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108 3rd Ave - Glebe Court Condominiums 1,083 SF Retail Condo Unit Offered at $710,719 in Ottawa, ON K1S 5B1
Investment Highlights
- Prime commercial condominium located in the heart of the Glebe retail district.
- Highly walkable location surrounded by boutiques, restaurants, and cultural amenities.
- Situated within an established mixed-use community known for strong consumer traffic.
- Current tenancy with Canada Post ensures a secure, long-term income stream.
- Provides excellent connectivity to downtown Ottawa and major transportation routes.
Executive Summary
The property is located in Ottawa’s Glebe neighborhood, approximately 2.5 km south of downtown Ottawa. It is near major arterial roads, including Queen Elizabeth Drive and Bronson Avenue, and within easy reach of Highway 417. The surrounding area comprises a mix of retail, dining, and residential properties, fostering a walkable commercial environment. The Glebe is a historic urban community recognized for its concentration of local businesses and proximity to Lansdowne Park, a prominent sports and entertainment facility.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
ATTN INVESTORS!! Welcome to 108 Third Ave Unit 3 - A Prime Commercial Opportunity in the heart of the GLEBE. Discover this spacious 1947 sq ft commercial condo unit, currently tenant-occupied by Canada Post. Don't miss your chance to own a piece of commercial space in the highly south after are of the Glebe with a A+ tenant for a steady income stream!
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 108 | 1,083 SF | Retail | $710,719 USD ($656.25 USD/SF) | - |
Unit 108
| Unit Size |
| 1,083 SF |
| Condo Use |
| Retail |
| Price |
| $710,719 USD ($656.25 USD/SF) |
| NOI |
| - |
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Unit 108
| Unit Size | 1,083 SF |
| Condo Use | Retail |
| Price | $710,719 USD ($656.25 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| ATTN INVESTORS!! Welcome to 108 Third Ave Unit 3 - A Prime Commercial Opportunity in the heart of the GLEBE. Discover this spacious 1947 sq ft commercial condo unit, currently tenant-occupied by Canada Post. Don't miss your chance to own a piece of commercial space in the highly south after are of the Glebe with a A+ tenant for a steady income stream!</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 24,417 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 8,139 SF |
| Property Subtype | Apartment | Year Built | 2011 |
| Building Class | C | ||
| Zoning | TM H(15) | ||
| Total Building Size | 24,417 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 8,139 SF |
| Year Built | 2011 |
| Zoning | TM H(15) |
Amenities
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | - | 1,017 |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Fidacity Realty
108 3rd Ave - Glebe Court Condominiums
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