LOADING

55 Glendale Avenue Ottawa, Ontario K1S 1W3

None Forced Air

$1,950,000

Rare investment opportunity in the GLEBE. This large solid building was purpose-built fourplex includes: two 2-bedroom units, two 4-bedroom units, and an additional 1-bedroom unit. Located at the Northeast corner of Percy and Glendale, this ideal, high appreciating area is producing over $100,000 in revenue, with great potential to increase revenues! Includes open parking for 4 cars! The apartments are all generous in size making them easy to rent. Excellent location in Centertown steps from shopping, restaurants, quick walk to Parliament Hill/Downtown, a 25 minute walk to the O-TRAIN, nearby parks include, Central Park, Glebe Memorial Park, McNabb Park and all amenities close at hand, urban living at its best. Fire retrofit (2020) This fourplex +1 unit building can be financed with residential interest rates. (id:25309)

Property Details

MLS® Number 1293908
Property Type Multi-family
Neigbourhood Glebe
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 4

Building

Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1950
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Flooring Type Hardwood, Laminate, Tile
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Surfaced
See Remarks

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 33 Ft
Size Irregular 33.01 Ft X 100 Ft
Size Total Text 33.01 Ft X 100 Ft
Zoning Description Residential

Utilities

Fully serviced Available

https://www.realtor.ca/real-estate/24451806/55-glendale-avenue-ottawa-glebe