55 GLENDALE Ave

Glebe - Ottawa East and Area | 4401 - Glebe | K1S 1W3
  • 4
  • 5
  • 0

Ask: $1,750,000 $1,649,000

Est. Mtg $5,591 /mo
  • Days on market

    289

  • Status

    Pc

Listing Broker ROYAL LEPAGE TEAM REALTY
Since listed: 1 views

Home details

MLS #:

X10423185

Property type:
Fourplex
Style:
2-Storey
Taxes:
$12,620
Possession:
TBA
Lot Front:
33.01   Feet
Lot Depth:
100.0   Feet
Basement:
Full | Part Fin
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


55 GLENDALE Ave, , Glebe - Ottawa East and Area, Ontario is a Fourplex property in Glebe - Ottawa East and Area and in the 4401 - Glebe community in the K1S 1W3 postal code


**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!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 2025-02 $1,750,000 $1,649,000 Pc X10423185

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Glebe - Ottawa East and Area :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 55 GLENDALE Ave

Based on available 3rd party data

$6778

Approximate costs per month

Mortgage
$5591 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1051 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Park
  • Public Transit
  • School Bus Route
Listing Broker ROYAL LEPAGE TEAM REALTY
Data Source: TRREB

Payment calculator

$6643 monthly. In association with: TD Bank
%
  • Principal and Interest
    5591 /mo
  • Property Taxes
    $1051 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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