1028 GLADSTONE AVENUE, Ottawa, ON K1Y3G2 – X12091397

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Katie Van Nes

Most Referred Expert - Exp Realty

katie@mostreferred.expert +1(604) 855-8228

$ 1,099,900

Est. payment | -/mo

7 Beds

3 Baths

2,000 SqFt

Save Virtual Tour

$ 1,099,900

Est. payment | -/mo

Save Virtual Tour

7 Beds

3 Baths

2,000 SqFt

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

Listed by ROYAL LEPAGE TEAM REALTY

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

1028 GLADSTONE AVENUE Ottawa, ON K1Y3G2