$950,000
Est. payment $4,206/moCalculate yours
50 Aylmer Avenue, Glebe - Ottawa East and Area, ON K1S 2X1
4403 - Old Ottawa South, Glebe - Ottawa East and Area, ON K1S 2X1
- 5 + 1 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of RE/MAX HALLMARK REALTY GROUP MLS® X13877392
About this home
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.
Property details
Overview
- Property Type
- Triplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33 x 88 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $10,914 (2026)
Location
- Neighbourhood
- 4403 - Old Ottawa South
- Cross Street
- Bank & Alymer
- Direction Faces
- South
Listing
- MLS® Number
- X13877392
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- TBA
- Listed By
- RE/MAX HALLMARK REALTY GROUP
Features
Interior
- None
Property
- Park
- Place Of Worship
- Rec./Commun.Centre
- Public Transit
Pool
- None
- Included
- (3) Refrigerators, (3) Stoves, (3) Hood Fans, (3) Washers, (3) Dryers
- Excluded
- Tenant's Belongings
- Rental items
- Hot Water Tank ($28.23/month-Enercare)
Mortgage calculator
Estimated mortgage payment
$4,206 per month
- Principal and interest
- $4,206
- Property tax
- $910
- Condo fees
- $0
- Estimated monthly cost
- $5,116
Your mortgage
- Mortgage amount
- $760,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $501,918
Cash to close
- Down payment
- $190,000
- Land transfer tax
- $15,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $205,475
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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