Commercial Real Estate for Sale
41 Listings
**Listing price is one building only** Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 more units(in the lower levels!), 3 buildings are side-by-side on 3 large lots offering you 12 x 2 bedroom apartments and 6 x 1 bedroom apartments. Rents are low but have potential for increasing. 15 min bus ride to the University of Ottawa and Parliament Hill! Each building was recently(2022) appraised for $1,500,000 each. ($4,500,000 for all 3 buildings). Call today! Please visit the REALTOR website for further information about this Listing.
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Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 more units(in the lower levels!), 3 buildings are side-by-side on 3 large lots offering you 12 x 2 bedroom apartments and 6 x 1 bedroom apartments. Rents are low but have potential for increasing. 15 min bus ride to the University of Ottawa and Parliament Hill! Each building was recently(2022) appraised for $1,500,000 each. ($4,500,000 for all 3 buildings). Call today! Please visit the REALTOR website for further information about this Listing.
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Excellent Investment Opportunity in a High-Traffic Plaza! Discover a well-established 6 store plaza located in one of Ottawa's busiest and most visible location on McArthur Avenue. This great plaza generates an impressive gross income of $256,000 +HST , offering strong and consistent returns for the owner. This great property has a cap rate of approx. 5.0! Surrounded by many popular neighboring businesses like Toyota and Lexus dealer, the location benefits from continuous foot traffic, great exposure, and a loyal customer base. Whether you're an investor or an owner-operator, this is a rare chance to take over a thriving business in a vibrant commercial area with plenty of growth potential. Financials provided only after an NDA signed. Don't miss out on this solid, turnkey opportunity! Call today!
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Fully-leased mixed-use building on corner lot. Tenants pay their own hydro, separate meters (four), Natural Gas boiler/ radiators (replaced 2020).Roof replaced 2009 and 2022, Windows replaced 2005. Second floor units have fridge, stove, washer and dryer (apts #1 & #2). Foundation repaired and new cement veranda with metal roof 2020. All Units renovated (electrical and plumbing) in the last five years. Main tenant on leases. Commercial tenants pay their portion of property taxes. Zoned mixed use (commercial & residential).Existing mortgage is at residential rate. Total expenses are $19,057.94 (including taxes, insurance & utilities, & maintenance). The total annual gross income is approx. $108,000.00 and the total annual net income is approx. $88.942.06
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15,646.08 sq ft lot with I1A(8)H(9) zoning, offering excellent potential for redevelopment. Located near Ottawa's downtown core, university, public transit, and essential amenities. Ideal for developers considering a multifamily residential build. Zoning may require amendment to accommodate future residential use. Property available immediately.
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Prime Commercial Investment - 171-179 Montreal Road (Vanier)Well-maintained multi-tenant commercial building in the heart of Vanier. Features 5 leased business units, strong main-street exposure, and parking for approx. 10 vehicles. Solid, older structure with consistent upkeep. Located along an active commercial corridor close to shops, services, transit, and just minutes from downtown Ottawa and Parliament Hill. Excellent turnkey investment with reliable income and long-term potential.
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Amazing opportunity to own and either redevelop or renovate on a 50 X 95 FOOT lot in an incredibly central location! So many options for this lot/duplex. The current zoning (R4UA) allows up to 8 units on this lot with proposed zoning potentially allowing for even more flexibility. The existing duplex offers 2 units; one on the main level, the other on the second level. The main level unit features a large living and dining area, spacious kitchen, 3 bedrooms and a full bathroom with soaker tub as well as a 2 piece powder room. The upstairs unit with separate side entrance offers a living room with large window, apartment-style kitchen, 2 bedrooms, and 1 bathroom. The exclusive driveway easily fits 2 vehicles plus there is plenty of street parking. Whether you renovate or infill, the potential of this property is plentiful. Walking distance to parks, schools, shopping, dining, public transit, St. Laurent Complex, the public library, and more. Roof 2014. Book your showing today! **Note: property address is 383 Montfort Street in Google Maps. Property being sold as is, where is. Floor plan attached.
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DEVELOPERS WELCOME! Prime Infill Development Opportunity! Rarely offered, this centrally located lot is permit-ready with approvals in place for a 3-storey + lower level, 10-unit building plus a demolition permit. The thoughtfully designed site plan features five 2-bedroom units, four 1-bedroom units, and one 3-bedroom unit, catering to a wide range of housing needs. Every unit on the 2nd and 3rd floors includes a private balcony, enhancing livability and rental appeal. Zoned R4E, the property is perfectly aligned with strong local demand for multi-unit housing and city-supported intensification initiatives. Just minutes from downtown, schools, parks, and shopping, this project offers excellent rental or resale potential. Floor plans are attached to the listing for review. Building permit plans available with accepted offer.
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Excellent 12 unit building with great income and potential to increase rents. Great unit mix. Plenty of parking on this large lot. Great interest rate on the existing first mortgage which may be assumed @ 3.03% due June 1, 2030.
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39 McArthur Avenue offers 19,660 SF of office space across two floors on a 0.38-acre site in central Ottawa, just minutes from the Rideau River. The property features an accessibility elevator, multiple staircases, and a near walk-out lower level, with excellent street visibility and convenient access to transit and area amenities. Zoned TM (H23) - Traditional Mainstreet, the site allows for numerous permitted uses while also presenting strong redevelopment potential in a rapidly evolving corridor surrounded by significant new development. Ideal for an owner-occupier, investor, or developer seeking a versatile asset in a prime urban location.
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Purpose Built FOURPLEX Investment All Brick Building with a 5.7% Cap Rate! Fully rented with all tenants paying their own Hydro. The building features a well-balanced unit mix: 3-Bedroom, 2-Bedroom, 1-Bedroom, and Bachelor! All Apartments have a Full Kitchen with 1 Full Bathroom. Shared Laundry space along with a large driveway that can fit up to 6+ Cars! A Detached Garage for extra storage along with a shared Backyard. Located quietly in Vanier across Richelieu Vanier Park with new Sidewalks and close to Corner Stores, Grocery Stores, Transit, Parks and minutes to Downtown. Owner pays Heat, Water/Sewer and Common Hydro. Renovated Unit 2 in 2024, LVP Front Stairs 2024, Natural Gas Furnace 2022, Front Door 2024, Multiple Windows 2024 & 2025, All Electric Hot Water Tanks Owned. 5 Hydro Meters, 1 Gas Meter. This is an income-producing property in a desirable and growing area. Complete financials and details are available. BOOK YOUR SHOWING TODAY! Interior Photos are prior to tenants occupancy*
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An exciting opportunity to own a well-established Kumon Math and Reading Centre in Ottawa. This franchise-based business is part of one of the worlds most recognized and trusted education brands, with a proven system that has helped millions of students worldwide. Location Advantage: Conveniently located in a family-friendly Ottawa neighborhood, with stable and loyal clientele. Flexible Operation: Open only 4 days a week, with a manageable schedule of 2225 hours, allowing for excellent work-life balance. Strong Profitability: The business generates consistent, healthy profits with room for further growth. High Growth Potential: With Ottawas growing population and increasing demand for quality after-school programs, this centre is well-positioned to expand its student base. Franchise Support: As part of Kumons global network, youll receive comprehensive training, marketing support, and ongoing guidance from head officemaking this a low-management, high-return investment. Highlights:Reputable brand with decades of proven success.Stable student enrollment and recurring revenue.Low overhead and efficient operation.Ideal for entrepreneurs, families, or education-minded investors.Dont miss this chance to step into a thriving, community-driven business with strong franchise backing.
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** TO BE CONSTRUCTED 6-plex** Opportunity knocks! Investors and developers welcome! Renovate or develop on this 50 x 100 R2 lot, positioned on a quiet street in an area well-suited for infill and multi-unit development. Just steps to Richelieu Park and Community Centre, walking distance to Beechwood Village shops and restaurants, and offering easy access to downtown, the Rideau River pathways, and a short 5-minute drive to Montfort Hospital. The existing home features hardwood and carpet flooring and is being sold in as-is condition. Developers and investors take note plans are available for a 6-plex development.
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Landmark mixed-use building (restaurant and apartments) for sale in Beechwood Village! Perfect opportunity for a restaurant/business owner to own and occupy their place of business while living in or collecting rental income from two apartments (1 bedroom & 1 bedroom+den) on the second floor. Servicing Ottawa's Rockcliffe Park, Manor Park, Lindenlea, New Edinburgh, and Vanier neighborhoods and steps from hundreds of newly constructed and planned residential units along Beechwood Avenue which will continue adding to the growing customer base in the area, where limited options exist for business owners looking to own their space. Diligently maintained property comes with complete restaurant fixtures and is licensed for 57 indoor seats, plus the option for an additional 58 seats on the second storey outdoor patio. Walk-in freezer and ample storage space in basement.
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Own the Block!!! Prime Vanier-North Land Assembly with Exceptional Income & Redevelopment Potential. A rare and strategic opportunity to secure four side-by-side multi-family parcels at 244, 250, 256 & 258 Hannah Street in Ottawa's rapidly evolving Vanier-North. Together, they span approximately 18,100 sq. ft. with an impressive 181 feet of frontage just steps from the revitalized Montreal Road corridor. Currently improved with a legal duplex and three legal triplexes, the site delivers 11 fully tenanted units. Suites range from bachelors to spacious 4-bedroom layouts, providing strong, diversified rental appeal. The property features a large paved parking lot between 250 & 256 Hannah and over 24 on-site parking spaces, a rare commodity in the core. Two detached garages add valuable storage income potential and are currently owner-occupied. Zoned R4UA-c, the site is primed for higher-density redevelopment. For visionary investors, theres the potential to expand further by incorporating adjacent 242 Hannah (50-foot lot) and 232-234 Hannah (MLS# X12314321, 40-foot lot), creating a contiguous 270-foot frontage and approximately 27,100 sq. ft. redevelopment footprint. This is an unmatched opportunity to hold for income, improve for stronger returns, or redevelop at scale in Ottawa's urban core. Assemblies of this size, zoning, and location rarely come to market and when they do, they don't last long. The possibilities are endless, secure your stake in Vanier's transformation today. Full financials available upon request. Property is being sold "as-is, where is". No warranties or representations from the seller.
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This well-established and fully licensed cannabis retail location offers a strong foothold in a fast-growing industry. Featuring a modern, inviting storefront with a wide selection of quality cannabis products, accessories, and knowledgeable staff, this business attracts a loyal customer base and benefits from steady, growing sales.
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Great opportunity to invest in a fully leased multi-family property with 2 x Three Bedroom units and a third unit Bachelor. Main floor offers a well maintained Three Bedroom unit with lots of natural light. Lower Level has a Three Bedroom unit and a Bachelor unit. Double garage for additional rental income. Walk to parks, recreation centre (St. Laurent Complex), shops and restaurants in the revitalized Quartier Vanier. Easy access to public transit, HwY 417 and the Byward Market. 2 Hydro meters. 4 exterior parking on interlock surface. Lower level units need TLC. Taxes and building area estimated. Buyer to verify all info. All viewing requests through Listing Agent.
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Welcome to 267 Lalemant. A turn-key, 4-unit multifamily property delivering strong returns with a 6.8% cap rate. Property features: 1 x1 bedroom, 2 x 2 bedrooms and 1 x 3 bedrooms. Located in a high-demand R4UA-zoned area, this well-maintained building offers investors immediate cash flow and long-term growth potential. With a smart unit mix that maximizes rental income, this property is a perfect fit for both seasoned investors and those looking to grow their portfolio. Situated in one of Ottawa's most desirable neighborhoods, it offers easy access to transit, amenities, and a consistent tenant pool. Low maintenance and high-performing, this is a rare chance to secure a solid asset in a thriving rental market.
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Investment Opportunity: Two Triplexes each with an additional non complying basement unit with Strong Cash Flow, each apartment is comprised of 3-bedroom, 2-bathroom. These modern apartments feature open-concept living spaces, stainless steel appliances, and in-unit laundry offering comfort and convenience for tenants. Ideally located near amenities, public transit, and recreational facilities, this property boasts over $240,000 in gross annual revenue, making it a strong income-generating asset. Property sold AS IS, WHERE IS. There is a 48hr Right of First Refusal.
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Commercial building in excellent condition and a well-designed use of space. 1420 sq feet of fully furnished office space on three levels consisting of a vast reception area, four offices, two on the main level with a 2-piece bathroom and two on the second floor. Large boardroom in the basement with a 3-piece bathroom with a shower, a kitchenette and a storage area. Industrial wall-to-wall carpeting in the boardroom, staircase and second floor. Vinyl plank on the main floor, staircase to the basement and in the kitchenette. 5 paved parking spots at the rear of the building with a private driveway. Water backflow valve installed in 2022 as per City By-Law. Excellent signage visibility from busy McArthur Ave. Transitional Mainstream zoning permits a wide range of uses, including retail, offices, medical facilities, restaurants, and take-out establishments. Newer windows and additional insulation in the attic. New roof in 2009.
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An exceptional opportunity to acquire a well-performing multi-family asset in one of Ottawa easts most desirable neighbourhoods. 5 Wolff Street features two low-rise multi-family buildings comprising a total of sixteen fully leased units, complemented by an on-site parking lot. This is a turnkey investment offering immediate, stable cash flow with strong potential for future rental growth and value appreciation. The excess land additionally provides Buyers with the opportunity to increase the density on the site through redevelopment. Tucked away on a quiet, tree-lined street, the property is ideally located just minutes from major transit corridors and public transportation, providing seamless access to the downtown core. The surrounding area is rich with amenities, including nearby schools, public parks, and scenic walking and cycling paths along the Rideau River. Residents also enjoy being steps from the Rideau Sports Centre and Real Canadian Superstore, enhancing the everyday convenience of the location. This neighbourhood is highly attractive to students, young professionals, and families alike - those seeking a relaxed, community-oriented setting with generous green space and easy access to urban essentials. 5 Wolff Street presents a rare blend of location, livability, and investment strength in Ottawa's multi-residential market.
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369 Lafontaine Avenue offers a fully renovated purpose-built sixplex in one of Ottawas fastest-growing neighbourhoods. Each of the six two-bedroom units features modern kitchens with quartz counters, stainless steel appliances, and in-suite laundry. Bathrooms are stylish and updated, and every unit includes a heat pump with A/C for year-round comfort. Major upgrades include new windows and doors, fresh attic insulation, a sealed foundation with new weeping tile on the north side of the building, and a repaved parking lot. The buildings exterior has been repainted in a clean neutral tone, with common areas improved throughout with new carpets, lighting, paint, secure mailboxes, and enhanced security with Ring cameras. With an NOI of $88,340.40 and rising rental income, this is a true turnkey opportunity in a neighborhood on the rise just minutes to downtown, transit, shops, and restaurants. Lets book your showing today, properties like this don't last long.
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READY TO BUILD! Exceptional development opportunity in a high-demand, desirable neighborhood! This premium corner lot comes with approved plans to build 10 modern stacked townhomes, each designed with 2 bedrooms & perfect for today's buyers or tenants. All architectural drawings, development charges, site fees, and permits have been fully paid and are included in the purchase price, allowing you to start construction immediately. Whether you're looking to build and sell or retain for long-term rental income, this turnkey project offers outstanding potential and value. Don't miss this rare, shovel-ready investment opportunity!
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Superb location, located at 196 Beechwood Ave surrounded by restaurants, pubs, convenience, and grocery stores, constructed in 2021 with a brick from the exterior and Hardie Board on the side and the back of the property. This newly constructed building consists of 13 residential units + 1 commercial. units which are all individually metered. The building is secure with cameras, an intercom, digital locks, and bicycle storage space. The breakdown of units is ( 11 bachelor's units and 2-2 bedroom units) plus 1 commercial retail unit. All of the apartments in the building are fully furnished and are self-contained, with fridges and stoves, washers and dryers, dishwashers, and individual central heating and AC.
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Exceptional Investment Opportunity in a Prime, High-Traffic Location! Don't miss your chance to own a versatile, stand-alone building with mixed-use zoning, perfectly positioned for maximum exposure and accessibility whether by foot, bike, transit, or car. This property offers a wide range of permitted uses, including retail, professional office, service commercial, residential, and institutional making it ideal for both owner-occupiers and investors alike. Currently used as a Chiropractor's office on main level and a vacant bachelor apartment upstairs. Alternatively, take advantage of its redevelopment potential to unlock even greater value in this dynamic location.
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Prime Investment & Business Opportunity in the Heart of the City! Unlock the potential of this recently renovated commercial building, ideally positioned on a bustling main street with flexible zoning that accommodates a wide range of business ventures. Located in a high-visibility area across from the future Gateway to Vanier and just steps from the Cummings Bridge, this property offers unmatched exposure and foot traffic. The expansive 2,600 sq. ft. main-level commercial space features a striking storefront that can easily be divided into two separate retail units, maximizing your rental income or allowing for multiple business operations. Upstairs, a spacious 1,500 sq. ft. residential unit provides steady rental revenue, making this a smart investment for both owner-occupiers and portfolio builders. Fully renovated in 2019, this turnkey property offers a perfect blend of style, functionality, and income potential. Whether you're launching a new business or expanding your investment footprint, this is a rare opportunity to own a versatile property in a rapidly developing area. Don't miss your chance to secure a standout commercial space where your business can thrive while tenants help cover the costs!
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Perfect turn-key investment opportunity in a prime location just minutes from downtown Ottawa and the University of Ottawa! This fully rented, well-maintained corner property features seven bright and spacious units: 4 two-bedrooms, 2 one-bedrooms, and 1 bachelor making it an ideal addition to any investor's portfolio. The building is in excellent condition with high-quality tenants and strong rental income. Units 1 and 2 were fully renovated in April 2024, while Units 3 and 6 were updated within the past few years. The remaining units are also in very good condition. Common areas include coin-operated laundry and a rear patio for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. Walking distance to transit, shopping, restaurants, and everything this vibrant community has to offer, this property is a smart and reliable investment. Gross Income $116,686 and NOI of $80,862. NOI includes the cost to manage the property.
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INVESTMENT OPPORTUNITY! Six-unit apartment building in a great central location close to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All units are spacious 1-bedroom apartments. Current rents: Apt. 1 - $1,010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1,350 (recently re-rented at market rate), Apt. 6 - $885. Rents are below market value for all units except Unit 5, which was recently rented at market rate. The other units are similar in size and layout. Seven hydro meters- 5 of the tenants pay for their hydro. Coin laundry in the basement (currently not in use). The building needs TLC, but has enormous potential to be a great addition to any investor's portfolio. Major upgrades: New roof (2012), Gas boiler (2012).
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Versatile 10,814 SF Industrial property in a prime Ottawa location. This well-maintained warehouse features recent upgrades, including new garage doors, a drive-in bay, in-floor radiant heating, and a 400A/600V electrical service. A rare opportunity for investors or owner-occupiers looking for flexibility and potential in a sought-after area.
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A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $231,122.28. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,357.50, (5) $2,639.38, (6) $2,610.81, (7) $2,450, (8) $2,562.50. Expenses include taxes: $26,712, hydro: $5057, water: $4,108, gas: $12,263, maintenance: $11,140, management: $8,784, insurance: $6714, advertising: $1,116, Admin $557, Structrual Reserve Allowance $4,562, Total yearly expenses = $81,017. In Financial Information, under Other Expenses, $6,236 is a combination of advertising ($1,116) plus administration ($557) and Structrual Reserve Allowance $4,562
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Welcome to 340-342 Shakespeare! This newly built 8 unit income property consists of 2 fourplexes each with four 3 bedroom, 2 bathroom units in a prime Vanier location, being close to all amenities, public transit and recreation. Still room for increased rents. Rent control does not apply to this building. Hi-end finishings and quality appliances. Letter of interest from a lender under the MLI System for 3.9 million of financing at a preferred rate.
Quick closing is available and preferred. Less then one year from occupancy so new construction works under the MLI. If not using the MLI Select the affordable rent could be increased. Should qualify for efficiency points as the insulation including under the basement slab is excellent and heated with high efficiency ducted heat pumps with electric backup. What a fantastic property to add to or start your investment portfolio.
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Now is your opportunity to own your own business. This turn key restaurant is fully equipped and ready to go. This location is well established and has been operating for over 12 years, making it a busy and popular location. Whether you are looking to expand your business portfolio or venture into your first business, this business has much to offer. Don't miss your chance to own this thriving business in a prime location.
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Fantastic 24 unit building in the Beechwood area close to all amenities. Plenty of rental upside here. Great First Mortgage in place at 2.7% for another 5 years. This mortgage can be assumed. Don't miss out on this large multi family holding for your portfolio.
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This purpose-built fourplex is located in a quiet area of Vanier, across the street from Richelieu Park. With a Walkscore of 78, tenants can walk to shops, restaurants, schools, and public transit. The building offers 2 x 1 bedroom units, 1 x 2 bedroom unit, and 1 x 3 bedroom units with $73,188 in gross rental income up until April 2025 (unit 4 is now vacant). The coin-operated laundry machines in the basement provide additional income. Units three and four have balconies. There are five hydro meters and parking spots for tenants. The flat roof and the furnace are older, and the windows are 10-15 years old. Expense numbers are from January to November 2024. Please provide 30 hours notice for all showings.
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ASSUMABLE MORTGAGE AT 2.17% INTEREST! Own a turnkey investment property in sought-after Beechwood Village! This well-maintained, purpose built 6-unit (4 x 2 bdrm, 2 x 1 bdrm) offers a fantastic opportunity for investors seeking stable income and further opportunities to add value. Assumable CMHC-insured 1st mortgage with ultra low 2.17% interest rate renewing in Dec 2025. Recently replaced boiler and hot water tanks, and retrofitted laundry room ensure reliable operation for years to come, along with minimized operating costs. New windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density on the property. Situated in the vibrant Beechwood Village / Vanier North neighbourhood, the property enjoys excellent access to shops, restaurants, schools, and public transportation, ensuring a steady tenant pool.
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Awesome property sitting on a great corner location in the heart of McArthur Avenue. This property offers 5 parking spots, a lovely one bedroom apt on the 2nd level at $1650 per month. Main floor office owner occupied but could be converted to 2 bedrm unit is weelchair accessible. The owner space can be rented for commercial use for approximately $2700.00 per month. The basement has 2 bachelor units rented $1250 per moth each. Potential gross Income of approx $80,000.00 per year. Zoning allows for many uses including medical, retail, personal service business, office, take-out or restaurant and more.
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Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with flexible surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. **EXTRAS** 5x stoves, 5x fridges, 2x dishwashers, 6 hydro meters
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Superb location, located at 196 Beechwood Ave surrounded by restaurants, pubs, convenience, and grocery stores, constructed in 2021 with a brick from the exterior and Hardie Board on the side and the back of the property. This newly constructed building consists of 13 residential units + 1 commercial. units which are all individually metered. The building is secure with cameras, an intercom, digital locks, and bicycle storage space. The breakdown of units is ( 11 bachelor's units and 2-2 bedroom units) plus 1 commercial retail unit. All of the apartments in the building are fully furnished and are self-contained, with fridges and stoves, washers and dryers, dishwashers, and individual central heating and AC.
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*PRIME DEVELOPMENT OPPORTUNITY* Vacant lot situated in the desirable River Road neighbourhood, encompassing over 4300 square feet. This prime address sits in a rapidly evolving urban paradise, mere steps from Rivierain Park along the picturesque Rideau River. Enjoy easy access to scenic paths and the Adawe Crossing Bridge (to Sandy Hill), with shops and restaurants within walking distance. The lot's Traditional Mainstreet (TM) zoning opens doors to a plethora of possibilities, accommodating a wide range of commercial and multi-family developments. Its strategic location places it amidst a wave of new planned projects, marking it as a hub for future growth. This property is an ideal choice for a transformative project in a dynamic part of the city.
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For more information, please click Brochure button. Commercial/Residential Traditional Mainstreet (TM) soon to become MS1 H(20) zoned lot hosting a ready to live-in, well maintained and charming 2-floor detached brick house allowing multiple usages & a construction up to 20m high or 6-floor bldg. Property is located 5 mins from downtown Ottawa. An ideal property for professionals & investors who want to 1) use it as a home/office combination, 2) use it as a 1 or 2 unit rental with central utilities (can be sold furnished as an option), 3) use it partially or 100% commercially or 4) invest in it to convert it into a development project of up to 6 floor high building. Property has an easy access to the citybus, cycling paths, schools, shopping malls, restaurants, Queensway, hospitals, arena, & the bridges to the province of Quebec. This large 2 bedroom with an unregistered basement home office has been rented profitably since 2005. The property is recovered with hardwood, ceramic & laminated floors. The basement home office suite has been rented for 20 years as an opened concept autonomous studio with its kitchen equipped with full size fridge and self/easy clean stove, 3 piece washroom & dedicated house entrance and parking space. The property features a large 2-Tier deck Patio located in a fenced & treed backyard with no neighbour at the back, central A/C, 25 000 BTU gas fireplace, Oct 2022 high efficiency gas furnace owned for central heat /gas hot water tank owned, 2017 house roof. The potential gross rental income is approx. $45000/year with potential for revenue increase with no or a minimal investment. A detached shed on a foundation & with electricity has been used for cold storage and as a workshop since 2005 but could possibly be leveraged into a tiny house development project if desired.
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25000 SF development land fronting on three streets Montreal Rd. Durocher, St Paul. Major node to Vanier and Beechwood. The property has two buildings and a car lot. Land assembly of three properties.
143 Montreal Rd. car lot 50 x 100 Ft, 149-159 Montreal Rd. 100x100 ft. restaurant on main floor , apartments on the second floor, 168-270 Durocher, 100x100ft one storey building two tenants.
All leased with a demo clause. Gross income $249,648, Net income $147,508.
Price is not based on NOI it is based on a conservative development potential of retail on the main floor and apartments above.
current zoning TM 3 in the front half, TM in the back half.
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