| Water Included | |
| Building Insurance Included |



















1C - 268 First Avenue
4401 - Glebe, Glebe - Ottawa East and Area
$399,900
STUDENTS/ INVESTORS : Unique Glebe Opportunity! Vacant and easy to show! Located in a quiet boutique building of only 17 units, this inviting and intimate 1-bedroom, 1-bath condo offers thoughtfully designed living within a beautiful heritage building originally built in 1914 and converted into condominiums in 2000. Bright oversized windows, hardwood floors, and an open-concept layout fill the space with natural light and warmth year-round, while the Murphy bed with custom built-ins allows for flexible use of the space. An ideal option for downsizers, first-time buyers, or those living in the Glebe who want or need accessible space nearby for a parent, adult child, nanny, or caregiver - while still maintaining independence and privacy. Perfect for simple main-floor living. Features include a stainless steel countertop, window A/C unit, in-suite laundry. Combined property taxes and condo fees of just $548.20/month - offers an attractive alternative to renting while building long-term equity in one of Ottawa's most sought-after neighbourhoods. Enjoy an unbeatable walkable lifestyle just one block from Bank Street and moments to the Rideau Canal, Lansdowne, parks, cafés, shopping, transit, Carleton University, and the University of Ottawa. Additional features include a separate storage closet and underground guest parking available for short term rental. Living room photo is virtually staged.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $322 |
| Locker | Exclusive |
| Balcony | None |
| Exposure | North |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,719 |
| mls© Number | X13586324 |
| Listed By | RE/MAX HALLMARK REALTY GROUP |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,047
- Property tax
- $227
- Heat allowance
- $150
- Condo fees, half counted
- $161
- Housing costs
- $2,584 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$80,000
gross annual household income
- Payment at 4%
- $1,683 / mo
- Cash down
- $79,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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