Commercial Properties for Sale in Downtown

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 Multifamily for Sale - Centretown-Byward

125 Somerset Street West presents a rare opportunity to acquire a 30-unit multi-family property paired with 3 commercial units, strategically located in the heart of Centretown Ottawa. This asset offers the stability of residential income and the upside potential of retail frontage in one of the city’s most dynamic urban corridors. Positioned within walking distance of Parliament Hill, University of Ottawa, and Elgin Street’s amenities, the property benefits from constant tenant demand and foot traffic. Residents enjoy immediate access to transit, employment hubs, and lifestyle services — essentials that drive strong rental absorption and long-term value appreciation. The Golden Triangle in Centretown is Ottawa’s most established and densely populated urban neighbourhood, offering investors a walkable, amenity-rich location surrounded by government, tech, and institutional employers. With sustained population growth, high transit connectivity, and a renter-heavy demographic, Centretown delivers stable cash flow fundamentals and long-term capital upside — making it one of the city’s most resilient submarkets for multi-family and mixed-use investment.

Property Subtype:

Apartment

Date on Market:

2025-08-19

Ottawa Retail for Sale - Centretown-Byward

1700 sq. ft. of standalone retail space in one of Ottawas busiest urban corridors. Featuring full-height, street-facing windows and prominent main-street signage exposure, this property is tailor-made for owner-operators seeking visibility and long-term value. Zoned TM[19] and delivered vacant, it offers flexible use potential ideal for boutique retail, wellness, or food services. A rare opportunity to own on Bank Streets high-demand strip, just steps from established shops, restaurants, and growing residential density.

Property Subtype:

Storefront

Date on Market:

2025-07-24

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 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 Retail for Sale - Centretown-Byward

CDNGLOBAL is pleased to present the opportunity to acquire 122 Clarence Street, Ottawa, Ontario. This building is conveniently located at the southwest corner of Clarence and Dalhousie between York and Clarence Streets. The property is a multi-tenant retail, office building located in the well-known ByWard Market area of Ottawa. The building has many advantages being close to retailers, ample restaurants, office buildings. The property has excellent visibility with pedestrian and vehicular traffic and is within walking distance to Parliament Hill, Chateau Laurier, Rideau Centre and the Rideau Canal.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-11-08

Ottawa Office for Sale - Centretown-Byward

Parking available at an additional monthly cost. Ideal opportunity for a professional business owner such as medical professionals and professional service businesses such as architects, engineers, accountants, and lawyers.

Date on Market:

2024-10-22

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

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

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 Retail for Sale - Centretown-Byward

Investors /Builders take note! This is a great and unique offering features a commercial building with approximately 3,000 sq. ft. of functional space, complemented by a single-family home on-site. Both buildings need work! Large lot of roughly 5,888 sq. ft., Right on Catherine, the property provides excellent potential for mixed-use purposes. Its versatile layout allows for a combination of commercial operations and residential use, making it an attractive opportunity for investors, owner-users, or redevelopment. Located at corner of Catherine and Bay Street, this property benefits from strong visibility, convenient access, and proximity to surrounding amenities. With ample square footage and dual-use potential, it represents a rare chance to secure a flexible asset in a prime location.

Date on Market:

2025-10-09

Ottawa Office for Sale - Centretown-Byward

OWNER OCCUPIER OPPORTUNITY. Freestanding two storey office building in the heart of Centretown with approx. 1,670 SF. The spacious main floor layout includes a reception area, board room, enclosed office, bathroom and kitchenette. The second floor (walk-up) offers five enclosed offices. Ideal opportunity to own and occupy the building for professional or small businesses such as accountants, lawyers, entrepreneurs, therapists, creative office users and more. Surfaced onsite parking lot can accommodate six spots for staff and/or clients. Well located close to transit and minutes to the highway, Canal, Glebe, Parliament and many amenities walking distance nearby.

Date on Market:

2025-09-24

Ottawa Office for Sale - Centretown-Byward

Step into a piece of Ottawa’s rich history with this extraordinary Queen Anne Revival-style property, originally built between 1904 and 1905. Designed by renowned lumber barons William H.A. Fraser, Ewen McLachlin, and David Gilmour, the residence includes a stunning main house and a grand carriage-house garage—both architectural gems brimming with character. This landmark property has a distinguished past, having served as the residence or headquarters for several prominent figures and institutions, including WWII flying ace Billy Bishop, the Italian Embassy, and the Victorian Order of Nurses. Lovingly restored and thoughtfully modernized by the current owners, the property seamlessly blends heritage charm with contemporary functionality. Now configured with a flexible, multi-tenant layout, it offers an inspiring and collaborative workspace tailored to meet today’s business demands—making it not only a unique piece of history but also a one-of-a-kind professional environment.

Date on Market:

2025-09-03

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