484-486 GILMOUR STREET, Ottawa, Ontario

$2,595,000

4,000 Square Feet

Welcome to an exceptional investment opportunity in one of downtown's most desirable and bustling neighbourhoods - Centretown! This well-maintained 10-unit building offers bright and spacious apartments, a strong tenant-base, thoughtful building upgrades, and a large rear yard that is prime for development potential with R4 zoning! 484-486 Gilmour Street sits on an impressive 56'x108' lot, perfectly positioned on a quiet one-way residential street, only steps to Centretown's office and commercial district, countless amenities, public transit, and trendy local businesses. All units are located above-grade and comprised of four spacious and bright one-bedroom units, one two-bedroom unit, one three-bedroom unit and four large bachelor suites with hardwood flooring throughout. This unique building offers tenants a variety of coveted outdoor decks, balconies and outdoor spaces to enjoy during the warmer months of the year. The welcoming and warm common hallways have been updated with fresh paint, recently upgraded hardwood flooring, and LED light fixtures. The card operated laundry system offers additional great income and the basement area is well appointed with ample storage space to create storage lockers to boost the annual income. (id:56241)

Listing ID: X11960048
Property Type: Multi-family

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Details

Transaction: For sale
Zoning Description: R4T

Building

Appliances: Dryer, Stove, Washer, Refrigerator
Fireplace Present: False
Heating: Hot water radiator heat
Size Exterior: 4000 sqft
Size Interior: 4000 sqft
Type: Multi-Family
Utility Water: Municipal water

Land

Size Frontage: 56 ft ,11 in
Size Irregular: Bldg=56.95 x 108.69 FT

Listing provided by CAPITAL COMMERCIAL INVESTMENT CORP.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 484-486 GILMOUR STREET in Ottawa Ontario. It was last modified on February 6th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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