55 GLENDALE Ave
4401 - Glebe, Glebe - Ottawa East and Area, K1S 1W3
FOR SALE
$1,649,000

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BEDROOMS5
BATHROOMS5
KITCHENS0
ROOMSX10423185
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Property Description
**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 $107,000 in revenue with excellent growth potential! The building offers open parking for three cars; all 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 Glebe Memorial Park, Chamberlain 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 opportunity, so don't miss out on this outstanding investment!
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Property Features
Park, Public Transit, School Bus Route
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Property Details
Street
Community
Property Type
Fourplex, 2-Storey
Lot Size
33' x 100'
Lot Irregularities
0
Fronting
South
Taxes
$12,620 (2024)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
None
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Listing contracted with Royal Lepage Team Realty






























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