We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Ottawa - Gatineau Ottawa Hintonburg - Mechanicsville
1028 GLADSTONE AVENUE
Directions Print
1028 GLADSTONE AVENUE $1,149,900
$1,149,900
Hide
Favourite

1028 GLADSTONE AVENUE
Ottawa, Ontario K1Y3G2

MLS® Number: X12091397
7
Bedrooms
3
Bathrooms
2000 - 2500
Square Feet

Listing Description

Don't miss out on this fantastic opportunity! Explore this very large recently renovated, ready-to-go brick Triplex in vibrant Hintonburg. Comprised of 2 extremely spacious VACANT 3-bedroom units ($2,500 & $2400 conservative projected rents) & 1 convenient tenanted 1-bedroom unit(currently rented to great tenant at $1,100). Situated on a prime lot with exceptional long term development potential. This versatile Triplex offers multiple options for savvy investors. You can choose to live in one of the units & rent out the others, creating an ideal living & income arrangement. Alternatively, maintain it as a reliable long-term investment, securing your future retirement plan. **2025 ALL NEW: 2 kitchens, flooring, lighting, electrical throughout(documents available) plus, 4 separate, newly installed hydro meters so each unit plus common utilities can be separated and reduce expenses to the owner - significant savings! Excellent ROI - 5.2% cap rate(contact for full financials) with major items already taken care of and modernized. Located in one of the most sought-after areas in town, with easy access to the desirable Wellington shops & the Civic Hospital. Well maintained & cared for by the current owner. ~10 year old roof, 6 year old furnace. 1 parking space included. Don't let this opportunity slip away, call Patrick today for more! (40278906)

Location Description

Spadina

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
3
Square Footage
2000 - 2500 sqft
Community Name
4203 - Hintonburg
Land Size
40 x 46.5 FT
Annual Property Taxes
$6,098
Parking Type
No Garage
Time on REALTOR.ca
9 days

Building

Bedrooms
Above Grade
7
Bathrooms
Total
3
Interior Features
Appliances Included
Water Heater - Tankless, Dryer, Stove, Washer, Refrigerator
Basement Type
Full (Finished)
Building Features
Foundation Type
Stone
Building Amenities
Separate Electricity Meters
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco
Parking
Parking Type
No Garage
Total Parking Spaces
1

Measurements

Square Footage
2000 - 2500 sqft

Land

Lot Features
Frontage
40 ft
Land Depth
46 ft ,6 in
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

Similar Listings

PATRICK CICVAK