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55 Glendale Ave

Glendale Ave, Old City, Ottawa, ON, K1S 4A8

-
Beds
-
Baths
$1,750,000
List Price
Details
Photos
30
Comparables
History
55 Glendale Ave, Ottawa, ON - 1 of 3
55 Glendale Ave, Ottawa, ON - 2 of 3
55 Glendale Ave, Ottawa, ON - 3 of 3
New
9 days on market

Quick Summary

  • Exceptional investment opportunity in prime location
  • Solid fourplex building with two 2-bed, two 4-bed units
  • Generating over $100,000 in revenue with growth potential
  • Open parking for four cars and easy to rent apartments
  • Steps from shopping, dining, and short drive to downtown
  • Close to O-TRAIN and parks for urban lifestyle
  • Recent fire retrofit in 2020 for added peace of mind
  • Favorable residential interest rates for fourplex financing

**Exceptional Investment Opportunity in the Glebe!** Take advantage of this solid building designed as a fourplex, featuring two spacious 2-bedroom units, two generous 4-bedroom units, and an additional 1-bedroom unit. Located at the vibrant northeast corner of Percy and Glendale, this highly sought-after area is currently generating over... Show More

**Exceptional Investment Opportunity in the Glebe!** Take advantage of this solid building designed as a fourplex, featuring two spacious 2-bedroom units, two generous 4-bedroom units, and an additional 1-bedroom unit. Located at the vibrant northeast corner of Percy and Glendale, this highly sought-after area is currently generating over $100,000 in revenue, with great potential for growth! The building offers open parking for four cars, and the large apartments are easy to rent. You’ll love the prime Centertown location, steps from shopping and dining, and a short drive to Parliament Hill and downtown. The O-TRAIN is just 25 minutes away, with nearby parks like Central Park, Glebe Memorial Park, and McNabb Park enhancing the urban lifestyle. The recent fire retrofit in 2020 adds peace of mind, and the fourplex + 1( non-compliant) unit can be financed at favourable residential interest rates. This is a rare chance—don’t miss out on this outstanding investment! (id:54626)

Property Details

Parking

4 Parking Spaces
Surfaced,See Remarks

Lot

Size
396′0″ * 1200′0″
Acres
-

Build

Year Built
1950
Model Name
-
Basement
Partially finished
Exterior
Brick
Foundation
-
Builder Name
-
Stories
2
Flooring
Hardwood, Laminate, Tile
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1420214
Last Updated
November 13, 2024
Brokerage
ROYAL LEPAGE TEAM REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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