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For Sale

268 First Avenue 1C #1C

4401 - Glebe, Glebe - Ottawa East and Area, ON
$424,900
1Bd
1Ba
250+sqft
0Parking
$1700/sqft
CondoMLS# X13169856Listed 2026-05-2527 DOM

About this home

Unique Glebe Opportunity! Located in a quiet boutique building of only 17 units, this inviting and intimate 1-bedroom, 1-bath condo offers 429 sq ft of 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.

Hardwood

Rooms

Main Floor
Kitchen2.57 × 2.10 m
Living Room3.20 × 3.50 m
Bedroom3.50 × 2.75 m
Bathroom0.00 × 0.00 m

Features

  • Carpet Free
  • None
  • Window Unit(s)
  • Apartment

Financials

Annual Taxes
$2,719.37

Estimated Rental Income

Entire property$2,100 – $2,800/mo
Rental yield5.9% – 7.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Glebe - Ottawa East and Area

Days on market27 days
Buyer's MarketSeller's Market

Based on active listings in Glebe - Ottawa East and Area. Data updates daily.

Our estimate for this home

Priced 131.8% above estimate
Estimated range
$170K$197K
Mid-point $183K · ~$733/sqft
How this listing compares
$170KList · $425K$197K
High confidence·Based on 10142 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$424,900
268 First Avenue 1C, Glebe - Ottawa East and Area
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