421 Gilmour St
Ottawa Centre, Ottawa
$1,649,000
Buy with Dwelly and Save $16,490
Home Details
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Listing Description
This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5.5%. This zoning allows for a wide range of uses, including conversion into a multi-unit (triplex, fourplex, or more) to secure your retirement while enjoying a positive cashflow investment. A new roof installed in 2020 and full interior/exterior renovation (2022), including new luxury vinyl flooring, soundproofing, and updated electrical systems, ensure minimal maintenance costs. On-site parking for 6-7 cars would generate extra income, supplemented by ample street parking and a wheelchair accessible ramp, adds significant value and convenience to tenants. This prime location, combined with the extensive renovations, flexible GM zoning, and strong income potential, makes this property a truly rare find.
City: Ottawa
Neighborhood: Ottawa Centre
Property History
Rooms
Room dimensions for 421 Gilmour St, Ottawa
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 421 Gilmour St is 10274
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1649000 |
| Down Payment | $329800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1319200 |
Monthly Payment
| Mortgage Payment | $8129 |
| Property Taxes | $2145 |
| Maintenance Fees | $0 |
| Monthly Payment | $10274 |
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About 421 Gilmour St, Ottawa
Located at 421 Gilmour St , this Ottawa house is available for sale. This property was listed for $1,649,000 on Fri Mar 28 2025. This house's size is 44.25 x 108.99 Feet. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 421 Gilmour St, Ottawa is situated in the Ottawa Centre neighbourhood.
MLS#: X11986538 · $1,649,000 · null bedroom house in Ottawa Centre, Ottawa