55 GLENDALE AVENUE
Ottawa, Ontario K1S1W3

$1,750,000

ID# 1420214
**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:25961)
Courtesy of ROYAL LEPAGE TEAM REALTY

Listed on: November 13, 2024

On market: 2 days
Year Built 1950
Cooling Type None
Flooring Type Hardwood, Laminate, Tile
Heating Type Forced air
Heating Fuel Electric
Stories Total 2
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