549 Gladstone Avenue Ottawa, Ontario K1R 5N9
$1,300,000
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:43934)
Property Details
| MLS® Number | 1398134 |
| Property Type | Retail |
| Neigbourhood | Centre Town |
| Parking Space Total | 4 |
Building
| Size Interior | 5400 Sqft |
Land
| Acreage | No |
| Size Depth | 62 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 Ft X 62 Ft |
| Size Total Text | 50 Ft X 62 Ft |
| Zoning Description | Commercial/mixed Use |
https://www.realtor.ca/real-estate/27055202/549-gladstone-avenue-ottawa-centre-town
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June 18 2024 04:51:05
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.