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55 GLENDALE AVENUE
Ottawa Ontario K1S1W3 Canada

$1,750,000

Active Listing ID 1420214
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Multi-family

$1,750,000

Active Listing ID 1420214
Save

55 GLENDALE AVENUE **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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick
  • Floor Covering: Tile, Hardwood, Laminate
  • Heating Systems: Forced air, Electric
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/13/2024 6:21:26 PM GMT
Source Updated Date: 11/23/2024 11:29:21 PM GMT

Courtesy of: Andrea Gil, Salesperson, ROYAL LEPAGE TEAM REALTY