Commercial Properties for Sale in Downtown

Ottawa Retail for Sale - Centretown-Byward

Prime commercial building in the heart of the Glebe - one of Ottawa’s trendiest neighbourhoods! A vibrant mix of restaurants, shops and tree lined streets with a rich history. The building is leased to 3 established tenants including Little Victories Cafe, Magpie Jeweller, and Viens Avec Moi Clothing (view lease terms on the following page below). Ideal investment opportunity.

Property Subtype:

Storefront

Date on Market:

2025-11-14

Ottawa Multifamily for Sale - Centretown-Byward

Discover a beautifully restored, fully rented, 11-unit multi-family building ideally situated in the heart of Ottawa. This fully modernized property presents a turn-key investment with strong tenant appeal and minimal ongoing capital requirements. Each suite showcases thoughtful design and durable finishes, blending heritage charm with modern functionality — a rare balance that ensures lasting desirability and consistent rental demand. In 2015, the building underwent significant upgrades, including a new boiler, a replaced roof, and the addition of air conditioning and a common laundry room. Two on-site parking spaces further enhance its appeal in this central urban setting. Positioned within walking distance of grocery stores, restaurants, nightlife, Chinatown, and the Elgin Street corridor — and minutes from Highway 417 — this property benefits from exceptional accessibility and strong location fundamentals. With its combination of historic character, quality upgrades, and steady income potential, 186 James Street represents a secure, long-term addition to any investor’s multi-residential portfolio.

Property Subtype:

Apartment

Date on Market:

2025-11-14

Ottawa Retail for Sale - Centretown-Byward

Exceptional opportunity to own a landmark 3-storey building in the heart of Ottawas iconic ByWard Market. This versatile space offers tremendous potential for investors or hospitality operators. Located in a high-foot-traffic, high-visibility area surrounded by retail, dining, and nightlife. Flexible interior layout, heritage charm, and prime location make this a rare offering in one of Ottawas most vibrant commercial districts.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-09-30

Ottawa Retail for Sale - Centretown-Byward

Positioned on iconic Bank Street and offered vacant, this 1,500 sq. ft. commercial space delivers the street-level presence businesses chase, with strong signage exposure and front-facing windows that put your brand directly on one of Ottawa's busiest urban corridors. The efficient two-level layout is designed for operators who can maximize visibility on the main floor while leveraging the lower level for back-of-house functions such as storage, production, training, or private service areas, making it a compelling fit for specialty retail with inventory, studio concepts, fitness or wellness operators, and other destination-style businesses that value location and function. Zoned TM[19], this is a rare chance to secure ownership along a high-demand strip surrounded by established shops, restaurants, and growing residential density.

Property Subtype:

Storefront

Date on Market:

2025-07-24

Ottawa Retail for Sale - Centretown-Byward

Located in the heart of Ottawa Centretown, directly across from the new James House condo development, a 2-minute drive to HWY 417 / the Glebe and surrounded by dense residential and commercial retail. This vacant building offers a ground-level 2,000 sqft retail unit with a separate entrance to the second floor, which includes two individual units, and an additional unit in the basement with a separate entrance. Each floor is approximately 2,000 sqft. The property includes six tandem rear parking spaces. HVAC systems were replaced, along with new grade-level windows and front doors, in 2016. This property presents an excellent opportunity for owner-users, while also offering the ability to generate additional rental income. Sale Price: $2,200,000 Ground Floor Ceiling Height: 10' Second Floor Ceiling Height: 9' Basement Ceiling Height: 8' Building SF: 6,147 SF Lot Size: 3,735 SF Parking Spots: 6 Tandem Electrcial: 100A@600V and 200A@240V HVAC: Separate HVAC's per Floor (2016) Roof: Flat (2025) Zoning: TM H(19)

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-07-16

Ottawa Land for Sale - Centretown-Byward

Zoned R5S [S77], permitting low- to high-rise residential and limited ground-floor commercial uses (e.g., retail, office, cafe) within mixed-use buildings. Commercial uses must front the street and be part of a residential structure. Buyers to verify all zoning, permitted uses, and development options with the City of Ottawa. All marketing images are conceptual only and not city-approved.

Property Subtype:

Commercial

Date on Market:

2025-05-13

Ottawa Retail for Sale - Centretown-Byward

Situated in Centretown, this building boasts three levels of improved space. Each level is self-contained with large open areas, kitchens and two sets of washrooms. The building is equipped with an elevator that services each floor. With the current zoning, this building is well suited for a variety of users including group homes, diplomatic missions, rooming houses and more.

Date on Market:

2024-12-09

Ottawa Office for Sale - Centretown-Byward

Introducing a prime real estate opportunity in the heart of downtown. This secure building boasts an exceptional central location, making it the perfect choice for medical professionals and professional service businesses. Situated just steps away from the vibrant amenities along Somerset and Elgin Street, it offers convenience like no other. We're pleased to offer Suites 200, 300, 402, and 600 for lease or sale, presenting a rare opportunity to acquire an entire floor with direct elevator access. Custom fit-up packages are available, ensuring your space meets your exact needs. Take advantage of our aggressive Vendor Take Back (VTB) financing option and rest easy with both covered and surface parking options. With a professionally managed building, you can focus on your business while we take care of the rest. Don't miss out on this outstanding real estate opportunity. Broker protected. Purchaser/tenant allowance available. Contact us today to secure your space in this prime downtown location.

Date on Market:

2023-10-13

Ottawa Portfolio of properties for Sale - CBD

TD Cornerstone Commercial Realty Inc. and Cushman & Wakefield Ottawa (collectively, the “Advisors”), have been retained on an exclusive basis by KSV Restructuring Inc. in its capacity as receiver and manager (the "Receiver") of the property, assets and undertaking of Ashcroft Urban Developments Inc. including its interest in the real property known municipally as 101 Queen Street and 108-116 Sparks Street, Ottawa, Ontario (the "Property" or "Offering"). The Offering is located within a recently completed, modern mixed-use development steps away from Parliament Hill in downtown Ottawa and offers investors the opportunity to acquire and operate an established extended stay hotel property or reposition as a luxury rental apartment building.

Property Subtype:

Mixed Types

Date on Market:

2025-04-09

Ottawa Office for Sale - Centretown-Byward

505 O’Connor Street presents a rare opportunity to acquire a mixed-use property in the heart of Ottawa’s highly desirable Glebe neighbourhood. Situated on the corner of O’Connor Street and Monkland Avenue, the ~4,400 square foot building features a ground-floor commercial space (~1,800 SF), currently operating as a medical office, which can be delivered vacant or open to short-term leaseback. With recent capital improvements, including a recently upgraded boiler, furnace, a/c & roof, the space is ideally suited for medical or professional uses. Its prominent corner location offers excellent visibility, with signage potential, and convenient access to transit and Highway 417. Above the commercial space are two fully leased residential units, each occupying its own floor: a spacious three-bedroom unit (~1,800 SF) and a two-bedroom unit (~800 SF). These units provide steady cash flow and appeal to a wide tenant base, including families, professionals, and students, thanks to the Glebe’s walkable amenities, nearby retail, and proximity to Bank Street. This offering is well suited for owner-users seeking to occupy quality space while benefiting from the residential rental income, or investors looking for long-term value in a stable, centrally located asset.

Property Subtype:

Office/Residential

Date on Market:

2025-07-17

Ottawa Office for Sale - Centretown-Byward

An exceptional investment opportunity in the heart of Ottawa’s Centretown, this distinguished three-storey office building with a full basement offers 6,128 square feet of well-designed space behind a classic brick façade. Purpose-built for professional use, the property combines timeless architectural appeal with modern functionality, ensuring enduring tenant demand. Strategically located at the crossroads of Downtown, Centretown West, Chinatown, and The Glebe, the building offers a prestigious business address with unmatched connectivity. Immediate access to Highway 417, major transit routes, and Ottawa’s core business and government districts enhances its appeal for a wide range of occupiers. Place your business at the crossroads of convenience and connectivity. Just steps from Bank Street and Elgin Street, tenants enjoy immediate access to Ottawa’s diverse dining, retail, and professional services. The building is minutes from Highway 417, providing effortless commutes across the city, while major bus routes and cycling paths further enhance accessibility. Its Centretown setting ensures proximity to government offices, the downtown financial district, and cultural landmarks, making it an ideal location for businesses seeking both prestige and practicality.

Date on Market:

2026-01-06

Ottawa Office for Sale - Centretown-Byward

An opportunity to own a versatile Victorian-style office space in Ottawa's Centretown, steps from Ottawa's Financial District and minutes from Parliament Hill. Pride in ownership is evident throughout this classic office. Offering 2,532 sq. ft. plus 828 sq. ft. in partially finished lower level with +/- 10 offices, reception, kitchen, file room, records storage, and more. Rich in character, the space features original millwork, intricate wood trim, high ceilings and tall windows typical of a Victorian design. Perfect for professional offices, medical, dental, spa, wellness, legal, consulting, or non-profit users seeking a downtown address with unique character and charm. Ample on-site parking as well as 2 hour on-street parking. Surrounded by restaurants, cafes, government offices, banking, and retail, with access to LRT stations and public transit. This property combines location, visibility, and flexible functionality making it a strategic ownership opportunity for many users.

Date on Market:

2025-12-10

Ottawa Office for Sale - Centretown-Byward

Property Subtype:

Loft/Creative Space

Date on Market:

2025-12-01

Ottawa Portfolio of properties for Sale - Centretown-Byward

This rare investment opportunity features two fully-leased properties (1 mixed-use and 1 commercial) and a vacant parking lot spanning approximately 201 by 101 feet in the heart of downtown Ottawa. Strategically positioned between St. Andrew Street and Guigues Avenue, along the well-trafficked Dalhousie corridor, the portfolio includes 10 commercial units(7 Tenants) and 6 residential apartments, all fully occupied.Generating a strong gross income of over $449,000 annually, the offering presents stable cash flow with upside potential through future rent escalations or site intensification. Zoned TM (Traditional Mainstreet), the properties benefit from flexible zoning that supports a wide range of commercial and residential uses, making this a rare and versatile holding in one of Ottawas most dynamic urban neighbourhoods.Opportunities to acquire this scale and street presence in the ByWard Market area are exceptionally limited, particularly with assembled frontage and secure income in place

Date on Market:

2025-11-21

Ottawa Office for Sale - Centretown-Byward

Grand Victorian classic with all the charm and architectural detailing you would expect of this era. Approximately 3300 sq ft with large rooms [the main floor itself is over 1400 sq'], bay windows, high ceilings, tall baseboards. The zoning will allow just about any use you can imagine. Located a few doors from the French Baker, Dalhousie Street - the original "urban village", 1/2 a block from the Rainbow Club and the heart of the tourist mecca and nightlife scene, the Byward Market. Has a kitchen, 3 washrooms. Special features are a private gated driveway for ~4 vehicles in impressive interlock stone pavers, plus it leads to a 32' x 18' modern concrete garage with a 10' wide overhead door. Recent forced air gas furnace 3 years old, back roof ~3 years and the front roof ~10 years.

Date on Market:

2025-11-20

Ottawa Multifamily for Sale - Centretown-Byward

Architectural Award-Winning Victorian Adjacent to the Golden Triangle. This architectural award-winning Classic Victorian stands as a testament to timeless craftsmanship and pride of ownership. Ideally located adjacent to Ottawa's prestigious Golden Triangle, between Metcalfe and Elgin Streets, this remarkable property features 7 elegant residential units, plus 2 bachelor suites in the charming coach house, along with a 9th legalized one-bedroom suite in the lower level - offering versatility and excellent income potential. Lovingly maintained by long-term owners, the building showcases exceptional care and preservation of its original character. Its refined hardwood floors, intricate plaster coves, decorative mouldings, high baseboards, and solid wood doors reflect the craftsmanship of a bygone era, carefully preserved through thoughtful updates that enhance both comfort and functionality. Four units feature beautiful fireplaces, adding warmth and charm, while every detail reflects the building's enduring quality and attention to detail. The exterior is equally impressive, surrounded by lush, manicured landscaping, mature trees, and a stately façade that embodies the elegance of the Victorian period. With 10 parking spaces and a 66.28 x 110 ft lot, this property seamlessly blends character, space, and convenience. Perfectly situated steps from downtown Ottawa, near O'Connor and Somerset Streets, residents enjoy easy access to the Parliament Buildings, Rideau Canal, University of Ottawa, and the vibrant shops, cafés, and restaurants of Elgin and Bank Streets. Everyday amenities are nearby, including Independent Grocer (2 minutes) and Farm Boy (5 minutes), making this one of Ottawa's most desirable and walkable locations. A truly distinguished property, this classic Victorian represents a rare opportunity to own a piece of Ottawa's architectural heritage - a beautifully maintained residence where history, charm, and prime location come together perfectly

Property Subtype:

Apartment

Date on Market:

2025-11-18

Ottawa Office for Sale - Centretown-Byward

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.

Date on Market:

2025-11-06

Ottawa Multifamily for Sale - Centretown-Byward

For sale is a well-maintained, fully occupied 4-unit multifamily property, originally built in 1920 and thoughtfully renovated multiple times over the years. This classic building blends historic charm with modern updates, making it a truly turn-key investment opportunity. Each unit is currently rented, offering immediate and stable cash flow for the new owner. The property has been carefully cared for, with visible pride of ownership throughout. Whether you're a seasoned investor or just starting your real estate portfolio, this is a rare chance to acquire a solid, income-producing asset that requires no immediate work. Don’t miss out on this opportunity—schedule a showing or request more information today.

Property Subtype:

Apartment

Date on Market:

2025-08-21

Ottawa Office for Sale - Centretown-Byward

Discover an exceptional opportunity in the heart of Sandy Hill! This expansive 5,390 sq. ft. lower-level commercial condo offers versatile space perfect for a variety of businesses. Featuring four fully built studios, male and female washrooms, ample storage, and private ground-level access with an elevator, this unit is designed for convenience and functionality. Zoned Traditional Mainstreet, the space is ideal for a church, yoga, dance studio, martial arts facility or other creative business ventures. Located within walking distance of the ByWard Market & Rideau Centre, this property benefits from high foot traffic, excellent visibility and easy access to public transit, with bus routes right on Rideau Street. Included with the unit are nine dedicated surface parking spaces, adding convenience for staff and visitors. Don't miss this rare chance to secure a prime commercial condo in one of downtown Ottawa's most vibrant neighborhoods!

Date on Market:

2025-08-18

Ottawa Portfolio of properties for Sale - Centretown-Byward

An exceptional opportunity to own a rare package of three properties that are sold together in one of Ottawa's most vibrant and high traffic neighbourhoods. 622 Somerset is a residential 4 plex, 628 is an ongoing retail business and 634 Somerset is an ongoing restaurant. Phase 2 environment in file, and a copy upon receiving an offer. Zoning is TM (Traditional Mainstreet) offering flexible mixed use potential. Total lot size is 11,440 SF. Prime site for future intensification. High pedestrian and vehicle traffic. Located in the heart of Chinatown, minutes to downtown and transit. Properties are sold as is. Whether you want to invest in passive income, run a business or redevelop down the road, this is your chance to secure a large urban footprint in a merging and diverse area.

Property Subtype:

Mixed Types

Date on Market:

2025-07-18

Ottawa Retail for Sale - Centretown-Byward

We are pleased to present this 5401 square foot fully occupied retail building located in a prime commercial area. The property is well-maintained and offers a turnkey investment opportunity with stable, long-term tenants. The building features ample parking, providing convenience for both tenants and customers. With its strategic location and strong tenant occupancy, this property offers excellent potential for continued rental income.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-05-13

Ottawa Retail for Sale - Centretown-Byward

This prime development opportunity is located just behind the Byward Market in Lowertown, Ottawa, surrounded by several hotels, retail stores, restaurants, and within close proximity to King Edward Ave. The parcel, measuring 8,276 square feet, is ideally situated for growth with current zoning that allows for the construction of a 6-story apartment building, with no variances needed. The lot currently hosts a two-floor, 3,936 square foot retail property, providing potential for redevelopment. Additionally, the location offers easy access to the Macdonald Cartier Bridge and Gatineau, Quebec, making it a highly desirable site for residential development in a bustling, central area.

Property Subtype:

Auto Repair

Date on Market:

2025-03-05

Ottawa Land for Sale - Centretown-Byward

Located on the corner of Bank & Lisgar (Southeast corner), 5 blocks south to LRT Parliament Station. Approved for 42 apartment units and ground floor retail over 6 floors. Current owner plans to build commercial retail on ground floor (approx. 4500 sf) and 6 floors of residential apartments (44 units) of approx. 7000 sf each floor. Current zoning will allow another 2 floors (9 floor total) – city may allow more. Site Plan Approved for 42 units.

Property Subtype:

Residential

Date on Market:

2024-11-14