Commercial Real Estate for Sale

Exceptional development opportunity offering outstanding redevelopment potential in the heart of Ottawa. This 9,827 sq. ft. corner lot is zoned Traditional Mainstreet (TM), permitting a wide range of commercial and residential uses. Historical planning work for the property included a proposed 7-storey mixed-use development featuring commercial space at grade with residential units above, together with a previously approved minor variance permitting a building height of 21.9 metres. Supporting planning, environmental, geotechnical, and engineering reports are available for review, providing purchasers with valuable background information as they evaluate the site's future development potential. Strategically located at the prominent intersection of Booth Street and Somerset Street West, the property is just minutes from Little Italy, Hintonburg, LeBreton Flats, and Downtown Ottawa, and only a short walk to the Pimisi LRT Station. Surrounded by significant residential intensification, employment, restaurants, and amenities, this is a prime opportunity to acquire a high-profile urban development site in one of Ottawa's most desirable growth corridors.

Prime redevelopment and value-add opportunity in the heart of Ottawa's Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa's most established urban corridors, minutes from Dow's Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment)

Tremendous value in this architecturally stunning, all-brick asset in the heart of one of Ottawa's most dynamic central neighborhood nodes. 43-45 Eccles is a meticulously maintained, fully renovated 2-storey heritage-style building plus finished lower level, featuring soaring ceilings, oversized windows on all sides, secure FOB access, and 11 on-site parking spaces. A rare bonus: a separate stand-alone retail building with its own entrance that is also connected to the main building-ideal for a range of uses and/or a distinct tenant profile. The main floor is completely renovated in a modern, "tech-style" layout with glass partitions, meeting rooms/boardroom capability, kitchen/lunch area, washrooms, and a striking mezzanine element with additional office space. The second level offers an inspiring open concept with high ceilings, huge windows, additional meeting space, washrooms, and kitchenette-perfect for office, studio/creative, wellness, or even congregation-style users. The stand-alone retail component is versatile, bright, and open with high ceilings, 3 offices, kitchenette, and two fully renovated washrooms. Flexible acquisition strategy: 1. Vacant possession available for an owner-occupier, or 2. Fully leased scenario would deliver an NOI of $220,550 equating to an approx. 8.5% cap rate at $2.6M (buyer to verify). Central location between major urban districts with quick access to downtown, transit/LRT, and key commuter routes. A true trophy building with real usability-owner-occupy part (or all) and offset carrying costs, or hold as a stabilized, character-rich investment.

Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit has recently been rented on a 5 year lease with a 5% yearly escalation starting at $6,400/month + HST. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 6 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don't miss your chance to own a versatile, income-generating property in one of the city's most dynamic neighbourhoods.

Opportunity knocks with this prime 10,828.48 sq.ft. parcel (outlined in RED) located approximately 500 metres from the Tunney's Pasture LRT Station. The property is currently improved with an income-generating parking lot and a separate specialty automotive repair/collision facility, offering both holding income and future redevelopment flexibility. A wide range of possibilities exist: maintain the current legal non-conforming commercial use, occupy as an owner-user, pursue a potential severance, redevelop part or all into a low-rise residential project, or assemble with neighbouring parcels to maximize density potential. For developers and investors seeking an assembly opportunity, the property may be combined (at an additional cost) with 143 Forward Avenue (duplex; PIN 040960062; 4,919 sq.ft.) and 144 Hinchey Avenue (duplex; PIN 040960073; 2,454.17 sq.ft.), with the potential to also incorporate a closed City of Ottawa parcel (PIN 040960270; 742.71 sq.ft.) and 148 Hinchey Avenue (duplex; PIN 040960074; 2,701.74 sq.ft.), for a total potential assembly of approximately 21,746.10 sq.ft (area outlined in YELLOW). Income/expense statements, rent roll, and supporting due diligence materials available upon execution of a signed NDA. SELLER WILL CONSIDER PROVIDING A VTB.

Turnkey Restaurant & Building for Sale - Prime Ottawa Growth Corridor. Exceptional opportunity to acquire both a long-established restaurant business and the commercial building in one of Ottawa's most rapidly evolving neighborhoods. Kochu Restaurant is a successful, turnkey operation offering 16 seats, a clean and efficient commercial kitchen, professional hood fan system, and a well-maintained dining area. The property underwent a substantial two-story addition in 2013, with many fixtures, equipment, and building components updated at that time. The upper-level apartment provides additional income potential of approximately $2,000 per month, while rear parking offers added convenience. Ideally positioned just steps from the LRT station, near the new Civic Hospital campus currently under development, and close to the proposed future stadium district, this property stands to benefit from significant long-term growth, increased traffic, and ongoing neighborhood investment. Property Features: Building and established restaurant business included. Rear parking. Excellent building condition. High-growth location near major infrastructure projects. An ideal opportunity for owner-operators, investors, or those seeking a strategic holding in a rapidly appreciating area with future redevelopment potential.

A fantastic mixed-use duplex in the heart of West Centretown, Ottawa, offering both commercial and residential potential. The main floor is currently configured as a hair salon, and will be delivered vacant - ideal for an owner-operator, investor, or future business venture. The second-floor one-bedroom apartment is tenant-occupied with separate metering and baseboard heating paid directly by the tenant. Water is included in the rent. Additional highlights include two rear parking spaces with private laneway access and a roof replacement completed in 2022. Zoned GM2, the property allows for low-rise residential development with a maximum height of 13.5 metres and an FSI of 1.5, presenting excellent future development potential.

Recently fully Renovated property 118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa's sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently Renovated - Major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a Phase I Environmental Site Assessment (ESA). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements.

Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting.

Palazzi Place is a mixed-use investment opportunity comprising 20 residential apartments and 4 ground-floor street front retail units, with income-in-place Net Operating Income of approximately $320,000.Ideally positioned in one of Ottawa's most vibrant and evolving urban neighbourhoods, the property benefits from strong rental demand driven by location, character, and long-term area growth.

Rent just $2650/month, downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant locates in an excellent place in Ottawa's Little Italy, close to Chinatown, within Ottawa's renowned Asian and Italy dining district. It enjoys a steady flow of customers, offers free parking, and has convenient evening and weekend parking spots. In every summer, during the Italian Food Festival, stalls can be set up on the roadside in front of the restaurant to sell food. Additionally, there is a patio outside of the restaurant. The planned newly built Ottawa Senators stadium just nearby walking distance is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use(including value $50000 range hood). The restaurant has received high ratings on Google and has been featured in media outlets such as the Ottawa Citizen and CTV. This is an excellent opportunity to own a well-known restaurant(you can use your brand and food style) in the heart of Ottawa's vibrant dining district, with lowest rent and a large of fixed takeout customers. It is wonderful chance for long time investment( First lease can be five years then extension every five years with competitive rent).

Turnkey income property in one of Ottawa's most sought-after neighbourhoods. This fully tenanted six unit building comprises two semi-detached buildings offering nine bedrooms across six units - three spacious two-bedroom units at No. 22 and three one-bedroom units (one with den) at No. 24 - generating strong income with excellent upside at renewal. Over $250,000 in capital improvements since 2010 including a modern gas boiler, all-new electrical panels, vinyl siding and windows, a comprehensive drainage system, new retaining wall, and professionally renovated kitchens and bathrooms with hardwood and ceramic flooring throughout. Unit 3-22 features a rooftop terrace with composite decking, and Building 24 has a newly constructed rear staircase with exclusive use decks - both exceptional lifestyle additions rarely found in multi-residential. The 6,225 sq ft lot (50 ft 124.5 ft) sits in the new N4B zone under Ottawa's 2026 Zoning By-law, presenting significant redevelopment or intensification potential while current income covers carrying costs. Eight dedicated parking spaces included. Steps to the Hintonburg shops along Wellington Street, the O-Train Bayview and Tunney's Pasture stations, the Ottawa River pathway, and a quick commute to the Civic Hospital and downtown. Low operating expenses and a proven rental market driven by young professionals, federal employees, and health care employees make this a compelling hold or build opportunity. Email today for the complete details.

Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98,700 in gross annual income and is located just 700m from Tunney's Pasture LRT Station and 300m from the Government Tunney's Pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from Hintonburg's shops and restaurants, the building also offers close proximity to the Ottawa River pathways, Laroche Park, the Civic Hospital, and the future redevelopment at LeBreton Flats, contributing to long-term rental demand.Additional features include R4UD zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note - 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *Email to get the finanical spreadsheet*

*Do not approach staff or customers regarding the sale of the business. All showings by appointment only through the listing brokerage office.* Excellent opportunity to acquire a fully equipped, fully fixtured, and profitable restaurant located on Somerset Street in the heart of Ottawa, just minutes from downtown. This prime location benefits from strong year-round foot traffic driven by nearby businesses, tourism, festivals, and local events, and is steps away from the highly anticipated LeBreton Flats redevelopment project, bringing significant future growth and activity to the area. The restaurant is offered as a turn-key operation, allowing a new owner to continue business immediately with all existing equipment and fixtures included. The property also features a large basement area suitable for additional storage, office space, or food preparation .At the rear of the property, a cleared outdoor area presents an excellent opportunity to develop a patio, adding valuable seasonal seating and enhancing the customer experience. The unit has also been upgraded with a brand-new heating system, providing improved efficiency and reliability. Offered at a price that represents a fraction of the cost to build and equip a comparable restaurant from the ground up, this is an outstanding opportunity for entrepreneurs or experienced operators looking to establish themselves in one of Ottawa's most vibrant commercial corridors.

7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.

Unlock the potential of one of Ottawa's most vibrant neighborhoods. This versatile commercial property offers a rare "blank canvas" opportunity for investors and entrepreneurs looking to plant roots in a high-traffic, thriving community. The building includes the main commercial level plus two vacant 1-bedroom apartments, providing an immediate opportunity for secondary rental income or a live-work setup. Peace of mind comes standard with electrical and plumbing systems redone in 2013. The main commercial space is currently vacant and ready for a custom fit-up tailored to your specific brand or business needs. Rare Urban Parking: Includes dedicated parking for 4 cars at the rear (accessible via 109 Pinhey Street), a premium commodity in this dense urban core. Situated in close proximity to Bayview Station and Lebreton Flats, this property is perfectly placed to benefit from the massive revitalization of the area-most notably as the future home of the Ottawa Senators. This is a turnkey opportunity for an owner-user or a savvy developer to acquire a footprint in a neighborhood that continues to outperform the market. Whether you're looking to launch a flagship retail store, a professional studio, or a gourmet cafe, 1079 Wellington St W is where your business meets its future.

An exceptional investment opportunity in the heart of Ottawa's rapidly transforming urban core, this unique property comprises 11, 13, 15, and 21 Raymond Street. They offer rental income, potential for dwelling severances and long-term redevelopment potential. Situated on a lot of approximately 7,460 square feet and zoned R4TH(85), the property supports a range of residential intensification options, making it ideal for investors and developers alike. Each of the four two-storey units is separately metered and equipped with its own furnace. Unit 21 includes six rooms, two kitchens, and two full bathrooms. Unit 13 offers five rooms, two kitchens, and two full baths, with the main floor currently vacant, ideal for conversion back to a one-bedroom suite or owner occupancy. Units 11 and 15 each feature a one-bedroom unit on the main level, with a kitchen, bathroom, and three additional rooms upstairs. The property includes ample on-site parking, its own laneway off 21, shared laundry facilities, and a bonus basement area with rough-ins for two additional bathrooms. Conveniently located just off the highway, steps from Little Italy and the Glebe Annex, and minutes from Carleton University, this location offers upside potential.

Builders life time opportunity! Great lot 58.5X59 Feet lot beside the new Festival Center,at Lebreton Flats, New Stadium, Central Library, Ottawa River and new development! Right now there is a sun-filled bungalow on this lot with a great layout on a quiet cul-de-sac. This great updated home is rented presently. Call Now!

Outstanding mixed-use investment opportunity in the heart of downtown Ottawa! This charming two-storey property features a licensed, fully equipped 1000 sq. ft. restaurant on the main level, complete with a commercial kitchen, three washrooms, and a welcoming patio space perfect for guests. The existing liquor license is transferable, and restaurant equipment is included - offering a turnkey solution for food entrepreneurs or investors. Above, a fully furnished two-bedroom apartment currently operates as a successful short-term rental, presenting immediate income potential. The basement is partially finished with a full washroom and offers excellent storage or additional development opportunities. Benefit from TWO private parking spaces, high pedestrian exposure, and direct access to public transit. Zoned for mixed commercial and residential use, this versatile property is ideal for owner-occupiers, restaurateurs, investors, or those seeking a live/work setup. Whether you're looking to continue with short-term rentals, convert to long-term tenants, or reimagine the space for a new business concept - the possibilities are endless! Don't miss your chance to own a centrally located, income-generating gem in vibrant Chinatown!

This is a great opportunity for entrepreneurs that want to make a savvy investment and have a comfortable space to live, work, make a rental income in. It consists of three spaces - large ground floor unit with commercial and residential zoning (perfect for an art studio, hair salon, any aesthetic services, lawyer, realtor, home-run business), upstairs are two 1-bed apartments (currently occupied by family/friends, should rent for around $2,000 each) Back parking lot is 20'x50' and fits 6 vehicles. This could also work well as a multigenerational home or perfect for two business partners that each want their own space to live in and run their business downstairs. Great location in West Centretown! Close to Chinatown, Little Italy, Lebreton Flats, public transit.

Opportunity knocks! Great Building to keep, or make a new building here for your business! Price dropped by $100,000 for a quick sale! Approx. 2400 SQFT building rented at $4000/month , good size lot: 27 x 98.11 SQFT in developing Tunney's Pasture neighbourhood with over 30000 employees, surrounded by many new & old condos and rental buildings! Business is also for sale Separately for $79000 Make an offer today!

Welcome to 104 Carruthers Avenue, located in one of Ottawa's most connected and fast-growing neighbourhoods, just steps from Tunney's Pasture LRT, the Ottawa River pathways, and the vibrant shops and restaurants of Hintonburg and Wellington West. This 25FT X 98FT property is accessible from 2 sides (front and back), with R4 zoning offering various potential possibilities. From a multi-unit residential build, modern infill project or hold and rent the existing two-storey home while planning your dream development in this thriving community.The area is already seeing exciting redevelopment, with densification trends and potential zoning changes expected to support higher density, this property offers great potential. Enjoy the convenience of urban living with green spaces, transit, and major employment hubs at your doorstep, all less than 10 minutes from downtown. Whether an investor, builder, or visionary homeowner, this is your opportunity to create something exceptional in a community that blends lifestyle, location, and long-term value. Reach out today for more information!

Exceptional Investment Opportunity in West Centre Town! This fully tenanted residential sixplex is an ideal addition to any investors portfolio, offering stable rental income and future potential in one of Ottawa's centrally located and in-demand neighbourhoods. The building features a desirable unit mix: two 1-bedroom, 1-bath units; two 2-bedroom, 1-bath units; one 2-bedroom, 2-bath unit; and one 3-bedroom unit with 1.5 baths, appealing to a wide range of tenants. An additional bachelor unit is available within the building, providing opportunity to increase rental revenue. It is currently being used as an on-site office space. The property also includes parking at the rear and a shed that will remain with the building, great for extra storage. Some recent upgrades have been completed, enhancing overall value and functionality. A rare opportunity to own a solid, income-generating property in a great area.

Excellent opportunity to acquire a purpose-built multi-residential property in one of Ottawas most desirable urban neighbourhoods. 238 Carruthers Avenue features 10 fully furnished, all-inclusive units with 21 total bedrooms, supported by modern security systems including cameras, intercom, and digital locks. Each unit is separately metered for hydro, providing efficiency and reduced operating costs. The property generates annual revenue of $313,786 and a Net Operating Income of $220,557, giving a strong 5.0% cap rate. The location offers an unbeatable lifestyle for tenants, with a 98 Walk Score, 83 Transit Score, and 99 Bike Score. Residents are just steps from Wellington Street West with its wide array of shops, restaurants, cafés, and everyday conveniences, while also being minutes from downtown, the Ottawa River pathways, and LeBreton Flats. Additional income is provided through on-site parking and laundry, further strengthening the properties return profile. With stable cash flow, modern upgrades, and a proven rental model, 238 Carruthers presents a rare opportunity to secure a turnkey, purpose-built investment property in a high-demand location with long-term appreciation potential

Prime Mixed-Use Income & Redevelopment Opportunity. Opportunity to own a centrally located mixed-use property with both strong holding income and tremendous future development upside. Situated on highly visible Parkdale Avenue, this property is currently zoned TM13, with conversion to CM1 under Ottawa's new zoning bylaw unlocking increased density and flexibility for mid-rise, mixed-use, or multi-residential redevelopment in one of Ottawa's most desirable growth corridors. Originally a triplex, the building has been reconfigured into one commercial and one residential unit but can be converted back to three separate units, maximizing rental income. The ground floor and basement are home to a well-established and busy nail salon, providing stable commercial revenue. The second floor features a three bedroom, two bathroom apartment, which could also be divided into two smaller units to increase cash flow. With excellent frontage, strong pedestrian and vehicle traffic, and immediate access to Tunney's Pasture, the LRT, and Ottawa's downtown core, this site is ideally positioned for both near-term cash flow and long-term redevelopment. Investors will appreciate the holding income while planning for future intensification under CM1 zoning, which supports a wide variety of commercial and residential uses. Vacant possession will be available by November 30, 2025, making this a rare and strategic acquisition for forward-thinking investors, developers, or owner-users looking to secure a property with both current stability and long-term potential.

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has over 5% cap rate and is fully rented with ideal tenants and grosses an annual income of $93,600. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity.

Welcome to 90, 92 & 94 Cambridge Street North - a unique chance to acquire a turnkey multi-unit investment portfolio in the heart of one of Ottawa's most vibrant and sought-after neighborhoods. Each of these three attached townhomes is a legal duplex, offering a total of six rental units - a mix of spacious 1-bedroom and 2-bedroom layouts. This is an ideal opportunity for investors looking to expand their portfolio, capitalize on strong rental income, or explore future development potential. The back parking lot features 9 parking spaces. Investment Highlights: 6 total units across three separately deeded duplexes. All units feature generous living space, high ceilings, and an excellent group of reliable tenants. Private balconies on upper-level units. Separately metered electricity and separate water heaters for each unit. Shared furnaces with gas paid by the owner. Updated roof (2019) across all units. Foundation of Unit 90 has been professionally redone. These properties are centrally located just steps from public transit, shopping, parks, restaurants, and everything Centretown has to offer, making them highly desirable for both tenants and investors. Flexible Purchase Options: Buy one, two, or all three townhomes together - perfect for both entry-level investors or seasoned buyers looking to secure a rare, multi-unit holding in a high-demand location. Don't miss this exceptional opportunity to own a solid cash-flowing asset in the core of Ottawa!

** Address Cont'd: 247, 249, 261, 263, 267 Rochester Street and 27 Balsam Street, Ottawa. ** Being sold under Power of Sale. Serviced. 0.45 acre site proposed for a 9-storey building of 79,399 sq ft of mix GFA. Current zoning is Residential Fifth Density Zone (R5B[2895] S477-c). Property is proposed for a unit mix of 50 1-br units, 18 1+den units, 3 2-br units and 15 bachelor + den units, 24 bachelor units and ground floor retail, for a total of 118 units. 30 U/G parking spots, 105 bicycle spaces plus amenity space are included. Official Plan permits 9-storey building as well as zoning. Land fully serviced to the lot line. No representations or warranties. Buyer(s) to complete own due diligence.

This property is located in the very popular neighbourhood of Hintonburg. This neighbourhood has been transformed with new developments over the recent years, and this transition continues today. There is construction on almost every corner. With densification on the rise, and the high potential for increased density zoning regulation changes on the horizon, this property is prime for someone to develop. The current zoning is R4UB which in and of itself allows for multiple higher density options. As you walk the streets of this section of Hintonburg you'll notice that those current zoning regulation allowances have been push further with more units and bigger building envelops. The current two storey structure is habitable, which gives the opportunity to rent and collect income while planning and pursuing development options.

Fully fixtured and beautifully built out restaurant for sale with an assumable lease. It is an excellent opportunity to bring your restaurant business to the Hintonburg area. This is an asset sale only. The space was recently renovated in 2023, and all of these upgrades are included in the sale price. The space features a tastefully designed dining area and large kitchen space. In addition to the equipment shown, a previous tenant installed two wood fire pizza ovens that have been maintained. There is an existing Liquor Sale License with a capacity of 60 on the main floor and 27 on the patio in the west section. The current Lease Agreement ends on March 31, 2026 and contains an additional two five (5) year options. Purchase price is $150,000. Gross rent is approximately $6,500 per month, including taxes.1087 Wellington Street West, Unit 3, is located in Hintonburg. This area boasts high levels of vehicle and pedestrian traffic and a proximity to several transit lines. One of Ottawa's premier retail areas with numerous shops, cafes, and restaurants to explore. Utilities additional. Please contact the Listing Broker with any inquiries - do not approach the staff.

Rare chance to acquire a two-lot assembly at 263-265 Parkdale Avenue, totaling approximately 9,900 SF with Traditional Mainstreet (TM13 H(14.5)) zoning. Just steps from Tunney"s Pasture LRT and the Scott Street intensification corridor, this site is ideally positioned for mid-rise residential or mixed-use redevelopment. The existing properties include an immaculate fully-licensed 7-unit rooming house with 20 income-generating surface parking on 265 Parkdale and a single-family detached rental property at 263 Parkdale, offering strong holding income while planning your project. For developers seeking a larger footprint, the adjacent property at 259 Parkdale (approx. 6,576 SF) may also be available, bringing the total potential assembly to apx 16,476 SF. Located in a thriving urban hub near Parkdale Market, Wellington Village, and the Ottawa River pathway, this is a premier opportunity in one of Ottawa"s most connected neighbourhoods.

Prime Owner-User Opportunity in Hintonburg! Ideal for Office or Retail. Located on bustling Parkdale Avenue just steps from Tunney"s Pasture LRT, this well-maintained property is licensed as a 7-unit rooming house but offers incredible flexibility under TM13 zoning. With approx. 1,800 sqft of interior space on a 66' x 100' lot and parking for 20 vehicles, its perfectly suited for professionals, wellness practitioners, creatives, or retailers seeking a high-visibility location with room to grow. Meticulously maintained and updated by long-term owners, the property features upgraded windows, kitchen, bathrooms & electrical service (2008), newer roof shingles & gas furnace (2023). Use the entire space for your business or maintain rental income from rooms while occupying part of the building. Rare opportunity to own and operate in one of Ottawa"s most dynamic neighbourhoods with built-in flexibility for future use. Income/Expense Statement for current use available upon request.

Prime 5-unit turnkey investment in the heart of Ottawa! Looking to grow your real estate portfolio with a high-performing asset? Look no further. This exceptional 5-unit income property, located in one of Ottawa's most sought-after corridors, is a rare find that delivers on every front. The property generates an impressive $85,164 per year in gross income, with a solid net operating income of approximately $67,084 before debt service. Whether you're a seasoned investor or buying your first income property, this is a great opportunity offering both stability and growth potential. Just steps from Downtown Ottawa, vibrant Chinatown, and only minutes from the LRT station, this central and high-demand location ensures excellent tenant appeal and long-term value. Recent upgrades include a brand new driveway and hot water tank (2024), new eavestroughs and ice block grids (2023), full unit renovations between 2017 and 2020, and attic insulation with modern siding (20192020).The property also features five surface parking spots, easy access to OC Transpo, and is close to many walkable amenities, making it even more attractive to potential tenants and owners. This is a smart, strategic investment with modern updates, strong cash flow, and a prime location. Don't miss out properties like this don't last long!

Excellent Investment Opportunity in the Heart of Hintonburg!Welcome to 65 Armstrong Street a fully leased, income-generating property located in one of Ottawas most sought-after neighbourhoods. This three-story building features 19 rooms and consistently maintains full occupancy, making it an ideal addition to any investors portfolio.Prime Location. Strong Rental History. Turnkey Asset.Please note: This property must be sold together with the neighbouring property at 61 Armstrong Street, which offers an additional 17 rooms for a combined total of 36 rooms across both properties. Don't miss out on this rare opportunity to own two high-performing rental properties in a vibrant, amenity-rich area.

Excellent Investment Opportunity in the Heart of Hintonburg! Welcome to 61 Armstrong Street a fully leased, income-generating property located in one of Ottawas most sought-after neighbourhoods. This three-story building features 17 rooms and consistently maintains full occupancy, making it an ideal addition to any investors portfolio.Prime Location. Strong Rental History. Please note: This property must be sold together with the neighbouring property at 65 Armstrong Street MLS# X, which offers an additional 19 rooms for a combined total of 36 rooms across both properties. Dont miss out on this rare opportunity to own two high-performing rental properties in a vibrant, amenity-rich area.

Opportunity knocks. Make this the site for your next project. Feasibility study indicates that the lots can house a 6 storey building with up to 30,000+ buildable square feet, approximately 30 units. This site is located in one of the cities most sought after locations. Steps from Wellington in the heart of Hintonburg you are surrounded by every amenity and necessity imaginable including but not limites to groceries and markets, an assortment of restaurants and bars, public transit including LRT, shopping and more. All factors that make this project highly attractive as a future tenant or purchase. 9 Melrose is curently a duplex with a commercial unit and residential on upper floors, 11 Melrose is a single home in good shape. The combined income is $7,450/month if there is interest in holding prior to build. Reach out for the package.

Mixed-use Victorian on quiet tree-lined street in Hintonburg with strong visibility to pedestrian traffic on bustling Wellington West. Flexible TM zoning.. The existing configuration includes main floor commercial space occupied by a small cosmetics business & fully updated residential unit on the upper floors. Main floor commercial unit offers reception, 2 enclosed offices, a powder room & kitchen. The spacious 2-storey residential features modern kitchen, bath, hardwood & gas fireplace. Long driveway & spacious backyard offer ample parking for commercial uses for a private sun-filled yard. The building is incredibly well located surrounded by the cities finest amenities and necessities making it extremely easy to find high quality long term tenants. Commercial unit rented for $2550 + tax (2,881.5). Residential unit $2095., Flooring: Carpet W/W & Mixed

Introducing 25 Rosemount, an exceptional commercial property nestled in the vibrant community of Hintonburg. This prime location offers endless opportunities for your business endeavours. Upon entering the main floor, you'll be greeted by a spacious reception area, perfect for welcoming clients and guests. Adjacent to this, a large gathering room awaits, ideal for hosting events, meetings, or workshops. A fully equipped commercial kitchen provides the infrastructure for culinary ventures or catering services, while additional offices offer ample space for administrative tasks or collaborative work. Venture upstairs with the elevator to discover the 2nd & 3rd, total of 22 well-appointed rooms complete with convenient kitchenettes & oversized full bathrooms. Whether utilized as individual offices, consultation rooms, or creative studios. With its flexible layout and prime location, the possibilities for this building are limitless.

This Historic Building was built between 1912 and 1913 and is referred to as the Iona Mansions historically and locally referred to as The Angel Building. This very well maintained property is a 3 story walk up with 11 residential units, 4 bachelors and 7 one bedroom units which are all occupied. There is coin operated laundry for the residential tenants. There are also 4 fully leased retail units on the main floor. All retail leases are at least 5 years duration.There have been many upgrades to the property since the current owner purchased the building in 2003 including all new windows, updated electrical and heating system (steam boiler), fire escape, and plumbing stacks. This is a great investment opportunity. Please ensure to provide 24 hour notice for all showings and 24 hour Irrevocable for all offers as per form 244. (1123-1131 Wellington Street)

Amazing location bordering both Little Italy and China Town. Surrounded by businesses, residences, and transportation. Outstanding walk score of 94. Don't miss out on this amazing opportunity to own a commercial store on Somerset Street. Zoning is Traditional Main Street which permits the usage for retail, office, or other professional use. The main floor currently is a profitable 28 seats restaurant, the 2nd floor is a 2 bedroom apartment which can be converted to commercial uses. The basement is full height and dry and great for storage. New Roof and windows: 2021; furnace: 2015; Private parking is for two cars in tandem.

Discover a rare investment opportunity in Ottawa’s revitalized Hintonburg neighborhood. This mixed-use property on Wellington Street West offers 6 commercial units over 10,185 sq.ft. of retail space and 11 residential units above, all fully occupied. With over 140 feet of prime frontage, this property is the largest site between Parkdale and Somerset Street West, covering approximately 20,039 sq. ft. The property generates a gross income of $586,658, with operating expenses of $228,965, producing a net operating income of $357,693. Its prime location provides easy access to Tunney’s Pasture, Bayview LRT Station, LeBreton Flats, and the Queensway via Parkdale Avenue. Zoned TM11, the property allows for diverse uses and a development height of 20 meters (65 feet), making it ideal for future residential intensification redevelopment. This property is a secure, lucrative investment offering steady rental income and significant growth potential in a vibrant, artistic community.

Prime investment opportunity in West Centre Town. Whether you are an investor looking for immediate rental income or a developer seeking a prime location, this multi-unit building offers endless possibilities. This building has been extremely well maintained by the same owners for almost three decades. The location is conveniently accessible to the Queensway and public transportation, making it a highly desirable location for tenants and developers alike.

This is a fantastic opportunity to own a turn key 8-unit investment property, with phenomenal cash flow! Perfectly situated only steps from Lebreton Flats, Little Italy and Chinatown, in a community filled with a diversity of restaurants, cozy cafes and all the amenities of living downtown. Public transit is within a block with quick access to the LRT station which runs through Lebreton Flats. Gross income of $138k+ with an NOI of $100k+. This is an outstanding investment opportunity at a 6.3% cap rate. This building is well maintained and in great condition with recently renovated units and a solid tenant base comprised primarily of young professionals. This building is extremely easy to manage and boasts a cooperative relationship between the owner and the tenants. All units are located above-grade and comprised of 3 spacious and bright two-bedroom units, two one-bedroom units and three bachelor suites. The impressive top floor two-bedroom unit was recently fully renovated with a new kitchen, new bathroom, full interior painting, new laminate flooring and fixtures throughout. A profitable coin operated laundry is in the basement with ample storage space for tenants. The property sits on a 71 x 46 lot with R4UB zoning and the spacious side lot (which currently holds 7 parking spaces) offers the potential for future development opportunity to add additional units.

691-701 Somerset Street West is one of Chinatown’s most recognizable and identifiable commercial properties. Immediately visible from the Royal Gateway at Bronson Avenue, this investment represents the opportunity to own a fully tenanted building in a prestigious location. The site area for the property is 7,592 sf with a total of 14,324 rentable square feet over the first and second floors. Serviced with both an elevator and spiral staircase, the second floor provides a 7,327 sf unit, where the ground floor unit provides approximately 3,430 sf. Both units have executed 5-year leases in 2024. Three additional retail units on the ground floor are also leased. A 7,167 sf lower-level parking garage provides approximately 16 parking spots accessed from Cambridge Street North. The site also benefits from ample street parking and a parking lot to the west of the property.

This 5 unit property is ideally situated in trendy Hintonburg. Steps to transit, shopping, coffee shops and everything Wellington and Preston have to offer. Brick building featuring 3 x 1 bedrooms, 1 x 2 bedrooms and 1 bachelor unit. Cosmetic interior work done on some units upon turnover. Roof replaced in 2009. Gas fired boiler 2014. Parking up to 4 cars. Great upside potential for rents on tenant turnover. Gross Income: $62,988.00, Total Expenses: $24,653.61 Net Operating Income: $41,334.39

Development lot in Little Italy (10,904 Sq.Ft.). This property consists of 3 income producing properties with the rental income of $ 7,790 per month. All zoned R4UD with potential upgraded zoning by-law. (Buyer to verify all future uses). 2 min walk to the new Corso Italia LRT stop, steps to the Trillium Pathway & all that Preston has to offer as well as Dows Lake & the Glebe Annex. Homes being sold "as is, where is" as an assembly. Major developments happening in area.

A well-established and profitable convenience store operating for over 35 years in a high-traffic area. Located on a prime corner at Hinchey and Lyndale, this store benefits from a loyal customer base, excellent visibility, and steady foot traffic close to government offices, residential areas, and public transit. This business presents a fantastic opportunity for an owner-operator or investor looking for a stable, revenue convenience store in a vibrant neighborhood. The location ensures consistent sales from nearby residents, office workers, and transit commuters. Buyers must verify all figures. No direct visits. Don't hesitate to get in touch with us for further details

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented for $2,800 and bottom unit presently owner occupied with an estimated rental income of $2,900 per month. Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs of $168,927.00.

PRIME DEVELOPMENT SITE offers a fantastic opportunity to build an 8-unit apartment building in one of Ottawa's most sought-after neighborhoods, Centretown West. The property includes all necessary documentation to proceed immediately, a survey, full architectural working drawings, and completed environmental and engineering studies. The proposed building consists of 8 units: seven one-bedroom+den apartments (designed to easily convert into two-bedroom units post-construction) and one accessible one-bedroom unit. The design features in-suite laundry for each unit, and bike racks are provided for residents, as there is no parking on-site. The existing building is vacant, boarded, and ready for demolition, with utilities already capped, ensuring a smooth transition for the new owner. Site is perfectly situated next to a brand-new condo and across from other new developments, ensuring strong future rental demand. This is an ideal opportunity for developers to acquire a well-prepared project in This property sits in the heart of West Centre Town, one of the most vibrant and sought-after neighborhoods in the city. With a high walk score, everything you need is just steps away trendy cafes, top-rated restaurants, boutique shopping, lush parks, and excellent public transit options. You're within walking distance of downtown, Little Italy, Chinatown, and Hintonburg, offering an incredible mix of cultural experiences, nightlife, and community charm. Whether commuting, dining out, or enjoying the city's best amenities, this location offers unmatched convenience and urban living at it's finest. With building permits ready and a fully approved design, you can start construction immediately. The estimated market value for the fully completed development, fully rented at market rates, exceeds $3.5M, offering excellent potential for long-term investment or profitable resale! Don't miss this amazing investment opportunity!

Spacious restaurant for sale, fully equipped with a complete set of kitchen appliances. The rent is reasonable, with no increase for the next three years, and an added bonus of rent-free Augusts each year. This is a fantastic opportunity for anyone looking to invest in a profitable business. Schedule a viewing todaydont miss out on this chance to start earning!

Exceptional opportunity to own this fantastic turnkey Cafe unit in a prime location in vibrant Hintonburg, the cozy cafe offers a welcoming space to enjoy freshly brewed coffee, delicious pastries, and wholesome meals. With seating for over 40 guests, it's the perfect spot for everything from quiet solo visits to casual meet-ups. The cafe blends a warm, inviting atmosphere with high-quality, locally sourced ingredients, creating a truly special experience for coffee lovers and food enthusiasts alike. Don't miss your chance to own this well-appointed cafe space and bring your culinary vision to life! Assets of the business are for sale with lease to be assumed by Buyer. Business name and trademarks included with sale. Inventory is included with the sell.**Please DO NOT approach staff with any questions**