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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLLIERS |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Ottawa Centre |
Neighbourhood: | 4103 - Ottawa Centre |
Tax: | $24,106 |
Fireplace: | N |