Commercial Properties for Sale in Ottawa

Ottawa Multifamily for Sale - Centretown-Byward

An exceptional investment opportunity awaits at 455-457 Somerset Street W, a turnkey six-unit multifamily property in the heart of Ottawa’s vibrant Centretown. This well-maintained asset generates a strong $125,496.90 NOI and trades at an attractive 5.60% cap rate, offering stable in-place cash flow with clear upside. One strategically vacant unit is positioned for renovation, offering immediate value-add potential and the ability to increase rents to market levels. Spacious, thoughtfully designed layouts across all six suites promote long-term tenant satisfaction and retention, while on-site parking provides additional revenue. The offering combines durability, income stability, and a defined pathway to enhanced returns. Located in Ottawa’s downtown core near Kent Street and just steps from Parliament Hill, the asset benefits from premier urban connectivity and infrastructure. Within 2 kilometres of Ottawa City Hall and the House of Commons of Canada, the building sits at the centre of Canada’s public-service employment base. Proximity to the University of Ottawa further strengthens rental demand from students and young professionals. Somerset Street offers immediate access to local restaurants, cafés, daily retail, and public transit, reinforcing consistent demand. The surrounding area serves more than 267,000 residents within a 5-kilometre radius, with projected population growth of 16% by 2033 and an average household income of approximately $97,000. Centretown continues to rank among Ottawa’s most resilient rental nodes, supported by a diverse tenant base that includes government employees, technology professionals, and international students. A large and stable public sector workforce reduces cyclical risk, while ongoing expansion from employers such as Nokia, Solink, Accenture, and Calian Group reinforces long-term job growth and housing absorption. Infrastructure investment and a growing technology ecosystem continue to elevate Ottawa’s profile as a stable capital market. 455-457 Somerset Street W delivers the rare combination of immediate income, upside, and premier downtown positioning.

Property Subtype:

Apartment

Date on Market:

2026-02-23

Ottawa Specialty for Sale - East Central

2.693-acre redevelopment opportunity in Orleans, on St. Joseph Blvd between Taylor Creek Dr & Trim Rd - partially within 400m and entirely within 600m of Trim LRT Station. This large-scale site sits in the Orleans Corridor Secondary Plan, targeted for compact, transit-oriented "15- minute neighbourhood" growth.Zoned INZ-Institutional under Ottawa's new 2026-50 By-law, offering exceptional flexibility. Permitted uses include retirement home, residential care facility, medical facility, school, recreation & athletic facility, community centre, place of worship, daycare and library - plus conditional residential dwelling units, theatre, market and small-scale retail alongside a permitted primary use. No cap on the number of dwelling units, subject to zoning provisions. Generous dimensions (~64m frontage 180m depth) yield a maximum buildable footprint of 9,410 m (101,288 ft) with no lot-coverage limit and heights up to 15m / 5 storeys. Strong subdivision potential: up to 4 conforming lots, with more possible via minor variance. The existing 1-storey building - a former elementary school of ~13,000 ft, now a place of worship - features a gymnasium, five classrooms, library, offices and change rooms, offering interim-use, conversion or removal potential. A private road could serve new development behind it. Fully serviced with municipal sanitary/storm sewers and water. Free of flood-plain, heritage and landfill constraints, with high geothermal potential and Rain Ready Ottawa stormwater incentives. Currently property-tax exempt as an operating place of worship. Phase 1 ESA (2026) complete. Feasibility study & Phase 1 ESA available to qualified buyers. Buyers to verify all zoning, uses and development potential with the City of Ottawa. Please note: the Seller will not entertain offers conditional on planning or zoning change approval. The Seller also requires a temporary lease-back (utilities and insurance only) while securing a new location.

Property Subtype:

Schools

Date on Market:

2026-07-31

Ottawa Retail for Sale - East Central

An exceptional opportunity for owner-users and investors seeking a commercial/industrial facility in Orleans. This property offers ~23,315 SF on a 1.86-acre site with 96 parking spaces - ideal for businesses requiring above-standard parking, customer-facing operations, or large team deployments. The property features up to 32' clear-height, grade level loading (to be reinstated) , large area of column free warehouse, offices, change rooms, and several meeting rooms. Prominent building and pylon signage fronts on to a highly visible corner close to Real Canadian Superstore, Dymon Storage, and Farm Boy. Strategically located in the fast-growing Ottawa suburb of Orleans, with quick access to Highway 174, Innes Rd, and Brian Coburn, the property suits a wide range of owner-occupier uses including fitness, recreation, retail, light industrial, training, and service businesses.

Property Subtype:

Freestanding

Date on Market:

2026-07-29

Ottawa Multifamily for Sale - Centretown-Byward

238 Laurier Avenue East presents a rare opportunity to acquire a fully renovated mixed-use investment property in the heart of Ottawa’s highly sought-after Sandy Hill neighbourhood. The asset comprises six furnished residential apartments and two established ground-floor retail units, creating a diversified income stream supported by a strong mix of residential and commercial tenancy. Thoughtfully modernized while preserving its historic character, the property offers investors a turnkey asset with minimal near-term capital requirements. The residential component features four one-bedroom and two bachelor suites designed to appeal to students, young professionals, and urban renters, while the commercial units benefit from strong street presence and shared lower-level amenities including storage, washrooms, and freezer space. Together, the property’s balanced tenancy profile and strategic mixed-use configuration provide a compelling long-term investment opportunity in one of Ottawa’s most resilient rental markets.

Property Subtype:

Apartment

Date on Market:

2026-07-24

Ottawa Retail for Sale - Tunney's Pasture

Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property. (

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-07-08

Ottawa Retail for Sale - Centretown-Byward

636 Somerset Street West presents a rare mixed-use investment or owner-occupier opportunity in the heart of Ottawa’s Centretown. This well-maintained detached red-brick building offers a blend of classic character and modern functionality, featuring bright commercial space on the main level with large storefront windows, high ceilings, and hardwood floors. The upper level includes a fully self-contained two-bedroom residential unit with a full kitchen, living area, and in-unit laundry, making it suitable for flexible use or additional income potential. The property offers covered front porch charm and onsite parking for up to four vehicles via a shared laneway. Situated along the vibrant Somerset corridor, it benefits from strong pedestrian traffic, convenient access to downtown Ottawa, major transit routes, and surrounding neighborhoods including Chinatown and Little Italy. This location offers excellent exposure for businesses and long-term upside for investors.

Property Subtype:

Storefront

Date on Market:

2026-06-26

Ottawa Multifamily for Sale - Centretown-Byward

An exceptional opportunity to acquire a multi-family asset in Sandy Hill, one of Ottawa’s most storied and sought-after neighbourhoods. The property comprises 14 bachelor units and one spacious four-bedroom apartment, offering a diverse unit mix well-suited to the surrounding rental market. Positioned just 400 metres from the University of Ottawa, the building draws consistent demand from students and young professionals, underpinning strong and reliable occupancy. Residents benefit from an unmatched walkable lifestyle — with restaurants, museums, parks, and the vibrant ByWard Market all steps away, alongside everyday essentials including grocery stores, the LCBO, and Shoppers Drug Mart. For investors, this property represents a rare chance to establish stable, long-term cash flow in one of the capital’s most enduring and in-demand urban communities. Interior photos available by request. Showings can be arranged with 48 hours of notice.  Price: $3,150,000.00

Property Subtype:

Apartment

Date on Market:

2026-06-22

Ottawa Specialty for Sale - Tunney's Pasture

A rare going-concern opportunity in one of Ottawa's most recognizable buildings. This landmark 1983 church conversion at 499 Preston Street sits at the heart of Little Italy and the Dow's Lake entertainment corridor, one of the city's most trafficked and culturally vibrant stretches. The property spans approximately 4,348 square feet on a 50 x 76-foot lot with Mainstreet (TM) zoning and offers the kind of visibility that most commercial operators spend years trying to earn. What makes this exceptional is what comes with the building. The business is established, operational, and generating revenue with an active client base and multi-year contracts already in place. The books are open for qualified buyers to review, and current ownership is committed to a proper transition. Run it as is, scale it, or bring your own vision entirely. For the right entrepreneur, this is not a startup. It is a running operation with infrastructure, clientele, and cash flow from day one. The space is purpose-built for collaboration and hospitality. Features include two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and expansive open-concept areas suited to events, wellness, professional services, or creative industries. Mainstreet zoning supports retail, restaurant, medical, office, and institutional uses. Steps from Dow's Lake, the Civic Hospital, and the luxury condominium developments reshaping this corridor, the location is only gaining momentum. Specialized commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified buyers. Buyer to verify all measurements and permitted uses.

Property Subtype:

Religious Facility

Date on Market:

2026-06-15

Ottawa Industrial for Sale - East Central

255 Ste. Anne Avenue presents a rare opportunity to acquire a well-located urban industrial asset in one of Ottawa’s most supply-constrained industrial markets. Combining functional warehouse infrastructure with a highly accessible central location, the property is positioned to benefit from sustained demand for infill industrial space driven by logistics, service-commercial, and light industrial users. The 10,814 SF facility offers desirable industrial fundamentals, including two grade-level loading doors, 12.5-foot clear heights, upgraded 400A/600V electrical service, in-floor radiant heating, and a new on-demand boiler. Its versatile configuration appeals to a broad range of occupiers, supporting tenant diversification and long-term leasing flexibility while benefiting from immediate access to Highway 417, downtown Ottawa, and the city’s major employment and commercial nodes. 255 Ste. Anne Avenue is strategically located within Ottawa’s established Vanier neighbourhood, offering direct access to downtown Ottawa, Highway 417, and the city’s primary transportation corridors. Its central infill location provides connectivity to a large labour pool, major employment centres, and densely populated residential communities, supporting a broad range of industrial and service-commercial users. Positioned near Ottawa Train Yards, St. Laurent Shopping Centre, Montfort Hospital, and the Rideau Centre, the property benefits from strong surrounding infrastructure and a full complement of nearby amenities. Combined with limited industrial supply in Ottawa’s urban core, these locational advantages support sustained occupier demand and long-term investment appeal.

Property Subtype:

Warehouse

Date on Market:

2026-06-05

Ottawa Retail for Sale - Tunney's Pasture

Property and operating business offered for sale as a turnkey opportunity. Sale includes land, building, goodwill, furniture, fixtures, equipment, and chattels used in the operation of the business. Financial information available to qualified purchasers upon execution of a confidentiality agreement. Inventory to be valued separately at closing. Seller willing to provide reasonable transition and training period. Flexible closing available. Buyer to conduct its own due diligence regarding zoning, development potential, and future permitted uses. Share sale is preferred.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-06-01

Ottawa Multifamily for Sale - Centretown-Byward

46 Carlyle Avenue presents the opportunity to acquire a well maintained, income producing seven unit multi-family asset consisting of six four-bedroom units and one two-bedroom unit in one of Ottawa’s most established and supply constrained rental corridors. The property’s large format unit mix is exceptionally well suited to the surrounding student and shared housing market, supporting strong rental demand, durable occupancy, and attractive income generation within a high barrier urban location. Located steps from Carleton University and surrounded by the Glebe, Old Ottawa South, and Bank Street amenities, the asset benefits from a deep and reliable tenant base driven by education, employment, transit connectivity, and lifestyle appeal. Supported by stable in place cash flow and future rental growth potential, 46 Carlyle Avenue offers investors a compelling combination of scale, income stability, and long term value creation within Ottawa’s resilient apartment market. Positioned between the Glebe and Old Ottawa South, the property is surrounded by some of Ottawa’s most established and walkable neighbourhoods, known for their vibrant retail streets, restaurants, green space, and enduring residential appeal. Residents enjoy immediate access to Bank Street, the Rideau River pathway network, public transit, and downtown Ottawa, reinforcing the property’s long term attractiveness to students, young professionals, and urban renters alike. For multi family investors, the location offers a compelling combination of stable tenancy, proven rental demand, and lasting neighbourhood desirability.

Property Subtype:

Apartment

Date on Market:

2026-05-26

Ottawa Land for Sale - Tunney's Pasture

Exceptional development opportunity offering outstanding redevelopment potential in the heart of Ottawa. This 9,827 sq. ft. corner lot is zoned Traditional Mainstreet (TM), permitting a wide range of commercial and residential uses. Historical planning work for the property included a proposed 7-storey mixed-use development featuring commercial space at grade with residential units above, together with a previously approved minor variance permitting a building height of 21.9 metres. Supporting planning, environmental, geotechnical, and engineering reports are available for review, providing purchasers with valuable background information as they evaluate the site's future development potential. Strategically located at the prominent intersection of Booth Street and Somerset Street West, the property is just minutes from Little Italy, Hintonburg, LeBreton Flats, and Downtown Ottawa, and only a short walk to the Pimisi LRT Station. Surrounded by significant residential intensification, employment, restaurants, and amenities, this is a prime opportunity to acquire a high-profile urban development site in one of Ottawa's most desirable growth corridors.

Property Subtype:

Commercial

Date on Market:

2026-05-24

Ottawa Multifamily for Sale - Centretown-Byward

CDN GLOBAL (OTTAWA) LTD. is proud to present 144 Renfrew Avenue, a rare and sophisticated investment opportunity situated at the high-visibility corner of Renfrew and Bronson Avenue. This meticulously maintained, three-storey mixed-use building caters to the city's increasing demand for modern, open-concept living, while the ground-floor retail space benefits from the continuous foot traffic of the Bronson Avenue corridor. Constructed to modern standards, the building features a striking exterior of red brick and grey stucco finishes complemented by sleek, flat rooflines and expansive floor-to-ceiling windows. The property offers a diverse and well-balanced unit mix, consisting of 13 residential apartments, ranging from efficient bachelors to a spacious three-bedroom suite, alongside a prime ground-floor commercial unit currently occupied by Sandy’s Flowers & More. Every residential unit is designed with an open-concept layout and premium finishes, including stainless steel appliances, in-suite laundry, and contemporary kitchens, while the stunning rooftop deck provides an exclusive amenity space with panoramic views of the surrounding cityscape. Beyond its aesthetic appeal, the property is professionally managed to ensure regular upkeep and high-quality renovations during tenant turnover. With its combination of income diversity, modern construction, and an unbeatable location, 144 Renfrew Avenue represents a high-caliber addition to any investment portfolio.

Property Subtype:

Apartment

Date on Market:

2026-05-21

Ottawa Office for Sale - Centretown-Byward

Prominently situated on a high-visibility corner along O'Connor Street in Ottawa, this property offers exceptional exposure in a rapidly evolving corridor. The building comprises approximately 1,670 square feet over two levels and has been used as office space for numerous years. The layout features a welcoming reception area, multiple private offices, and a generous main floor boardroom, providing a functional layout and efficient layout. A rare advantage in this location, the site includes on-site parking for approximately six vehicles. This is a compelling opportunity for an owner-occupier/investor seeking immediate usability combined with meaningful long-term upside. A conceptual plan outlines the potential for a six-storey 20 unit residential redevelopment including ground floor office, aligning with ongoing intensification in the surrounding area. The recent announcement of the Taggart development at 267 O'Connor introducing 517 residential units across two landmark buildings-further reinforces the strength and trajectory of this location. Buyers are encouraged to verify for both permitted and intended use. Concept plans are available upon request, offering a clear vision of the future potential.

Date on Market:

2026-04-22

Ottawa Office for Sale - East Central

High-end, fully finished end-unit commercial office condo located in the St-Laurent Business Park. The space features a welcoming reception area, two private enclosed offices, and an open-concept work area with three workstations and a central island. Additionally, there is a dedicated storage and printing area, as well as a kitchenette and accessable bathroom. 2x Fujitsu heating & air conditioning system are included. All workstations are fully equipped with electrical and telephone connections, including CAT6 data jacks. Large windows provide excellent natural light and are fitted with screens and custom blinds. VTB (Vendor Take Back ) financing is available

Date on Market:

2026-04-20

Ottawa Land for Sale - East Central

Rare shovel-ready medical development opportunity in the heart of Orleans. 3745 St. Joseph Boulevard offers approximately 27,000 square feet of land with full site plan approval for a six-storey medical/office building with two levels of underground parking. Zoned ILH(21), this property provides flexibility for healthcare, professional, and institutional uses, including retail opportunities. Significant entitlement risk has already been mitigated, allowing a purchaser to proceed directly to the building permit stage. This is an Unpriced offering - Please contact for more information.

Property Subtype:

Commercial

Date on Market:

2026-03-07

Ottawa Office for Sale - East Central

A move-in ready office condo in a prominent, high-traffic location at the intersection of St Laurent Blvd and Smyth Rd. The building is a known to be a professional medical and office services. Elevators in the building. The condo offers an excellent layout for medical related, or general office uses. Two underground parking spaces included. The unit is located on the second floor. It is 1,081 sf and features a reception area, one large and two smaller exam rooms/offices. The condo has a private bathroom within the suite and a separate sink basin area. Property tax is $1,653 for 2025. The monthly condo fee for the unit and parking spaces is $2,694.96

Property Subtype:

Medical

Date on Market:

2026-03-04

Ottawa Flex for Sale - East Central

28,642 SF flex building offering a functional layout and heavy electrical service. The property is well-suited for unions, training centres, community organizations, government agencies, and other institutional or service-based users. The building features flexible main-floor space adaptable to a variety of operational needs, along with a recently remodeled second-floor office area providing updated administrative space. Ample on-site parking accommodates staff and visitors. Located just off Highway 174, the property offers convenient access for commuters and regional users, and is within close proximity to public transit and the new Blair Station.

Date on Market:

2026-03-04

Ottawa Portfolio of properties for Sale - Tunney's Pasture

Opportunity knocks with this prime 10,828.48 sq.ft. parcel (outlined in RED) located approximately 500 metres from the Tunney's Pasture LRT Station. The property is currently improved with an income-generating parking lot and a separate specialty automotive repair/collision facility, offering both holding income and future redevelopment flexibility. A wide range of possibilities exist: maintain the current legal non-conforming commercial use, occupy as an owner-user, pursue a potential severance, redevelop part or all into a low-rise residential project, or assemble with neighbouring parcels to maximize density potential. For developers and investors seeking an assembly opportunity, the property may be combined (at additional cost) with 143 Forward Avenue (duplex; PIN 040960062; 4,919 sq.ft.) and 144 Hinchey Avenue (duplex; PIN 040960073; 2,454.17 sq.ft.)

Property Subtype:

Mixed Types

Date on Market:

2026-02-27

Ottawa Retail for Sale - Tunney's Pasture

Opportunity knocks with this prime 10,828.48 sq.ft. parcel (outlined in RED) located approximately 500 metres from the Tunney's Pasture LRT Station. The property is currently improved with an income-generating parking lot and a separate specialty automotive repair/collision facility, offering both holding income and future redevelopment flexibility. A wide range of possibilities exist: maintain the current legal non-conforming commercial use, occupy as an owner-user, pursue a potential severance, redevelop part or all into a low-rise residential project, or assemble with neighbouring parcels to maximize density potential. For developers and investors seeking an assembly opportunity, the property may be combined (at additional cost) with 143 Forward Avenue (duplex; PIN 040960062; 4,919 sq.ft.) and 144 Hinchey Avenue (duplex; PIN 040960073;2,454.17 sq.ft.), with the potential to also incorporate a closed City of Ottawa parcel (PIN 040960270; 742.71 sq.ft.) and 148 Hinchey Avenue (duplex; PIN 040960074; 2,701.74 sq.ft.), for a total potential assembly of approximately 21,746.10 sq.ft (area outlined in YELLOW). FOTENN Development Options Report, income/expense statements, rent roll, and supporting due diligence materials available upon execution of a signed NDA

Property Subtype:

Auto Repair

Date on Market:

2026-02-26

Ottawa Retail for Sale - West Central

Located in the heart of the Westboro neighbourhood, 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses including retail, restaurant, entertainment, fitness or dance studio, daycare, medical, or service-based businesses. The premises feature two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open-concept layout (which could include removing the dropped ceiling), allowing tenants maximum flexibility to design the space to suit their needs. Up to 17 or 18 outdoor parking spaces are also available at the rear. 1,500 SF is leased at 379 Richmond Road to Quelque Chose who specialize in Macarons.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-23

Gatineau Flex for Sale

Property Subtype:

Flex Research & Development

Date on Market:

2026-02-18

Ottawa Land for Sale - East Central

Spanning approximately 0.28 acres with dimensions of 84.89 by 143.17 feet, this site provides ample depth and frontage for creative building designs. Its location in a well-connected area with favorable walkability and access to public transit makes it attractive for builders targeting infill housing or mixed-use concepts. The parcel’s neighborhood is characterized by established residential blocks and proximity to essential amenities and employment hubs, enhancing its viability for housing development tailored to urban demand. This offering suits developers, investors, or builders seeking to maximize Ottawa’s growth trajectory through intensification projects in an increasingly sought-after submarket. With minimal land supply and strong multi-family housing demand, 431 Blake Boulevard represents an exceptional opportunity to capitalize on flexible zoning in a transitioning district.

Property Subtype:

Commercial

Date on Market:

2026-01-27