LOADING

$1,750,000

55 Glendale Avenue Ottawa, Ontario K1S 1W3

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55 Glendale Avenue Ottawa, Ontario K1S 1W3

None Forced Air

**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:42482)

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about 55 Glendale Avenue, Ottawa, Ontario K1S 1W3

    Property Details

    Property Details for 55 Glendale Avenue, Ottawa, Ontario K1S 1W3

    MLS® Number 1420214
    Property Type Multi-family
    Neighbourhood Glebe
    AmenitiesNearby Public Transit, Recreation Nearby, Shopping
    ParkingSpaceTotal 4

    Building

    Building details for 55 GLENDALE AVENUE, Ottawa, Ontario K1S 1W3
    BasementDevelopment Partially Finished
    BasementType Full (partially Finished)
    ConstructedDate 1950
    ConstructionStyleAttachment Attached
    CoolingType None
    ExteriorFinish Brick
    FlooringType Hardwood, Laminate, Tile
    HeatingFuel Electric
    HeatingType Forced Air
    StoriesTotal 2
    Type Fourplex
    UtilityWater Municipal Water

    Parking

    Surfaced
    See Remarks

    Land

    Acreage No
    CurrentUse Development Residential
    LandAmenities Public Transit, Recreation Nearby, Shopping
    Sewer Municipal Sewage System
    SizeDepth 100 Ft
    SizeFrontage 33 Ft
    SizeIrregular 33.01 Ft X 100 Ft
    SizeTotalText 33.01 Ft X 100 Ft
    ZoningDescription Residential

    Utilities

    Fully serviced Available

    ROYAL LEPAGE TEAM REALTY
    3101 Strandherd Drive, Suite 4
    Ottawa, Ontario K2G 4R9

    (613) 825-7653
    (613) 825-8762
    www.teamrealty.ca

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