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55 GLENDALE Ave, Glebe - Ottawa East and Area 4401 - Glebe
Cashback ~$17,738
$1,699,000
$1,750,000

55 GLENDALE Ave, Glebe - Ottawa East and Area 4401 - Glebe

Fourplex
Property type
4
Bedrooms
1
Bathrooms
4401 - Glebe
Community name

Property details

Status
Active
Building type
2-Storey
Roof
Unknown
A/C
None
Heating
Forced Air
Foundation
Unknown
Pool
None
Lot size
33.01 X 100.00
Exterior
Park
Construction
Brick
Parking spaces
3
Age
51
Updated on
2025-02-19, 3:45 p.m.
MLS® number
X10423185

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, 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 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, and the fourplex + 1( non-compliant) unit can be financed at favourable residential interest rates. This is a rare opportunity, so don't miss out on this outstanding investment!

$17,738 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522
Listed by: ROYAL LEPAGE TEAM REALTY
Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.