We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
634 GLADSTONE AVENUE, Ottawa
2026-05-30
Quick Summary
MLS®#X13216242
Property Description
This exceptional parkside property offers a rare blend of urban character, immediate cash flow, and premium location. Operating as a fiveplex with a non-conforming fifth basement suite (property taxes from the city come for five units), the building features a highly rentable layout anchored by a large two bedroom unit with a spacious living area, and a mix of different sized one bedroom apartments. Location is an incredible selling point here, sitting directly in front of a vibrant park and community recreation centre, being one of the greenest areas in downtown environment, just a short walk to the best of Chinatown, Little Italy, and the Glebe. The investment delivers total peace of mind with approximately $64,020 in yearly rent income, fully occupied by respectful young professionals. This property has been meticulously maintained with high-value updates already completed, including a new roof and eavestroughs in November 2023, an updated main electrical panel in 2015, and a steady history of interior refreshes to the flooring, washrooms, and appliances. This is a turnkey addition to any portfolio, offering massive long term value and clear rental upside based on its irreplaceable setting and solid condition. The lot comes with two parking spaces: one is designated for tenant use, and the other is a legal easement reserved for the neighboring property. (id:32467)
Property Features
Building
- Appliances: Stove, Refrigerator
- Basement Development: Finished
- Basement Type: N/A (Finished)
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: Other
- Stories: 2.5
- Utility Water: Municipal water
Land
- Land Size: 24 x 99.1 FT
- Sewer: Sanitary sewer
Zoning
- Description: TM14H(14.5)
Information entered by ROYAL LEPAGE INTEGRITY REALTY
Listing information last updated on: 2026-05-31 21:55:30
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$500,000
Your One Percent Realty Commission savings†
$500,000
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
- Phone:
- (613) 883-8098
- Mobile:
- (613) 883-8098
- Email:
- sheila.forwarddavis@gmail.com
- Support Area:
- Ottawa, Kanata, Manotick
Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileJay Terris Salesperson
- Phone:
- (613) 355-7295
- Email:
- jdterris@gmail.com
- Support Area:
- Stonebridge, Manotick, Westboro, Kanata, Greely, Nepean, Hunt Club South, Barrhaven, Riverside South, Stittsville, Richmond, Bells Corners, Findlay Creek, Leitrim, Country Place, Pineglen, Ottawa
I offer 1% CASH BACK REBATE* On Home Purchases My mission is to represent ...
Full ProfileSergiu Buhatel Broker
- Phone:
- (613) 724-8815
- Email:
- sergiu.buhatel@gmail.com
- Support Area:
- Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth
Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He h ...
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