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. (id:66096)
Property Details
MLS®
X13201164
Property Type
Office
Zoning
NB5[479] H(23)
Parking
11
Interior Size
6,863 ft²
Lot Size
88 × 109 ft (9,605 sq ft)
Frontage
88 ft
Heating
Forced air, Natural gas
Cooling
None
Property Tax
$20,112/yr
Listed
161 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
161d
Ottawa listings, avg age
63d
Price / ft²
$386
List price
$2.65M
Long Listed: 161 days on market, against an average age of 63 days across the listings currently for sale in this city
Market timing · days on market0 → 63d avg age of current listings
Long Listed · day 161
Haho
This office in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by ROYAL LEPAGE INTEGRITY REALTY · Mitch Gauzas
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K2P)
This home lists at $2,649,000, about 39.8× the local median household income of $66,500.
Carrying it typically needs a household income of about $517,442 (20% down, 25-yr amortization, stress-tested) — roughly 678% above the area median.
Median household income
$66,500
Population
18,825
Median age
34.4
Owner / renter
19% / 81%
Avg. household size
1.5
Source: Statistics Canada, 2021 Census (FSA K2P)
$2,649,000· $386/ft²
For sale
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