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$ 1,599,000
Est. payment /mo
Price Dropped by $50K
55 GLENDALE AVENUE Ottawa, ON K1S1W3
4 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision 4401 - Glebe
MLS® Listing ID X10423185
Bedrooms 4
Originating Board Ottawa Real Estate Board
Property 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by ROYAL LEPAGE TEAM REALTY