55 GLENDALE Avenue, Glebe - Ottawa East and Area | Image 1

55 GLENDALE Avenue

Glebe - Ottawa East and Area, 4401 - Glebe

  • 4 bed 5 bath
$1,649,000 est.*: $5,586/mo
For Sale

Added 4 months ago

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  • Type: Fourplex

  • Style: 2-Storey

  • Lot Size: 33.01 x 100 Feet

  • Age: 51-99 years

  • Taxes: $12,620 per year

  • Days on Site: 105 Days

  • Added: Nov 13, 2024 (4 months ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • MLS®#: X10423185

  • Listed By: Royal lepage team realty

**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!

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Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Age: 51-99

  • Area: Glebe - Ottawa East and Area

  • Community: 4401 - Glebe

  • Availability Date: TBA

Inside

  • Bedrooms: 4

  • Bathrooms: 5

  • Kitchens: 5

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 5

Utilities

  • Electricity: Yes

  • Gas: Yes

Building

  • Basement: Full

  • Basement 2: Part Fin

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Front Yard

  • Garage Type: None

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 17, PL 92408 ; OTTAWA/NEPEAN

  • Taxes: $12,620

Highlights

  • Feature: Park

  • Feature: Public Transit

  • Feature: School Bus Route

Land

  • Cross Street: Percy Street and Gle

  • Municipality District: Glebe - Ottawa East and Area

  • Fronting On: South

  • Parcel Number: 041340001

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 100 Feet

  • Lot Frontage: 33.01 Feet

  • Zoning: R3P

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Walker's Paradise

  • Daily errands do not require a car.
92 /100

Good Transit

  • Some errands can be accomplished by public transportation.
64 /100

Very Bikeable

  • Most errands can be accomplished on bike.
89 /100
JK-6

Cambridge Street Community Public School

Elementary: Public
0.67 km
JK-6

St Anthony Elementary School

Elementary: Catholic
0.83 km
JK-8

Centennial Public School

Elementary: Public
1.21 km
JK-6

Corpus Christi Catholic Elementary School

Elementary: Catholic
0.70 km
7-8

Glashan Public School

Elementary: Public
0.61 km
JK-6

Mutchmor Public School

Elementary: Public
0.76 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
1.43 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
0.61 km
9-12

Immaculata High School

Secondary: Catholic
1.48 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
1.88 km
9-12

Adult High School

Secondary: Public
0.99 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
0.40 km
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