$1,624,000

421 Gilmour Street, Ottawa, Ontario

3

Baths

2,500

Square feet

X12376077

MLS® Number

37

Days on Website

For Sale

Listing Type

$1,624,000 | Ottawa Centre Ottawa Other for Sale at 421 Gilmour Street Ottawa

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:6289)

Financial and Mortgage

List Price $1,624,000
Original Price $1,624,000
Monthly Payment $6,772/month
Get Prequalified
Days on Website 37
Price per square foot $650

421 Gilmour Street Details

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Construction and Lot

Square Footage 2,500
Bathrooms 3.00
Parking Spaces 6
Parking No Garage
Has Basement No
Foundation Poured Concrete
Cooling Wall unit
Heating Hot water radiator heat
Exterior Brick
# of Stories 3
Features Wheelchair access

Exterior of 421 Gilmour Street

Type Multi-family
Features Wheelchair access

Interior

Fireplace No

Measurements

Square Footage 2,500

Ottawa Centre Information

About Ottawa Centre in Ottawa

Address 421 Gilmour Street
Subdivision Ottawa Centre
City Ottawa
Province Ontario
Postal Code K2P0R5
Features Wheelchair access
Office/Brokerage RE/MAX HALLMARK REALTY GROUP

Ottawa Centre Map, Demographics, Characteristics

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See 421 Gilmour Street and other Ottawa Centre homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12376077 421 Gilmour Street in Ottawa Centre, Ottawa Ontario, or fill out the form below. Looking for more Ottawa Centre homes for sale in Ottawa? Our top Ottawa real estate specialists are ready to help you buy or sell in the Ottawa Centre area. Contact us today!

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