169 Holmwood Avenue

Nestled in one of Ottawa's most sought-after neighbourhoods, 169 Holmwood Avenue, Ottawa, presents a remarkable opportunity as a Multi-Family Home for sale in Ottawa . This splendid 3-storey multiplex, with its charming brick and aluminium siding exterior, boasts an impressive seven bedrooms and four bathrooms, making it an ideal investment for those looking to capitalise on the vibrant rental market in the area.

The property, located at 169 Holmwood Avenue, Ottawa, is situated in the Glebe community, renowned for its picturesque streets and proximity to essential amenities. Just a short stroll away, you will find Carleton University and Lansdowne Park, making this location particularly attractive for students and families alike. The house has been used for student rentals in the past, and with its three spacious four-bedroom units and a two-bedroom unit in the basement (which is non-conforming), it has enjoyed a reputation for minimal vacancy. This Multi-Family Home for sale in Ottawa offers the potential for a steady income stream or the chance to create a stunning single-family residence.

As you approach the property at 169 Holmwood Avenue, Ottawa, you will notice the well-maintained exterior that reflects the character of the Glebe. The building is set on a generous lot measuring 36 by 88 feet, providing ample space for outdoor activities. While there is no garage or dedicated driveway, the property includes one parking space, ensuring convenience for residents and guests.

Inside, the layout comprises a total of 15 rooms, including four kitchens that cater to the needs of each unit. Although there is no central vacuum system or family room, the design allows for functional living spaces that can be tailored to suit various lifestyles. The absence of air conditioning may be a consideration for some, but the forced air heating system ensures comfort during the colder months. The property is also equipped with municipal water and sewer services, adding to its appeal.

The basement apartment presents an exciting opportunity for additional income or could be transformed into a more integrated part of the home. With the potential for updates and renovations, this Multi-Family Home for sale in Ottawa is a blank canvas waiting for the next owner's vision and creativity. The property has already seen upgrades, including newer windows, soffits, fascia, eavestrough, and boiler, which contribute to its overall appeal and functionality.

The Glebe community is known for its vibrant atmosphere, with an array of shops, restaurants, and parks within easy reach. Living at 169 Holmwood Avenue, Ottawa, means embracing a lifestyle that combines convenience and leisure. Whether you are looking to invest in a multi-family property or revert it back to a classic single-family home, the possibilities are endless.

This Multi-Family Home for sale in Ottawa is not just a property; it is an opportunity to be part of a thriving community. With its prime location, spacious layout, and potential for growth, 169 Holmwood Avenue, Ottawa, is waiting for someone to breathe new life into it. The combination of its strategic location and versatile living arrangements makes this property a standout choice for both investors and families seeking a home in the heart of Ottawa.

In conclusion, 169 Holmwood Avenue, Ottawa, is a unique offering in the real estate market, representing a chance to create something special in the Glebe. Whether you choose to maintain its current multi-family configuration or transform it into a single-family residence, this property is full of potential. Don’t miss out on the opportunity to own this Multi-Family Home for sale in Ottawa; it could be the perfect investment for your future.

Glebe, designated as community 4401, is a charming and vibrant neighbourhood nestled in the heart of Ottawa, just south of the Rideau Canal. Renowned for its picturesque tree-lined streets and historic architecture, Glebe offers a delightful blend of residential comfort and urban convenience. The area is dotted with an array of boutique shops, cafés, and restaurants, creating a lively atmosphere that attracts both locals and visitors alike. With excellent access to parks, recreational facilities, and cultural attractions, Glebe is an ideal location for those seeking a balanced lifestyle, combining the tranquillity of suburban living with the dynamic energy of city life. Its strong sense of community and proximity to downtown make it a highly desirable place to call home.

Schools in the Neighbourhood

This property is ideally situated near several reputable educational institutions, making it a great choice for families. Within a short distance, you'll find First Avenue Public School (0.8 km), an English-language elementary school rated 8.5, and Mutchmor Public School (0.2 km), which offers French-language education for younger students and boasts a rating of 8.4. Hopewell Avenue Public School (0.7 km) also provides French instruction and has an impressive rating of 9, catering to grades JK to 8. For older students, Glebe Collegiate Institute (0.7 km) serves grades 9 to 12 and holds a rating of 7.7. Additionally, Corpus Christi School (0.3 km) offers a Catholic education for elementary grades with a rating of 5.9, while Immaculata High School (1.4 km) serves secondary students with a rating of 5.8. Glashan Public School (1.2 km) provides education for grades 7 to 8 but currently has no rating. Overall, this area is well-equipped with a diverse range of schooling options, ensuring quality education for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 612 residents, with an average household size of 2.2. The community is relatively young, with an average age of 37.6 years. The economic landscape is robust, as evidenced by an average household income of $140,000, with only 5.2% of the population classified as low-income. The average property price in the area stands at $1,080,000, reflecting the desirability of the location. Approximately 50.94% of the residents are single, and 40% of households include children, indicating a mix of demographics. Renters make up a significant portion of the population at 55.56%, while condos account for 9.26% of housing options. Education levels are high, with 71.43% of residents holding a college or university degree. However, 23.81% of the population is not in the labor force, which may suggest a segment of retirees or individuals pursuing further education. Additionally, the area is home to 7.87% immigrants, contributing to its diverse community. Overall, this neighborhood presents a blend of economic stability, educational attainment, and family-oriented living, making it an attractive place for potential homeowners and renters alike.