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For sale
  • C$1,149,900

    1028 Gladstone Ave, Ottawa, ON K1Y 3G2

    7beds
    3baths
    Triplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Brick triplexPrime lot
    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!
    8 days
    on Zillow
    |
    45
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 19, 2025 at 07:51am

    Listed by:

    ROYAL LEPAGE TEAM REALTY

    Source: TRREB,MLS®#: X12091397MLS LogoOriginating MLS®#: OREB
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Included: Instant Hot Water
    Features
    • Separate Hydro Meter
    • Basement: Full,Finished
    • Has fireplace: No
    Interior area
    • Living area range: 2000-2500 null
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    Features
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 1,860 Square Feet
    Details
    • Parcel number: 041000117

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick, Stucco (Plaster)
    • Foundation: Stone
    • Roof: Asphalt Shingle

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: Ottawa

    Financial & listing details

    • Annual tax amount: C$6,098
    • Date on market: 4/18/2025
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