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
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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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 2,849,000
Est. payment | /mo

287 SqFt

Save
$ 2,849,000
Est. payment | /mo
Save

287 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 287 sqft

Price per Sqft $9,926

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

Community 4103 - Ottawa Centre

Area Ottawa

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 8.69

Lot Depth 33.22

Listed by COLLIERS
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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488 & 490 Gilmour ST

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