Lot: 50 x 62 ft

549 Gladstone Avenue
Ottawa, ON K1R 5N9 | Centre Town

PREMIER 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:47421)
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1375195
Last Updated Jan 25, 2024
Property Summary
Property Type Commercial/Retail

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Neighbourhood Centre Town
Price History

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Detailed Information
Lot 50 x 62 ft
Listing Contract Date 2024-01-25
Municipal ID 041200285
Ownership Type Freehold
# of Parking Spaces 4
Property Type Retail
Transaction Type For sale
Zoning Description Commercial/mixed use
Total Size 50 ft X 62 ft
Size of Irregular Land 50 ft X 62 ft

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