Welcome to 360 Gilmour Street, a beautifully maintained century duplex offering spacious living, strong rental income, and excellent long-term investment potential in one of Ottawa's most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating income from the other, this property offers versatility, valuable parking revenue, and long-term value in a prime Centretown location. This classic brick duplex offers approximately 1,880 sq. ft. of interior space and generates a combined monthly residential rental income of $4,128, plus an additional $700/month in parking revenue from surplus parking spaces. Unit 1 offers 1 bedroom, 1.5 bathrooms, 1 parking space, and an enclosed backyard porch. Unit 2 features 3 bedrooms, 2 bathrooms, and 1 parking space, providing flexible living arrangements attractive to long-term tenants. Heat and water are included in both units, with tenants responsible for hydro. A rare feature for downtown Ottawa, the property includes 9 total parking spaces, creating additional revenue potential and enhancing long-term value. Major upgrades include triple-glazed windows (2023), boiler system (2024), roof replacement (2013), replaced plumbing stacks, R12 foam insulation in the basement (2017), and ongoing improvements throughout ownership, offering peace of mind and reduced future capital costs. Located in the heart of Centretown, residents enjoy walking access to Bank Street and Elgin Street, with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Just minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and quality tenants. Don't miss this opportunity to own a character-filled duplex in one of Ottawa's most vibrant neighbourhoods. Also available: 356 Gilmour Street as another excellent investment opportunity. Measurements are approximate.
360 Gilmour Street - Charming Century Duplex with Income & Parking Revenue in Centretown. This beautifully maintained 2-storey charming century duplex offers the perfect blend of heritage character, modern upgrades, and strong rental income-just one block from Bank Street. With two spacious units and rare on-site parking revenue, 360 Gilmour is a turnkey opportunity in one of Ottawa's most walkable neighbourhoods. Main Unit: 1 bedroom, 1.5 bathrooms Rented at $1,589.53/month (includes 1 parking space) and an enclosed backyard porch. Upper Unit: 3 bedrooms, 2 bathrooms Spans the 2nd and 3rd floors. Rented at $2,454.88/month (includes 1 parking space). Renovations and upgrades include : New windows (2023); Stacks replaced; Roof (2013); Boiler (2024); R12 foam insulation in basement (2017); Ongoing unit improvements over the years. Parking : 9 total parking spaces: 2 included with residential units; 6 currently rented on month-to-month contracts. Current parking income: $595/month. Total monthly rental income (units + parking): $4,639.41+. Strong cash flow with low-maintenance capital upgrades completed. Ideal for investors or owner-occupiers seeking income support. Also available is 356 Gilmour Street.
TREB #X11982425
Jul 1, 2025
Delisted
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Feb 21, 2025
Listed
$919,000
As the MLS and public records start to fill up, we'll list the details here.