$1,699,000
Est. payment $7,523/moCalculate yours
120 Lees Avenue, Glebe - Ottawa East and Area, ON K1S 5M1
4407 - Ottawa East, Glebe - Ottawa East and Area, ON K1S 5M1
- 3 + 3 Beds
- 4 Baths
- 1,500 Sq Ft
Listing courtesy of RE/MAX HALLMARK REALTY GROUP MLS® X13856038
About this home
Purpose-built 2021 duplex in the heart of Old Ottawa East, offering exceptional modern construction and strong, stable income. This up-and-down layout features two spacious 1,300+square foot units, leased at $3,270 (lower) and $3,300 (upper) per month, delivering premium revenue in one of Ottawa’s most sought-after neighbourhoods. Contemporary finishes, efficient building systems, and thoughtful design make this an ideal turnkey investment. Steps to Main Street, Elgin Street, the Rideau River & Canal, Ottawa University parks, shops, and transit this property combines lifestyle appeal with reliable returns. A rare opportunity to own a newer, fully leased asset in a top-tier location.
Property details
Overview
- Property Type
- Duplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Metal/Steel Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25.89 x 88.97 Feet
- Parking
- None garage
Financial
- Property Taxes
- $8,235 (2026)
Location
- Neighbourhood
- 4407 - Ottawa East
- Cross Street
- Lees and Chestnut
- Direction Faces
- South
Listing
- MLS® Number
- X13856038
- Days on Market
- 18
- Listed On
- 2026-09-30
- Possession
- TBD
- Listed By
- RE/MAX HALLMARK REALTY GROUP
Rooms
Features
Interior
- Carpet Free
- ERV/HRV
- On Demand Water Heater
Property
- Park
- Fenced Yard
Pool
- None
- Included
- 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Hoodfans, 2 Washers, 2 Dryers.
- Excluded
- Tenants belonging
- Rental items
- NONE
Mortgage calculator
Estimated mortgage payment
$7,523 per month
- Principal and interest
- $7,523
- Property tax
- $686
- Condo fees
- $0
- Estimated monthly cost
- $8,209
Your mortgage
- Mortgage amount
- $1,359,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $897,641
Cash to close
- Down payment
- $339,800
- Land transfer tax
- $30,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $370,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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