161-163 Gilmour Street, Ottawa Centre, ON K2P 0N8
4104 - Ottawa Centre/Golden Triangle, Ottawa Centre · Near Somerset Street W and Elgin St · View map
About this home
Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.83%. It has been continuously occupied since the current owner's purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city.
The home
- Type
- Multiplex
- Style
- 3-Storey
- Square footage
- 5000 + sq ft
- Bedrooms
- 9
- Bathrooms
- 6
- Kitchens
- 5
- Rooms
- 5
- Basement
- Full, Unfinished
- Lot size
- 50.1 x 109 ft
- Faces
- North
- View
- Park/Greenbelt
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Water
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $14,711/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Somerset Street W and Elgin St
- Neighbourhood
- 4104 - Ottawa Centre/Golden Triangle
More
- MLS® number
- X14020934
No matching details. Ask Will instead
The home and its surroundings
- Intercom
- Separate Heating Controls
- Separate Hydro Meter
- Storage
- Public Transit
- Rec./Commun.Centre
- Park
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
161-163 Gilmour Street, Ottawa Centre, ON K2P 0N8
4104 - Ottawa Centre/Golden Triangle, Ottawa Centre · Near Somerset Street W and Elgin St
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 161-163 Gilmour Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 161-163 Gilmour Street
Answers come straight from this home’s MLS® listing.
How much is 161-163 Gilmour Street listed for, and what would it cost each month?
161-163 Gilmour Street is listed for $1,999,000. With 20% down ($399,800), the mortgage payment would be roughly $8,063 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,289 a month, all in. That figure is an illustration, not a quote.
Is 161-163 Gilmour Street freehold or a condo, and is there a monthly fee?
161-163 Gilmour Street is a multiplex in 4104 - Ottawa Centre/Golden Triangle, Ottawa Centre. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 161-163 Gilmour Street have?
161-163 Gilmour Street has 9 bedrooms and 6 bathrooms. The listing gives the style as 3-storey.
Does 161-163 Gilmour Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 161-163 Gilmour Street have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 161-163 Gilmour Street?
161-163 Gilmour Street is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 161-163 Gilmour Street, and what is the lot size?
The lot is listed as 50.1 x 109 ft.
How is 161-163 Gilmour Street heated and cooled?
Heating is water (gas). The listing does not show air conditioning.
What are the property taxes for 161-163 Gilmour Street?
Property taxes are $14,711 a year (2026), or about $1,226 a month.
Where is 161-163 Gilmour Street?
161-163 Gilmour Street is in the 4104 - Ottawa Centre/Golden Triangle community of Ottawa Centre. The nearest main intersection is Somerset Street W and Elgin St. The postal code is K2P 0N8.
Is 161-163 Gilmour Street still for sale?
Yes. It is an active listing (MLS® X14020934). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 161-163 Gilmour Street asking?
Similar properties for sale nearby right now include 64 Delaware Avenue at $2,100,000 (5+1 bed), 14 Somerset Street W at $1,425,000 (5 bed) and 33 Argyle Avenue at $1,479,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 161-163 Gilmour Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 161-163 Gilmour Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4104 - Ottawa Centre/Golden Triangle, picked by style, size and price.
Multiplex$2,100,00064 Delaware Avenue, Ottawa Centre5+1 bed · 5 bath · 4104 - Ottawa Centre/Golden TriangleCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Triplex$1,425,00014 Somerset Street W, Ottawa Centre5 bed · 3 bath · 4104 - Ottawa Centre/Golden TriangleCourtesy of: EXIT REALTY MATRIXView home →
Fourplex$1,479,90033 Argyle Avenue, Ottawa Centre4 bed · 4 bath · 4104 - Ottawa Centre/Golden TriangleCourtesy of: REAL BROKER ONTARIO LTD.View home →Courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.