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1028 Gladstone Avenue Ottawa, Ontario K1Y 3G2

7 Bedroom 3 Bathroom 2000 - 2500 sqft
Forced Air

$1,149,900

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! (id:6673)

Property Details

MLS® Number X12091397
Property Type Multi-family
Community Name 4203 - Hintonburg
ParkingSpaceTotal 1

Building

BathroomTotal 3
BedroomsAboveGround 7
BedroomsTotal 7
Amenities Separate Electricity Meters
Appliances Water Heater - Tankless, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType Full (finished)
ExteriorFinish Brick, Stucco
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2000 - 2500 Sqft
Type Triplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 46 Ft ,6 In
SizeFrontage 40 Ft
SizeIrregular 40 X 46.5 Ft
SizeTotalText 40 X 46.5 Ft

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/28187509/1028-gladstone-avenue-ottawa-4203-hintonburg

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Patrick Cicvak
Salesperson


Royal LePage Team Realty
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8