55 Glendale Avenue, Ottawa, Ontario

$1,750,000

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0.08

Acres

About 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:36535)

Features of 55 Glendale Avenue

Listing # 1420214
Price $1,750,000
Bathrooms 0.00
Acres 0.08
Year Built 1950
Type Multi-family

Community Information

Address 55 Glendale Avenue
Subdivision Glebe
City Ottawa
Province Ontario
Postal Code K1S1W3

Amenities

Amenities Public Transit, Recreation Nearby, Shopping
Utilities Fully serviced
Parking Spaces 4
Parking See Remarks, Surfaced
Is Waterfront No
Has Pool No

Interior

Heating Electric Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick

Listing Details

OfficeCourtesy Of Andrea Gil Of ROYAL LEPAGE TEAM REALTY

Listing Map