ON > Ottawa Centre > 4103 - Ottawa Centre
Ottawa Centre, ON K1R 5L4,488 & 490 Gilmour ST
Ottawa Centre, ON K1R 5L4,488 & 490 Gilmour ST
Ottawa Centre, ON K1R 5L4,488 & 490 Gilmour ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,999,000
Est. payment /mo
287 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 287 sqft

Price per Sqft $10,449

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12133741

Annual Tax Amount $24,106

Tax Year 2024

Property Sub-Type Investment

Lot Depth 33.22

Lot Front 8.69

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

Community 4103 - Ottawa Centre

Area Ottawa

Zoning R4T[733]

Interior

Cooling No

Inclusions 10 stove/hood fans, 4 fridge freezers, 6 storage lockers in the basement.

Exterior

Utilities Available Yes

Lot Frontage 8.69

Lot Depth 33.22

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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