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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

4 Beds

2 Baths

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Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12663758

Style 2-Storey

Bedrooms 4

Annual Tax Amount $5,603

Tax Year 2025

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Ottawa

Area Ottawa

Zoning TM14 H(17)

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Storage

Cooling None

Inclusions All attached light fixtures; All window coverings & associated hardware; All bathroom mirrors; All attached shelving & hooks; 2 Stoves; 2 Refrigerators; Furnace; Hot water tank; All in As-is Where-is condition

Exterior

Exterior Feature Porch

Parking Features Private Double, Private, Other

Pool None

Roof Type Asphalt Rolled

Lot Frontage 33.0

Lot Depth 62.0

Total Parking Spaces 4

Building

Building Age 100+

Foundation Block, Stone

Others

Senior Community No

Security Features Smoke Detector,Carbon Monoxide Detectors

ParcelsYN No

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Listed by ROYAL LEPAGE TEAM REALTY

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498 Gladstone AVE Ottawa Centre, ON K1R 5N8