421 Gilmour Street, Ottawa Centre, ON Image 1

$1,624,000

$1,649,000
1.5% dropped

Last price change Apr 23

Office For Sale
MLS - #X11983849
Jun 25- By RE/MAX HALLMARK REALTY GROUP

421 Gilmour Street, Ottawa Centre, ON K2P 0R5

Bed
Bath
4800.7 Sqft.
Outside/Surface Garage

Property Description

Property type

Office

Lot size

N/A

Style

Approx. Area

4800.7 Sqft

About 421 Gilmour Street

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 5.5%, 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.

Home Overview

Last updated

Jun 25

Virtual tour

None

Basement information

Building size

4800.7

Status

In-Active

Property sub type

Office

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Partial
Heating:Water Radiators
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
162400000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 421 Gilmour Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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