1028 Gladstone AVE new Save Request In-Person Tour Request Virtual Tour
West Centre Town,ON K1Y 3G2
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4203 - Hintonburg
MLS Listing ID X12091397
Style 3-Storey
Bedrooms 7
Annual Tax Amount $6,098
Tax Year 2024
Property Sub-Type Triplex
Property Description
Don't miss out on this fantastic opportunity! Explore this very large recently renovated, ready-to-go brick Triplex in vibrant Hintonburg. Comprised of 2 extremely spacious VACANT 3-bedroom units ($2,500 & $2400 conservative projected rents) & 1 convenient tenanted 1-bedroom unit(currently rented to great tenant at $1,100). Situated on a prime lot with exceptional long term development potential. This versatile Triplex offers multiple options for savvy investors. You can choose to live in one of the units & rent out the others, creating an ideal living & income arrangement. Alternatively, maintain it as a reliable long-term investment, securing your future retirement plan. **2025 ALL NEW: 2 kitchens, flooring, lighting, electrical throughout(documents available) plus, 4 separate, newly installed hydro meters so each unit plus common utilities can be separated and reduce expenses to the owner - significant savings! Excellent ROI - 5.2% cap rate(contact for full financials) with major items already taken care of and modernized. Located in one of the most sought-after areas in town, with easy access to the desirable Wellington shops & the Civic Hospital. Well maintained & cared for by the current owner. ~10 year old roof, 6 year old furnace. 1 parking space included. Don't let this opportunity slip away, call Patrick today for more!
Location
Province ON
County Ottawa
Community 4203 - Hintonburg
Area Ottawa
Rooms
Family Room Yes
Basement Full,Finished
Kitchen 3
Interior
Interior Features Separate Hydro Meter,On Demand Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 46.5
Total Parking Spaces 1
Building
Foundation Stone