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$ 899,900
Est. payment | /mo
4 Beds
4 Baths
1,500 SqFt
$ 899,900
Est. payment | /mo
4 Beds
4 Baths
1,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Square Footage 1,500 sqft
Price per Sqft $599
Subdivision 4103 - Ottawa Centre
MLS® Listing ID X13168474
Bedrooms 4
Half Baths 1
Property Description
Welcome to 360 Gilmour Street, a beautifully maintained century duplex offering spacious living, strong rental income, and excellent long-term investment potential in one of Ottawa's most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating income from the other, this property offers versatility, valuable parking revenue, and long-term value in a prime Centretown location.This classic brick duplex offers approximately 1,880 sq ft of interior space and generates a combined monthly residential rental income of $4,044.41, increasing to $4,128/month effective August 1, 2026, plus an additional $700/month in parking revenue from surplus parking spaces. Unit 1 offers 1 bedroom, 1.5 bathrooms, 1 parking space, and an enclosed backyard porch. Unit 2 features 3 bedrooms, 2 bathrooms, and 1 parking space, providing flexible living arrangements attractive to long-term tenants. Heat and water are included in both units, with tenants responsible for hydro.A rare feature for downtown Ottawa, the property includes 9 total parking spaces, creating additional revenue potential and enhancing long-term value.Major upgrades include triple-glazed windows (2023), boiler system (2024), roof replacement (2013), replaced plumbing stacks, R12 foam insulation in the basement (2017), and ongoing improvements throughout ownership, offering peace of mind and reduced future capital costs.Located in the heart of Centretown, residents enjoy walkingaccess to Bank Street and Elgin Street with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Just minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and quality tenants. Don't miss this opportunity to own a character-filled duplex in one of Ottawa's most vibrant neighbourhoods. Also available 356 Gilmour St. as another excellent investment opportunity. Approx-Dim. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Other 1.87 m X 3.65 m Foyer
Extra Room 2 Other 2.94 m X 3.91 m Kitchen
Extra Room 3 Other 3.25 m X 2.69 m Bedroom
Extra Room 4 Other 3.12 m X 3.96 m Living room
Extra Room 5 Other 3.04 m X 4.06 m Bedroom
Extra Room 6 Other 2.84 m X 3.91 m Bedroom 2
Interior
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 9
Garage No
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by EXP REALTY
Nearby Locations
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Nick Palumbo
Agent | License ID: 5043946