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

55 GLENDALE Ave, Ottawa, Ontario K1S 1W3

Townhouse
4
5
- sqft
$•••,•••
$1,599,000
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Townhouse
4
5
- sqft

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Highlights

Property Estimate

Days on market231 days

Estimated valueNot available

Price/Sqft-

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+4

Properties sold*

$777K

Median sold price*

*Based on last 30 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, with a mix of Tile, Hardwood and Laminate. Located at the vibrant northeast corner of Percy and Glendale, this highly sought-after area is currently generating over $107,000 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, with this fourplex + 1( non-compliant). This building 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 Size1,006 SqFt(100 x 10.06)
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: 1,006 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Nov 13, 2024
ListedActive
$1,599,000
231 days on market
history photo preview30
Listing by trreb®

Market Data - Glebe - Dows Lake

Geo Zone Map ThumbnailGlebe - Dows Lake

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

15 days

2023

7 days

2022

28 days

New Listings

Past 30 days

3 listings

Compared to

2024

4 listings

2023

3 listings

2022

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$1,132,500

Compared to

2024

$776,500

2023

$719,000

2022

$825,000


Population and Demographics

Overview

Total population 7620
Average household income $208,145

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget