For Sale: 634 Gladstone Avenue, Ottawa, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$978,000
5 bd • 5 ba • 2000 - 2499 sf • Multifamily
634 Gladstone Avenue
Street ViewDirections
$978,000
Get pre-approved

634 Gladstone AvenueOttawa, ON, K1R 5P4

Centretown
  • 5 Bed
  • 5 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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:63626)
Listed by: David Wen, Salesperson, ROYAL LEPAGE INTEGRITY REALTY

Home facts and features

Price details
List Price
$978,000
Get Pre-Approved
Gross Taxes for 2026
$8,406
Home facts
Bedrooms
5
Full Bathrooms
5
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Depth
99.1 feet
Frontage
24.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Finished,
Appliances
Refrigerator, Stove
Community
Agent details
Primary Agent
David Wen
Primary Broker
ROYAL LEPAGE INTEGRITY REALTY
Secondary Agent
Haiyun Wang
Secondary Broker
ROYAL LEPAGE INTEGRITY REALTY
Tertiary Agent
Tertiary Broker
ROYAL LEPAGE INTEGRITY REALTY
Listing details
Days on REW
9 Days
MLS® Number
X13216242
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Cambridge Street Community Public School
  • Public
  • JK - 6
St Anthony Elementary School
  • Catholic
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
Centennial Public School
  • Public
  • JK - 8
Glebe Collegiate Institute
  • Public
  • 9 - 12
Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
Devonshire Community Public School
  • Public
  • JK - 6
Mutchmor Public School
  • Public
  • JK - 6
First Avenue Public School
  • Public
  • JK - 6
Elgin Street Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near Centretown

Neighborhoods near Centretown

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-06.
Call Agent
Salesperson
David Wen
Phone:
(438) 889-9983
Office:
613-829-1818
Salesperson
Haiyun Wang
Phone:
(613) 710-9966
Office:
613-829-1818
Salesperson
Veronika Martseniuk
Phone:
(613) 790-2848
Office:
613-829-1818
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.