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  • 634 GLADSTONE AVENUE in Ottawa: Multi-family for sale : MLS®# X13216242

    634 GLADSTONE AVENUE Ottawa K1R 5P4
    Main Photo: 634 GLADSTONE AVENUE in Ottawa: Multi-family for sale : MLS®# X13216242

    634 GLADSTONE AVENUE Ottawa K1R 5P4

    $978,000
    Multi-family
    Status:
    Active
    MLS® Num:
    X13216242
    Bedrooms:
    5
    Bathrooms:
    5
    This exceptional parkside property offers a rare blend of urban character, immediate cash flow, and premium location. Operating as a fiveplex with a non-conforming fifth basement suite (property taxes from the city come for five units), the building features a highly rentable layout anchored by a large two bedroom unit with a spacious living area, and a mix of different sized one bedroom apartments. Location is an incredible selling point here, sitting directly in front of a vibrant park and community recreation centre, being one of the greenest areas in downtown environment, just a short walk to the best of Chinatown, Little Italy, and the Glebe. The investment delivers total peace of mind with approximately $64,020 in yearly rent income, fully occupied by respectful young professionals. This property has been meticulously maintained with high-value updates already completed, including a new roof and eavestroughs in November 2023, an updated main electrical panel in 2015, and a steady history of interior refreshes to the flooring, washrooms, and appliances. This is a turnkey addition to any portfolio, offering massive long term value and clear rental upside based on its irreplaceable setting and solid condition. (id:2493) More details
    Listed by ROYAL LEPAGE INTEGRITY REALTY
    LISTING DETAILS
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Data was last updated May 30, 2026 at 10:45 AM (UTC)
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