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498 Gladstone Avenue in Ottawa for sale

Asking price
$819,900
Estimate (Jul 08)
$797,589
MLS #:
X13538516
Type:
Duplex, 2-Storey
Approx. SQFT:
1500-2000
Basement:
Unfinished
4 4
33 x 62 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city's most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City's long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you're looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa's urban core.

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  • Date Listed: Wednesday, July 08, 2026
  • Listing Brokerage: Royal Lepage Team Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Team Realty and should be verified by the buyer.
  • City: Ottawa

    More 4 bedrooms homes for sale in Ottawa

  • Neighbourhood: Ottawa Centre
  • Major Intersection: Lyon Street
  • Full Address: 498 Gladstone Avenue, Ottawa, K1R 5N8, Canada, ON, Canada
  • Living Room:
  • Kitchen: Eat-In Kitchen
  • Living Room:
  • Kitchen: Eat-In Kitchen
  • Amenities:
  • Taxes: $5,603.03 (2025)
Living16 x 11 ft176 sq ft
Kitchen14 x 11 ft154 sq ft
Br19 x 11 ft209 sq ft
Br11 x 11 ft121 sq ft
Living10 x 10 ft100 sq ft
Kitchen10 x 9 ft90 sq ft
2nd Br10 x 9 ft90 sq ft
Br10 x 9 ft90 sq ft

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WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.