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55 Glendale Ave

Glendale AveOld CityOttawaON, K1S 4A8

4
Beds
1
Baths
$1,750,000
List Price
55 Glendale Ave, Ottawa, ON - 1 of 3
55 Glendale Ave, Ottawa, ON - 2 of 3
55 Glendale Ave, Ottawa, ON - 3 of 3
39 days on market

Quick Summary

  • Exceptional investment opportunity in prime Centertown
  • Solid fourplex building with two 2-bedroom units
  • Two generous 4-bedroom units and a 1-bedroom unit
  • Generating over $100,000 in annual revenue
  • Open parking for four cars on the property
  • Steps from shopping, dining, and public transit
  • Recent fire retrofit in 2020 for added safety
  • Favorable residential financing rates available

**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. Flooring: Tile, Hardwood and Laminate. Located at the vibrant northeast corner of Percy and Glendale, this highly... 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. Flooring: Tile, Hardwood and Laminate. 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 to miss out on this outstanding investment! (id:54626)

Property Details

Size

Sq. Ft. Not Available
4 Beds
4 Above Grade
1 Bath
1 Full

Parking

4 Parking Spaces
-

Lot

Size
396′0″ * 1200′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Brick
Foundation
Unknown
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X10423185
Last Updated
December 14, 2024
Brokerage
ROYAL LEPAGE TEAM REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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