3 baths12 parking6,863 ft²88 × 109 ft (9,565 sq ft) lot sizeListed Yesterday
Overview
This office property in Ottawa is for sale offering roughly 6,863 sq ft of space. It has been on the market 1 day, fresher than the Ottawa average of 62 days.
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 12 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®
X14153354
Property Type
Office
Zoning
N5B[479] H(23) Mature Neighbourhood Overlay
Bathrooms
3
Parking
12
Interior Size
6,863 ft²
Lot Size
88 × 109 ft (9,565 sq ft)
Frontage
88 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$19,576.58/yr
Listed
Yesterday
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
1d
Ottawa listings, avg age
62d
Price / ft²
$364
List price
$2.50M
Just listed: 1 day on market, against an average age of 62 days across the listings currently for sale in this city
Market timing · days on market0 → 62d avg age of current listings
Just listed · day 1
Haho
This office in Ottawa has been listed for 1 day, which is 61 days fresher than the city average of 62. Act while there is still low competition.
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 $2,500,000, about 37.6× the local median household income of $66,500.
Carrying it typically needs a household income of about $488,338 (20% down, 25-yr amortization, stress-tested) — roughly 634% 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)
$2,500,000· $364/ft²
For sale
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Financing
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