Menu

488 Gilmour Street, Ottawa, ON

  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
  • 488 Gilmour Street, Ottawa, ON
Share
Print
Report

5,988 ft²
Multifamily
$3,399,000
Sale

Ian Woodhead
Ian Woodhead
Woodhead Property Group
Contact
Download Brochures
Brochure 1

A rare opportunity to own two properties side-by side! A six-plex (490 Gilmour) & a fourplex (488 Gilmour) 6-YEAR ASSUMABALE MORTGAGE AT 2.01% BASED ON QUALIFICATION THROUGH CHMC AND PT.

The Space
Asking Price$3,399,000
Available Space5,988 ft²
Net Operating Income$134950
Property UseMulti family
Taxes$18,813/yr
ZoningR4UD
Parking Spaces5
SourceDirect
The Building - 488-490 Gilmour

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 and 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 & 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, and is surrounded by numerous shops, restaurants, and cafes. Both properties MUST be sold together. Assumable 6 year mortgage at 2/01% based on qualification.

Property TypeMultifamily
Lot Size6,048 ft²
Balcony
Central Heating
Hardwood Floors
Parking
Inquire
Ian Woodhead
Ian Woodhead
Woodhead Property Group
Contact
Advertisement
Up to $500K for Ontario businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
Learn More
Merchant Growth
Close