549 GLADSTONE AVENUE Active

Ottawa,ON K1R5N9

$ 1300000

- Bed

- Bath

5400 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $240

Subdivision Centre Town

MLS Listing ID 1417458

Originating Board Ottawa Real Estate Board

Property Description

INVESTMENT OPPORTUNITY! Amazing location Incredible opportunity to own a property minutes away from the heart of the City. Income property located in heart of downtown Ottawa. 547 and 501 Bay is residential/commercial property. Located in the bustling and not far from lively Little Italy, This is an excellent income generating property this property could also be transformed into a multi-unit building with a commercial space on mail floor .currently Main floor has a cafe and Second floor has 2 of 2 two bedroom apartments. This building also has an address of 501 Bay St as a third one bedroom apartment. Total gross rent is 97,200. All the residential units have been fully renovated and rented. The lot on the side of the property provides 4 parking. It also has a full basement can be turned into another use with separate entrance. Commercial unit located on main floor and additional income with 3 residential apartments units makes it unique. 24 hr irrevocable on all offers. (id:24570)

Location

Province ON

Exterior

Garage No

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold

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