For sale
Fourplex

55 Glendale Avenue

$1,599,000
Ottawa, Ontario, K1S 1W3

Overview

  • Updated On:
  • April 03 2025
  • MLS® Number
  • X10423185
  • 4 Bedrooms
  • 5 Bathrooms

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, 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:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 2
Neighbourhood: The Glebe
Appliances
Water meter
Cooling & Heating
Natural gas
Forced air
ExteriorFinish
Brick
$ 8,198.39
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,199.64
Bedroom
BedroomsAboveGround: 4
BedroomsTotal: 4
Bathroom
BathroomTotal: 5
Basement
BasementDevelopment: Partially finished
BasementType: Full (Partially finished)
Construction
Age: 51 to 99 years
FoundationType: Unknown
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Public Transit, Park
Sewer: Sanitary Sewer
SizeDepth: 100 Ft
SizeFrontage: 33 Ft
SizeIrregular: 33.01 X 100 Ft ; 0
SizeTotalText: 33.01 X 100 Ft ; 0
ZoningDescription: R3p
  • Your Favourites

     

    No Favourites Found

     

  • Search

Compare Listings