• Mobile: 416-949-2626
  • Office: 416-293-8500
  • Fax: 905-913-8585

$1,779,000
Available - For Sale
Listing ID: X12764910
245 Bay Street , Ottawa Centre, K1R 5Z4, Ottawa


Exceptional Investment Opportunity! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtownOttawa. Benefting from dual frontage and two separate addresses on both streets . It is surrounded by several high apartment buildings. In adensely populated neighborhood, it offers access to top-rated public schools, parks, and recreational facilities. The location is highly convenient,with bus stops and the OLRT-Lyon light rail station within walking distance.The property spans 3,300 square feet, upstairs with 5 0fces/bedrooms (suitable for use as ofces, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The frst foor is currently operating asa grocery store, but can easily be adapted for other uses. A total of 12 parking spaces are available, with 7 at the rear currently rented out foradditional rental incomes with 2200 square feet area. With ample parking, excellent transportation access, and versatile usage options, this is aturnkey investment-don't miss out on this rare opportunity! Owner can offer second mortgage choice to buyer.
Price $1,779,000
Taxes: $17050.00
Tax Type: Annual
Occupancy: Owner+T
Address: 245 Bay Street , Ottawa Centre, K1R 5Z4, Ottawa
Postal Code: K1R 5Z4
Province/State: Ottawa
Directions/Cross Streets: Cross in Bay street and Gloucester Street
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 3300.00
Total Area Code:  Square Feet
Office/Appartment Area: 1700
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: Thursda
Employees #: 0
Seats: 0
Sprinklers: No
Washrooms: 0
Outside Storage: F
Heat Type: Gas Hot Water
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER FIRST OTTAWA REALTY
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Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
 
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At a Glance:
Type: Com - Commercial Retail
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4102 - Ottawa Centre
Style:
Lot Size: x 50.00(Feet)
Approximate Age:
Tax: $17,050
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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