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Investment Highlights
- Abundance of natural light
- Fifteen (15) closed offices, seven (7) washroom, one (1) kitchen and one (1) bath
- Foundation repaired in 2020
Executive Summary
Located at the corner of Somerset Street in Centretown Ottawa, 237-239 Metcalfe Street is a distinguished three-storey Victorian-style heritage building constructed between 1876 and 1877 and extensively refurbished. The property comprises a three-storey office building with a partially finished basement and onsite exterior parking. It offers an above-grade gross floor area (GFA) of 7,367 square feet (sf), plus an additional 2,940 sf of finished and unfinished basement space, for a total building area of approximately 10,307 sf. Office improvements include; +/- 15 offices, with one (1) executive boardroom, three (3) meeting rooms, seven (7) washrooms, one (1) shower, one (1) kitchen. There are +/- 12 surface on-site parking spaces. Ideally situated in the heart of Centretown, the building enjoys proximity to parks, restaurants, schools, and essential services. Its central location provides excellent accessibility-just minutes from Highway 417 and approximately 1km from the Parliament LRT station-making it a highly convenient and strategic address for any business.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
10,280 SF
Building Class
B
Year Built
1980
Price
$3,850,000 CAD
Price Per SF
$374.51 CAD
Building Height
3 Stories
Typical Floor Size
2,950 SF
Building FAR
1.11
Lot Size
0.21 AC
Parking
12 Spaces (1.17 Spaces per 1,000 SF Leased)
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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237 Metcalfe St
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