Property Detail

488 & 490 Gilmour Street, Ottawa Centre, ON K1R 5L4 (Gilmour & Bank St)

Price : $2,849,000.00 , MLS®# : X12133741

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Judge Kirupairajah
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 Description

Gilmour & Bank St

Property Details
  • Community: 4103 - Ottawa Centre
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 24106
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Open
Land (Lot Features)
  • Frontage: 8.69 sq.ft
  • Land Depth: 33.22sq.ft

Listing Contracted With: COLLIERS