549 GLADSTONE AVENUE, Ottawa

2024-06-18
 

Quick Summary

Location
549 GLADSTONE AVENUE, Ottawa, Ontario K1R5N9
Price
$1,300,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
5400ft2

MLS®#1398134

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:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 5400 sqft

Land

  • Land Size: 50 ft X 62 ft

Ownership

  • Type: Freehold

Zoning

  • Description: Commercial/mixed use

Information entered by RE/MAX AFFILIATES REALTY LTD.
Listing information last updated on: 2024-06-18 04:51:05


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$500,000

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Sheila Forward-Davis REALTOR®

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(613) 883-8098
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