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Home ON Ottawa - Gatineau Ottawa Glebe - Dows Lake
55 GLENDALE AVENUE
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55 GLENDALE AVENUE $1,750,000
1 day ago
$1,750,000
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55 GLENDALE AVENUE
Ottawa, Ontario K1S1W3

MLS® Number: 1420214

Listing 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. 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! (29066453)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Neighbourhood Name
Glebe
Land Size
33.01 ft X 100 ft
Built in
1950
Annual Property Taxes
$12,620
Parking Type
Surfaced, See Remarks
Time on REALTOR.ca
1 day

Building

Interior Features
Flooring
Hardwood, Laminate, Tile
Basement Type
Full (Partially finished)
Building Features
Style
Attached
Total Units
5
Heating & Cooling
Cooling
None
Heating Type
Forced air (Electric)
Utilities
Utility Type
Fully serviced (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation Nearby, Shopping
Parking
Parking Type
Surfaced, See Remarks
Total Parking Spaces
4

Land

Lot Features
Frontage
33 ft
Land Depth
100 ft
Present Use
Development residential
Other Property Information
Zoning Description
Residential
Lease Type
Gross
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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