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$ 2,849,000
Est. payment /mo
Active
488 & 490 Gilmour ST Ottawa Centre, ON K1R 5L4
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 4103 - Ottawa Centre
MLS Listing ID X12133741
Annual Tax Amount $24,106
Tax Year 2024
Property Sub-Type Investment
Property Description
This side-by side package features a fourplex which incorporates three, one-bedroom units and one bachelor, and a six-plex at 490 Gilmour offering three, one-bedroom units and three bachelor units. Both buildings share five rear parking spaces - a valuable feature in this highly walkable, transit accessible location just steps from Bank Street and the Downtown Core. Low vacancy, and professionally managed, the property generates strong, reliable income and significant long-term upside. Investors can also benefit from an assumable mortgage at 2.01%. A rare advantage in today's market.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 8.69
Lot Depth 33.22
Others
ParcelsYN No
Listed by COLLIERS