For SaleCondo Apt · ApartmentMLS® #X13791032 · TRREB MLS®
5-515 Gladstone Ave, Ottawa, Ontario
Ottawa Centre, Ottawa, Ontario K1R 5N9
- Bedrooms
- 2
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$549,900
Estimated market value
About 5-515 Gladstone Ave
5-515 Gladstone Ave is a 2-bedroom, 2-bathroom condo in Ottawa Centre, Ottawa, listed for sale at an asking price of $549,900 (MLS® X13791032).
This stunning Charlesfort built penthouse suite is situated in a vibrant section of Centertown. "The Pullman" is a sought-after boutique walk-up condo known for its large open-concept floor plans. This unit offers bright oversized curved windows overlooking the quintessential urban streetscapes. High ceilings and tastefully upgraded lighting greet you as you enter the front door. Gourmet kitchen off the living area, is the ideal place for entertaining guests, featuring an oversize quartz countertop, stainless appliances and high-end neutral finishes. The bright primary bedroom provides access to a large private balcony overlooking the neighbourhood and treetops. Two full bathrooms with designer touches and practical in-suite laundry are conveniently located near both bedrooms. Heated private underground parking complete with a large storage locker. This location is hard to beat with popular eating/drinking establishments such as Pizza Nerds, Flora Hall, Wilf & Ada's, Whalesbone & Fauna an easy walk away. Other conveniences include nearby access to transit, the LCBO, drug stores, bakeries, coffee shops and recreation. Seize this opportunity to live the urban lifestyle!
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,121/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 15 condos with 2 bedrooms for lease in Ottawa Centre right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $5,209 / 2026
- MLS® number
- X13791032
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 5-515 Gladstone Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $549,900 | N/A | Pc | X13791032 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Ottawa Centre
- Municipality
- Ottawa
Building
- Size
- 1000-1199 sqft
- Construction
- Other
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 3pc Main, 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Other
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- washer, dryer, refrigerator, dishwasher, stove, microwave, all window blinds and drapes, mirrors in bathrooms and back bedroom
- Condo maint.
- $678
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.89 × 4.04 m | — | Main |
| Dining | 2.13 × 4.4 m | — | Main |
| Kitchen | 2.31 × 3.35 m | — | Main |
| Primary | 3.2 × 3.3 m | — | Main |
| Br | 3.02 × 3.22 m | — | Main |
| Bathroom | 2.18 × 2.36 m | — | Main |
| Bathroom | 1.85 × 2.13 m | — | Main |
Map and tour
Condos for sale in Ottawa Centre right now
- For sale now
- 135
- Median asking price
- $425K
- New in 7 days
- 18
- Price cuts
- 24%
Middle half: $345K to $537K
48 in 28 days
33 listings
This home is asking 29% above the median, higher than three quarters of them.
See all homes in Ottawa CentreAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $7,473
- Total land transfer tax
- $7,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $549,900
- $2,998
- Ontario total
- $7,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
- Not in the municipality’s mapped flood areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m20 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.8 m below ground nearbyThe middle water level in the well records within 500 m (197 records). It changes with the season and from spot to spot.500 m
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity3
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 16 building permits issued within 250 m in the last 2 yearsCreating 1 new home.250 m
- Nearest airport: 6.6 km6.6 km
Province of Ontario open data · Municipal building permits
Around the home2
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 50 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Municipal transit open data · Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 2 federal contaminated sites within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro Ottawa LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Cambridge Street Community Public SchoolOttawa-Carleton DSB | Public · grades JK–6 · French Immersion | 600 m | 54%Grade 6 average |
| Centennial Public SchoolOttawa-Carleton DSB | Public · grades JK–8 · French Immersion | 700 m | 64%Grade 6 average |
| St Anthony Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 900 m | 86%Grade 3 average |
| École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–8 | 1.5 km | 100%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 300 m | — |
| École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-Est | French-language Catholic · grades 9–12 | 900 m | — |
| Urban Aboriginal Alternate High SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 950 m | — |
| Immaculata High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 1.4 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Lyon | OC Transpo light rail: O-Train Line 1 | 1 km |
| Pimisi | OC Transpo light rail: O-Train Line 1 | 1.2 km |
| Parliament | OC Transpo light rail: O-Train Line 1 | 1.2 km |
| Corso Italia | OC Transpo light rail: O-Train Line 2 | 1.3 km |
| Smyth | OC Transpo bus rapid transit: Transitway | 2.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $109,980
- Total mortgage amount
- $439,920
- Total interest payment
- $312,780
- Total purchase cost
- $862,680
- Mortgage payment
- $2,509/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
56%Monthly carrying cost
$3,621- Rent $2,500
- Shortfall $1,121
Rental income opens at $2,500, the median asking rent of 15 comparable homes for lease in Ottawa Centre. Type over it with the rent you expect. This is a planning tool, not advice.
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Sold prices in Ottawa Centre are shown to signed-in members.