261 Holmwood Avenue

Nestled in the heart of the Glebe community, this rare purpose-built brick duplex at 261 Holmwood Avenue, Ottawa, presents an exceptional opportunity for those seeking a Multi-Family Home for sale in Ottawa . Spanning a generous 39 feet by 104 feet, this property boasts ample outdoor space and offers three parking spots, making it a practical choice for families or investors alike.

As you approach 261 Holmwood Avenue, Ottawa, you will be greeted by its charming brick façade, which exudes a sense of warmth and character. The building is designed as a two-storey multiplex, providing a unique layout that separates the living spaces while still maintaining a sense of community. The first apartment, located on the main floor, features two bedrooms plus a den and is currently leased until 28th February 2026 at a rate of £2,790 per month. This unit is equipped with forced air heating and cooling, complemented by central air conditioning, ensuring comfort throughout the seasons. Residents of this apartment also enjoy access to the full unfinished basement, which serves as a convenient space for laundry and additional storage.

The second apartment, situated on the upper floor, has been thoughtfully renovated in 2025. This spacious unit comprises three bedrooms and one bathroom, along with its own laundry facilities. The heating and cooling system in this apartment is provided by a heat pump and baseboard electric, offering an efficient alternative to traditional systems. Importantly, both units are separately metered for hydro, allowing for straightforward management of utility costs, while the water expenses are shared between the two residences.

For those considering a Multi-Family Home for sale in Ottawa, this property offers flexibility in its potential use. The second-level apartment is currently vacant, providing an excellent opportunity for new owners to set their own rental rates or to occupy the space themselves. The side entrance leads directly to the unfinished basement, which can be utilised for additional storage or future development, adding further value to the property.

The outdoor space at 261 Holmwood Avenue, Ottawa, is equally impressive. The backyard features two designated parking spots, alongside ample room for a garden or a relaxing sitting area, perfect for enjoying the warmer months. Additionally, a third parking spot is conveniently located in the front yard, which is currently rented out for £100 per month, offering an immediate income stream for the new owner.

Location is key, and this Multi-Family Home for sale in Ottawa is ideally situated close to a variety of amenities. Residents will appreciate the proximity to Brown's Inlet, Bronson transit options, and Carleton University, making it an attractive option for students and professionals alike. The scenic Canal is also nearby, providing opportunities for outdoor activities and leisurely strolls.

With flexible possession terms and a 24-hour irrevocable period on all offers, this property at 261 Holmwood Avenue, Ottawa, is a must-see for anyone in the market for a Multi-Family Home for sale in Ottawa. Whether you are looking to invest in a rental property or seeking a family home with additional income potential, this duplex offers a unique blend of comfort, convenience, and opportunity. Don’t miss your chance to explore this exceptional property and envision the possibilities it holds for you and your family or tenants.

Glebe, designated as postal code 4401, is a charming and vibrant neighbourhood nestled in the heart of Ottawa. Known for its picturesque tree-lined streets and historic architecture, this area offers a delightful blend of residential comfort and urban convenience. Glebe boasts an array of boutique shops, cafes, and restaurants, creating a lively atmosphere that encourages social interaction and community engagement. The proximity to the Rideau Canal provides opportunities for outdoor activities, whether it's leisurely strolls in the summer or ice skating in the winter. With its rich cultural scene and a strong sense of local identity, Glebe presents an inviting environment for those seeking a dynamic yet serene place to call home.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it a great choice for families. Within a short distance, you'll find R.H. Murray Public School, a public school offering grades K to 8, located just 1.0 km away. In Ottawa, there are multiple highly-rated schools, including Glebe Collegiate Institute, a secondary school for grades 9 to 12, which is only 0.6 km from the property and boasts a commendable rating of 7.7. Mutchmor Public School and Hopewell Avenue Public School are both excellent elementary options, with Mutchmor offering French instruction for grades JK to 6 at a distance of 0.5 km (rating 7.3), and Hopewell serving grades JK to 8 with a rating of 8, located 0.8 km away. Additionally, Corpus Christi School, a Catholic elementary school, is 0.5 km away, providing English instruction for grades JK to 6 (rating 5.9). For older students, Immaculata High School, a Catholic secondary school, is located 1.8 km away and serves grades 7 to 12 with a rating of 7.4. This diverse range of educational options ensures that families will have access to quality schooling close to home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 461 residents. The average household size is 2.6, and the average age is 41.8 years, indicating a mature population. The average household income stands at an impressive $174,000, with only 4.8% of the population classified as low-income. The housing market reflects this affluence, with an average property price of $1,020,000. Notably, 40% of the population is single, while 40.74% of households have children, suggesting a balanced mix of family and single-person households. The area also has a diverse demographic, with 12.64% of residents being immigrants. Renters comprise 26.47% of the population, although there are no condominiums available in the area. Education levels are high, with 80.52% of residents holding a college or university degree. However, a significant portion, 37.66%, is not in the labor force, which may indicate a focus on education or retirement. Overall, this community offers a blend of affluence, education, and family-oriented living, making it an attractive location for potential buyers.