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0 Beds 0 Bath

421 Gilmour St

Ottawa Centre K2P 0R5 Ontario

MLS: X11986538

$1,649,000

Added 6 hours ago | For Sale

Listed by: RE/MAX HALLMARK REALTY GROUP

About Property

This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5%. This zoning allows for a wide range of uses, including conversion into a multi-unit (triplex, fourplex, or more) to secure your retirement while enjoying a positive cashflow investment. A new roof installed in 2020 and full interior/exterior renovation (2022), including new luxury vinyl flooring, soundproofing, and updated electrical systems, ensure minimal maintenance costs. On-site parking for 6-7 cars would generate extra income, supplemented by ample street parking and a wheelchair accessible ramp, adds significant value and convenience to tenants. This prime location, combined with the extensive renovations, flexible GM zoning, and strong income potential, makes this property a truly rare find.

Features

  • House Style:Multiplex
  • Bathrooms:0
  • Land Size:
  • Water:Municipal
  • Garage Spaces:0 /None
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:Bank street
  • Basement:None ,
  • Possession Date:TBD
  • Annual Property taxes: $30281
  • Bedrooms:0
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Water
  • Pool Type:None
  • Exterior:Brick
  • Fronting On:N
  • Front Footage:44.25
  • Listing ID:X11986538

Rooms Dimensions Description

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Average Sale Prices per Month in Ottawa Centre
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0 Bedrooms Multiplex House Ottawa Centre
Monthly Sales Trends in Ottawa Centre
This graph showcases the monthly sales trends in Ottawa Centre, offering valuable insights for both buyers and sellers in the real estate market.
0 Bedrooms Multiplex House Ottawa Centre
Avg Price for 0 Bedroom Multiplex house in Ottawa Centre
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