14 hours on Market

1028 Gladstone Ave, Ottawa, Ontario K1Y 3G2

Townhouse
7
3
~2000-2500 sqft
$1,149,900
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Townhouse
7
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$517/sqft

Est. Mortgage$4,938/mo

Tax Amount (2024)$6,098/yr

Days On Market14 hours


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!


Property Details

Style3-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size1,860 SqFt(46.5 x 40)
Parking Spaces1
MLS ®NumberX12091397
Community NameHintonburg
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Basement: Full, Finished

Features

Lot size: 1,860 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Apr 18, 2025
ListedActive
$1,149,900
14 hours on market
history photo preview45
Listing by trreb®
Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage
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Population and Demographics

Overview

Total population 7025
Average household income $155,345

Age (%)

20 to 34
30%
35 to 49
23%
50 to 64
17%
65 and plus
15%
0 to 19
14%

Household composition (%)

Single person
50%
Single family
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
77%
French
10%
Others
3%
English and French
2%
Spanish
1%
Mandarin
1%
Arabic
1%
Italian
1%

House tenancy (%)

Renters
62%
Owners
38%

Schools and amenities

Estimated Budget