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Investment Highlights

  • Prime commercial condominium located in the heart of the Glebe retail district.
  • Highly walkable location surrounded by boutiques, restaurants, and cultural amenities.
  • Situated within an established mixed-use community known for strong consumer traffic.
  • Current tenancy with Canada Post ensures a secure, long-term income stream.
  • Provides excellent connectivity to downtown Ottawa and major transportation routes.

Executive Summary

The property is located in Ottawa’s Glebe neighborhood, approximately 2.5 km south of downtown Ottawa. It is near major arterial roads, including Queen Elizabeth Drive and Bronson Avenue, and within easy reach of Highway 417. The surrounding area comprises a mix of retail, dining, and residential properties, fostering a walkable commercial environment. The Glebe is a historic urban community recognized for its concentration of local businesses and proximity to Lansdowne Park, a prominent sports and entertainment facility.

1 Unit Available

Unit 108

Unit Size 1,083 SF
Price $973,500 CAD
Price Per SF $898.89 CAD
Condo Use Retail
Sale Type Investment
Sale Notes

ATTN INVESTORS!! Welcome to 108 Third Ave Unit 3 - A Prime Commercial Opportunity in the heart of the GLEBE. Discover this spacious 1947 sq ft commercial condo unit, currently tenant-occupied by Canada Post. Don't miss your chance to own a piece of commercial space in the highly south after are of the Glebe with a A+ tenant for a steady income stream!

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 24,417 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 3
Typical Floor Size 8,139 SF
Year Built 2011
Zoning TM H(15)

Amenities

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Recycling
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 16 - 1,017
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
  • Listing ID: 40266150

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 108 3rd Ave, Ottawa, ON K1S 5B1

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