55 GLENDALE Avenue
Ottawa
K1S 1W3
$1,599,000
Residential Freehold
beds: 4
baths: 5.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X10423185
- Bedrooms:
- 4
- Bathrooms:
- 5
- Photos (30)
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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 Portion Lease:
- Unknown
- Property Type:
- Residential Freehold
- Property Sub Type:
- Fourplex
- Home Style:
- 2-Storey
- Approx. Age:
- 51-99
- Depth:
- 100'
- Frontage:
- 33'⅛"
- Direction Faces:
- South
- Bedrooms:
- 4
- Bathrooms:
- 5.0
- Water supply:
- Municipal
- Kitchens:
- 5
- Kitchens in Basement:
- 0
- Bedrooms Above Grade:
- 4
- Kitchens Above Grade:
- 5
- Rooms Above Grade:
- 0
- Rooms Below Grade:
- 0
- Zoning:
- R3P
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Storey:
- 2
- Foundation:
- Unknown
- Roof:
- Unknown
- Basement:
- Full, Partially Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Private, Front Yard Parking
- Parking Spaces:
- 3
- Total Parking Spaces:
- 3.0
- Family Room:
- No
- Possession Details:
- TBA
- Lot Irregularities:
- 0
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $12,620 / 2024
- Assessment:
- $- / -
- Glebe - Ottawa East and Area
- 4401 - Glebe
- Ottawa
- Public Transit, Park, School Bus Route
- None
- Deck
- Unknown
- Hot Water Tank
- Tenants Belongings
- Water Heater
- Brick
- No
- No
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Green Property Information Statement:
- No
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Level:
- Lower Level
- Gross income:
- $96,659
- Net Income Before Debt:
- $77,909
- Heating Expenses:
- $3,430
- Hydro Expenses:
- $1,971
- Insurance Expenses:
- $3,200
- Management Expenses:
- $0
- Operating Expenses:
- $24,150
- Other Expenses:
- $0
- Water Expenses:
- $2,929
- Maintenace Expenses:
- $0
- Vacancy Allowance:
- 0
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365 Percy
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345 Percy
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55 Glendale Unit 1
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated July 8, 2025 at 05:15 PM (UTC)
- ALI BOLOURCHI
- EXP REALTY BROKERAGE
- 1 (416) 8862000
- Contact by Email
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