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$1,599,000
Available - For Sale
Listing ID: X10423185
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!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $740,000 $1,480,000 $2,220,000 $2,960,000
First Mortgage $14,060,000 $13,320,000 $12,580,000 $11,840,000
CMHC/GE $386,650 $266,400 $220,150 $0
Total Financing $14,446,650 $13,586,400 $12,800,150 $11,840,000
Monthly P&I $61,873.88 $58,189.5 $54,822.05 $50,709.8
Expenses $0 $0 $0 $0
Total Payment $61,873.88 $58,189.5 $54,822.05 $50,709.8
Income Required $2,320,270.57 $2,182,106.17 $2,055,826.88 $1,901,617.58

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

55 GLENDALE Aven , Glebe - Ottawa East and Area, K1S 1W3, Ottawa

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4401 - Glebe
Style: 2-Storey
Lot Size: 10.06 x 100.00(Feet)
Approximate Age: 51-99
Tax: $12,620
Maintenance Fee: $0
Beds: 4
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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