549 GLADSTONE Avenue, Ottawa Centre | Image 1

549 GLADSTONE Avenue

Ottawa Centre, 4103 - Ottawa Centre

  • Commercial

$1,300,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: Commercial/mixed

  • Age: No Data

  • Taxes: 9874

  • MLS®#: X9523590

  • Days on Site: 29 Days

  • Added: Oct 19, 2024 (1 month ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: RE/MAX AFFILIATES REALTY LTD.

INVESTMENT OPPORTUNITY! Amazing location Incredible opportunity to own a property minutes away from the heart of the City. Income property located in heart of downtown Ottawa. 547 and 501 Bay is residential/commercial property. Located in the bustling and not far from lively Little Italy, This is an excellent income generating property this property could also be transformed into a multi-unit building with a commercial space on mail floor .currently Main floor has a cafe and Second floor has 2 of 2 two bedroom apartments. This building also has an address of 501 Bay St as a third one bedroom apartment. Total gross rent is 97,200. All the residential units have been fully renovated and rented. The lot on the side of the property provides 4 parking. It also has a full basement can be turned into another use with separate entrance. Commercial unit located on main floor and additional income with 3 residential apartments units makes it unique. 24 hr irrevocable on all offers.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Net Income: 74326

  • Area: Ottawa Centre

  • Community: 4103 - Ottawa Centre

  • Availability Date: TBD

Parking

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2018

  • Tax Legal Description: PT LT 29, PL 22855 , N/S GLADSTONE AV AS IN N585728, S/T & T/W N

  • Taxes: $9,874

Land

  • Cross Street: North East corner of

  • Municipality District: Ottawa Centre

  • Parcel Number: 041200285

  • Lot Depth: 62 Feet

  • Lot Frontage: 50 Feet

  • Zoning: Commercial/mixed

Commercial Specific

  • Retail Area: 1800

  • Total Area: 3600

  • Gross Income/Sales: 94200

Map of 549 GLADSTONE Avenue, Ottawa Centre
JK-6

Cambridge Street Community Public School

Elementary: Public
0.51 km
JK-6

St Anthony Elementary School

Elementary: Catholic
0.80 km
JK-8

Centennial Public School

Elementary: Public
0.71 km
JK-6

Corpus Christi Catholic Elementary School

Elementary: Catholic
1.15 km
JK-6

Elgin Street Public School

Elementary: Public
1.06 km
7-8

Glashan Public School

Elementary: Public
0.49 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
0.94 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
0.22 km
9-12

Immaculata High School

Secondary: Catholic
1.49 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
1.50 km
9-12

Adult High School

Secondary: Public
1.05 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
0.92 km
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