1028 Gladstone Avenue, West Centre Town, ON Image 1

$1,099,900

$1,149,900
4.3% dropped

Last price change Jun 2

Triplex For Sale
MLS - #X12091397
Jun 2- By ROYAL LEPAGE TEAM REALTY

1028 Gladstone Avenue, West Centre Town, ON K1Y 3G2

7 Bed
3 Bath
2000-2500 Sqft.
None Garage

Property Description

Property type

Triplex

Lot size

N/A

Style

3-Storey

Approx. Area

2000-2500 Sqft

About 1028 Gladstone Avenue

Don't miss out on this fantastic opportunity! Explore this very large recently renovated, ready-to-go brick Triplex in vibrant Hintonburg. Comprised of 2 extremely spacious VACANT 3-bedroom units ($2,500 & $2400 conservative projected rents) & 1 convenient tenanted 1-bedroom unit(currently rented to great tenant at $1,100). Situated on a prime lot with exceptional long term development potential. This versatile Triplex offers multiple options for savvy investors. You can choose to live in one of the units & rent out the others, creating an ideal living & income arrangement. Alternatively, maintain it as a reliable long-term investment, securing your future retirement plan. **2025 ALL NEW: 2 kitchens, flooring, lighting, electrical throughout(documents available) plus, 4 separate, newly installed hydro meters so each unit plus common utilities can be separated and reduce expenses to the owner - significant savings! Excellent ROI - 5.2% cap rate(contact for full financials) with major items already taken care of and modernized. Located in one of the most sought-after areas in town, with easy access to the desirable Wellington shops & the Civic Hospital. Well maintained & cared for by the current owner. ~10 year old roof, 6 year old furnace. 1 parking space included. Don't let this opportunity slip away, call Patrick today for more!

Home Overview

Last updated

Jun 2

Virtual tour

None

Basement information

Full, Finished

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Full, Finished
Cooling:None
Heating:Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
109990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 1028 Gladstone Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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ESTIMATED PAYMENT

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