556-562 Gladstone Avenue, Ottawa, Ontario, K1R5P3


  • Listing ID: 1310930
  • Price: $2,300,000
  • Address: 556-562 Gladstone Avenue, Ottawa, Ontario K1R5P3
  • Neighbourhood: Centre Town
  • Year Built: 1908
  • Stories: 2
  • Property Type: Multi-family
  • Heating: Natural Gas


GREAT LOW MAINTENANCE INVESTMENT OPPORTUNITY!!! Four townhomes in the middle of one of Ottawa’s most vibrant neighbourhoods. Close to transit, parks, cafes, nightlife and both Carleton and the University of Ottawa. Easy to rent and manage, as tenants pay all utilities. Each townhouse comes with 5 bedrooms, two full baths, main floor addition and finished basements. appliances include stove, refrigerator, washer and dryer for each unit. All mechanical systems are updated, the roof was re-done in 07/2020 and three of the kitchens have been recently redone. Three of the four units are leased for $2750 + all utilities, one at $3000+ all utilities. Tenants also maintain front and back yard spaces. With a net of over $114,000 and rents with significant upside possibility this well maintained, above average, turnkey operation is definitely one to avoid missing out on. (id:22130)

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