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:4069)
| Address |
549 GLADSTONE AVENUE |
| List Price |
$1,300,000 |
| Property Type |
Retail |
| Area |
Ontario |
| Sub-Area |
Ottawa |
| Floor Area |
5,400 Sq. Ft. |
| Lot Size |
50 ft X 62 ft Sq. Ft. |
| MLS® Number |
1417458 |
| Listing Brokerage |
RE/MAX AFFILIATES REALTY LTD.
|
| Postal Code |
K1R5N9 |
| Zoning |
Commercial/mixed use |
