1C-268 First Ave
Glebe, Ottawa, Ontario K1S 2G8
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0–499sq ft
- Per sq ft
- $801at the range’s middle
- Tax a year
- $2,7192025 tax year
- Built
- 16-30
- Parking
- 0none
- Days on market
- Members
The brief
About 1C-268 First Ave
1C-268 First Ave is a 1-bedroom, 1-bathroom condo in Glebe, Ottawa, listed for sale at an asking price of $399,900 (MLS® X13854848).
STUDENTS/ INVESTORS : Unique Glebe Opportunity! Vacant and easy to show! Located in a quiet boutique building of only 17 units, this inviting and intimate 1-bedroom, 1-bath condo offers 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. Living room photo is virtually staged.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even51/100−$224/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 156 condos with 1 bedroom for lease in Ottawa right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,719 / 2025
- MLS® number
- X13854848
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 0-499 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Glebe
- Municipality
- Ottawa
Building
- Size
- 0-499 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Window Unit
- Heating Type
- Baseboard
Additional
- Foundation
- Concrete
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, Murphy Bed, Storage cabinet in Storage Room.
- Condo maint.
- $322
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.1 × 2.57 m | — | Main |
| Br | 2.75 × 3.5 m | — | Main |
| Living | 3.5 × 3.2 m | — | Main |
| Bathroom | 0.0 × 0.0 m | 4 Pc Bath | Main |
Listing history
Buy/sell history for 1C-268 First Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $399,900 | N/A | For Sale | X13854848 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $79,980
- Total mortgage amount
- $319,920
- Total interest payment
- $227,580
- Total purchase cost
- $627,480
- Mortgage payment
- $1,825/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
30%Monthly carrying cost
$2,374- Rent $2,150
- Shortfall $224
Rental income opens at $2,150, the median asking rent of 156 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,474
- Total land transfer tax
- $4,474
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $474
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $399,900
- $2,249
- Ontario total
- $4,474
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
- Not in the municipality’s mapped flood areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m4 test or monitoring holes also recorded.250 m
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 6.9 km6.9 km
Province of Ontario open data
Around the home2
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 40 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Municipal transit open data · Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 2.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 2 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro Ottawa LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Netsolid, OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in Glebe right now
- For sale now
- 8
- Median asking price
- $665K
- New in 7 days
- 0
- Price cuts
- 38%
Middle half: $506K to $1.25M
3 in 28 days
3 listings
This home is asking 40% below the median, lower than three quarters of them.
See all homes in GlebeAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Dow's Lake | OC Transpo light rail: O-Train Line 2 | 1.4 km |
| Corso Italia | OC Transpo light rail: O-Train Line 2 | 1.7 km |
| Riverside | OC Transpo bus rapid transit: Transitway | 1.9 km |
| Carleton | OC Transpo light rail: O-Train Line 2 | 2 km |
| Smyth | OC Transpo bus rapid transit: Transitway | 2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Corpus Christi Catholic Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 150 m | 74%Grade 6 average |
| Mutchmor Public SchoolOttawa-Carleton DSB | Public · grades JK–6 · French Immersion | 250 m | 92%Grade 6 average |
| First Avenue Public SchoolOttawa-Carleton DSB | Public · grades JK–6 · French Immersion | 650 m | 87%Grade 6 average |
| École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–8 | 1.4 km | 100%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Glebe Collegiate InstituteOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 400 m | 74%Grade 9 math |
| Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 1.1 km | — |
| Immaculata High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 1.2 km | 55%Grade 9 math |
| École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-Est | French-language Catholic · grades 9–12 | 1.7 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Glebe are shown to signed-in members.