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

  • $2,999,000
488 & 490 Gilmour Street, Ottawa Centre, ON K1R 5L4
  • X12133741
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 287
  • Sqft
Active For Sale
488 & 490 Gilmour Street, Ottawa Centre, ON K1R 5L4
488 & 490 Gilmour Street, Ottawa Centre, ON K1R 5L4
  • $2,999,000

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.

Details

MLS® Number
X12133741
Property Size
287 Sqft
Updated on May 8, 2025 at 3:12 pm

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Ottawa
  • Property Type: Commercial Sale

Address

  • Address 488 & 490 Gilmour Street
  • City Ottawa Centre
  • State/county ON
  • Zip/Postal Code K1R 5L4

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay