Homula Realty 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.

86 Fourth Avenue, Glebe - Ottawa East and Area, ON K1S 2L2

4 beds · 4 baths · 2 kitchens · 15+1 rooms · 5 parking spaces · 2500-3000 sq ft · Laundry on the upper level level · Duplex
$1,180,000
Property tax
$12,021 / year

Imagine owning a classic Glebe home and transforming it into the home you've always dreamed of. 86 Fourth Avenue presents a rare opportunity to purchase a timeless red brick property in one of Ottawa's most sought-after neighbourhoods while enjoying the flexibility of its current duplex configuration. Occupy either the main floor or upper suite and continue renting the other to help offset your mortgage, renovate one level at a time at your own pace, or transform the property into the extraordinary single-family residence you've always envisioned. Conceptual architectural floor plans have already been prepared, providing inspiration for a stunning four-bedroom family home while still giving you the freedom to personalize every detail and create a home that is uniquely your own. Rich in character and timeless architectural appeal, this classic residence showcases original hardwood flooring, beautiful wood trim, generous room proportions, inviting covered porches, a detached garage, an expansive driveway, and two separately metered hydro services. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, boutique shopping, cafés, award-winning restaurants, the Lansdowne Farmers' Market, excellent schools, parks, and countless year-round community events, you'll experience one of Ottawa's most walkable, vibrant, and cherished neighbourhoods where everything you need is just moments from your front door. Whether you choose to enjoy the home in its current configuration, thoughtfully renovate over time, or create your forever home from the ground up, 86 Fourth Avenue offers a truly unique opportunity to establish yourself in the Glebe while creating a home that can be enjoyed by your family for generations to come.

MLS number
X13492274
Type
Duplex
Status
Active
Bedrooms
4
Bathrooms
4
Postal code
K1S 2L2
Photos
25
Laundry
Upper Level level
78days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
First Avenue Public School
Ottawa-Carleton DSB
Elementary431 m8.7 / 10
87% met the standard
Mutchmor Public School
Ottawa-Carleton DSB
Elementary352 m8.4 / 10
84% met the standard
Corpus Christi Catholic Elementary School
Ottawa CSB
Elementary337 m7.8 / 10
78% met the standard
The ElementElementary and secondary360 mNot reported
Blyth Academy OrbitSecondary511 mNot reported
Blyth Academy The GlebeSecondary511 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 849 people.

$120,000Median household income
64.8%Own their home
12.5%Detached houses
43.2Median age
18.8%Born outside Canada
69.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060305 — the few blocks around this address, home to 849 people. It describes the area, not this property.

849Population
43.6Average age
1.9Household size
$200,000Average household income
$120,000Median household income
65%Own their home
35%Rent
58%Condominiums
19%Born outside Canada
69%University degree
$1,090,000Average home value
9%Low income
48%Not in the labour force
30%Never married
Under $5,0001%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over38%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over17%

Percentages are of the 695 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$236,000 · minimum here is $93,000
$5,224.78per month
Borrowed before insurance$944,000
Total borrowed$944,000
Interest over 25 years at 4.5%$623,435

If you rented it out

-$6,226.53per month out of pocket
Rent$0.00
Everything it costs to hold$6,226.53
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by SLEEPWELL REALTY GROUP LTD. Listing data provided by the Toronto Regional Real Estate Board.