55 Glendale Avenue Ottawa, Ontario K1S 1W3
$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:49712)
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
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9
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December 14 2024 01:23:44
Ottawa Real Estate Board
Royal LePage Team Realty
