397 Gladstone Avenue
Ottawa (Ottawa Centre), ON K2P 0Y9
- 3+2Bedrooms
- 2Bathrooms
- 0Parking
- 1500–2000Sq Ft
- $6,330Tax
- 25×100 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 397 Gladstone Avenue, Ottawa, Ottawa Centre
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-09-16 | 2026-01-17 | Login to See Prices | Expired | x12406459 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 397 Gladstone Avenue, Ottawa, Ottawa Centre
Attention Investors! Prime Centre Town Opportunity Discover this detached 2-storey single-family home located in the heart of Centre Town, offering exceptional investment potential. This unique property features two fully separate rental units: Unit 1: 2 bedrooms Unit 2: 3 bedrooms. Highlights include: Two private balconies Abundant natural light through large windows Character-filled lower level with striking stone walls Flexible layout ideal for owner-occupiers, multi-generational living, or maximizing rental income Whether you're looking to expand your portfolio or live in one unit while renting the other, this property combines charm, location, and strong income potential. Steps from shops, transit, and downtown amenities this is a rare find in one of the city's most desirable neighborhoods! New Roof 2024, Hot Water Boiler 2025
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,330
- Land Transfer Tax Fee
- $12,975
Rental Items
- Rental Equipment
- Hot Water Boiler - Enercare
- Basement Type
- Finished, Full
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 25.00 ft
- Lot Depth
- 100.20 ft
- Lot Size
- 2505
Inclusions
- Inclusions
- 2 Fridges, 2 Stoves, 2 Washer, 2 Dryer
Exclusions
- Exclusions
- Tenant's Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Water
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 2
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bedroom—Lower level
- Bedroom—Lower level
- Kitchen—Second level
- Den—Second level
- Bedroom—Second level
- Bedroom—Second level
Washrooms
- 4-piece, Main
- 4-piece, Second
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- Bank St. and Gladstone Ave
- Directions
- North on Bank St, take a right on Gladstone Ave
- MLS® number
- X12406459
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-01-17
- Listed on
- 2025-09-16
- Days on market
- 123 days
- Possession type
- Other
- Co-op commission
- 2
- Seller
- Listed by
- RE/MAX DELTA REALTY TEAM
Home Market Value
Current home valuation for 397 Gladstone Avenue, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $825,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 397 Gladstone Avenue, Ottawa, Ottawa Centre
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $325,000 over $500K
$57,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $30,690 | $23,018 | $19,635 | $0 |
=Total mortgage | $797,940 | $765,518 | $720,885 | $660,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,896monthly | $3,738monthly | $3,520monthly | $3,222monthly |
Land Transfer Tax
$12,975
$12,975
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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