**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:4069)
| Address |
55 GLENDALE AVENUE |
| List Price |
$1,750,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Ottawa |
| Lot Size |
33.01 ft X 100 ft Sq. Ft. |
| Year Built |
1950 |
| MLS® Number |
1420214 |
| Listing Brokerage |
ROYAL LEPAGE TEAM REALTY
|
| Basement Area |
Full (Partially finished) |
| Postal Code |
K1S1W3 |
| Zoning |
Residential |
| Site Influences |
Public Transit, Recreation Nearby, Shopping |
