515 Gladstone Ave #5 is a 2-bedroom, 2-bathroom condo in Ottawa, listed for $549,900. It has 1000-1199 sq ft of living space.
1Gourmet kitchen off the living area, is the ideal place for entertaining guests, featuring an oversize quartz countertop, stainless appliances and high-end neutral finishes.
2The bright primary bedroom provides access to a large private balcony overlooking the neighbourhood and treetops.
3Two full bathrooms with designer touches and practical in-suite laundry are conveniently located near both bedrooms.
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!
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $550 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 515 Gladstone Ave #5
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
515 Gladstone Ave #5 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,701
/mo
based on the purchase price of $549,900
$109,980 cash
$439,920 financed
$370,528 total interest
Principal54%$439,920
Interest46%$370,528
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Ottawa
Other 1–2 bed homes for sale in Ottawa around $550K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings239Homes for sale here right now.
Median vs prior 90 days+0.9%Compared with May 4 – Aug 2, 2026: prices up.
Based on 131 sales from Aug 2 – Oct 31, 2026 (109 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 515 Gladstone Ave #5
How much is 515 Gladstone Ave #5 listed for?
515 Gladstone Ave #5 is listed at $549,900 (MLS® X13791032). Summitly updates the price as soon as the MLS® record changes.
Is $549,900 a good price for 515 Gladstone Ave #5?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Ottawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 515 Gladstone Ave #5 changed?
Yes — it was first listed at $559,900 and is now $549,900, a drop of $10,000 (1.8%).
How many bedrooms and bathrooms does 515 Gladstone Ave #5 have?
515 Gladstone Ave #5 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Ottawa.
How much would the monthly mortgage be on 515 Gladstone Ave #5?
About $2,701 a month — principal and interest on $549,900 with 20% down ($109,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 515 Gladstone Ave #5 compare with other homes in Ottawa?
Its asking price of $549,900 is about 24% above the median sold price in Ottawa over the last 90 days, $442,000, across 131 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 515 Gladstone Ave #5 been sold before?
Summitly has no earlier MLS® sale or lease of 515 Gladstone Ave #5 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 515 Gladstone Ave #5?
515 Gladstone Ave #5 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 515 Gladstone Ave #5 been on the market?
45 days — 515 Gladstone Ave #5 was listed on September 16, 2026.
What is the price per square foot of 515 Gladstone Ave #5?
About $459 to $550 per square foot: the asking price of $549,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 515 Gladstone Ave #5 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 515 Gladstone Ave #5 have a basement, and is it finished?
The listing says 515 Gladstone Ave #5 has no basement.