Home › Multi-family › Centretown

498 Gladstone Avenue

Ottawa, Ontario K1R5N8
Multi-family Centretown For sale
$819,900
For sale
Est. mortgage (20% down, 4%, 25 yrs)
Calculating… View details
Home › Multi-family › Centretown

498 Gladstone Avenue

Ottawa, Ontario K1R5N8
Multi-family Centretown For sale
$819,900
For sale
Est. mortgage (20% down, 4%, 25 yrs)
Calculating… View details
Léo Trudel REALTOR®

Léo Trudel

Sales Representative

Direct: 613-808-6549
Office: 613-744-5000

Brokerage:
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

Powered by:

This field is for validation purposes and should be left unchanged.
$819,900
Property overview
🏠 Building Type
Duplex
📍 Property Type
Multi-family
🛏️ Bedrooms
4
🛁 Bathrooms
2
📅 Year Built
🏙️ Neighbourhood
4103 - Ottawa Centre
📋 Status
For sale
⭐ Highlights
4103 - Ottawa Centre Duplex For sale
Listing description

Discover this Multi-family

498 Gladstone Avenue, Ottawa
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:64373)
📅
Upcoming viewings
45.4102895
-75.6975938
498 Gladstone Avenue, Ottawa, Ontario, K1R5N8
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Property Address
498 Gladstone Avenue, Ottawa, Ontario K1R5N8
Community
4103 - Ottawa Centre
Neighbourhood
See on Google Maps
Location is approximate. Please confirm exact details with your HomeFind.ca REALTOR®.
Listing Details
Last updated: 2026-07-15
Key facts
Price
$819,900
Property type
Multi-family
Bedrooms
4
Bathrooms
2
Stories
2
Interior size
1500 - 2000 sqft
Year built / Age
100+ years
Parking options
No Garage
Total spaces
4
Interior & features
Cooling
None
Heating
Forced air
Heating fuel
Natural gas
Basement
N/A (Unfinished)
Appliances
Water Heater, Two stoves, Window Coverings, Two Refrigerators
Fireplace
False
Exterior finish
Brick
Lot, amenities & extras
Lot size
33 x 62 FT|under 1/2 acre
Community features
Community Centre
Nearby amenities
Park, Public Transit, Schools
Water
Municipal water
Sewer
Sanitary sewer

Rooms

Level Type Dimensions
Second Level Bedroom 5.74 m x 3.5 m
Second Level Bedroom 3.42 m x 3.3 m
Second Level Living Room 3.14 m x 2.92 m
Second Level Kitchen 3.12 m x 2.89 m
Second Level Bathroom Measurements not available
Second Level Bedroom 2 2.99 m x 2.89 m
Second Level Bedroom 2.97 m x 2.87 m
Main Level Living Room 4.9 m x 3.4 m
Main Level Kitchen 4.2 m x 3.4 m
Main Level Bathroom Measurements not available

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Léo Trudel REALTOR®

Léo Trudel

Sales Representative

Direct: 613-808-6549
Office: 613-744-5000

Brokerage:
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

Powered by:

This field is for validation purposes and should be left unchanged.
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

Powered by:

Comparables

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4103 - Ottawa Centre
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