A pic from exterior of the house or condo, the front or back of building for 55 GLENDALE Ave, Ottawa Ontario K1S 1W3
40 days on Market

55 GLENDALE Ave, Ottawa, Ontario K1S 1W3

Townhouse
-
-
- sqft
$1,750,000
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Townhouse
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-
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,516/mo

Tax Amount (2024)$12,620/yr

Days On Market40 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. 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!


Property Details

Style4 Plex
View-
Age of property1950
SqFt-
Lot Size306 SqM(30.48 x 10.06)
Parking Spaces4
MLS ®Number1420214
Community NameGlebe - Dows Lake
Data SourceOREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Basement: Common,Full, Partly Finished

Features

Lot size: 306 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 4


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