356 Gilmour Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $849,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 31.06 x 100.9 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient water heating via gas
Description
Welcome to 356 Gilmour Street, a beautifully maintained century duplex offering historic charm, spacious living, and excellent income potential in one of Ottawa's most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating rental income from the other, this property offers flexibility and long-term value in the heart of Centretown.This classic brick duplex features two well-appointed units generating a combined monthly rental income of $4,004.48, increasing to $4,044/month effective August 1, 2026. The building offers approximately 2,048 sqft of interior living space (excluding basement).Unit 1 features a bright 1-bedroom, 1-bathroom layout with an enclosed rear porch and 1 parking space. Recent updates include fresh paint, a new toilet (2025), flooring improvements, and ongoing maintenance. Heat and water are included, with the tenant responsible for hydro.Unit 2 spans the second and third floors and offers 2 bedrooms plus an additional third-floor room ideal as a bedroom, office, or flex space. The unit includes 1 full bathroom, 1 half bathroom, and 1 parking space. Recent improvements include a new bathtub with ceramic tile surround (2025).Additional property upgrades include triple-glazed windows (2023), completed stacks, a boiler system (2021), and roof replacement (2016). Flooring throughout includes hardwood, vinyl plank, ceramic tile, and carpet.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. Minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and long-term tenants.Don't miss this opportunity to own a character-filled duplex in one of Ottawa's most vibrant neighbourhoods. Also available:360 Gilmour Street as an additional investment opportunity. Measurements are approx
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Pricing & Value Insights
Data-driven valuation for 356 Gilmour Street, Ottawa Centre, ON K2P 0R3
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $849,900 in Ottawa Centre, the legal minimum down payment is $59,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,473 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.