488 Gilmour Street Ottawa, Ontario K1R 5L4
$1,399,000
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:36465)
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
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April 11 2023 01:11:05
Ottawa Real Estate Board
Exp Realty
Brent McElheran, Broker of Record Royal LePage Team Realty
McElheran & Associates
Phone: 613.725.1171 | Toll free: 1.800.307.1545 | Email: mail@brentmcelheran.com
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