Commercial Properties for Sale in Ottawa

Ottawa Retail for Sale - East Central

Lennard Commercial Realty (“the Advisor”) has been exclusively retained by Ocean Properties 2 Inc (“the Vendor”) to coordinate the sale of 1860 Bank Street, a residential redevelopment comprised of 2.9 acres of land located in the City of Ottawa, within the Bank Street South Area (“the Property”). The site has 93.6 meters of frontage along Bank Street. The land is located one building south of the corner of Walkley Road and Bank Street South, former Beer Store warehouse facility, surrounded by local amenities, is easily accessible by public transit (LRT Station) and in close proximity to downtown Ottawa and the Ottawa International Airport.

Property Subtype:

Freestanding

Date on Market:

2026-01-21

Ottawa Land for Sale - West Central

Prime 5.53-acre site in Ottawa’s Redwood-Graham Park community. Features a well-maintained 25,000 sq. ft. school building with offices, classrooms, gym, and kindergarten rooms. Zoned Institutional with strong development potential. Excellent transit access near Pinecrest LRT and future BRT.

Property Subtype:

Commercial

Date on Market:

2026-01-14

Ottawa Flex for Sale - East Central

On behalf of the Vendor, Cushman & Wakefield Ottawa (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 2260 Walkley Road, Ottawa, ON (the “Property”). This landmark suburban office and industrial building, colloquially known as the Canon Building, is situated on 5.06 acres at the gateway of one of Ottawa’s top business parks. The Property comprises 47,252 gross leasable area (GLA) over a 2-storey office component and 18’-clear industrial component, currently occupied by five tenants. The Property offers a diverse tenant mix of office, medical and warehouse users. The Property offers tenants and their employees a prime location with quick and convenient access to major transportation routes, public transit, and a wide variety of amenities. The Property has benefited from institutional grade management and proactive capital expenditure programs, which have seen significant capital invested, including paving rehabilitation, window replacement and lobby modernization. These attributes have created a bright and modern office building for tenants and visitors. The Property offers a stable, diverse tenant mix of embedded tenants with significant tenure while offering opportunities for the purchaser to enhance cash flow and returns by taking advantage of under market rents, leasing opportunity and development potential.

Date on Market:

2026-01-13

Ottawa Office for Sale - Kanata

700 Silver Seven Road is a five-storey, 73,330-square-foot (SF) office building featuring efficient floor plates of approximately 15,500 SF. Offered with full vacant possession, the Property provides an exceptional opportunity for an organization to establish a high-profile corporate headquarters with a prominent presence in Kanata. Its strategic location offers excellent access to major arterial routes, Highway 417, and a wide range of surrounding amenities that support Kanata’s thriving employment base.

Date on Market:

2026-01-09

Ottawa Multifamily for Sale - East Central

Unlock a High Density Investment Opportunity at 25 Pickering Place! We’re excited to announce that this development site strategically located in one of Ottawa’s most connected growth corridors, is now FOR SALE. Positioned for transformation, this site offers unmatched potential for visionary investors and developers. This development site offers a rare opportunity in one of Ottawa’s most connected, and yet undiscovered locations.

Property Subtype:

Apartment

Date on Market:

2025-11-14

Ottawa Flex for Sale - East Central

Institutional Property Advisors, a division of Marcus & Millichap on behalf of the Vendor, are pleased to offer for sale a 100% freehold interest in 248 McArthur Avenue, Ottawa, Ontario. The property is a 45,520 square foot flex industrial/office building located just east of Ottawa's downtown core. Positioned on a 3.51 acre site with frontage along McArthur Avenue, the building offers a rare combination of industrial functionality and central accessibility. The asset sits in a well-established urban node with direct access to the Vanier Parkway and Highway 417. The Property is fully leased to Public Works and Government Services Canada (PWGSC), an agency of the Federal Government of Canada. More specifically, utilized by Employment and Social Development.

Property Subtype:

Light Distribution

Date on Market:

2025-10-15

Ottawa Land for Sale - West Central

This development concept is for a residential infill development comprised of up to 11 upscale singles or 22 upscale semi-detached freehold along the Rideau River in the Rideau Glen area of Ottawa. Other housing typologies may be permitted. The property includes approximately 600 feet of shoreline, and is bisected by a natural stream. The property is enclosed on all sides by mature tree cover. The site lies within the Suburban Southwest Transect and is designated R1E to be transitioned into Neighbourhood 1 (N1) under Ottawa’s new comprehensive zoning bylaw. Municipal sewer is at the lot line. Municipal watermain will need to be extended to the site for the density proposed to be achieved. This site offers a distinct upscale alternative: a nature-oriented setting within the city, including direct access and frontage to the Rideau River and uninterrupted green space and walking paths. The concept includes approximately 2.4 acres of shared natural waterfront land, featuring a meandering stream that flows into a riverfront lagoon. These areas provide privacy, recreational value, and a distinct lifestyle amenity integrated into the site and enhance the site’s lifestyle proposition. The development’s concept and density are consistent with the city’s objectives to create more sustainable and livable communities.

Property Subtype:

Residential

Date on Market:

2025-09-08

Gatineau Land for Sale

Colliers is pleased to present the opportunity to acquire a premier 592,488 SF land parcel directly adjacent to 200 boulevard de la Technologie in Gatineau. Located in the heart of the city’s thriving Technological Park, this site is ideally suited for industrial development and offers exceptional access to Highway 5, with downtown Gatineau and Ottawa just minutes away. Surrounded by a dynamic ecosystem of tech companies, federal institutions, and research centres, the Property sits in one of the most strategic and innovation-driven locations in the National Capital Region. With nearby amenities such as cafés, restaurants, and fitness centres, this is a rare chance to secure a large, well-connected site in a high-growth, future-ready district.

Property Subtype:

Industrial

Date on Market:

2025-08-28

Gatineau Land for Sale

The property is located near Highway 50, 30 minutes from downtown and the Portage Bridge. Being outside the agricultural area, the building is zoned residential and included in the urbanization perimeter, classified as priority 3.

Property Subtype:

Commercial

Date on Market:

2025-06-18

Ottawa Land for Sale - East Central

CBRE’s Land Services Group, on behalf of MNP LTD., the court-appointed receiver for Ashcroft Home – Eastboro Inc., is pleased to present approximately 67.7 acres of draft plan approved land located in the vibrant community of Orleans, Ottawa. Known as Eastboro Phase 2, the site has already been partially developed with 25 houses and includes internal roads and infrastructure. This expansive development opportunity includes lands with approved plans for 958 residential units, consisting of a mix of single detached, semi-detached, and townhouse units, along with commercial and park spaces. The property is serviced and ready for development with extensions for draft plan approval until 2026. An additional 4.98 acres of land and an interim pond to service the site are also included in the sale, making this a prime opportunity for large-scale residential development. This site represents a key opportunity to further develop the East Urban Community and contribute to the continued growth of Orleans. Offers are due Tuesday, June 3rd 2025 by 12 pm (EST).

Property Subtype:

Residential

Date on Market:

2025-03-21

Ottawa Office for Sale - CBD

118 Sparks Street is a prestigious, high-profile building located in the heart of Ottawa’s Parliamentary Precinct, offering approximately 65,000 square feet of space. The property features retail space on the first two floors with entrances on both Sparks Street and Queen Street, providing excellent visibility and foot traffic. The upper four floors consist of high-quality office space, currently fully leased to Scotiabank. After December 31, 2025, 42% of the office space will be available, presenting a unique opportunity for owner-users or investors. This property is a rare chance to own an upgraded, well-located building anchored by a AAA national tenant, with significant future potential.

Date on Market:

2024-11-21

Ottawa Land for Sale - West Central

The Property benefits from significant planned development in the surrounding area. Spurred by Stage 2 of the LRT, several new developments are planned for the area, including Bayshore Shopping Centre, with the addition of multi-residential towers planned for the apron of the mall, and Lincoln Fields Mall planning a full mixed-use development, among others. The neighbourhood is supported by excellent access to transportation options, with direct access to public transit, as well as 2-Highway 417 interchanges in close proximity. It is further supported by excellent access to a wide variety of existing retail amenities, including Bayshore Shopping Centre, one of Ottawa’s largest regional malls and Pinecrest Shopping Centre, anchored by IKEA. The property is strategically located in an amenity rich neighbourhood featuring the Cineplex Coliseum, grocery stores, pharmacies, and various recreational amenities. The property benefits from its proximity to Britannia Beach, an abundance of parks, and easy accessibility to the NCC pathway network for an easy commute by bicycle to explore the beautiful city of Ottawa.

Property Subtype:

Residential

Date on Market:

2023-04-24

Ottawa Multifamily for Sale - East Central

Brand new construction completed in summer 2023. The building includes a total of 62 units : 23 - 1 bed, 8 - 1 bed with den, 8 - 2 bed with 1 bath, 9 - 2 beds with 2 baths, 14 - 2 beds with 2 baths and den.

Property Subtype:

Apartment

Date on Market:

2023-10-10

Ottawa Multifamily for Sale - Centretown-Byward

Turnkey 4-unit income property in the heart of the Glebe generating $96,724 in gross annual income with a strong NOI of $73,705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa's most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2,700/month, Unit 2 (second level 2 bed + den) at $2,500/month, Unit 3 (third level 1 bed) at $1,891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high.

Property Subtype:

Apartment

Date on Market:

2026-04-02

Ottawa Multifamily for Sale

309 Cyr Avenue presents a rare opportunity to acquire a fully tenanted, income-generating 5-unit property in Ottawa’s established Vanier neighborhood. This turnkey multi-family asset offers a strong foundation for investors seeking immediate cash flow with long-term upside potential. Each of the five units is currently leased to quality tenants, ensuring consistent revenue from day one. The property has undergone recent exterior renovations, reducing near-term capital expenditures and enhancing curb appeal. Positioned in a high-demand rental market, the building benefits from proximity to schools, shopping, public transit, and Ottawa’s downtown core. With under-market rents in place, there is significant potential to increase income through strategic updates and rent adjustments over time. The property sits on a 64 x 96 ft lot and includes five parking spaces, a full basement, and durable construction featuring brick and aluminum siding. Heating is provided by electric baseboard systems, and municipal water and sewer services are in place. This is an excellent opportunity for investors to secure a stable, well-located asset with proven performance and room for value enhancement.

Property Subtype:

Multi Family

Date on Market:

2026-03-30

Ottawa Land for Sale - West Central

641 Tweedsmuir Avenue presents a rare infill development opportunity in Ottawa’s highly desirable Westboro neighborhood. This oversized parcel offers exceptional flexibility for builders, developers, or investors seeking to capitalize on the area’s strong demand for modern housing. With upcoming N4B zoning and the potential to sever the lot into three individual parcels, the site supports multiple design configurations, from single-family homes to contemporary infill projects. The property is situated on a quiet, tree-lined street surrounded by a mix of established residences and striking new builds, reflecting the neighborhood’s ongoing transformation. Residents enjoy immediate access to an array of urban conveniences, including boutique shops, acclaimed restaurants, and recreational amenities. The Ottawa River pathway system, Westboro Beach redevelopment, and expansive green spaces are all within walking distance, enhancing the appeal for future end-users. Proximity to major transit routes, excellent schools, and community services further strengthens the site’s long-term value proposition. Whether held for appreciation or developed for resale, 641 Tweedsmuir Avenue offers a compelling land-value play in one of Ottawa’s most vibrant and walkable districts.

Property Subtype:

Commercial

Date on Market:

2026-03-05

Gatineau Retail for Sale

In operation since 2017, well established and recognized, this pizzeria represents an excellent business opportunity. Strategically located in Buckingham, it benefits from a loyal customer base and steady traffic. The business allows for immediate operation in a functional and well organized environment. A unique opportunity to acquire an operating restaurant business offering strong potential for continuity and growth.

Date on Market:

2026-02-17

Ottawa Land for Sale - Centretown-Byward

Located in the well-established and highly sought-after Old Ottawa South neighborhood, just South of The Glebe, this property is in a prime location in easy walking distance to the scenic Rideau Canal and Rideau River, Bank Street, shopping. Backs onto Woodbine Place, a quaint Village Lane in the heart of the City, and convenient access for parking. Lansdowne Park just across the bridge, walk to Carleton U, easy access to Downtown. The lot measures approximately 50 x 100, providing ample space for development. Currently, the property is zoned R3Q, which permits the construction of up to 6 residential units. However, the proposed changes with the New Draft Zoning Bylaw to CM1 zoning would allow for the development of six-story buildings with a comprehensive list of uses, including multifamily apartments. With the setbacks, the gross building area could be over 15,000 sq ft. - a good development opportunity.

Property Subtype:

Commercial

Date on Market:

2025-09-22

Ottawa Industrial for Sale - Kanata

Property Subtype:

Warehouse

Date on Market:

2025-06-11

Ottawa Land for Sale - Kanata

Prime 1.6-acre commercial lot located in Ottawa's largest and fastest-growing light industrial park, the Carp Road Corridor. This highly sought-after greenfield site is zoned T1B, offering a wide range of light industrial uses such as warehouse, trucking terminal, heavy equipment vehicle sales and service, office, restaurant, retail (factory outlet), and more. With a flat, dry, and clear site, it’s ready for your development. Only 2.5 km from Hwy 417 and 10 minutes from Kanata North's technology hub, this location is perfect for businesses looking to expand or establish themselves in a thriving area.

Property Subtype:

Commercial

Date on Market:

2024-12-16

Ottawa Land for Sale - Kanata

Prime development land located at the junction of two of the region's busiest highways, Highways 7 and 417, at the Hazeldean Road interchange. This unique 32-acre greenfield site offers over 1,400 feet of highway frontage, providing unparalleled visibility and access. The property is adjacent to the Brandt heavy equipment dealership and Play Value Toys, making it an ideal location for various commercial or industrial developments. Just 2 minutes to Stittsville, 5 minutes to Kanata, and 20 minutes to Ottawa, this location provides excellent connectivity and future growth potential. Contact the listing agent for a list of permitted uses.

Property Subtype:

Commercial

Date on Market:

2024-12-09

Ottawa Land for Sale - East Central

Institutional Property Advisors (IPA), a division of Marcus & Millichap, Brokerage (the “Advisor” or “IPA”) on behalf of the “Vendor” is pleased to offer for sale a 100% freehold interest in 1209 St. Laurent Boulevard & 1200 Lemieux Street, Ottawa, Ontario (the “Property”). The 1.1-acre site underwent rezoning to optimize Ottawa’s Transit-Oriented Development (TOD) zoning, specifically designed for sites near LRT stations. Following rezoning, policy now allows for the construction of two 30-storey towers, totaling 645 units and 532,272 square feet of constructable area above grade, with 4 levels of underground parking. The opportunity boasts ~159ft of frontage on St. Laurent Boulevard and ~124ft of frontage on Lemieux Street.

Property Subtype:

Commercial

Date on Market:

2025-11-06