484-486 Gilmour Street, Ottawa Centre | Image 1

484-486 Gilmour Street

Ottawa Centre, 4103 - Ottawa Centre

  • Commercial

$2,595,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R4T

  • Age: No Data

  • Taxes: 24187

  • MLS®#: X11960048

  • Days on Site: 13 Days

  • Added: Feb 06, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CAPITAL COMMERCIAL INVESTMENT CORP.

Welcome to an exceptional investment opportunity in one of downtown's most desirable and bustling neighbourhoods - Centretown! This well-maintained 10-unit building offers bright and spacious apartments, a strong tenant-base, thoughtful building upgrades, and a large rear yard that is prime for development potential with R4 zoning! 484-486 Gilmour Street sits on an impressive 56'x108' lot, perfectly positioned on a quiet one-way residential street, only steps to Centretown's office and commercial district, countless amenities, public transit, and trendy local businesses. All units are located above-grade and comprised of four spacious and bright one-bedroom units, one two-bedroom unit, one three-bedroom unit and four large bachelor suites with hardwood flooring throughout. This unique building offers tenants a variety of coveted outdoor decks, balconies and outdoor spaces to enjoy during the warmer months of the year. The welcoming and warm common hallways have been updated with fresh paint, recently upgraded hardwood flooring, and LED light fixtures. The card operated laundry system offers additional great income and the basement area is well appointed with ample storage space to create storage lockers to boost the annual income.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 126008

  • Area: Ottawa Centre

  • Community: 4103 - Ottawa Centre

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Water Radiators

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $24,187

  • Expenses: Act

  • Insurance Fee: 5767

  • Operating Fees: 44975

  • Hydro Expense: 3147

  • Heat Expenses: 5242

  • Other Expenses: 2022

  • Taxes Type: Annual

  • Taxes: 24187

  • Tax Year: 2024

  • Water Fees: 4610

Land

  • Cross Street: Kent Street & Gilmou

  • Municipality District: Ottawa Centre

  • Parcel Number: 041200165

  • Lot Depth: 108.69 Feet

  • Lot Frontage: 56.95 Feet

  • Zoning: R4T

Commercial Specific

  • Total Area: 4000

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Gross Income/Sales: 170983

Map of 484-486 Gilmour Street, Ottawa Centre
JK-6

Cambridge Street Community Public School

Elementary: Public
0.78 km
JK-6

St Anthony Elementary School

Elementary: Catholic
1.08 km
JK-8

Centennial Public School

Elementary: Public
0.58 km
JK-6

Corpus Christi Catholic Elementary School

Elementary: Catholic
1.37 km
JK-6

Elgin Street Public School

Elementary: Public
0.77 km
7-8

Glashan Public School

Elementary: Public
0.51 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
0.79 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
0.46 km
9-12

Immaculata High School

Secondary: Catholic
1.40 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
1.17 km
9-12

Adult High School

Secondary: Public
1.35 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
1.23 km
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