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273 Powell Avenue, Ottawa, ON 28 photos

$1,449,000

Active
273 Powell Avenue, Ottawa, ON· Glebe
4
Bedrooms
3
Bathrooms
2000-2500
Sq Ft
2
None Parking

About this Property

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.

Listed by MARILYN WILSON DREAM PROPERTIES INC. · MLS# X13091738

About The Glebe

Heritage Urban · Avg $900K

The Glebe is one of Ottawa's most iconic and sought-after neighbourhoods, a tree-lined urban community where heritage architecture, independent shopping, and the Rideau Canal converge to create one of the finest residential experiences in the National Capital Region. Stretching south from the Queensway to Lansdowne Park and bounded by the canal to the east and Bronson Avenue to the west, The Glebe has maintained its character and prestige through decades of careful community stewardship.

Avg Home Price$900K
Walk Score90
Restaurants on Bank St50+
Walk to Downtown20 min
View Full The Glebe Guide

Features & Details

Property details of 273 Powell Avenue, Ottawa, ON

Property TypeDuplex
Style3-Storey
Size2000-2500 sq ft
BasementFull, Unfinished
Total Parking2

Mortgage Calculator

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%
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Mortgage Payment$7,119/monthly
Principal54%
Interest46%
Principal Amount$1,159,200
Interest$976,351
Total Payable$2,135,551
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$7,119
Mortgage + Expenses$7,119
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$
$
$
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Monthly Cash Flow-$7,119

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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