This retail property in Ottawa is for sale offering roughly 920 sq ft of space. It has been on the market 44 days, fresher than the Ottawa average of 62 days.
An exceptional opportunity to own a commercial condo in the heart of Ottawa's vibrant ByWard Market! This approximately 920 sq. ft. unit offers a prime downtown location just steps from historic Sussex Drive, surrounded by restaurants, cafés, boutiques, hotels, entertainment and established local businesses, with strong year-round local and visitor traffic. Currently home to a long-established hair salon operated by the condo owner, the space features a well-maintained interior, an existing salon layout and two washrooms. For buyers interested in continuing the current use, the existing salon business, equipment and setup may also be negotiated as part of the opportunity offering exciting flexibility for the right buyer. With its manageable footprint and versatile layout, the property is well suited for hair and beauty, aesthetics, wellness, personal services, boutique retail, studio and other commercial concepts, subject to applicable zoning and condominium regulations. Located in one of Ottawa's most recognizable shopping, dining and tourism destinations, the property also offers excellent long-term potential as the ByWard Market continues to evolve through ongoing revitalization and investment in the surrounding area. Whether you're looking to own your business premises, take over an established salon, bring your own concept to life, or add a versatile commercial asset to your portfolio, the possibilities are here. Everything is open for discussion --- bring your vision and bring us an offer! (id:66096)
Property Details
MLS®
X13811688
Property Type
Retail
Zoning
MD4S72
Interior Size
920 ft²
Heating
Baseboard heaters
Cooling
Fully air conditioned
Property Tax
$12,797/yr
Listed
44 days ago
Features
Appliances
Washer, Dryer
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
44d
Ottawa listings, avg age
62d
Price / ft²
$516
List price
$475K
Extended: 44 days 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
Extended · day 44
Haho
This retail in Ottawa has been listed for 44 days, which is 18 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K1N)
This home lists at $475,000, about 7.4× the local median household income of $64,000.
Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.
Median household income
$64,000
Population
26,639
Median age
34
Owner / renter
24% / 76%
Avg. household size
1.8
Source: Statistics Canada, 2021 Census (FSA K1N)
$475,000· $516/ft²
For sale
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