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835 Montréal rd 2,500 SF 100% Leased Retail Building Ottawa, ON K1K 0S9 $899,000 CAD ($359.60 CAD/SF)
Investment Highlights
- Located within minutes of Montfort Hospital and La Cité Collegiale, offering proximity to healthcare, education, and employment hubs.
- Zoning allows for residential with potential for mixed-use redevelopment subject to approvals.
- Existing building features key upgrades, including a newer roof, modern windows, and an on-demand hot water system.
- Positioned on a high-traffic corridor with easy access to major Ottawa thoroughfares and public transportation nodes.
Executive Summary
This property represents a unique redevelopment opportunity in Ottawa’s vibrant east end. Positioned on Montreal Road, the site is ideally located near Montfort Hospital and La Cité Collegiale, providing access to dense residential neighborhoods and key institutional anchors.
Spanning a 50 ft x 100 ft lot and currently zoned R4A, the property supports residential development yet offers the flexibility for mixed-use or office conversion with appropriate approvals. The existing structure has been substantially updated with a newer roof (2014), on-demand hot water system (2015), upgraded windows, kitchen, and flooring, offering immediate usability or a foundation for future redevelopment phases.
The finished walk-out lower level provides a dynamic layout conducive to multi-tenant configurations. Whether you envision an income-generating rental property, professional office suites, or a hybrid residential-commercial concept, 835 Montreal Road delivers the access and adaptability required for long-term value. Surrounded by established neighborhoods and public transit, with strong visibility and proximity to arterial routes, this address is poised for growth amid Ottawa’s continuous urban infill momentum.
Spanning a 50 ft x 100 ft lot and currently zoned R4A, the property supports residential development yet offers the flexibility for mixed-use or office conversion with appropriate approvals. The existing structure has been substantially updated with a newer roof (2014), on-demand hot water system (2015), upgraded windows, kitchen, and flooring, offering immediate usability or a foundation for future redevelopment phases.
The finished walk-out lower level provides a dynamic layout conducive to multi-tenant configurations. Whether you envision an income-generating rental property, professional office suites, or a hybrid residential-commercial concept, 835 Montreal Road delivers the access and adaptability required for long-term value. Surrounded by established neighborhoods and public transit, with strong visibility and proximity to arterial routes, this address is poised for growth amid Ottawa’s continuous urban infill momentum.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,500 SF
Year Built
1990
Price
$899,000 CAD
Price Per SF
$359.60 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 2
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835 Montréal rd
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