A pic from exterior of the house or condo, the front or back of building for 55 GLENDALE Ave, Glebe - Ottawa East and Area Ontario K1S 1W3
101 days on Market

55 GLENDALE Ave, Glebe - Ottawa East and Area, Ontario K1S 1W3

Townhouse
4
1
- sqft
$1,699,000
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Townhouse
4
1
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,296/mo

Tax Amount (2024)$12,620/yr

Days On Market101 days


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!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt-
Lot Size3,301 SqFt(100 x 33.01)
Parking Spaces3
MLS ®NumberX10423185
Community NameGlebe - Dows Lake
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Basement: Full, Part Fin

Features

Lot size: 3,301 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Nov 13, 2024
ListedActive
$1,699,000
101 days on market
history photo preview30
Listing by trreb®
Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage

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Population and Demographics

Overview

Total population 7620
Average household income $208,145

Age (%)

20 to 34
25%
65 and plus
20%
50 to 64
19%
35 to 49
18%
0 to 19
18%

Household composition (%)

Single family
55%
Single person
37%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
81%
French
8%
Others
5%
English and French
2%
Spanish
2%

House tenancy (%)

Owners
50%
Renters
50%

Schools and amenities

Estimated Budget