421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa

421 GILMOUR STREET, Ottawa, Ontario

$1,649,000

This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5%. This zoning allows for a wide range of uses, including conversion into a multi-unit (triplex, fourplex, or more) to secure your retirement while enjoying a positive cashflow investment. A new roof installed in 2020 and full interior/exterior renovation (2022), including new luxury vinyl flooring, soundproofing, and updated electrical systems, ensure minimal maintenance costs. On-site parking for 6-7 cars would generate extra income, supplemented by ample street parking and a wheelchair accessible ramp, adds significant value and convenience to tenants. This prime location, combined with the extensive renovations, flexible GM zoning, and strong income potential, makes this property a truly rare find. (id:56241)

  • Listing ID: X11986538
  • Property Type: Multi-family
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Details

  • Features: Wheelchair access
  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: GM (General Mixed Use)

Building

  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Heating: Hot water radiator heat
  • Stories Total: 3
  • Type: Other
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 44 ft ,3 in
  • Size Irregular: 44.25 x 108.99 FT
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Listing provided by RE/MAX HALLMARK REALTY GROUP
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 421 GILMOUR STREET in Ottawa Ontario. It was last modified on February 25th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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