LOADING

55 Glendale Avenue Ottawa, Ontario K1S 1W3

4 Bedroom 1 Bathroom
Forced Air

$1,750,000

**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:50886)

Property Details

MLS® Number X10423185
Property Type Single Family
Neigbourhood Glebe
Community Name 4401 - Glebe
AmenitiesNearBy Public Transit, Park
CommunityFeatures School Bus
ParkingSpaceTotal 4
Structure Deck

Building

BathroomTotal 1
BedroomsAboveGround 4
BedroomsTotal 4
Appliances Water Heater
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ExteriorFinish Brick
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Forced Air
Type Fourplex
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Park
Sewer Sanitary Sewer
SizeDepth 100 Ft
SizeFrontage 33 Ft
SizeIrregular 33.01 X 100 Ft ; 0
SizeTotalText 33.01 X 100 Ft ; 0
ZoningDescription Residential

https://www.realtor.ca/real-estate/27646239/55-glendale-avenue-ottawa-4401-glebe

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Andrea Gil
Salesperson


Royal LePage Team Realty
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9

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