Mirna Botros

613-600-2626

421 Gilmour Street - $1,624,000

421 Gilmour Street - $1,624,000

421 Gilmour Street

$1,624,000

4103 - Ottawa Centre
Ottawa, OntarioK2P0R5
0 beds
0 baths
6 parking
MLS#: X11986538Listed: 3 months agoUpdated:about 2 months ago

Description

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 5.5%. 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. (id:58075)

Details

Details for 421 Gilmour Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Other
Storeys
3
Neighborhood
4103 - Ottawa Centre
Land Size
44.3 x 109 FT
Year Built
-
Annual Property Taxes
$25,738
Parking Type
No Garage
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Bank street
Type of Dwelling
other
Roof
-
Exterior
Brick
Foundation
Poured Concrete
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
44.3 x 109 FT
Zoning
-
Zoning Description
GM (General Mixed Use)
Parking
Features
No Garage
Total Parking
6
Utilities
Cooling
Wall unit
Heating
Hot water radiator heat
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Wheelchair access
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 421 Gilmour Street, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

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