484-486 GILMOUR STREET, Ottawa, Ontario, K1R 5L4

Property Information:

Welcome to an exceptional investment opportunity in one of downtown's most desirable and bustling neighbourhoods - Centretown! This well-maintained 10-unit building offers bright and spacious apartments, a strong tenant-base, thoughtful building upgrades, and a large rear yard that is prime for development potential with R4 zoning! 484-486 Gilmour Street sits on an impressive 56'x108' lot, perfectly positioned on a quiet one-way residential street, only steps to Centretown's office and commercial district, countless amenities, public transit, and trendy local businesses. All units are located above-grade and comprised of four spacious and bright one-bedroom units, one two-bedroom unit, one three-bedroom unit and four large bachelor suites with hardwood flooring throughout. This unique building offers tenants a variety of coveted outdoor decks, balconies and outdoor spaces to enjoy during the warmer months of the year. The welcoming and warm common hallways have been updated with fresh paint, recently upgraded hardwood flooring, and LED light fixtures. The card operated laundry system offers additional great income and the basement area is well appointed with ample storage space to create storage lockers to boost the annual income. (id:27)