86 Fourth Avenue Ottawa, Ontario K1S 2L2

$1,298,000

Exceptional owner-occupier opportunity in the heart of the Glebe. Currently configured as a duplex with two separately metered hydro services and occupied by month-to-month tenants, 86 Fourth Avenue offers the rare opportunity to move into either the main floor or upper suite while generating rental income from the other. Renovate one unit at a time while enjoying the comfort and flexibility of owner occupancy, or reimagine the entire property as an extraordinary single-family residence tailored to your vision. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, cafés, restaurants, boutiques, and some of Ottawa's finest schools, this classic red brick home is rich in character and timeless architectural appeal. Original hardwood flooring, beautiful wood trim, generous room proportions, and inviting covered porches reflect the craftsmanship and elegance that make Glebe homes so highly sought after. Conceptual architectural floor plans have already been prepared, showcasing one possible vision for a thoughtfully redesigned four-bedroom family home while preserving the property's historic charm. Outside, the detached garage and expansive driveway provide exceptional flexibility, whether retained for parking and storage or incorporated into a future backyard retreat. Offering immediate livability, mortgage-offsetting income potential, and the opportunity to create a truly exceptional forever home in one of Ottawa's most prestigious neighbourhoods, 86 Fourth Avenue is a rare offering with limitless possibilities. (id:49269)

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https://www.realtor.ca/real-estate/29956722/86-fourth-avenue-ottawa-4402-glebe