Commercial Real Estate for Sale

Location, Location, Location! Transform this high visibility asset into Commercial space of your own. Flexible zoning allows for Mixed use - turn into an OFFICE or have SHORT TERM RENTALS, etc. Endless possibilities await with this exceptional income-generating property in the heart of Central Ottawa, ideally positioned between Centretown, Chinatown, and Little Italy. A rare opportunity for investors, developers, and land bankers seeking strong cash flow today with substantial redevelopment potential tomorrow. Zoned TM14 H(20), this highly flexible zoning allows for a wide range of commercial, mixed-use, and multi-residential uses with building heights up to 20 metres, creating tremendous future upside in one of Ottawa's fastest-growing urban corridors. Situated on a 29 x 110 ft lot with 5 rear parking spaces, this property offers unbeatable convenience with a near-perfect Walk Score of 99/100. Steps to transit, employment hubs, restaurants, parks, shopping, and downtown amenities, this location continues to attract strong tenant demand and redevelopment interest. Currently configured with 7 (seven) fully furnished mid- to long-term residential tenants (formerly office use), accompanied by 2 shared kitchens and 2 shared bathrooms. The property has undergone over $100,000 in renovations to enhance tenant appeal and maximize rental performance. Potential gross income when fully rented: $116,832/year. Generate strong existing income while maintaining the flexibility to redevelop, reposition, expand, or hold as a long-term appreciation asset. Ideal for developers, commercial investors, multi-unit buyers, and those seeking a value-add opportunity with future intensification potential. Rarely do properties combine cash flow, premium urban location, zoning flexibility, parking, and development potential in one package. Contact listing agent for financials, additional photos, and private viewing. ALL SERIOUS OFFERS WELCOME.

233 Argyle Avenue presents a unique redevelopment opportunity in a highly strategic location within Ottawa's Centretown. This 5,653 sq. ft. (33' x 171') lot is zoned Neighbourhood Zone 4 - N4B[2881] permitting a wide range of commercial and residential uses. The site also benefits from active site plan approved application for the potential development of a 14-unit residential addition to the existing office building. The property is currently improved with a 2,813 sq. ft, 3 storey office building, which will be provided vacant, along with approximately 15 surface parking spaces in the rear of the lot, which a potential buyer/developer can lease to generate immediate income during the development planning process. Supporting planning, environmental, additional reports and other building information can be made available upon request.

Exceptional restaurant opportunity in the heart of Ottawa's vibrant Chinatown! This well-established business, Jadeland, is now available for sale (Business Only), offering a seamless transition for the next owner into one of the city's most iconic commercial corridors. The current owner has operated here for a remarkable 29 years! The unit features a functional layout with around 900 sq. ft. of dining space accommodating 11 tables and seating for 50-60 customers, complemented by an expansive 600 sq. ft. professional kitchen designed for high-volume service. Additionally, a basement provides ample storage space. The listing price includes all existing equipment, ensuring a truly turn-key operation from day one. Situated in a prime location with heavy pedestrian and vehicular traffic, this property enjoys unparalleled exposure and is steps away from diverse shops, residential hubs, and the LRT. 8 parking spaces available! Financial statements are available for qualified buyers upon request. Whether you choose to maintain the successful Jadeland legacy or introduce a fresh new culinary concept, this is a rare chance to secure a prominent foothold in a high-demand neighborhood.

Located in the heart of the Business and Tourist district of Ottawa Downtown, Now it is an Asian Express Cuisine. Liquor licensed and currently 72 seat (license capacity is 153). All assets (in the asset list) are included in the sale of the business. Contact listing agent for viewing. HST will be applied to sale price.

INVESTORS & DEVELOPERS! Currently generating $7,042/month ($84,504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2,300/month, the main-floor commercial space for $3,842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is)

Luxurious restaurant / wine bar in a central location right in the heart of Somerset Village. Business asset sale only, not including trade name and not including property. Remarkably nice and fully fixtured restaurant in a heritage building offering a turnkey opportunity to start a new concept. High traffic urban location surrounded by many successful local businesses in the immediate block including Prohibition, Arlo, Trofi, Union 613 and more. The space underwent extensive renovations creating a stunning and charming atmosphere. Features include a large bar seating area, private dining room, kitchen exhaust hood in an open-style kitchen, wine display cabinet, wine cellar in basement, washrooms and storage in basement. Small patio opportunity also available at the front.

Excellent opportunity to own a well-established and profitable shawarma business in a great location with an established customer base. The business generates strong revenue and offers excellent financial performance, with impressive financial statements available for qualified buyers. Fully equipped and ready for a new owner to take over and operate immediately. Great opportunity for an owner-operator or investor looking for a successful turnkey food business with strong growth potential.

Builder and developer opportunity in the heart of West Centretown. 141 Percy St is a CM1-zoned brick duplex on a 272 sq m (50x58 ft) lot offering many permitted mixed-use/commercial uses, steps from Somerset West, Little Italy, and the Gladstone commercial corridor. Existing property (1,476 sq ft above grade / 4 bed / 2 bath / 2 kitchens across two self-contained units) generates holding income while you plan: market rents support $1,900-2,100/unit plus $170+/space/month on 4 private drive spaces ($8,160+/yr parking). Offered by the Estate at $899,900 - as-is, where-is, vacant possession, probate complete, flexible closing. 24-hour irrevocable on all offers.

A rare investment opportunity in a prime location, a mixed-use property featuring an established restaurant (triple NET lease) on the ground floor and six residential apartments upstairs (tenants pay individual heat and hydro, water is included), offering immediate, reliable rental income. With a strong tenant mix and the stability of a proven business below, this is a turnkey opportunity for investors or owner-operators seeking long-term value in a prime urban location.

Excellent Investment Opportunity Single Commercial Unit and 3 Residential Units see attachments for rental income.

Investors /Builders take note! This is a great and unique offering features a commercial building with approximately 3,000 sq. ft. of functional space, complemented by a single-family home on-site. Both buildings need work! Large lot of roughly 5,888 sq. ft., Right on Catherine, the property provides excellent potential for mixed-use purposes. Its versatile layout allows for a combination of commercial operations and residential use, making it an attractive opportunity for investors, owner-users, or redevelopment. Located at corner of Catherine and Bay Street, this property benefits from strong visibility, convenient access, and proximity to surrounding amenities. With ample square footage and dual-use potential, it represents a rare chance to secure a flexible asset in a prime location

Rare five-unit investment opportunity in the heart of Centretown! This income-producing multifamily property offers an excellent unit mix, featuring one spacious 3-bedroom, 2-bathroom unit with in-suite laundry and four 1-bedroom, 1-bathroom units, making it an attractive option for both investors and tenants. Ideally located in one of Ottawa's most sought-after urban neighbourhoods, this property is just steps from vibrant shops, restaurants, cafés, parks, and public transit. Its prime location provides tenants with exceptional walkability and easy access to downtown, government offices, and major employment hubs. With strong rental demand, multiple income streams, and long-term appreciation potential, this property presents a compelling opportunity to expand your investment portfolio or add a quality asset to your holdings. Whether you're a seasoned investor or entering the multifamily market, this well-positioned property offers both stability and growth potential.

Excellent mixed-use investment opportunity in a prime central location! This well-maintained building features a main-level retail/commercial/office space with good storage in the basement plus two separate residential apartments on the upper levels, creating an attractive income-producing property with multiple potential uses. The second-floor apartment offers 1 bedroom with parking included while the third-floor apartment offers an additional residential unit generating steady rental income. Tenants currently pay their own utilities with the exception of water, helping reduce operating costs. The main-level office space provides excellent exposure and flexibility for a variety of business uses or future leasing opportunities. A detached garage and parking for 4 vehicles included behind the building. Ideal opportunity for investors seeking cash flow and future rental upside, or owner-occupiers looking to operate a business while benefiting from additional income from the residential units above. Conveniently located close to downtown, transit, shopping, restaurants, and major amenities. Rare opportunity to own a versatile mixed-use property in a sought-after urban location with strong long-term potential.

An exceptional investment opportunity in the heart of Centretown, this mixed-use property offers multiple income streams in one of Ottawa's most desirable and walkable neighbourhoods. Situated on Waverley Street, just steps from downtown, shops & restaurants of Elgin Street & Bank Street, the Rideau Canal, and public transit - this is a prime addition to any investment portfolio. The property features five professional office spaces and three self-contained one-bedroom apartments, including a charming detached coach house at the rear of the property, creating strong appeal for both commercial and residential tenants. A finished lower level adds even more value with three 2 piece washrooms, laundry facilities, and ample storage, while also presenting the potential to create an additional residential unit (subject to all required approvals and permits). Six on-site parking spaces provide a significant advantage for tenants and clients alike - an increasingly rare feature in Centretown. This property offers excellent cash flow along with future value. Whether you're looking to expand your investment portfolio or secure a versatile income-producing asset in a high-demand urban location, this is an opportunity you won't want to miss!

Prime corner location at Bronson and James in the heart of Ottawa! This versatile property offers excellent visibility and high pedestrian and vehicle traffic perfect for retail or office use. Bright, open space ready to accommodate your business vision with plenty of on-site parking, a rare find in this central location. Great opportunity to establish your business in a vibrant and easily accessible area close to downtown amenities and major routes. Additional address is 409 Bronson.

Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city's most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low - to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City's long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you're looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa's urban core.

Rarely available 6-unit with accessory 7th unit investment property in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025.

Exceptional Investment Opportunity and excellent location in downtown Ottawa! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtown Ottawa. Benefting from dual frontage and two separate addresses on both streets . It is surrounded by many high apartment buildings. In a densely populated neighborhood, it offers access to top-rated public schools, parks, and recreational facilities. The location is highly convenient, with bus stops and the OLRT-Lyon light rail station within walking distance.The property spans 3,300 square feet, upstairs with 5 offices/bedrooms (suitable for use as offices, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The first foor is currently operating as a convenience store, but can easily be adapted for other uses. The current building's basement is used as storage, but it can be also used as club. A total of 12 parking spaces are available, with 7 at the rear currently rented out for additional rental incomes with 2200 square feet area land . With ample parking, excellent transportation access, and versatile usage options. In addition, in terms of New Zoning (By-law 2026-50), the place can be built a hub(high building with 90 meters). Another building can be constructed in the additional land(i.e. the parking spots). It can be used (1)personal service business: barber shop, beauty parlour, or dry cleaner's distribution station. (2) place of assembly: club. (3)retail store: drugstore, floristshop, newsstand. (4) restaurant. This is a rare investment opportunity! Owner can offer second mortgage choice to buyer.

An exceptional opportunity to acquire one of Ottawa's most recognized and established wellness and beauty brands. Dilaani has earned an outstanding reputation for its signature Japanese Head Spa experience, premium spa services, and exceptional client care, making it a trusted destination with a loyal and growing clientele.Strategically located in the heart of downtown Ottawa, this fully turnkey business boasts over 32,000 social media followers, 700+ five-star reviews, and thousands of existing clients, providing a strong foundation for continued success. With proven systems, an established brand, and significant growth potential, this is an ideal opportunity for an entrepreneur or industry professional looking to step into a thriving operation.The business offers a diverse range of sought-after services, including Japanese Head Spa, customized facials, chemical peels, massage therapy, Footology treatments, scalp treatments, and advanced skincare services. The sale includes an extensive inventory of high-quality equipment, professional product inventory, custom leasehold improvements, and city-approved basement renovation plans, allowing the new owner to continue operations seamlessly while exploring future expansion opportunities. Current rent is $3500 + HST.Rarely does a business of this caliber become available. With strong brand recognition, an established online presence, an impressive reputation, and a loyal client base already in place, this is a turnkey investment offering immediate income and outstanding long-term growth potential.

Ideally situated in Ottawa's coveted Golden Triangle, this property represents a rare opportunity to acquire a well-maintained six-unit multifamily asset in one of the city's most desirable urban enclaves. Each suite is thoughtfully configured, offering a strong foundation of stable income with meaningful potential for rental growth and value appreciation. The property's central location ensures enduring tenant demand, exceptional walkability, and proximity to Ottawa's key employment, retail, and lifestyle corridors. Investors will appreciate the balance of reliability and upside-an ideal addition to any portfolio seeking long-term performance in a high-barrier-to-entry market. A new roof was completed in 2024, further enhancing the property's desireability. Opportunities of this caliber in Ottawa's thriving multifamily market are increasingly rare, making 88 MacLaren Street a must-see for the discerning investor. Seller may consider VTB.

Prime Downtown Ottawa Development Opportunity! A rare three-parcel land assembly strategically located at 440-454 Lisgar Street, offering a 15,745.52 SF footprint prime for transit-supportive, high-density multi-residential redevelopment. Offset your carrying costs with immediate, reliable holding income from two residential homes and a 50+ stall surface parking lot during the planning and entitlement phases.

Versatile mixed-use property in the heart of Centretown offering both commercial and residential opportunities. The bright main floor features high ceilings, hardwood floors, large commercial-grade windows, and excellent natural light. The second level includes a self-contained 2-bedroom residential unit with separate exterior access, full kitchen, bathroom, and laundry. Attractive red-brick exterior, covered front porch, and on-site parking for up to 4 vehicles. Zoned TM[2185] H(16) Traditional Mainstreet, permitting a wide range of commercial, office, retail, and residential uses. Buyer to verify permitted uses.

Rare opportunity to acquire a meticulously restored and fully furnished 5-plex in the heart of Ottawa. Originally constructed around 1900, this stately red-brick property seamlessly blends historic character with extensive modern upgrades, creating a turnkey investment opportunity. Vacant and ready for immediate occupancy, investors can set market rents from day one, while owner-operators have the flexibility to live in one suite and rent the others. The building showcases timeless architectural details, including original hardwood floors, grand staircases, decorative fireplaces, soaring ceilings, oversized windows and period millwork, all thoughtfully preservd and complemented by tasteful updates throughout. Each suite is beautfully appointed and fully furnished, offering a move-in-ready exerience for tenants or short-term rental operators. Extensive improvements have already been completed, leaving virtually nothing to do but collect income. The property features updated kitchens and baths, modern finishes, well-maintained mechanical systems, attractive common areas, and exceptional curb appeal. Multiple balconies and outdoor sitting areas enhance the living experience, while the impressive corner-lot presence reflects the property's rich heritage. A rare bonus in this central urban location is the abundance of on-site parking, with space for 5+ vehicles, providing exceptional convenience for residents and guests alike. Situated within walking distance of Ottawa's vibrant downtown core, restaurants, cafes, shopping, transit, parks and major employment hubs, ideal for investors! Whether your vision is long-term rentals, furnished executive suites, multi-generational living, or a hybrid investment strategy, this exceptional property offers flexibility, character, and income potential in one of Ottawa's most sought-after locations. A true turnkey heritage investment-fully furnished, vacant, beautifully updated and ready for its next chapter!

LONG RUNNING TURN KEY BUSINESS FOR SALE! Your chance to own a piece of Ottawa history. 43 years in operation, "Morala Trading Inc" is synonymous with coffee in Ottawa. With a reputation beyond reproach, Morala Trading Inc sets the standard in service, distribution and supply coffee machines including equipment and related sales. With product distribution, wholesale, online retail and ongoing service contracts, Morala has a diverse and established customer base throughout the city. Great opportunity for a first time owner-operator or a sophisticated business owner looking to expand their portfolio. Seller is happy to remain for a period of time to provide training and support for the Buyer to learn the business model and familiarize themselves with the customer base. Excellent financials and high income earning business. Don't let this opportunity pass you by! In an uncertain economy - everyone still drinks coffee!

Rare opportunity to acquire a fully equipped turnkey restaurant in the heart of Centretown at the highly visible intersection of Bank Street and Somerset Street. This established location has operated continuously as a pizza restaurant for approximately 15 years and features approximately 1,500 sq. ft. of main floor restaurant space with seating for 30 guests, plus an additional 1,100 sq. ft. basement offering future expansion potential for private events, catering operations, storage, or additional revenue-generating uses. The premises have benefited from extensive capital investment and feature a fully equipped turnkey restaurant operation with modern kitchen infrastructure, refrigeration systems, food preparation stations, digital ordering technology and quality leasehold improvements throughout. The estimated replacement value of the equipment, improvements and build-out is significant, presenting an opportunity for a purchaser to acquire an established operation without the substantial capital expenditure, permitting delays and construction timelines typically associated with developing a comparable restaurant from scratch. The business also benefits from a highly favourable gross lease structure, providing predictable occupancy costs with property taxes, common area maintenance, snow removal, building insurance and other operating costs included in the rent, a significant advantage. Prime Bank Street exposure benefits from exceptional pedestrian and vehicle traffic in one of Ottawa's busiest commercial corridors. Ideal opportunity for an owner-operator seeking an established location with existing infrastructure and future growth potential.

A thriving tutoring and learning center is now being offered for sale. This is a ready-to-run operation with everything in place - a warm and structured environment where school-aged children receive personalized academic support, build essential skills, and grow with confidence. The center is known for its individualized approach and the real results it delivers for students. Programs are thoughtfully designed to meet each learner's unique needs, making it a trusted choice for local families. The business is fully operational and well-equipped, making for a smooth transition for the right buyer. For anyone looking to enter or expand within the education sector, this represents a genuine opportunity to take ownership of something already working with solid foundation and with plenty of room to grow further. Franchisor approval is required prior to completing any sale. A Non-Disclosure Agreement (NDA) must be signed before any details about the business are shared. The address shown in this listing does not reflect the actual location of the center.*

The business is easy to run and learn. No experience necessary. No real inventory or cost of goods. Simple easy business with lots of up-side. A rare opportunity to acquire the only dedicated flotation therapy spa in the City of Ottawa. Located in the heart of downtown, this fully built-out, beautifully designed wellness space offers a unique, competition-free position in a growing health and recovery market. As the sole provider of float therapy in the city, this business has established itself as Ottawa's destination for stress relief, mental clarity, athletic recovery, and holistic wellness. With growing awareness around mental health, burnout prevention, and recovery therapies, flotation therapy continues to gain traction making this a strategic acquisition for a wellness entrepreneur or investor looking to own a truly unique offering in the nation's capital. Additional services can be added. Everything to run the business is included in the sale including name, number, website etc...

Step into the world of business ownership and be your own boss with this remarkable opportunity: your very own fully fixtured & equipped, fully operational, and highly profitable restaurant. Nestled in a prime location in downtown Ottawa, with continuous retail traffic, this turn-key establishment boasts a loyal clientele base, excellent reviews, and everything you need to hit the ground running. Why start from scratch when you can seize this chance at a fraction of the cost? Say goodbye to the headaches of renovations and costly equipment purchases - it's all set up and ready for you. With its blend of affordability and potential return on investment, this venture promises a bright future as a restaurant owner. Don't hesitate. Schedule your private viewing and step into the world of entrepreneurship. Please refrain from approaching business staff or customers during operating hours. Visits are available by appointment only through listing brokerage office.

Great opportunity for to own and operate a long established and community respected florist shop on Elgin Street in the Golden Triangle area of Ottawa. Good customer base with great walk in business on the busiest pedestrian portion of Elgin Street. The owner has been operating the shop in the same location for the past 26 years and is now ready to retire. All chattels, customer list and website included in the list price. the owner will remain for a brief period of time to assist with the takeover and introduce commercial clients. Potential for increased sales with longer operating hours. Landlord approval required for new tenant and lease renewal. VISIT WEBSITE belfioreflowers.ca

621 Somerset presents a freehold commercial asset in one of downtown Ottawa's most established corridors. The property features tenant-improved space with existing retail fit-ups, complemented by strong underlying real estate fundamentals, including prominent street frontage and exposure along a high-traffic corridor. Near-term lease expiries provide flexibility to extend existing tenancies or accommodate an owner-occupier, while flexible zoning permits a broad range of commercial and residential uses, supporting future leasing, repositioning, or alternate use.

631 Somerset presents a mixed-use freehold asset along a well-established downtown corridor, featuring a ground-floor barbershop with tenant-installed fit-ups and a second-floor residential unit. The property offers a functional and efficient configuration, supported by strong underlying real estate fundamentals, including prominent street frontage and a central location. Near-term lease expiries provide flexibility to extend existing tenancies or accommodate an owner-occupier, supporting future repositioning or alternate use over time.

Prime Downtown Ottawa Office Building for Sale. An exceptional opportunity for an owner-user or investor in the heart of downtown Ottawa. This standalone office building will be delivered vacant on closing as the current owner-occupier is relocating. The property is zoned for a wide range of commercial uses including diplomatic missions and medical offices, and also presents an excellent urban redevelopment opportunity. Existing zoning permits a building height of up to 23 meters, allowing for a mixed-use residential mid-rise with ground-floor retail. The building is BOMA-certified with 6,863 sq. ft. of usable/rentable area on a generously sized lot featuring 11 parking spaces. The main floor offers 1,701 sq. ft. with a reception area, boardroom, six enclosed offices, and a washroom. The second floor measures 2,029 sq. ft. and includes eight enclosed offices, an open bullpen area, and a washroom. The third floor includes four offices, a kitchenette, and access to the flat roof.Ideally situated within walking distance of the Elgin Street Courthouse, City Hall, and Parliament Hill, the property offers unbeatable accessibility. With a Walk Score of 100, Transit Score of 87, and Bike Score of 99, it is one of Ottawa's most connected urban addresses. Whether you are seeking a turn- key office building or a prime redevelopment site, this property offers exceptional potential and flexibility.

A true turn key gem in the Heart of Downtown Ottawa! Stop looking for the perfect mixed use asset. This updated 3 storey building is ready to perform from Day 1. Featuring a main floor professional office/clinic and two massive, sun filled 4 bedroom apartments above, it's a dream setup for investors and owner operators alike. Tastefully renovated from top to bottom with updates to plumbing, electrical, framing, flooring, and appliances. The established main floor commercial tenant is willing to stay or vacate depending on your investment goals. Unbeatable downtown footprint ensuring historically low vacancy rates and premium rental commanding power. Don't miss out on this stable, high demand asset.

Prime asset sale of a turn-key restaurant space in heart of Centretown. Continue existing franchise restaurant or bring your own concept. Located on a premier high-visibility corner with exceptional exposure, and high foot and vehicle traffic. The unit is 1,375 sq. ft. with a flexible, open layout ideal for a range of concepts from quick-service to casual dining. The dining area is bright and inviting, supporting comfortable dine-in and grab-and-go experiences. Benefit from the modern, high-end restaurant fit-up and equipment for a fraction of the cost of building yourself. This location offers significant growth potential as Centretown's office occupancy rebounds and the daytime population expands. Existing lease to be assumed by Buyer, subject to Landlord approval. Semi-Gross rent $6,846.74 per month plus HST, plus hydro. Schedule all showings through the listing agent; please do not approach staff with inquiries.

"The air of quiet dignity and seclusion suggested by the tasteful yet imposing entrance to Val Cartier apartments is well borne out by the pleasing interior of this apartment building erected in 1931 at the corner of Cartier and Somerset Streets... The 28 units in the building give a wide diversity of choice to the prospective tenant. These apartments are arranged with three, two and one bedrooms, and there is also a number of most attractive bachelor suites which are roomy, convenient and most inviting. The larger apartments have all the spaciousness that is associated with homes of the better sort." From the article about this "new" apartment building in the 1931 Ottawa newspaper The Evening Citizen. Wrought iron balconies, handsome stone entrance, 27 storage units,14 underground parking spaces, New on demand boiler system, New on demand domestic hot water system, Separate and Breaker panels for each apartment, hardwood floors in apartments, common hallways have tiled floors. Common areas available for showings without requiring tenant notice. 3 x 3 bedroom, 6 x 2 bedroom, 3 x 1 bedroom + den, 14 x 1 bedroom, 2 x bachelor

Character-rich Centretown office opportunity just steps from the Financial District and minutes to Parliament Hill. This well-maintained Victorian-style property offers approximately 2,532 SF above grade plus an additional 828 SF of usable lower-level space. Original architectural features including detailed millwork, high ceilings, and oversized windows are complemented by significant existing office buildout that can be readily repurposed for a variety of professional uses.The property is configured with a mix of approximately 7 enclosed offices and 4 open work areas, along with reception, kitchenette, storage, and additional finished lower-level workspace. The layout supports a natural separation between client-facing areas and internal operations, making it well-suited to a range of professional, medical, or service-based users.On-site rear parking for 8+ vehicles (tandem configuration), a rare offering in this location, complements strong walkability to Bank Street amenities, government offices, transit, and LRT. A strategic opportunity for owner-users seeking presence, character, and long-term value in a central location.

Rare dual-opportunity in the heart of Centretown. Buy cash flow today, build tomorrow. Three tenanted units generating verified income with a vacant basement offering additional income potential. Included is a complete, permit-ready 10-unit redevelopment package - full architectural, servicing, grading, electrical and tree reports. Building and demolition permits submitted to the City of Ottawa; first-round review complete with standard infill comments issued. Buyers can revise or proceed to resubmission under their own name. Set up for MLI Select financing: up to 95% LTV and 50-year amortization. Accessible lift included in plans with potential to add 2 additional storeys. 33' x 112' lot. 4 parking spaces. Walking distance to Bank St, Elgin, and Little Italy. Close to grocery, retail, dining, transit and LRT. Unit mix: 2 x 2-bedroom, 1 x 1-bedroom (tenanted) + basement unit (vacant). Permit-ready package, architectural drawings, and financials available. Contact listing agent for data room access.

Euro Bistro is a well-established, family-owned restaurant located on vibrant Elgin Street just a 15-minute walk from Parliament Hill. Known for its warm, inviting atmosphere and loyal customer base, its a favorite among both locals and visitors exploring the city. This is an excellent opportunity for an owner-operator looking to step into a turnkey operation. The business boasts strong financials, consistent foot traffic, and a reputation for quality that continues to drive growth. Whether you're passionate about food or seeking a profitable venture, Euro Bistro delivers on both flavor and potential.

Two storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. Long standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second floor office tenant has approx. 6,000 SF of creative open concept office space which includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for purchaser to occupy part or whole building. No options to renew in place but both tenants willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a 10 minute walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

Prime downtown Ottawa mixed use commercial/residential mix building now available for purchase. Fronting unto Bank Street consists of 2 (fully leased) retail units. Tenant's include nail salon and retail sit-in food service. 4 - 2 bedroom apartments adjoining and fronting onto Flora Street, all fully leased to long term tenants. Financial and lease information available.

Prominently situated on a high-visibility corner along O'Connor Street in Ottawa, this property offers exceptional exposure in a rapidly evolving corridor. The building comprises approximately 1,670 square feet over two levels and has been used as office space for numerous years. The layout features a welcoming reception area, multiple private offices, and a generous main floor boardroom, providing a functional layout and efficient layout. A rare advantage in this location, the site includes on-site parking for approximately six vehicles. This is a compelling opportunity for an owner-occupier/investor seeking immediate usability combined with meaningful long-term upside. A conceptual plan outlines the potential for a six-storey 20 unit residential redevelopment including ground floor office, aligning with ongoing intensification in the surrounding area. The recent announcement of the Taggart development at 267 O'Connor introducing 517 residential units across two landmark buildings-further reinforces the strength and trajectory of this location. Buyers are encouraged to verify zoning for both permitted and intended use. Concept plans have been drafted offering a clear vision of the future potential.

Turn-key franchised restaurant business in a prime downtown Ottawa location with excellent exposure on Bank Street. Ideally situated within walking distance to Parliament Hill, between Laurier and Slater, and close to the ByWard Market, Elgin Street, and Sparks Street. This well-established franchise offers strong head office support, proven systems, and is easy to operate, making it an excellent opportunity for both experienced operators and first-time business owners. Spacious layout with retail, storage, and office area included.

Development Opportunity. High Density Mixed Use. Zoned R5B[1717] S250 F(3.6). Approx 37,512 sq ft (MPAC) Property being sold in as is where is condition.

Prime Location! Sale of a franchise quick-service restaurant business with a fully equipped kitchen. Excellent condition. Turnkey opportunity to run a profitable business along one of Ottawa's busiest streets. Option to purchase business assets only and operate a new concept subject to landlord approval.

Property being sold on an "as-is, where-is" basis under power of sale provisions. 178 Nepean Street and 211-231 Bank Street benefit from plans prepared for a proposed 9-storey mixed-use development with 263 residential units and approximately 101,509 square feet of gross floor area. Purchasers are encouraged to undertake their own due diligence regarding development potential and approvals. The property offers a redevelopment opportunity in the heart of downtown Ottawa. The site is surrounded by a wide range of amenities, restaurants, retailers, and services along Bank Street, and benefits from excellent access to the central business district, the University of Ottawa, Carleton University, and major transit routes.

SHOVEL-READY Apartment Building, an exceptional DEVELOPMENT OPPORTUNITY at the CORNER of Bank St& Florence St. It comes with an APPROVED BUILDING PERMIT for a 6-storey mixed-use building, offering immense potential for an astute developer or investor. This property boasts unparalleled visibility and access in the HEART of OTTAWA, PUBLIC TRANSIT, Retail, Schools, Diverse dining options, Cultural attractions, and Community Amenities, ensuring strong TENANT DEMAND. The approved permits allow for a thoughtfully designed 6-storey building featuring ground-floor commercial space and 28 residential units above. The innovative design strategy FORCUSES on MAXIMIZING rental potential with 7 well-appointed 1-bedroom units and 21 efficiently designed bachelor units (resembling a 1-bedroom-like layout). This strategic unit mix targets a highly competitive segment of the rental market, where smaller, doorstep transit, and smartly designed units are in high demand and typically easier to rent. This approach sets your development apart from the standard 1-bed and 2-bed offerings, a distinct advantage. These crucial studies and designs represent a significant DE-RISKING for the buyer, providing a clear path forward and SAVING YEARS of valuable time and effort. While the existing approved designs offer a streamlined development path, a buyer who prefers to revise elements can still leverage the extensive pre-development work. READY TO BUILD: Significant Savings & Speed to Market!

NEW PRICE today - great opportunity to live in or cash flow. Prime mixed-use opportunity in the heart of Centretown. This detached 2-storey property offers flexible TM zoning allowing for residential, commercial, or mixed-use, making it ideal for investors, business owners, or live/work scenarios. Currently configured as two self-contained units and a bonus accessory unit with a separate vestibule entrance, with the option to convert to a 4-bedroom residential layout.Positioned on a 110 ft deep lot with ample on-site parking, this well-maintained building is clean, functional, and full of upside. The main level was previously operated as a restaurant and is set up to meet fire and safety requirements (buyer to verify), while the upper unit features a private balcony. The property also includes a dry basement, adding usable storage or future potential.Recent updates include over $80,000 in upgrades and major components such as roof, furnace, and A/C (approx. 2013-2014). According to MPAC, the property is recognized as a triplex with residential and commercial/industrial use, providing strong long-term flexibility and redevelopment potential.Unbeatable location just steps to Little Italy, Chinatown, LeBreton Flats, and within walking distance to the LRT, offering excellent access to transit, amenities, and future growth.Investor bonus: opportunity to acquire the neighbouring property for a potential land assembly.A rare, versatile asset in a high-demand urban corridor. Great for an investment now, maybe a owner-operated unit in the future!

Located in the heart of Ottawa Centretown, directly across from the new James House condo development, a 2-minute drive to HWY 417 / the Glebe and surrounded by dense residential and commercial retail. This completely vacant building offers a ground-level 2,000 sqft retail unit with a separate entrance to the second floor with 2 individual units, and an additional unit in the basement with separate entrance. Each floor is approximately 2,000 sqft. The property includes six tandem rear parking spaces. HVAC systems were replaced, along with new grade-level windows and front doors, in 2016. This property presents an excellent opportunity for owner-users, while also offering the ability to generate additional rental income.

Attention developers and investors-prime infill opportunity on Bronson Avenue on the east side of the street, just north of Somerset Street West. This duplex sits on a valuable lot with significant redevelopment potential for a multi-unit residential project 2026 Zoning is Hub Zone 1, H1[112] H(20) under the new City of Ottawa 2026 zoning (buyer to verify zoning and permitted uses). Ideally located just steps from Chinatown, with a wide variety of restaurants, shops, and local businesses nearby, this site benefits from strong urban amenities and consistent demand. Positioned along Bronson Avenue-a major north-south arterial route connecting directly to the Airport Parkway and providing seamless access to Macdonald-Cartier International Airport-this property offers exceptional connectivity and visibility. Located minutes to downtown and close to public transit and LRT as well as LeBreton Flats, this is a rare opportunity to unlock the full potential of a centrally located development site in one of Ottawa's most dynamic neighbourhoods. The duplex is currently partially occupied on a temporary basis and the property is being sold As Is, Where Is. There may be potential for acquisition of a neighbouring property. The property offers flexibility for future intensification in a rapidly evolving corridor.

Located between Kent & Lyon Street, this fully renovated 3 story heritage building is a great opportunity for an owner-occupier in the heart of Centretown. The standalone building features approx. 3,050 SF of office space over 3 stories and 5+ parking spaces. It is filled with plenty of natural light and can accommodate many different professions such as design firms, staffing agencies, law firms, etc. This property offers great access to Highway 417, walking distance to the Lyon LRT station and many amenities close by on Bank Street including Massine's Independent Grocer and Dollarama. Current tenant's lease expires on September 30, 2026.

Welcome to this all brick duplex ideally located in Ottawa's sought after Golden Triangle, offering an exceptional opportunity for investors, renovators, or those looking to build their dream home in one of the city's most desirable neighbourhoods. This property features two separate units including a one bedroom plus den unit on the main level and a two bedroom plus den unit on the upper level, with three hydro meters already in place. The classic brick exterior and deep urban lot provide strong potential for renovation, redevelopment, or customization to suit your vision. The property includes a private backyard with a detached shed providing additional storage, as well as a side driveway offering convenient off street parking. An unfinished basement adds further potential for storage or future improvements. The property also backs onto a rear alley that is currently fenced, though access could be created with the installation of a gate, similar to neighbouring homes that use the alley for parking access via Robert Street. Situated just steps from Elgin Street and within walking distance to the Rideau Canal, National Arts Centre, downtown Ottawa, Ottawa University, Lisgar Collegiate, bike and walking paths, LRT, and countless restaurants and cafés, this property offers an unbeatable location in a quiet and established neighbourhood. A rare opportunity to secure a property in the heart of the Golden Triangle with outstanding long term potential. Property sold as is, where is. 24 hour irrevocable on all offers.

A rare opportunity! Complete 2nd floor offered for sale at the St George located in the Ottawa Market. Approximately 5,200 square feet at $23.00 a square feet for maintenance. Fantastic location for many types of growing businesses, lots of room here. Security guard at the front door. Beautiful and well managed condominium building. 2 separate entrances and staircase to this second level commercial space (view photos attached). Being sold under Power of Sale. As per form 244: 72 hours irrevocable on all submitted offers (no exceptions). Immediate possession. Reception area has immediate access to side entrance for convenience. Lots of separate offices, washrooms (2), shower room, 2 kitchens. Lots of space, lots of potential. Parking rental may be available upon request.

This four-storey mixed-use building offers a rare opportunity to own your place of business in one of Ottawa's most walkable neighbourhoods. With up to two full floors of recently updated vacant office space, and two floors leased to national and local tenants, this asset combines stability and flexibility for owner-users or strategic investors. PROPERTY HIGHLIGHTS: 28,996 SF across 4 storeys with elevator access, Occupy 7,000SF to 14,500 SF potential vacancy across 3rd & 4th floors, Income-Producing Ground and Second Floors with Tim Hortons, Henry's Photo & others, 30 Surface Parking Spaces - extremely rare in Ottawa's core, Recent Upgrades: Elevator (2020), windows (2012), HVAC, and finishes, Easy access to Bank Street, the Queensway, and multiple transit lines, Prime Corner-lot exposure at Bank & Cooper with tremendous branding potential, Future-Proof - Zoned TM H(19): Supports residential conversion or mixed-use redevelopment.

Well-established educational and tutoring center available for sale. This turnkey opportunity provides a structured and supportive learning environment focused on academic support, skill development, and enrichment for school-aged children. The business has built a strong reputation for delivering quality instruction and personalized learning programs tailored to individual student needs. The center offers a welcoming setting designed to promote focus, confidence, and measurable academic progress. Fully equipped and operational, this is an excellent opportunity to acquire a respected education-based business with a solid foundation and continued growth potential.

Well-positioned main street commercial property suited to owner-occupiers and investment buyers alike. Offered vacant on iconic Bank Street, this 1,500 sq. ft. street-level commercial space presents a rare opportunity to secure frontage along one of Ottawa's most established urban corridors. The efficient two-level layout supports strong main-floor visibility while providing functional lower-level space for storage, production, private services, or back-of-house operations, allowing flexibility for direct occupancy or strategic tenant placement. Zoned MS1 H(30), the property permits a wide range of commercial uses, enhancing long-term adaptability and income potential. Surrounded by established retailers, restaurants, and growing residential density, 431 Bank Street benefits from steady pedestrian activity and enduring demand for well-located main street space, supporting curated occupancy, stable income generation, or long-term appreciation within Ottawa's core urban fabric. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information.

Well-established owner-operated cafeteria in Ottawa's business district, serving government employees, construction workers, and sales professionals. Open Monday to Friday, 6:00 AM-3:00 PM, closed evenings and weekends, offering an excellent work-life balance. The business benefits from strong walk-in traffic, repeat clientele, and a simple daytime operation. Ideal for an owner-operator seeking stable income and lifestyle-friendly hours.

Property offered under Power of Sale with offers evaluated on a first-come, first-served basis. A unique acquisition and potential repositioning opportunity in a growing urban market node. Attractive owner-occupier or owner-investor opportunity featuring a front-facing retail unit with multiple residential apartments across the lower level, ground floor, and second floor. Strong street-front retail exposure with excellent visibility and close proximity to Downtown Ottawa's key amenities, employment nodes, and transit infrastructure. Exceptional connectivity with convenient access only minutes from Highway 417. Well located on O'Connor Street, one of Ottawa's busiest arterial corridors, positioned just outside the Central Business District. Property being sold on an "as-is, where-is" basis under power of sale provisions.

An outstanding opportunity to own a thriving, well-established restaurant in the heart of downtown Ottawa. This turnkey business comes with all equipment owned, and the seller has complete financials available, demonstrating strong and consistent performance. Assume the existing lease of $ 3k+ taxes, utilities included, with an option to re-negotiate and extend, offering long-term stability in one of Ottawa's most desirable commercial locations. Perfectly situated in the core of the business district and surrounded by offices and government buildings, the restaurant benefits from steady foot traffic and excellent accessibility. Beautifully maintained and operating successfully, this is a rare chance to acquire a proven business in a premium location. Don't miss this exceptional opportunity! The Seller is willing to consider a Vendor Take-Back (VTB) financing arrangement, with terms and conditions to be negotiated and agreed upon by the parties. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer.