527 Gladstone Avenue Ottawa, Ontario K1R 5N9


Calling all investors! Priced to Sell...!!! Cap rate of 6%. Great investment opportunity in great center town location! Tenanted commercial retail space with retail commercial approximately 500 Sqft, 1 x 3bdrm and 1 x 1bdrm apartments, Very strong income stream with a good mix of retail and multifamily. Shared lane way, parking for 3 vehicles. Some windows were replaced, wiring upgraded, newer furnace installed (2004). Steps away from Bank Street, area of growth and development. 5 min drive to Parliament Hill, University of Ottawa and Carlton University and Little Italy.10 min drive to "Lisgar Collegiate Institute" high school . 10 min walk to Chinatown. Numerous amenities nearby. Schedule B to accompany all offers (see attachments). No offers until Sunday April 4th @ 6:00 pm. Covid protocol in place, Please do not touch anything while inside and only 3 people allowed inside including the agent. Showings Between 11:00 am to 7:00 pm due to elderly living in the house. (id:37684)

Property Details

MLS® Number 1231868
Property Type Retail
Neigbourhood Centre Town
Parking Space Total 3


Constructed Date 1920


Acreage No
Size Depth 101 Ft ,6 In
Size Frontage 25 Ft
Size Irregular 25 Ft X 101.5 Ft
Size Total Text 25 Ft X 101.5 Ft
Zoning Description Tm14h(17)



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