Deanna Parisi direct 613-859-7704 | David Parisi direct 613-859-4047

421 GILMOUR STREET
Ottawa, Ontario K2P0R5

OPEN HOUSE: Mar. 09, 02:00 PM - 04:00 PM
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa
  • 421 GILMOUR STREET Ottawa

$1,649,000

ID# X11986538

Wall unit Hot water radiator heat

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%. This zoning allows for a wide range of uses, including conversion into a multi-unit (triplex, fourplex, or more) to secure your retirement while enjoying a positive cashflow investment. A new roof installed in 2020 and full interior/exterior renovation (2022), including new luxury vinyl flooring, soundproofing, and updated electrical systems, ensure minimal maintenance costs. On-site parking for 6-7 cars would generate extra income, supplemented by ample street parking and a wheelchair accessible ramp, adds significant value and convenience to tenants. This prime location, combined with the extensive renovations, flexible GM zoning, and strong income potential, makes this property a truly rare find. (id:25961)
LEARN MORE ABOUT THIS PROPERTY
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: February 19, 2025

On market: 15 days
Bathroom Total 0
Bedrooms Total 0
Cooling Type Wall unit
Heating Type Hot water radiator heat
Stories Total 3

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421 GILMOUR STREET

Get In Touch

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Deanna Parisi

Realtor®

Direct: 613-859-7704

Deanna@theParisiGroup.ca

David Parisi

Realtor®

Direct: 613-859-4047

David@theParisiGroup.ca

376 Churchill Ave. N,

Unit 101

Ottawa, Ontario

613-755-2278

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