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421 GILMOUR STREET, Ottawa, Ontario, K2P 0R5

MLS® # X11986538
open house
Investment For Sale In Centretown, Ottawa, Ontario
$1,649,000
421 Gilmour Street, Ottawa, ON - Outdoor
421 Gilmour Street, Ottawa, ON - Outdoor
New interlock 2022 - 421 Gilmour Street, Ottawa, ON - Outdoor With Exterior
New fence 2022 - 421 Gilmour Street, Ottawa, ON - Outdoor With Exterior
421 Gilmour Street, Ottawa, ON -
Recently installed wheelchair accessible ramp - 421 Gilmour Street, Ottawa, ON - Outdoor
6 parking spots - 421 Gilmour Street, Ottawa, ON - Outdoor
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Office
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Dining Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor With Fireplace
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Living Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Bathroom
Second floor - 421 Gilmour Street, Ottawa, ON - Indoor
Second floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Second floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Office
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Leading to Third floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Living Room
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor
421 Gilmour Street, Ottawa, ON - Outdoor
421 Gilmour Street, Ottawa, ON - Outdoor
New interlock 2022 - 421 Gilmour Street, Ottawa, ON - Outdoor With Exterior
New fence 2022 - 421 Gilmour Street, Ottawa, ON - Outdoor With Exterior
421 Gilmour Street, Ottawa, ON -
Recently installed wheelchair accessible ramp - 421 Gilmour Street, Ottawa, ON - Outdoor
6 parking spots - 421 Gilmour Street, Ottawa, ON - Outdoor
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Office
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Dining Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor With Fireplace
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Living Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Bathroom
Second floor - 421 Gilmour Street, Ottawa, ON - Indoor
Second floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Second floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Office
Main floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Leading to Third floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Other Room
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor Photo Showing Living Room
Third floor - 421 Gilmour Street, Ottawa, ON - Indoor
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  • Sun Mar. 16 2:00 PM - 4:00 PM
Home Insurance - TD Insurance
Get a home insurance quote online for this $1,649,000 property in Ottawa
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,649,000 property in Ottawa

Provided by TD Insurance
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421 GILMOUR STREET, Ottawa, Ontario, K2P 0R5
$1,649,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete
  • Heating Type: Hot water radiator heat
  • Cooling Type: Wall unit

Property Features:

  • Property Type: Multi-family
  • Features: Wheelchair access
  • Irregular: Yes
  • Lot Depth: 108.9 Feet
  • Lot Frontage: 44.3 Feet
  • Lot Size: 44.25 x 108.99 FT
  • Zoning: GM (General Mixed Use)
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX HALLMARK REALTY GROUP

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 421 GILMOUR STREET, Ottawa, Ontario, K2P 0R5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 421 GILMOUR STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 421 GILMOUR STREET , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past
319.2mm
2050
408.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 421 GILMOUR STREET, Ottawa, Ontario, K2P 0R5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$124,651.07

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.51 %

High school certificate or equivalent

18.56 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

3.21 %

University Degree

51.59 %

Commuter

Travel To Work

By Car

35.43 %

By Public Transit

19.65 %

By Walking

36.4 %

By Bicycle

2.59 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.03 %

Houses

9.97 %

Own Vs. Rent

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