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 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

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 Retail for Sale - East Central

Positioned along Ottawa’s well-traveled Bank Street corridor in the Greenbelt neighborhood, this property offers excellent frontage in a commercially active area near Gloucester. The site benefits from strong connectivity along Bank Street, providing ease of access to downtown Ottawa and major commuter routes. It is surrounded by established local businesses, service providers, and retail destinations, enhancing its visibility and drawing consistent traffic. As part of Ottawa’s growing southern corridor, the location is minutes from Ottawa International Airport and adjacent to Leitrim Road, connecting directly to major highways such as Highway 417. Businesses here can take advantage of proximity to residential developments in Findlay Creek and thriving commercial entities that serve a diverse and expanding population. This address offers exceptional viability for owner/user operators, automotive service groups, and retail-oriented conversions seeking exposure in a rapidly developing zone south of Ottawa’s core.

Date on Market:

2026-06-18

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/Office

Date on Market:

2026-06-01

Ottawa Industrial for Sale - Kanata

124 Reis Road offers a rare opportunity to acquire a freestanding industrial building in move-in condition with room to scale. Built in 2012, the 7,740 SF facility sits on 1.77 acres and features 22' clear height, three grade-level loading doors, and a site large enough to support a future expansion of approximately 5,000 SF. For owner-users looking to control their own space — without the compromises of a multi-tenant condo — this is a clean, well-maintained asset with the land to back it up.

Property Subtype:

Warehouse

Date on Market:

2026-05-28

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 Land for Sale - East Central

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property.

Property Subtype:

Commercial

Date on Market:

2026-04-27

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 Multifamily for Sale - East Central

Located at 393 Codd’s Road in Ottawa, this well-positioned property offers an excellent leasing opportunity in a highly accessible and sought-after area. Featuring a functional layout and versatile space, the property is ideal for a wide range of commercial or professional uses. Its strategic location provides quick access to major arterial roads, public transit, and nearby amenities, ensuring convenience for staff and clients alike. Well maintained and professionally presented, this property delivers both visibility and practicality, making it an outstanding choice for businesses seeking a prime Ottawa address.

Property Subtype:

Apartment

Date on Market:

2026-04-09

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

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

Ottawa Office for Sale - Centretown-Byward

Located in the heart of Centretown, just half a block from the vibrant shops and restaurants along Elgin Street, 222 Somerset Street West offers multiple office condos available for sale or lease, with a range of suite sizes and layouts. The Property provides convenient access to Highway 417 (the Queensway) and features both surface and underground parking. This central location offers exceptional proximity to numerous restaurants, cafés, and shops nearby.

Date on Market:

2026-01-27

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. Floors 1-3: 4,531 sf Basement: 1,597 sf 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