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$ 1,300,000
Est. payment /mo
Active
549 GLADSTONE AVE Ottawa, ON K1R 5N9
UPDATED:
Key Details
Property Type Other Types
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1417458
Annual Tax Amount $9,874
Tax Year 2018
Property Sub-Type Retail
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.
Location
Province ON
Listed by RE/MAX AFFILIATES REALTY LTD.