307 Gilmour Street, Ottawa, photo 1 1 / 24

$2,500,000

307 Gilmour Street

Ottawa Centre, Ottawa, ON K2P0P7 · MLS® X14153354

  • 3Bathrooms
  • 6,863 square feetLiving area
  • 12Parking

About this property

Prime Downtown Ottawa Office Building for Sale. An exceptional opportunity for an owner-user or investor in the heart of downtown Ottawa. This standalone office building will be delivered vacant on closing as the current owner-occupier is relocating. The property is zoned for a wide range of commercial uses including diplomatic missions and medical offices, and also presents an excellent urban redevelopment opportunity. Existing zoning permits a building height of up to 23 meters, allowing for a mixed-use residential mid-rise with ground-floor retail. The building is BOMA-certified with 6,863 sq. ft. of usable/rentable area on a generously sized lot featuring 12 parking spaces. The main floor offers 1,701 sq. ft. with a reception area, boardroom, six enclosed offices, and a washroom. The second floor measures 2,029 sq. ft. and includes eight enclosed offices, an open bullpen area, and a washroom. The third floor includes four offices, a kitchenette, and access to the flat roof. Ideally situated within walking distance of the Elgin Street Courthouse, City Hall, and Parliament Hill, the property offers unbeatable accessibility. With a Walk Score of 100, Transit Score of 87, and Bike Score of 99, it is one of Ottawa's most connected urban addresses. Whether you are seeking a turn-key office building or a prime redevelopment site, this property offers exceptional potential and flexibility. (id:65933)

Type
Offices
Category
Office
Annual taxes
$19,577
Updated
Nov 6, 2026

Run the numbers

A quick investor's view. Change any figure; we'll do the full analysis with you.

Mortgage / mo–

Property tax / mo–

Net operating income / yr–

Cash flow / mo–

Cap rate–

Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Royal Lepage Integrity Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

Similar listings in Ottawa Centre