Mirna Botros
613-600-2626498 Gladstone Avenue - $819,900
498 Gladstone Avenue - $819,900
498 Gladstone Avenue
$819,900
4103 - Ottawa Centre
Ottawa, OntarioK1R5N8
4 beds
2 baths
4 parking
MLS#: X12663758Listed: 10 days agoUpdated:10 days ago
Description
Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city's most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City's long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you're looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa's urban core. (id:58075)Details
Details for 498 Gladstone Avenue, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Duplex
- Storeys
- 2
- Neighborhood
- 4103 - Ottawa Centre
- Land Size
- 33 x 62 FT
- Year Built
- -
- Annual Property Taxes
- $5,603
- Parking Type
- No Garage
Inside
- Appliances
- Two stoves, Window Coverings, Water Heater, Two Refrigerators
- Rooms
- 10
- Bedrooms
- 4
- Bathrooms
- 2
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Unfinished, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Lyon Street. ** Directions: Kent Street to Gladstone Avenue. Property will be on the corner of Gladstone & Lyon.
- Type of Dwelling
- duplex
- Roof
- -
- Exterior
- Brick
- Foundation
- Stone, Block
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 33 x 62 FT
- Zoning
- -
- Zoning Description
- TM14 H(17)
Parking
- Features
- No Garage
- Total Parking
- 4
Utilities
- Cooling
- None
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- Community Centre
- Lot Features
- -
- Security
- Smoke Detectors
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 498 Gladstone Avenue, Ottawa, OntarioMap
Mirna Botros RealtorCopyright 2026