Forgot password Extend Verify Contact

488 & 490 Gilmour Street
4103 - Ottawa Centre Ottawa K1R 5L4

$2,999,000 /For Sale
Commercial

Main Photo: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
Photo 1: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
Photo 2: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
Photo 3: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
Photo 4: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
Photo 5: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
Photo 6: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12133741
Bus Major:
Apts - 6 To 12 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
287 sq. ft. Square Meters
Total Area:
287 sq. ft.
Depth:
33'3"
Frontage:
8'8"
Lot Shape:
Rectangular
Water supply:
Municipal
Soil Test:
No
Zoning:
R4T[733]
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
TBC
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$24,106 / 2024
Assessment:
$- / -
Ottawa Centre
4103 - Ottawa Centre
Ottawa
Hot Water Tank
10 stove/hood fans, 4 fridge freezers, 6 storage lockers in the basement.
Tenant's belongings.
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
May 08, 2025
Original Price:
Previous Price:
  • Photo 1: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
    Photo 1 of 6
  • Photo 2: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
    Photo 2 of 6
  • Photo 3: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
    Photo 3 of 6
  • Photo 4: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
    Photo 4 of 6
  • Photo 5: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
    Photo 5 of 6
  • Photo 6: 488 & 490 Gilmour Street in Ottawa: 4103 - Ottawa Centre Commercial for sale (Ottawa Centre)  : MLS®# X12133741
    Photo 6 of 6
Listed by COLLIERS
Data was last updated May 9, 2025 at 06:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.