50 Aylmer Avenue, Glebe - Ottawa East and Area

$950,000
50 Aylmer Avenue

$950,000

New
15d
Triplex3-Storey

50 Aylmer Avenue, Glebe - Ottawa East and Area

Total Monthly Obligation $5,117

Beds
6
Baths
3
Park
3
Sqft
2000-2500
DOM
15d
Yield
3.5%
Cash on Cash
-11.4%
Cap Rate
2.1%
5Y IRR
6.6%
10Y IRR
7.7%
Property Type-Triplex
MLS® Number-X13877392
Beds-6
Bathrooms-3
Size-2000-2500 sqft
Lot Size-33 × 88 ft
Listed on site-Oct 8, 2026
Style-3-Storey
Building Type-Triplex
Taxes-$10,914 (2026)
Parking-3 - None
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-TBA
Neighbourhood-4403 - Old Ottawa South
Title-Residential Freehold

No agent assigned

Situated in the heart of sought-after Old Ottawa South, this classic 3-storey brick triplex offers an exceptional investment opportunity with 3 self-contained residential units and strong income potential. Ideally located within walking distance to shops, restaurants, parks, public transit, and Carleton University, this well-maintained property combines character, functionality, and convenience in one of Ottawa's most desirable neighbourhoods. The main floor apartment features 2 bedrooms and 1 bathroom and is currently rented for $1,750/month + hydro. This unit offers updated flooring and kitchen, inside and rear access, as well as in-unit laundry with washer and dryer. The second floor apartment spans the second and third levels and is currently rented for $2,020/month + hydro. Offering 3 bedrooms, this spacious unit features a large living room with balcony access, updated 4-piece bathroom, laminate flooring, and a functional kitchen with in-unit laundry. The basement apartment offers excellent additional income potential with a projected market rent of approximately $1,500/month + hydro. This self-contained 1-bedroom unit includes an updated bathroom, renovated kitchen with eating area, living room, and in-unit laundry. A rare opportunity to own a versatile multi-unit property in a prime urban location with easy access to downtown, Lansdowne, Rideau Canal pathways, and everyday amenities. Some photos virtually staged. 24 hours notice, 24 hours irrevocable.

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Closing Costs

Mortgage Amount
$760,000
Land Transfer Taxes$15,475
Legal Fees (Est.)
$
Total cash required for closing$206,975

Total Monthly Obligation

$5,117/mo
Mortgage $3,832
Monthly Loss $4,108
Principal$1,008
Interest$2,824
Property Tax$910
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 50 Aylmer Avenue

Time

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