$1,400,000
FOR SALE

Commercial/Retail

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)
Share
Listed By RE/MAX AFFILIATES REALTY LTD.
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1375195
Last Updated Jan 25, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood Centre Town
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

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
Building
Land
Total Size 50 ft X 62 ft
Size of Irregular Land 50 ft X 62 ft

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)