498 Gladstone Avenue

4103 - Ottawa Centre, Ottawa Centre, K1R 5N8

$819,900

Photo 1 of 33Photo 2 of 33Photo 3 of 33Photo 4 of 33Photo 5 of 33Photo 6 of 33Photo 7 of 33Photo 8 of 33Photo 9 of 33Photo 10 of 33Photo 11 of 33Photo 12 of 33Photo 13 of 33Photo 14 of 33Photo 15 of 33Photo 16 of 33Photo 17 of 33Photo 18 of 33Photo 19 of 33Photo 20 of 33Photo 21 of 33Photo 22 of 33Photo 23 of 33Photo 24 of 33Photo 25 of 33Photo 26 of 33Photo 27 of 33Photo 28 of 33Photo 29 of 33Photo 30 of 33Photo 31 of 33Photo 32 of 33Photo 33 of 33
  • 4 bedrooms
  • 2 bathrooms
  • 4 parking
  • 1500-2000 sq ft

Listed 104 days ago · MLS® X13538516

About this home

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.

Details

Type
Duplex
Style
2-Storey
Age
100+ years
Size
1500-2000 sq ft
Lot
33 × 62 ft
Basement
Unfinished
Garage
None
Kitchens
2
Property tax
$5,603 (2025)
Neighbourhood
4103 - Ottawa Centre
Municipality
Ottawa Centre

Interior

Bedrooms
4 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second)
Rooms
10 above ground
Family room or den
No
Fireplace
No
Features
Storage

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Rolled
Foundation
Block, Stone
Age
100+
Faces
South
Outdoor
Porch

Parking

Total parking
4
Driveway and parking
Private Double, Private

Lot

Size
33 × 62 ft (rectangular)
Acreage
< .50

More

Possession
TBD
Nearby
Library, Park, Public Transit, Rec./Commun.Centre, School, Arts Centre
Cross street
Lyon Street

Rooms

RoomLevelSizeFeatures
Living RoomMain4.9 × 3.4 m (16'1" × 11'2")
KitchenMain4.2 × 3.4 m (13'9" × 11'2")Eat-in Kitchen
BathroomMain
BedroomSecond5.74 × 3.5 m (18'10" × 11'6")
BedroomSecond3.42 × 3.3 m (11'3" × 10'10")
Living RoomSecond3.14 × 2.92 m (10'4" × 9'7")
KitchenSecond3.12 × 2.89 m (10'3" × 9'6")Eat-in Kitchen
BathroomSecond
Bedroom 2Second2.99 × 2.89 m (9'10" × 9'6")
BedroomSecond2.97 × 2.87 m (9'9" × 9'5")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Lyon LRT17 min walk
  • 🚇 Parliament LRT1.2 km

Within a 10-minute walk: 8 grocery stores, 168 cafés and restaurants, 9 parks, 16 pharmacies. Nearest grocery: Arya Food Market (50 m). Nearest park: Arlington Park (250 m).

Schools nearby

Elementary

  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%
    10 min walk
  • Centennial Public School
    EQAO: Gr 6 reading 79%, math 32%
    12 min walk
  • Elgin Street Public School
    EQAO: Gr 6 reading 96%, math 84%
    13 min walk
  • Glebe Montessori School Private14 min walk

Secondary

  • Glashan Public School6 min walk
  • Reality Check6 min walk
  • Richard Pfaff Secondary Alternate Program6 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1R

Owners / renters
31% / 69%
Median household income
$74,000
Average age
40
Children under 15
8%
Homes
6% detached, 49% high-rise
Commute by transit
18%
Population
20,343

Languages spoken most at home besides English: Yue (Cantonese) 1.6%, Vietnamese 1.4%, Mandarin 1.2%, Arabic 1%.

Safety

Crime Severity Index for Ottawa police: 52 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Ottawa: 1 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417400 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE TEAM REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Ottawa Centre