386-388 First Avenue Glebe - Ottawa East and Area, ON K1S 2H1
Listing Courtesy of: PropTX - IDX / Re/Max Hallmark Realty Group

  386-388 First Avenue Glebe - Ottawa East and Area, ON K1S 2H1

Active
$1,899,900
7
BED
4
BATH
3000-3500
SQFT

Description

Welcome to 386-388 First Avenue! An exceptional opportunity to own TWO charming SEMI-DETACHED homes or DOUBLE SIDE-BY-SIDE in the heart of The Glebe, one of Ottawa's most sought-after urban neighbourhoods. Live in one and rent the other, or rent both. 386 First Avenue features a warm and inviting living room with a wood-burning fireplace, formal dining room, kitchen with a breakfast nook, Four generous bedrooms, two bathrooms, den and a versatile third-floor loft ideal as a home office, studio, or playroom. 388 First Avenue mirrors the layout but includes 3 bedrooms - perfect for extended family, guest rental income, or guest space. Each home boasts its own private backyard with deck, a single detached car garage, and a dedicated laneway with parking for up to 5 additional vehicles. Lower finished level offers laundry area, living space with walkout and tons of storage. Both units are ideal for owner-occupancy with income, multi-generational living, or full rental conversion into triplex or fourplex, subject to City of Ottawa zoning and approvals. Steps to Bank Street, Glebe Community Centre, parks, Lansdowne, top-rated schools, and Carleton University. Quick access to public transit and Hwy 417 makes this location incredibly attractive for tenants and future resale. Invest in the Glebe and unlock the full potential of this character-filled property in one of the City's highest-demand rental markets. This property blends character, functionality, and convenience. Whether you're an investor looking to convert to a multi-plex or looking for multi-generational living, this is a unique opportunity you wont want to miss! Located short distance from the upcoming brand-new Civic Hospital Campus, this home is perfect for healthcare professionals and proximity to medical services. Be our guest and book your private viewing today! 48 hours irrevocable on all offers.

MLS®:
X12208401
Taxes
$12,872(2025)
Type
Single-Family Home
Style
2-Storey
County
Ottawa
Community
4401 - Glebe

Listed By

Re/Max Hallmark Realty Group
Source
PropTX - IDX
Last checked Jul 30 2025 at 7:18 PM EDT
Bathroom Details
Interior Features
  • In-Law Capability
  • Storage
  • Accessory Apartment
  • Water Heater
Property Features
  • Fireplace: Wood
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Finished
  • Full
Pool Information
  • None
Exterior Features
  • Brick
  • Stucco (Plaster)
  • Roof: Asphalt Shingle
  • Roof: Fibreglass Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Detached
Stories
  • 2
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 21, 2025
Price Changed
$1,899,900
-14%
-299,100
Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/30/25 12:18