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:4069)
Address
1028 GLADSTONE AVENUE
List Price
$1,149,900
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Ottawa
Bedrooms
7
Bathrooms
3
Floor Area
20,002,500 Sq. Ft.
Lot Size
40 x 46.5 FT Sq. Ft.
MLS® Number
X12091397
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement Area
Full (Finished)
Postal Code
K1Y3G2
Amenities
Separate Electricity Meters
