Linda Hewson,

Sales Representative

Direct: 613-812-8037 |

Office Listings

Main Photo: 547 GLADSTONE AVENUE in Ottawa: Retail for sale : MLS®# 1134484
Status:
Active
Prop. Type:
Retail
MLS® Num:
1134484
547 GLADSTONE AND 501 BAY ST. IS A RESIDENTIAL/COMMERCIAL PROPERTY LOCATED IN CENTRE TOWN AT THE CORNER OF GLADSTONE AND BAY STREET. MAIN FLOOR IS LEASED AT $3000/MONTH. THE SECOND FLOOR HAS 2 APARTMENTS. THIS BUILDING ALSO HAS AN ADDRESS OF 501 BAY ST AT WHICH THERE IS A THIRD APT. TOTAL GROSS RENT IS $76,800 WITH A NET INCOME OF $52,600 PER YEAR ( Please note that with some renovations on second level this buildings potential yearly gross rent can become $96,600 and after all expenses the NET INCOME $73,200 PER YEAR ) THE LOT ON THE SIDE OF PROPERTY PROVIDES PARKING FOR 4 CARS AND FOR FUTURE EXPANSION OF BUILDING. (id:2493)
Property Type:
Retail
Transaction Type:
For sale
Zoning:
COMMERCIAL/MIXED USE
Ownership Type:
Freehold
Community:
CENTRETOWN
Number of bathrooms:
0.0
Half Bathrooms:
0
Fireplace:
No
Lot Frontage:
50'
Lot Depth:
62'
Lot Size:
50 ft X 62 ft
Lot Details:
50 ft X 62 ft
Total Parking Spaces:
4
  • Photo 1: 547 GLADSTONE AVENUE in Ottawa: Retail for sale : MLS®# 1134484
    Photo 1 of 2
  • Photo 2: 547 GLADSTONE AVENUE in Ottawa: Retail for sale : MLS®# 1134484
    Photo 2 of 2
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Listing information last updated on January 15, 2019 at 02:36 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$1,272,450
Min list price:
$96,000
Max list price:
$4,600,000
Avg days on market:
38
Min days on market:
2
Max days on market:
1,565
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
LINDA HEWSON, Sales Representative
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.