Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

488 & 490 Gilmour Street, Ottawa Centre, ON K1R 5L4 (Gilmour & Bank St)
$ 2849000 - MLS : X12133741

From Our Gallery

Description

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.

Location Description

Gilmour & Bank St

Property Detail

Community: 4103 - Ottawa Centre
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 24106

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open

Listing Contracted With: COLLIERS

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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