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$ 1,750,000
Est. payment /mo
Active
55 GLENDALE AVE Ottawa, ON K1S 1W3
UPDATED:
Key Details
Property Type Other Types
Sub Type Multifamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1420214
Year Built 1950
Annual Tax Amount $12,620
Tax Year 2024
Property Sub-Type Multifamily
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. 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!
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!
Location
Province ON
Rooms
Basement Common, Full
Interior
Heating Electricity, Natural Gas
Flooring Hardwood, Laminate, Tile
Exterior
Parking Features Surfaced, Other (See Remarks)
Building
Dwelling Type 4 Plex
Story 2
Sewer Sewer Connected
Water Municipal
Structure Type Brick
Listed by ROYAL LEPAGE TEAM REALTY