1 / 32
Investment signal

$974,999

34 GILMOUR STREET

Save this home

Beds

5

Baths

4 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Price Reduced! Located in the heart of downtown Ottawa and steps to the Rideau Canal. The Golden Triangle presents a compelling investment opportunity in one of our city's most walkable and consistently sought after locations. This 5 bedroom 3.5 bathroom property offers great curb appeal and would be an amazing home for young professionals and snow birds. The first 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. The second 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. The third 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 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! For the area this home 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. Just steps to the Rideau Canal, Elgin Street, downtown core, and major employment hubs, this property benefits from strong tenant appeal and long-term appreciation potential. Tenant occupied. 24hours notice required for all showings. (id:65958)

Subtype
Single Family
Structure
House
Community
4104 - Ottawa Centre/Golden Triangle
Common interest
Freehold
Lot dimensions
37 x 47 FT
Bedrooms
5 above grade
Parking
2 total
Stories
3
Fireplace
Yes
On market
Apr 3, 2026
Status changed
Apr 24, 2026
Annual tax
$8,001 (2025)
Photos
32
MLS#
X12956080
Area
OTTAWA

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Heating

Baseboard heatersForced airNot knownNot knownOilElectric

Cooling

None

Exterior

Stucco

Foundation

Unknown
Negative cash flow ~$1,067/mo at these assumptions

Cash on cash

-6.56%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,998

Financing

Down payment$195,000
Loan amount$779,999
Mortgage$3,952/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$447
Insurance$80
Maintenance$812
CapEx reserve$406
Vacancy loss$244

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,952/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.