Address
567 Gladstone Avenue, Ottawa, ON
Price
$ 999,900

Your Agent

Lynn Trevor

Sales Representative

613-850-0531


Listing provided by Lynn Trevor, Sales Representative, REMAX Hallmark Realty Group

Property Attributes
  • ID#X13614360
  • TypeCommercial
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Area4103 - Ottawa Centre
  • Neighbourhood4103 - Ottawa Centre
  • Postal CodeK1R 5P2
  • Style
  • Price$ 999,900
  • Bedrooms0
  • Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3500
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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:7434)

General Features

Features Irregular lot size
Property Type Retail
Zoning Description TM14H(17)
CommunityName 4103 - Ottawa Centre
Amenities Public Transit, Recreation
Building Cooling Type None
Location Description Cross Streets: Gladstone & Percy. ** Directions: Bronson to East on Gladstone OR Bank street to west on Gladstone.
Parking Space Total 4

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters
Living Area Range 3500

Exterior Features

Land Amenities Public Transit, Recreation

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in K1R 5P2

Price
AVG $330K
$1,000K

Your Agent

Lynn Trevor

Sales Representative

613-850-0531


Listing provided by Lynn Trevor, Sales Representative, REMAX Hallmark Realty Group

Listed By
RE/MAX HALLMARK REALTY GROUP