• 547 GLADSTONE AVENUE
  • 547 GLADSTONE AVENUE
547 GLADSTONE AVENUE, Ottawa, Ontario, K1R5N9
Property TypeRetail

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 AS AN INTERNET CAFE AT $3000/MONTH. THE SECOND FLOOR HAS 2 APARTMENTS. THIS BUILDING ALSO HAS AN ADDRESS OF 501 BAY ST AND 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 floor this building will have potential yearly gross rent of $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:26541)


Details
OwnershipFreehold Parking Spaces4
TransactionFor sale Zoning DescriptionCOMMERCIAL/MIXED USE
Building
Bathrooms (Half)0 Bathrooms (Total)0
Land
Size Frontage50 ft Size Depth62 ft
Size Irregular50 ft X 62 ft

Listing Office: DETAILS REALTY INC.

Data Provided by Ottawa Real Estate Board

Last Modified :11/02/2019 05:13:57 PM

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