488 Gilmour Street Ottawa, Ontario K1R 5L4
$1,299,000
A rare opportunity to own two properties side-by side! A fourplex (488 Gilmour) & a six-plex (MLS - 1335633) 6-year 2.01% assumable mortgage, based on buyer qualification!! 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 & 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 and 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, shops, restaurants and cafes. Both properties MUST be sold together. (id:42003)
Property Details
MLS® Number | 1335579 |
Property Type | Multi-family |
Neigbourhood | Ottawa Centre |
Amenities Near By | Airport, Public Transit, Recreation Nearby, Shopping |
Parking Space Total | 2 |
Building
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Constructed Date | 1901 |
Construction Style Attachment | Attached |
Cooling Type | None |
Exterior Finish | Brick, Wood Siding |
Flooring Type | Hardwood, Laminate, Other |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Type | Fourplex |
Utility Water | Municipal Water |
Parking
Shared |
Land
Acreage | No |
Current Use | Development Residential |
Land Amenities | Airport, Public Transit, Recreation Nearby, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 108 Ft ,8 In |
Size Frontage | 28 Ft ,6 In |
Size Irregular | 28.5 Ft X 108.69 Ft |
Size Total Text | 28.5 Ft X 108.69 Ft |
Zoning Description | R4ud |
https://www.realtor.ca/real-estate/25428726/488-gilmour-street-ottawa-ottawa-centre
Interested?
Contact us for more information
Ian Woodhead
Salesperson
www.mpgrealty.ca
1073 Greenbank Rd, Unit100
Ottawa, Ontario K2J 4H8
(866) 530-7737
(647) 849-3180
www.exprealty.ca