Ottawa, ON K1Y3G2 1028 GLADSTONE AVENUE

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Presented By: ROYAL LEPAGE TEAM REALTY
  • MLS# X12091397
  • 04/18/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 3
  • SQFT • 2,000

Home Details

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:7434)
Presented By: ROYAL LEPAGE TEAM REALTY

Interior Features for 1028 GLADSTONE AVENUE

Other Interior Features

Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air

General for 1028 GLADSTONE AVENUE

Building AmenitiesSeparate Electricity Meters
Building AppliancesWater Heater - Tankless, Dryer, Stove, Washer, Refrigerator
Building TypeTriplex
Building.StoriesTotal3
CommunityName4203 - Hintonburg
Foundation TypeStone
Location DescriptionSpadina
Parking Space Total1
Property TypeMulti-family

Exterior for 1028 GLADSTONE AVENUE

Exterior FinishBrick, Stucco
SewerSanitary sewer

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $1,149,900
MLS#X12091397
List Date 04/18/2025
Property Type Multi-Family
Phone 403.608.2191
Request Tour
Request Info
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