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55 GLENDALE AVENUE
Glebe Ottawa K1S 1W3

$1,750,000
Multi-family built: 1950

Main Photo: 55 GLENDALE AVENUE in Ottawa: Multi-family for sale : MLS®# 1420214
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1420214
Year Built:
1950
**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:2493)
Property Type:
Multi-family
Property Attached:
Yes
Lease Type:
Gross
Zoning:
Residential
Taxes:
$12,620 / 2024
Community:
Glebe
Exterior Features:
Brick
Structure Type:
Fourplex
Utilities:
Fully serviced
Cooling:
None
Fireplace:
No
Floor finish:
Tile, Hardwood, Laminate
Heating:
Forced air, Electric
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Partially finished, Full
Current Use:
Development residential
Lot Details:
33.01 ft X 100 ft
Parking:
See Remarks, Surfaced
Total Parking Spaces:
4
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated November 14, 2024 at 09:45 PM (UTC)
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