For Sale

$1,599,000

55 GLENDALE AVENUE , Ottawa, Ontario K1S1W3

4 Beds 5 Baths

Remarks

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, with a mix of 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, with this fourplex + 1( non-compliant). This building can be financed at favourable residential interest rates. This is a rare opportunity, so don't miss out on this outstanding investment! (id:27)

Property Summary

  • Neighbourhood: 4401 - Glebe
  • Lot Frontage: 33.0 Feet
  • Lot Depth: 100.0 Feet
  • Lot Size: 33.01 x 100 FT ; 0
  • No. of Parking Spaces: 3
  • Bedrooms: 4
  • Bathrooms (Total): 5
  • Zoning: R3P

Property Features:

  • Amenities Nearby:
    Public Transit , Park
  • Community Features:
    School Bus
  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer
  • Structure Type:
    Deck

Building Features:

  • Appliances:
    Water meter
  • Basement Development:
    Partially finished
  • Basement Type:
    Full
  • Building Type:
    Fourplex
  • Exterior Finish:
    Brick
  • Foundation Type:
    Unknown
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Office Listing: 

Andrea Gil Sales Representative

Lifestyle
Neighbourhood Info
Georgia Lindia

Georgia Lindia

Salesperson/REALTOR®

Phone:  613.825.7653

Mobile:  613.296.6252

Fax:  613.825.7653

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Royal LePage Team Realty, Brokerage (Independently owned and operated)

4 - 3101 STRANDHERD DR
Ottawa,  ON K2G 4R9

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