490 GILMOUR STREET$1,999,000

#1335633

N/A bed

N/A bath

About the Property

A rare opportunity to own two properties side-by side! A six-plex (490 Gilmour) & a fourplex (488 Gilmour MLS -1335579) Welcome to 488 & 490 Gilmour Street, an incredible 10-unit turnkey investment opportunity in the heart of Ottawa! This property has been updated over the past 6 years with laminate & hardwood flooring, updated kitchens & bathrooms, giving it a modern and attractive appearance. 488 Gilmour features 3, 1 bedroom self-contained units and 1 bachelor unit, while 490 Gilmour boasts 3, 1 bedroom units & 3 bachelor units. Both properties share five parking spots, which is a valuable asset in this desirable neighbourhood. The units have been meticulously maintained & are in excellent condition, providing a stable and consistent rental income. The neighbourhood is a short distance from some of Ottawa's most famous landmarks, and is surrounded by numerous shops, restaurants, and cafes. Both properties MUST be sold together. Assumable 6 year mortgage based on qualification. (id:46641)

Read More

Listing Agent

Ian Woodhead

Salesperson

(343) 777-7492

Powered by:

Realtor.ca

Property Details

City: Ottawa

Neighbourhood: Ottawa Centre

Build Year: 1901

Property

Property Type

Multi-family

Ownership Type

Freehold

Land Depth

108 ft ,8 in

Building

Storeys

3

Exterior Finish

Brick, Wood siding

Heating Type

Hot water radiator heat, Radiant heat

Cooling Type

None

Foundation Type

Stone

Parking Space Total

3

Measurements

Additional Info

Listing Contract Date

2023-04-03

Zoning Description

R4UD

Contact