K1S Commercial Properties for Sale

Commercial Real Estate in K1S available for sale

K1S Commercial Property for Sale

797-801 Bank St

Ottawa, ON K1S 3V7

Retail for Sale
$3,500,000 CAD
3,152 SF

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.

Contact:

Shaker Realty Ltd.

Property Subtype:

Storefront

Date on Market:

2025-11-14

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356 Preston St

Ottawa, ON K1S 4M6

Retail for Sale
$2,599,000 CAD
2,800 SF

Ottawa Retail for Sale - Tunney's Pasture

Exceptional opportunity to own a single use building in a prime location in the heart of Little Italy! Occupied by the established and successful La Favorita Restaurant. Building is for sale for owner occupier with 6-12 month notice OR a new net lease back option providing a great income/stability for a new building investor . Building has been completely renovatied over the past 15 years. Large outdoor patio on the property. 2800 ssf of interior space including useable mezzanine plus small office/apartment on 2nd floor. High ceiling provide an impressive "wow factor" as you walk into the space. Located across from the largest office/retail/residential completed on Preston St - Preston Square. The area is experiencing vast growth and development with many new high rise condo/apartments, the future Ottawa Hospital Campus at Preston and Carling and future home of the Ottawa Senators New NHL Arena at Lebreton Flats.

Contact:

Shaker Realty Ltd.

Property Subtype:

Restaurant

Date on Market:

2025-11-14

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505 O'connor St

Ottawa, ON K1S 3P6

Office for Sale
$2,195,000 CAD
4,400 SF

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.

Contact:

Research In Progress

Property Subtype:

Office/Residential

Date on Market:

2025-07-17

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Prime Investment Opportunity

Mixed Types for Sale
$5,000,000 CAD
3 Properties | Mixed Types

Ottawa Portfolio of properties for Sale - Tunney's Pasture

CBRE Limited is pleased to act as the exclusive advisor, and offer for sale, on behalf of the Owners, the property municipally known as 402, 406, 408, 410 Preston Street, Ottawa, Ontario (the “Property”).Nestled on the most active corner in the Little Italy community of Ottawa, the Property is an attractive opportunity for mid-density, mixed-use development, with interim holding income.The Property is currently improved with 4 buildings, operating as 4 residential units and an automotive repair shop on the corner. On the south end of the Property is a laneway that can accommodate as many as 4 cars.Little Italy and the Preston Street corridor is Ottawa’s most exciting neighborhood. The Ottawa Hospital is actively constructing its new Civic Hospital Campus a short distance south of the Property. The City of Ottawa opened the updated Trillium north/south LRT line in Q4-2024, with the Dow’s Lake station 3 blocks away from the Property, and the Ottawa Senators have announced the relocation of its arena to LeBreton Flats, at the north end of the Preston corridor. Continued gentrification to this already vibrant neighbourhood creates an amazing opportunity to join the momentum of the area with the purchase of the Property. The Property site area is approximately 9,762 square feet, with frontage of 100 feet along Preston Street, and a depth of 100 feet. The Property is being offered on a first come, first served basis at an asking price of $5,000,000.

Contact:

CBRE

Property Subtype:

Mixed Types

Date on Market:

2025-09-22

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84 Fourth Av

Ottawa, ON K1S 2L2

Multifamily for Sale
$1,790,000 CAD
3,000 SF

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.

Contact:

SLEEPWELL REALTY GROUP LTD

Property Subtype:

Apartment

Date on Market:

2026-04-02

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371 Sunnyside Av

Ottawa, ON K1S 0S2

Land for Sale
$1,500,000 CAD
0.11 AC Lot

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.

Contact:

Remax Hallmark Realty Group

Property Subtype:

Commercial

Date on Market:

2025-09-22

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Commercial Properties for Sale in K1S

View All Available Listings

How many commercial properties are available for sale in K1S?

There are currently 8 commercial properties available for sale in K1S, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in K1S?

The average size of commercial properties available for sale in Ottawa is about 5,536 SF. The largest commercial properties available to buy is 7,801 SF and the smallest is 2,800 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in K1S?

The average market cap rate for commercial properties for sale is about 5.37% based on data provided in K1S. Learn more about how cap rates are calculated.

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