For Sale - 498 Gladstone Avenue, Ottawa Centre, Ontario

Est payment $3,937/mo
Views   2
Time on Jump  75 day
  • Fully vacant duplex on a high-visibility corner in downtown Ottawa.
  • Two 2-bed units with four on-site parking spaces for convenience.
  • Traditional Mainstreet zoning allows for diverse residential and mixed-use options.
  • Walkable neighborhood with high Walk Scores and nearby amenities.
  • Excellent access to public transportation and major employment centers.



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.
Listing IDX13538414
Address498 Gladstone Avenue
CityOttawa Centre, Ontario
Price$819,900
Bed / Bath4 / 2 Full
StyleInvestment
Land Size0.047
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air OpenHeating Fuel Gas
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Listing Agency:  ROYAL LEPAGE TEAM REALTY

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498 Gladstone Avenue
Ottawa Centre , Ontario
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