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$2,849,000
Available - For Sale
Listing ID: X12133741
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 $2,849,000
Taxes: $24,106
Tax Type: Annual
Occupancy by: Tenant
Address: 488 & 4 Gilmour Street , 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
No. of Pieces Level
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Washroom 89 0
Washroom 90 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 287
Total Area Code:  Square Meters
Maintenance: 0
Soil Test: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

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COLLIERS

488 & 4 Gilmour Street , Ottawa Centre, K1R 5L4, Ottawa

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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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:
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949