$3,500,000
Ottawa
178 Main Street, Ottawa, Ontario, K1S1C2
This retail property in Ottawa is for sale offering roughly 5,074 sq ft of space.
Unique opportunity for residential and commercial ownership in Old Ottawa East. 178 Main Street offers 5,074 sqft throughout three self-contained units: a spacious commercial unit (Unit A, 1677 sqft), currently leased by Vespa Wine Bar, a two-level 3- bed, 3-bath residence (Unit B, 2905 sqft), and a one-bedroom apartment (Unit C, 592 sqft). Unit B spans two levels with multiple balconies and a large west-facing cedar terrace. The main floor features two living areas, a gourmet kitchen with a statement island and high-end appliances, a full bath with laundry, plus massive windows which lead to an expansive terrace with retractable awning, outdoor kitchen, hot tub, wet bar, and sink. Upstairs includes three bedrooms, including a primary suite with walk-in closet, spa-inspired ensuite, and private balcony, plus a full additional bath. Unit C is a bright open-concept apartment with a gas fireplace, built-in bedroom closet, and den ideal for a home office. The kitchen includes stainless steel appliances, ample counter space, and a peninsula with seating, along with in-floor heating in the kitchen and bath, in-unit laundry, a private deck, and heat pump heating and cooling. Unit A offers prime commercial space suited to retail, restaurant, or professional use, with high ceilings, garage-style front, patio potential, separate HVAC and utilities, and lower-level space. Extensive soundproofing has been added to Unit A, along with a stone wall separating it from Unit C. All units have been previously rented, offering strong income potential. Don't miss this exceptional opportunity in one of Ottawa's most sought-after neighbourhoods. Residential MLS number: X13083828 (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 156 days on market, against an average age of 63 days across the listings currently for sale in this city
This 4-bed retail in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,500,000, about 33.0× the local median household income of $106,000.
Carrying it typically needs a household income of about $683,673 (20% down, 25-yr amortization, stress-tested) — roughly 545% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1S)
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