421 GILMOUR STREET
Ottawa, Ontario K2P0R5

$1,649,000

ID# X11983849
OPEN HOUSE: Mar. 09, 02:00 PM - 04:00 PM
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%, 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. (id:25961)

ROSS LECKY

SALES REPRESENTATIVE

Office: 613-592-6400

rosslecky@royallepage.ca

Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: February 19, 2025

On market: 13 days
Cooling Type Partially air conditioned
Heating Type Hot water radiator heat
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Address Price Bed Bath SqFt Area Sub Area Brokerage
199 SLATER STREET Ottawa
199 SLATER STREET
 $2,300 1 1 Ottawa ROYAL LEPAGE TEAM REALTY
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701 - 158B MCARTHUR AVENUE
 $309,900 2 1 Ottawa KELLER WILLIAMS INTEGRITY REALTY
1313 - 224 LYON STREET N Ottawa
1313 - 224 LYON STREET N
 $1,650 - 1 Ottawa ROYAL LEPAGE TEAM REALTY
201 - 115 ECHO DRIVE Ottawa
201 - 115 ECHO DRIVE
 $2,550 1 1 Ottawa COLDWELL BANKER FIRST OTTAWA REALTY
7 - 277 BIG SKY Ottawa
7 - 277 BIG SKY
 $429,900 2 1 Ottawa PAUL RUSHFORTH REAL ESTATE INC.
215 - 1655 CARLING AVENUE Ottawa
215 - 1655 CARLING AVENUE
 $1,820 1 1 Ottawa COLDWELL BANKER SARAZEN REALTY
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ROSS LECKY

SALES REPRESENTATIVE

Direct: 613-447-7676

rosslecky@royallepage.ca

Royal LePage Team Realty

484 Hazeldean Road

Kanata ON K2L 1V4

Office: 613-592-6400

Toll Free: 1-800-307-1545

2019

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