Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

567 Gladstone Avenue Ottawa, Ontario K1R 5P2

3 Bathroom 3,500 sqft
None Baseboard Heaters

$999,900

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:67947)

Property Details

MLS® Number X13614360
Property Type Retail
Neigbourhood 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)

https://www.realtor.ca/real-estate/30088566/567-gladstone-avenue-ottawa-4103-ottawa-centre

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Ray Smiley, RE/MAX Hallmark Realty Group

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