55 Glendale Avenue, Ottawa
- Added: 9 days ago
- Updated: 8 days ago
- Last Checked: 16 hours ago
**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:1945)
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Property DetailsKey information about 55 Glendale Avenue
- Cooling: None
- Heating: Forced air, Electric
- Stories: 2
- Year Built: 1950
- Structure Type: Fourplex
- Exterior Features: Brick
- Building Type: Fourplex
- Units: 2-Bedroom Units: 2, 4-Bedroom Units: 2, 1-Bedroom Unit: 1
- Total Revenue: $100,000
Interior FeaturesDiscover the interior design and amenities
- Basement: Partially finished, Full
- Flooring: Tile, Hardwood, Laminate
- Apartment Size: Spacious
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 55 Glendale Avenue
- Water Source: Municipal water
- Parking Total: 4
- Parking Features: See Remarks, Surfaced
- Lot Size Dimensions: 33.01 ft X 100 ft
- Parking: Open parking for four cars
Location & CommunityUnderstand the neighborhood and community
- Address: Northeast corner of Percy and Glendale
- Nearby Amenities: Shopping, Dining, Parks (Central Park, Glebe Memorial Park, McNabb Park), O-TRAIN (25 minutes away), Parliament Hill, Downtown
Business & Leasing InformationCheck business and leasing options available at 55 Glendale Avenue
- Current Use: Development residential
- Existing Lease Type: Gross
- Rental Potential: Easy to rent large apartments
- Financing: Favourable residential interest rates for fourplex + 1 non-compliant unit
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
- Utilities: Fully serviced
- Fire Retrofit: Recent fire retrofit in 2020
Tax & Legal InformationGet tax and legal details applicable to 55 Glendale Avenue
- Tax Year: 2024
- Parcel Number: 041340001
- Tax Annual Amount: 12620
- Zoning Description: Residential
Additional FeaturesExplore extra features and benefits
- Number Of Units Total: 5
- Investment Opportunity: Exceptional investment opportunity in a highly sought-after area
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