Mirna Botros

613-600-2626

498 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#: X12671812Listed: 8 days agoUpdated:8 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
Multi Family
Storeys
-
Neighborhood
4103 - Ottawa Centre
Land Size
0.047
Year Built
-
Annual Property Taxes
$5,603
Parking Type
-
Inside
Appliances
Window Coverings, Water Heater
Rooms
-
Bedrooms
4
Bathrooms
2
Fireplace
-
Fireplace Total
-
Basement
-
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
multi_family
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
0.047
Zoning
-
Zoning Description
TM14 H(17)
Parking
Features
-
Total Parking
4
Utilities
Cooling
None
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 498 Gladstone Avenue, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

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