$1,810,000
$1,899,900
4.7%For more information regarding the value of a property, please contact us for a free consultation.
386-388 First AVE Glebe - Ottawa East And Area, ON K1S 2H1
7 Beds
4 Baths
Key Details
Sold Price $1,810,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 4401 - Glebe
MLS Listing ID X12816362
Sold Date 04/15/26
Style 2-Storey
Bedrooms 7
Annual Tax Amount $12,872
Tax Year 2025
Property Sub-Type Duplex
Property Description
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!
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room Yes
Basement Partially Finished, Walk-Out, Development Potential
Kitchen 2
Interior
Interior Features Carpet Free, In-Law Capability, Guest Accommodations, Separate Heating Controls, Separate Hydro Meter, Storage, Accessory Apartment, Water Heater, In-Law Suite
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Wood
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 61.0
Lot Depth 103.0
Total Parking Spaces 12
Building
Foundation Concrete
Others
Senior Community Yes
ParcelsYN No
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