**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. Flooring: Tile, Hardwood and Laminate. 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 to miss out on this outstanding investment! (id:4069)
Address
55 GLENDALE AVENUE
List Price
$1,750,000
Property Type
Single Family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
Ottawa
Bedrooms
4
Bathrooms
1
Lot Size
33.01 x 100 FT ; 0 Sq. Ft.
MLS® Number
X10423185
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement Area
Full (Partially finished)
Postal Code
K1S1W3
Zoning
Residential
Site Influences
Public Transit, Park
