For Sale Retail

567 Gladstone Avenue

$999,900 Est. $4,427/mo ↓

Ottawa, Ontario K1R 5P2

3 Bathrooms
3,500 sqft Interior
4 Parking spaces
Bldg=21.29 X 148.52 Ft ; L Shaped Lot Lot size
2 days ago Listed
None Baseboard Heaters

About this home

Excellent mixed-use investment opportunity in a prime central location! This well-maintained building features a main-level retail/commercial/office space with good storage in the basement plus two separate residential apartments on the upper levels, creating an attractive income-producing property with multiple potential uses. The second-floor apartment offers 1 bedroom with parking included while the third-floor apartment offers an additional residential unit generating steady rental income. Tenants currently pay their own utilities with the exception of water, helping reduce operating costs. The main-level office space provides excellent exposure and flexibility for a variety of business uses or future leasing opportunities. A detached garage and parking for 4 vehicles included behind the building. Ideal opportunity for investors seeking cash flow and future rental upside, or owner-occupiers looking to operate a business while benefiting from additional income from the residential units above. Conveniently located close to downtown, transit, shopping, restaurants, and major amenities. Rare opportunity to own a versatile mixed-use property in a sought-after urban location with strong long-term potential. (id:28469)

Facts & features

Property

MLS® Number
X13614360
Property Type
Retail
Neighbourhood
Chinatown
Community Name
4103 - Ottawa Centre
Amenities Near By
Public Transit, Recreation
Features
Irregular Lot Size
Parking Space Total
4

Building

Bathroom Total
3
Cooling Type
None
Heating Type
Baseboard Heaters
Size Exterior
3500 Sqft
Size Interior
3,500 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Land Amenities
Public Transit, Recreation
Size Depth
148 Ft ,6 In
Size Frontage
21 Ft ,3 In
Size Irregular
Bldg=21.29 X 148.52 Ft ; L Shaped Lot
Size Total Text
Bldg=21.29 X 148.52 Ft ; L Shaped Lot
Zoning Description
Tm14h(17)

The Ottawa Centre market

92 Active listings
$499,450 Median asking price
100% above median This home
36 days Avg. time on market
Browse all Ottawa Centre listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$4,427/mo
Ontario land transfer tax
$16,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

What's nearby

Location

567 Gladstone Avenue, Ottawa, Ontario K1R 5P2  ·  Get directions

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