The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional redevelopment and investment opportunity on a substantial 43' 130' lot in a highly desirable central west-end location. This duplex offers two 2-bedroom, 1-bathroom units, creating flexibility for investors, renovators and developers alike. The vacant main-floor unit has high ceilings, generous living and dining rooms with hardwood floors, and direct access to the basement, while the upper unit is currently tenanted. A detached garage and parking for up to four vehicles add further value. A laneway behind the property, accessed from Gladstone Avenue, also offers potential rear access to the site. The property's CM1 - Minor Corridor zoning under Ottawa's New Zoning By-law 2026-50 broadens the possibilities, supporting a range of residential and mixed-use development, subject to applicable zoning provisions, City approvals and the status of the new zoning by-law. Renovate and reposition the existing duplex, hold as an income property, or explore future redevelopment options. The location is another major draw, with easy access to Wellington Street West, Hintonburg, Little Italy, Preston Street, Mechanicsville, Dow's Lake and the Ottawa River pathways. Cafés, restaurants, boutiques, schools, parks and everyday amenities are all close by, along with the Civic Hospital, Tunney's Pasture and Lebreton Flats. Well served by OC Transpo and the O-Train, with convenient connections to downtown, Tunney's Pasture and Highway 417. A well-located urban property offering income, renovation and redevelopment possibilities. Property is being sold "as is" with no representations or warranties.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,064/mo
Mortgage (principal + interest)$4,489
Property taxFrom listing: $6,895/yr$575
Minimum $95,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$240,000
Ontario land transfer taxProvincial brackets, no first-time refund$20,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$263,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. West Centre Town has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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