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55 Glendale Avenue

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  • 4 Bedroom
  • 5 Bathroom
  • Forced Air

$1,649,000

**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 $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, 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! (id:50982)

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Details

Property Details
MLS® Number X10423185
Property Type Multi-family
Neigbourhood The Glebe
Community Name 4401 - Glebe
Amenities Near By Public Transit, Park
Community Features School Bus
Parking Space Total 3
Structure Deck
Building
Bathroom Total 5
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Water Meter
Basement Development Partially Finished
Basement Type Full (partially Finished)
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water
Parking
No Garage
Land
Acreage No
Land Amenities Public Transit, Park
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 33 Ft
Size Irregular 33.01 X 100 Ft ; 0
Size Total Text 33.01 X 100 Ft ; 0
Zoning Description R3p

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