NewFor Sale

488 & 490 Gilmour Street
Ottawa Centre, Ottawa, ON, K1R 5L4

Investment
TRREB
MLS® Number: X12133741
$2,849,000List Price
InvestmentProperty Type
287 m²Size
$24,106 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 488 & 490 Gilmour Street, Ottawa Centre, ON K1R 5L4

0 Transactions by CPRB Agents

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$24,106 / 2024
Listing #:X12133741
Property Type:Investment
Size:287 m²
Land Size:8.69 x 33.22
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:COLLIERS

Rooms

Details

Property

Property Type:Investment
Community:4103 - Ottawa Centre
Municipality:Ottawa

Building

Size:287 m²

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Open

Land

Cross Street:Gilmour & Bank St

$2,849,000

List price

488 & 490 Gilmour Street, Ottawa Centre – Investment for sale · MLS® # X12133741