55 GLENDALE AVENUE new

Ottawa,ON K1S1W3

$ 1750000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Glebe

MLS Listing ID 1420214

Originating Board Ottawa Real Estate Board

Year Built 1950

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! (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling None

Flooring Hardwood,Laminate,Tile

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

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