$978,000
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634 Gladstone Avenue, Ottawa, ON K1R5P4

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5 Beds
5 Baths
- Sq Ft

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:58753)

Listing By: David Wen - ROYAL LEPAGE INTEGRITY REALTY
Source: CREA #X13216242 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13216242
  • Date Listed05/29/2026
  • Days on Realty 125 Days
  • Bedrooms 5
  • Bathrooms 5 baths
  • Lot Size -
  • Sewer Other
  • Property Type Other
  • Water Public

Interior Features

  • Appliances Refrigerator, Stove
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Gladstone Avenue east of Bronson Avenue.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1R5P4

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1R5P4

Source: Walk Score

97/100

Walker's Paradise

Walk Score ®

73/100

Excellent Transit

Transit Score ®

88/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

25 nearby routes: 24 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 84/100.

Points of Interest near 634 GLADSTONE AVENUE, Ottawa, ON K1R5P4

Frequently Asked Questions for 634 GLADSTONE AVENUE

Source: Realty.com

634 GLADSTONE AVENUE, Ottawa, ON K1R5P4 in Ottawa, ON K1R5P4 is a other listed at $978,000. Highlights include 5 bedrooms, 5 bathrooms. Realty.ca has 42 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 42 photos of 634 GLADSTONE AVENUE.

The full address for this home is 634 GLADSTONE AVENUE, Ottawa, ON K1R5P4.

634 GLADSTONE AVENUE has been listed on Realty.com since Fri May 29, 2026

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 84/100.

Listing provided courtesy of: ROYAL LEPAGE INTEGRITY REALTY
Listing agent: David Wen

This content last refreshed on 2026-10-01 03:19:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.