unit 3 (1-Bed/1-Bath/~525sq ft)
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Unit 3 (1-Bed/1-Bath/~525sq ft)
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Unit 3 (1-Bed/1-Bath/~525sq ft)
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Unit 3 (1-Bed/1-Bath/~525sq ft)
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Unit 3 (1-Bed/1-Bath/~525sq ft)
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Unit 3 (1-Bed/1-Bath/~525sq ft)
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Unit 4 (1-Bed/1-Bath/~440sq ft)
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Unit 4 (1-Bed/1-Bath/~440sq ft)
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Unit 4 (1-Bed/1-Bath/~440sq ft)
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Unit 4 (1-Bed/1-Bath/~440sq ft)
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Unit 6 (3-Bed/1.5-Bath/~905sq ft)
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Unit 6 (3-Bed/1.5-Bath/~905sq ft)
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Unit 6 (3-Bed/1.5-Bath/~905sq ft)
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Unit 6 (3-Bed/1.5-Bath/~905sq ft)
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Unit 6 (3-Bed/1.5-Bath/~905sq ft)
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Unit 8 (3-Bed/1.5-Bath/~915sq ft)
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Unit 8 (3-Bed/1.5-Bath/~915sq ft)
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Unit 8 (3-Bed/1.5-Bath/~915sq ft)
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Unit 8 (3-Bed/1.5-Bath/~915sq ft)
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Unit 8 (3-Bed/1.5-Bath/~915sq ft)
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Unit 8 (3-Bed/1.5-Bath/~915sq ft)
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Rear lane provides easy parking access
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Rear on-site parking
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West facing side of building
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Secondary exit for unit 3
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Virtual Tour
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Why Invest in Apartment Buildings for Sale?
Owning an apartment building for sale provides unique advantages:
- Multiple rental units generate consistent monthly income
- Economies of scale make property management more efficient
- Opportunity to increase property value through renovations and upgrades
- High demand for rental housing in urban and suburban markets
What to Look for in Apartment Buildings for Sale
When evaluating apartment buildings for sale, consider:
- Vacancy rates and tenant demand in the area
- Location and proximity to transit, schools, and employment hubs
- Building condition, age, and potential maintenance costs
- Current rental income and future appreciation potential
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If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.
Start Exploring Apartment Buildings for Sale Today
Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.
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Each link provides updated listings and expert insights.
FAQs – Apartment Buildings for Sale
1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.
2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.
3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.
4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.
5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.