273 Powell Avenue
4401 - Glebe, Glebe - Ottawa East And Area, K1S 2A4
FOR SALE
$1,449,000
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4
BEDROOMS 3
BATHROOMS 1 + 1
KITCHENS 12 + 6
ROOMS X13091738
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Property Description
Strong investment opportunity in the heart of the Glebe. This elegant white-brick property offers immediate income potential with the flexibility to suit a range of investment strategies. Registered as a duplex and featuring Traditional Mainstreet zoning, the property presents opportunities for rental income, multi-generational living, or future redevelopment potential in one of Ottawa's most established urban neighbourhoods. The main floor can function as a self-contained two-bedroom suite, complete with its own kitchen, living and dining room with fireplace, full bathroom, and access to the private backyard. Upstairs, the second and third floors comprise a spacious two-level apartment with hardwood floors, period details, an updated kitchen with granite counters and stainless-steel appliances, plus a walkout to a deck and terraced yard. Three bedrooms upstairs include a generous primary bedroom with powder room. For investors, the layout offers excellent flexibility for owner-occupancy with supplemental rental income, dual-unit leasing, or longer-term repositioning. Well maintained and full of character, this is a rare opportunity to acquire an income-producing property in a prime walkable location near the Canal, Bank Street, Little Italy, shops, restaurants, and transit.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-02-29 | 2024-05-16 | 77 | $1,399,900 | $1,399,900 |
Property Features
Fenced Yard, Park, Public Transit, Carpet Free, Sump Pump, Water Heater, Lane, Wood
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Property Details
Address
273 Powell Avenue
Community
Postal Code
K1S 2A4
Property Type
Duplex, Duplex
Lot Size
33' x 100'
Acreage
3,306.7 Feet
Taxes
$10,406 (2026
Basement
Full, Unfinished
Exterior
Deck, Landscaped, Patio, Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Marilyn Wilson Dream Properties Inc.
Imagine owning a classic Glebe home and transforming it into the home you've always dreamed of. 86 Fourth Avenue presents a rare opportunity to purchase a timeless red brick property in one of Ottawa's most sought-after neighbourhoods while enjoying the flexibility of its current duplex configuration. Occupy either the main floor or upper suite and continue renting the other to help offset your mortgage, renovate one level at a time at your own pace, or transform the property into the extraordinary single-family residence you've always envisioned. Conceptual architectural floor plans have already been prepared, providing inspiration for a stunning four-bedroom family home while still giving you the freedom to personalize every detail and create a home that is uniquely your own. Rich in character and timeless architectural appeal, this classic residence showcases original hardwood flooring, beautiful wood trim, generous room proportions, inviting covered porches, a detached garage, an expansive driveway, and two separately metered hydro services. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, boutique shopping, cafés, award-winning restaurants, the Lansdowne Farmers' Market, excellent schools, parks, and countless year-round community events, you'll experience one of Ottawa's most walkable, vibrant, and cherished neighbourhoods where everything you need is just moments from your front door. Whether you choose to enjoy the home in its current configuration, thoughtfully renovate over time, or create your forever home from the ground up, 86 Fourth Avenue offers a truly unique opportunity to establish yourself in the Glebe while creating a home that can be enjoyed by your family for generations to come.
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