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Price Change$824,888

34 Gilmour Street

4104 - Ottawa Centre/Golden Triangle, Ottawa Centre

$799,000

Detached|3-Storey
5 | 4 | 2
About this home

Location!Location!Location! Steps to the Rideau Canal. 3-storey detached home in downtown Ottawa is nestled in the heart of the Golden Triangle, an excellent investment opportunity in one of our city's most walkable and consistently sought after locations.Currently 5 bedroom 3.5 bathroom offering great curb appeal and would be an amazing home for young professionals and snow birds. 1st floor offers 2 bedrooms that were previously used as living and dining area and would be easy be easy open again, a family room, large kitchen with eat-in area. 2nd level offers a large primary bedroom with a 3-piece ensuite and access to a private deck, a second bedroom that also includes its own 3-piece ensuite, while centrally located laundry on the 2nd level that adds everyday convenience. 3rd level provides a bonus bedroom with a 3-piece bath, offering excellent potential as a private primary retreat, guest suite, or additional income-generating space. Outside, the fully fenced yard with a stamped concrete patio delivers low-maintenance outdoor living and added appeal. Investors take note of this 3-story home ideal for multi-unit conversion to maximize future rental income. Boasting spacious interiors, high ceilings, hardwood on main level this home is just waiting for some new paint and minor updates to make it shine! This home by the Rideau Canal is special offering rarely available large private deck, parking and a flexible indoor layout...the possibilities are endless! Minutes to Ottawa University, DND with the new footbridge and walkable to Parliament and the NAC, with all of Ottawa's downtown charm and amenities this a strategic acquisition for any downtown investors portfolio and downtown dwellers alike, this property delivers on both location and long-term return.Steps to the Ottawa University foot bridge, Elgin Street & major employment hubs, this property benefits from strong tenant appeal and long-term appreciation potential. Some pictures have been AI touched up.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,001
Lot Size37 ft x 47 ft
mls© NumberX13547374
Listed ByFIRST CHOICE REALTY ONTARIO LTD.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$667
Heat allowance
$150
Housing costs
$4,906 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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