549 Gladstone Avenue Ottawa, Ontario K1R 5N9


PREMIER INVESTMENT OPPORTUNITY! Amazing location Incredible opportunity to own a property minutes away from the heart of the City. Income property located in heart of downtown Ottawa. 547 and 501 Bay is residential/commercial property.Located in the bustling and not far from lively Little Italy, This is an excellent income generating property this property could also be transformed into a multi-unit building with a commercial space on mail floor .currently Main floor has a cafe and Second floor has 2 of 2 two bedroom apartments. This building also has an address of 501 Bay St as a third one bedroom apartment. Total gross rent is 97,200. All the residential units have been fully renovated and rented. The lot on the side of the property provides 4 parking. It also has a full basement can be turned into another use with separate entrance. Commercial unit located on main floor and additional income with 3 residential apartments units makes it unique. 24 hr irrevocable on all offers. (id:37684)

Property Details

MLS® Number 1341539
Property Type Retail
Neigbourhood Centre Town
Parking Space Total 4



Acreage No
Size Depth 62 Ft
Size Frontage 50 Ft
Size Irregular 50 Ft X 62 Ft
Size Total Text 50 Ft X 62 Ft
Zoning Description Commercial/mixed Use



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