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:28469)
Property Details
| MLS® Number | 1417458 |
| Property Type | Retail |
| Neigbourhood | Centre Town |
| ParkingSpaceTotal | 4 |
Building
| SizeInterior | 5400 Sqft |
Land
| Acreage | No |
| SizeDepth | 62 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 Ft X 62 Ft |
| SizeTotalText | 50 Ft X 62 Ft |
| ZoningDescription | Commercial/mixed Use |
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October 22 2024 03:11:47
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.