$1,649,000
Available - For Sale
Listing ID: X11983849
421 Gilmour St , Ottawa Centre, K2P 0R5, Ontario
| 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%, but with zoning allowing for a wide range of uses. Soaring 12 ft ceilings and oversized new vinyl windows flood the space with natural light. Luxury vinyl floors, and soundproof walls create a premium environment. A new roof installed in 2020 and full interior/exterior renovation (2022) and upgrades ensure minimal maintenance costs. On-site parking for 6-7 cars, supplemented by ample street parking and wheelchair accessible ramp, adds significant value and convenience to tenants and their clients. This prime location, combined with the extensive renovations and flexible GM zoning, makes this property a truly rare find. |
| Price | $1,649,000 |
| Taxes: | $30281.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 421 Gilmour St , Ottawa Centre, K2P 0R5, Ontario |
| Postal Code: | K2P 0R5 |
| Province/State: | Ontario |
| Legal Description: | PT LT 38, PL 27292 , N/S OF GILMOUR ST, |
| Lot Size: | 44.00 x 108.99 (Feet) |
| Directions/Cross Streets: | Bank street |
| Category: | Office |
| Building Percentage: | Y |
| Total Area: | 4800.70 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 3000 |
| Office/Appartment Area Code: | Sq Ft |
| Financial Statement: | N |
| Net Income Before Debt: | $86243 |
| Year Expenses: | 0 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Part |
| Elevator Lift: | None |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Office |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4103 - Ottawa Centre |
| Lot Size: | 44.00 x 108.99(Feet) |
| Tax: | $30,281 |
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