488 & 490 Gilmour Street, Ottawa Centre, ON Image 1

$2,999,000

Investment For Sale
MLS - #X12133741
May 8- By COLLIERS

488 & 490 Gilmour Street, Ottawa Centre, ON K1R 5L4

Bed
Bath
287 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

287 Sqft

About 488 & 490 Gilmour Street

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.

Home Overview

Last updated

May 8

Virtual tour

None

Basement information

Building size

287

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
299900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 488 & 490 Gilmour Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$11454.15/ month

Some information about this property - Gilmour Street

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