$2,999,000
Available - For Sale
Listing ID: X12133741
488 & 4 Gilmour Stre , Ottawa Centre, K1R 5L4, Ottawa


This side-by side package features a fourplex which incorporates three, one-bedroom units and one bachelor, and a six-plex at 490 Gilmour offering three, one-bedroom units and three bachelor units. Both buildings share five rear parking spaces - a valuable feature in this highly walkable, transit accessible location just steps from Bank Street and the Downtown Core. Low vacancy, and professionally managed, the property generates strong, reliable income and significant long-term upside. Investors can also benefit from an assumable mortgage at 2.01%. A rare advantage in today's market.
Price $2,999,000
Taxes: $24106.00
Tax Type: Annual
Occupancy: Tenant
Address: 488 & 4 Gilmour Stre , Ottawa Centre, K1R 5L4, Ottawa
Postal Code: K1R 5L4
Province/State: Ottawa
Legal Description: PT LT 29, PL 27904, PART 2, 4, 5R5404, S
Directions/Cross Streets: Gilmour & Bank St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 287.00
Total Area Code:  Square Meters
Washrooms: 0
Soil Test: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLLIERS
Personal Picture
NASSER NADA
Broker
Dir:
416-859-5645
Bus:
905-507-4776
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style:
Lot Size: x 33.22(Feet)
Approximate Age:
Tax: $24,106
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years