Multi-unit
$884,900
360 Gilmour Street
Ottawa Centre, Ottawa
- 4 bd
- 4 ba
- Duplex
1 / 18
$1,475,000
Ottawa Centre, Ottawa, ON K1R5K7 · MLS® X14155314
Exceptional five-unit investment opportunity in the heart of Centretown! Ideally situated in one of Ottawa's most desirable urban neighbourhoods, this income-producing property features a versatile unit mix, including one spacious 3 bedroom, 2 bathroom unit with in-suite laundry and four 1 bedroom, 1 bathroom units with shared laundry facilities. Just steps from an array of shops, restaurants, cafés, parks, and public transit, the property offers tenants the convenience and walkability of downtown living. With five individual units, multiple income streams, and a sought-after location, this property presents an excellent opportunity to expand an existing portfolio or enter the multifamily investment market. (id:65933)
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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 Team Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.