488 Gilmour Street Ottawa, Ontario K1R 5L4

None Forced Air


A rare opportunity to own two properties side-by side! A fourplex (488 Gilmour) & a six-plex (MLS - 1335633) 6-year 2.01% assumable mortgage, based on buyer qualification!! 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 & 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 and 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, shops, restaurants and cafes. Both properties MUST be sold together. (id:37684)

Property Details

MLS® Number 1335579
Property Type Multi-family
Neigbourhood Ottawa Centre
Amenities Near By Airport, Public Transit, Recreation Nearby, Shopping
Parking Space Total 2


Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1901
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Wood Siding
Flooring Type Hardwood, Laminate, Other
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Fourplex
Utility Water Municipal Water




Acreage No
Current Use Development Residential
Land Amenities Airport, Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 108 Ft ,8 In
Size Frontage 28 Ft ,6 In
Size Irregular 28.5 Ft X 108.69 Ft
Size Total Text 28.5 Ft X 108.69 Ft
Zoning Description R4ud



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