Ottawa, ON K1Y3G2,1028 GLADSTONE AVENUE
Ottawa, ON K1Y3G2,1028 GLADSTONE AVENUE
Ottawa, ON K1Y3G2,1028 GLADSTONE AVENUE
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$1,099,900
Est. payment /mo
7 Beds
3 Baths
2,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $549

Subdivision 4203 - Hintonburg

MLS® Listing ID X12091397

Bedrooms 7

Source Ottawa Real Estate Board

Property 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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Virtual Tour https://listings.picpros.ca/vd/184665216


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Listed by ROYAL LEPAGE TEAM REALTY

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agent

Jeffrey Sefton

+1(778) 235-4501

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1028 GLADSTONE AVENUE