Active

55 GLENDALE AVENUE

Ottawa Ontario, K1S1W3

C$1,699,000


Active

4 Beds

1 Bath

Residential

 Courtesy of ROYAL LEPAGE TEAM REALTY 

**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, Flooring: Tile, Hardwood and Laminate. Located at the vibrant northeast corner of Percy and Glendale, this highly sought-after area is currently generating over $100,000 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, and the fourplex + 1( non-compliant) unit can be financed at favourable residential interest rates. This is a rare opportunity, so don't miss out on this outstanding investment! (id:41202)

X10423185

MLS ID

February 13, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

1


Appliances

Water meter


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced air, Natural gas

Exterior/Building Features

Sewer

Sanitary sewer

Other Property Details

Association Amenities

Public Transit, Park


Garage

No


Parking Total

3


View

No


Water Source

Municipal water


Pool

No

Listing History

Date

Event

Price

1/24/2025

Price change

$1,699,000

-3%

Courtesy of ROYAL LEPAGE TEAM REALTY

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