498 GLADSTONE AVENUE
Ottawa, Ontario, K1R5N8
For Sale | $819,900 | 4 beds | 2 baths
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $819,900
- Bedrooms: 4
- Bathrooms: 2
- Lot size: 0.047
- Parking: 4
- Listing key: 29224352
Listing overview
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 us...
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