498 Gladstone Avenue

As stated by the MLS®, nothing inferred.

Below-comps first · all nearby homes shown, not just the good-value ones.

Semi-Detached

$874,900

Below recent sales

273 Arlington Avenue

4 bed · 3 bath·1500-2000 sq ft·1 parking

Ottawa

Listed 6 days ago · Bennett Property Shop Realty

Detached

$549,000

Below recent sales

359 Arlington Avenue

4 bed · 1 bath·1100-1500 sq ft

Ottawa

Listed 2 days ago · Bennett Property Shop Realty

Condo Apartment

$359,900

Below recent sales

40 Arthur Street, Unit 203

2 bed · 2 bath·1000-1199 sq ft·1 parking·$1,225/mo fee

Ottawa

Listed 7 days ago · Engel & Volkers Ottawa

Condo Apartment

$499,900

Above recent sales

511 GLADSTONE Avenue, Unit 2

2 bed · 2 bath·1000-1199 sq ft·$606/mo fee

Ottawa

Listed 7 days ago · Royal LePage Team Realty

Condo Apartment

$480,000

Above recent sales

10 James Street, Unit 509

2 bed · 1 bath·700-799 sq ft·1 parking·$778/mo fee

Ottawa

Listed 3 days ago · Royal LePage Team Realty

Condo Apartment

$319,000

Above recent sales

340 MCLEOD Street, Unit 938

— bed · 1 bath·500-599 sq ft·$333/mo fee

Ottawa

Listed 7 days ago · Avenue North Realty Inc.

EXCEPTIONAL VISIBILITY. FLEXIBLE POTENTIAL. PRIME DOWNTOWN LOCATION. Positioned on a prominent corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & unique 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.