Property Description

Welcome to 80 Fourth Avenue, an exceptional opportunity to create your dream home in the heart of the Glebe. Whether you envision transforming the entire property into a stunning single-family residence or living in one suite while benefiting from the rental income from the other, this property offers incredible flexibility and endless potential in one of Ottawa's most sought-after neighbourhoods. The vacant main floor, complete with exclusive use of the basement, is ready for immediate occupancy or renovation, allowing you to customize the space to suit your lifestyle and vision. The second and third floors are occupied by a long-term tenant, providing reliable rental income to help offset monthly expenses while you enjoy your home or complete future improvements. The property features three hydro meters, with one dedicated to each unit, as well as a rare detached two-car garage at the rear of the property. Whether you need secure parking, additional storage, a workshop, or simply appreciate the convenience of a spacious garage in the Glebe, this is a feature that is becoming increasingly difficult to find. Perfectly positioned on one of the Glebe's most desirable streets, you'll enjoy being just steps from Bank Street's vibrant shops, cafés, restaurants, and local boutiques. Lansdowne Park, TD Place, the Rideau Canal, excellent schools, parks, and countless walking and cycling paths are all within easy reach, offering an unmatched urban lifestyle in one of Ottawa's most established and prestigious communities. Whether you're searching for your forever home, a renovation project with exceptional upside, or a property that combines homeownership with income potential, 80 Fourth Avenue presents a rare opportunity to make your vision a reality in a location that continues to be one of Ottawa's most desirable places to call home. (id:7434)