Glebe - Ottawa East and Area, ON · · MLS® X14176316Updated
$1,799,000
163 First Ave is an investment in Glebe - Ottawa East and Area, listed for $1,799,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Rare six-unit multifamily investment opportunity in the heart of the Glebe, one of Ottawa's most desirable and amenity-rich urban neighbourhoods. This well-maintained purpose-built apartment building offers a highly sought-after unit mix comprising four two-bedroom suites and two one-bedroom suites, catering to a stable tenant profile that includes working professionals and couples. Building systems include hot water radiator heating, six dedicated storage lockers, recently roughed-in common laundry facilities which can accommodate one washer and one dryer, and other notable capital improvements including a flat roof replacement completed in 2019, with an additional roof section replaced in 2025. The property benefits from N4B [1474] H(11) zoning, providing investors with long-term positioning in a neighbourhood characterized by strong rental demand, limited housing supply, and exceptional walkability. Residents enjoy immediate access to a wide range of everyday conveniences, all within walking distance, including Metro Glebe, Shoppers Drug Mart, Starbucks, RBC Royal Bank, Capital Home Hardware, and Canada Post. The property also benefits from proximity to some of Ottawa's most prominent destinations, including TD Place Stadium (1.4 km) and Parliament Hill (2.3 km), further enhancing its appeal to existing and prospective tenants.
Glebe - Ottawa East and Area investment priced at $1,799,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: CAPITAL COMMERCIAL INVESTMENT CORP., BrokerageMLS® X14176316 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other homes for sale in Glebe - Ottawa East and Area around $1.8M.
Based on 111 sales from Aug 14 – Nov 12, 2026 (100 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
163 First Ave is listed at $1,799,000 (MLS® X14176316). Summitly updates the price as soon as the MLS® record changes.
No — 163 First Ave is still listed at its original asking price of $1,799,000.
The listing for 163 First Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Glebe - Ottawa East and Area.
Its asking price of $1,799,000 is about 76% above the median sold price in Glebe - Ottawa East and Area over the last 90 days, $1,020,000, across 111 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 163 First Ave on record from the last two years. Older records aren't shown under TRREB rules.
163 First Ave is in Glebe - Ottawa East and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
1 day — 163 First Ave was listed on November 11, 2026.
About $32,455 in Ontario land transfer tax at the asking price of $1,799,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 163 First Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Glebe - Ottawa East and Area.
The listing for 163 First Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
