DAVID OIKLE

BROKER

1028 GLADSTONE AVENUE
Ottawa, Ontario K1Y3G2

$1,149,900

ID# X12091397
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! (id:25961)

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General Inquiry
Courtesy of ROYAL LEPAGE TEAM REALTY

Listed on: April 18, 2025

On market: 1 days
Bathroom Total 3
Bedrooms Total 7
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 3

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Address Price Bed Bath SqFt Area Sub Area Brokerage
2301 - 234 RIDEAU STREET S Ottawa
2301 - 234 RIDEAU STREET S
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1 - 146 BAYSWATER AVENUE Ottawa
1 - 146 BAYSWATER AVENUE
 $3,100 2 1 50 x 90 FT Ottawa PAUL RUSHFORTH REAL ESTATE INC.
310 KANASHTAGE TERRACE Ottawa
310 KANASHTAGE TERRACE
 $699,000 3 3 20 x 105 FT Ottawa ROYAL LEPAGE TEAM REALTY
1390 MAYVIEW AVENUE Ottawa
1390 MAYVIEW AVENUE
 $869,000 - 3 Bldg=55 x 100 FT Ottawa RE/MAX HALLMARK REALTY GROUP
440 APPALACHIAN CIRCLE Ottawa
440 APPALACHIAN CIRCLE
 $1,050,000 4 5 44.3 x 81.6 FT Ottawa EXP REALTY
848 SNOWDROP CRESCENT Ottawa
848 SNOWDROP CRESCENT
 $1,020,000 4 4 38 x 98.3 FT ; 0 Ottawa POWER MARKETING REAL ESTATE INC.
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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