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Renanza Realty
For sale

567 GLADSTONE AVENUE

Ottawa, Ontario

MLS® X13614360

$999,900

Status
Active
Property type
Retail
MLS® number
X13614360
Bedrooms
—
Bathrooms
3
Year built
—

Listing 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.

Property summary

MLS® number
X13614360
Property type
Retail
Size
3,500 sq ft
Land size
Bldg=21.29 x 148.52 FT ; L shaped lot
Annual property taxes
$7,471.00
Parking
4 spaces
Days on market
63 days

Features & details

Heating
Baseboard heaters
Cooling
None
Lot features
Irregular lot size

What would this home cost you?

Based on the $999,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,652 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX HALLMARK REALTY GROUP, OTTAWA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.