Commercial Properties for Sale in Westboro

Ottawa Multifamily for Sale - Tunney's Pasture

Welcome to this attractive 6-plex in the heart of Ottawa's vibrant Little Italy. Offering a highly desirable unit mix: 2 & 3-bedroom apartments, three 2-bedroom suites, and one 1-bedroom, this property provides both stability and versatility for investors. With a current cap rate of 3.9%, it represents a strong foothold in one of Ottawa's most sought-after rental markets. Apartments 5 and 6 feature expansive private decks, giving tenants rare outdoor living space perfect for entertaining, relaxing, or enjoying views of the lively neighbourhood. The property also offers a rear parking lot, a highly valued amenity in this central urban location. Several updates and renovations have already been completed, while further cosmetic improvements present excellent potential to increase rents and property value. Each apartment includes well-proportioned living areas, ensuring comfort and functionality for tenants. Beyond the building itself, the location is truly unbeatable. Situated just steps from Preston Street's renowned restaurants, cafés, and gelaterias, tenants enjoy the best of Ottawa's cultural dining scene. With Dows Lake, the Arboretum, and bike paths nearby, outdoor recreation is always within reach. Add in easy access to Carleton University, public transit, including the O-Train, and major downtown employers, and this property stands out as a highly attractive choice for a diverse rental pool. Whether you're an experienced investor or looking to expand your portfolio, this Little Italy multi-residential offers strong income, growth potential, and a prime address in one of Ottawa's most dynamic and desirable communities. Prime location. Tenant appeal. Long-term value. Don't miss your chance to own a quality 6-unit building in Ottawa's thriving rental market. Some of the content in the images has been virtually staged to protect the privacy of the tenants.

Property Subtype:

Apartment

Date on Market:

2025-09-15

Ottawa Multifamily for Sale - Tunney's Pasture

Exceptional Investment Opportunity Fully Renovated Century Home with 3 Legal UnitsT his beautifully retrofitted Century home seamlessly blends historic charm with modern upgrades, offering a rare opportunity to own a fully renovated, code-compliant multi-unit property. Featuring over $300,000 in high-quality renovations, this unique residence includes:A 1-bedroom basement apartment A main-floor 1-bedroom apartment A spacious 2-bedroom upper-level apartment with a loft-style family room Each unit is self-contained with in-unit laundry, and all renovations were thoughtfully completed to preserve the homes original architectural character.Additional features include:Mixed flooring with hardwood and laminate throughout. Upgraded 200 AMP electrical service. All plumbing and piping replaced. A newly added powder room in the main-floor apartment New kitchen and laundry room in the upper-level unitOne garage space plus a second exterior parking spot on the newly expanded and paved driveway. The exterior is equally impressive with:Fresh exterior paint and new stairs to the second-floor apartment. A full retaining wall system at the front and side of the home A newly interlocked walkway leading to both the main and basement entrances. Professionally landscaped front yard with new sod and custom flower beds. This turnkey property is ideal for investors or multi-generational living, combining modern amenities, structural upgrades, and timeless character in a prime location.

Property Subtype:

Apartment

Date on Market:

2025-09-15

Ottawa Retail for Sale - Tunney's Pasture

This offering presents a compelling investment opportunity in the highly desirable Parkdale Market neighborhood of Ottawa. This stand-alone, two-storey commercial building at 1195 Wellington Street West occupies a prominent corner lot with approximately 4,607 square feet of land and a 2 storey building with a total area of approximately 2,511 square feet (above grade) and a finished basement. This property represents a stable and promising investment in a sought-after Ottawa location. Its combination of a prime location, attractive features, existing tenancy, and ample parking makes it an ideal opportunity for investors seeking long-term capital appreciation and consistent cash flow. Further details, including financial performance and tenant information, are available upon request.

Property Subtype:

Freestanding

Date on Market:

2025-09-10

Ottawa Land for Sale - West Central

ATTENTION DEVELOPERS: Rare urban assembly offering apx 26,985 square feet of combined lot area with over 145 ft of frontage on high-exposure Carling Avenue. This offering includes two adjacent parcels at 2026 (Pin 039830042) and 2028 (Pin 039830041). This offering includes two adjacent parcels at 2026 (Pin 039830042) and 2028 (Pin 039830041) Carling Avenue with EXTRA DEPTH not commonly found in the area. Zoned Arterial Main Street (AM), the site allows as-of-right development of up to 7 storeys, making it ideal for mid-rise residential, mixed-use, or commercial projects. The property is located just steps from the proposed Melwood LRT station and along a major transit corridor with OC Transpo bus service every 15 minutes. There is also quick access to Highway 417 from both Maitland and Woodroffe exits. 2028 Carling is a 3-bedroom 1-bathroom single-family home with attached garage, well suited for rental income during the planning stage. 2026 Carling is a spacious 5-bedroom 2.5-bathroom single family home with attached garage and pool and will be tenanted by the Seller until May 31 2026, offering immediate revenue to cover property taxes, home insurance and utilities. The surrounding neighbourhood is established, affluent, and home to one of Ottawa's highest senior populations, making it an ideal location for a wide range of housing or care-related developments. Within walking distance you'll find Carlingwood Mall, Loblaws, Produce Depot, Canadian Tire, the library, fitness centre, banks, medical services including Rexall Walk-in Clinic, Broadview and Fairlawn medical buildings, and multiple pharmacies.

Property Subtype:

Commercial

Date on Market:

2025-06-25

Ottawa Multifamily for Sale - West Central

Space will be available for vacant possession on or before November 1, 2025. Both ground floor / street access off of Byron Ave., as well as building access off of Golden Ave., for elevator / handicap access and to the underground parking. Although there are two separately legal descriptions, such that the two parcels could technically be conveyed separately, the two properties are physically connected and are governed by a single occupancy permit. In Ottawa, the TM zoning designation, which is the "Traditional Mainstreet, Urban Exception 83," is a zoning zone that allows for a variety of uses, including commercial and residential, while also permitting specific additional uses defined in the urban exception. This zoning zone permits a wide range of uses, including retail, office, and residential, and the "Urban Exception 83" adds specific allowed uses, which can be obtained from the City of Ottawa. The owner would also consider leasing the unit at $23.00 per sq. ft. triple net. Condominium Fees also include gas and water. Heating System is actually Forced Air (Hydronic), not electric.

Property Subtype:

Apartment

Date on Market:

2025-06-04

Ottawa Office for Sale - West Central

A stunning office building for sale in the West end of Ottawa. Completely refurbished inside and out in 2022 with luxury finishes. Street level entrance with a private parking lot at the back of the building. The ground floor features a cozy reception waiting area with a fireplace, a barrier-free bathroom, seven closed offices of various sizes and an admin area behind the reception. The basement is finished with a full contemporary kitchen with quartz countertops and stainless steel appliances including a refrigerator, cook-top, built-in oven, microwave and dishwasher. There's a cozy lounge/eating area with a fireplace. The lower level also has a large boardroom, two additional offices, a powder room and a three-piece bathroom with shower, a laundry room which includes a washer and dryer, and the mechanical room. This is a perfect opportunity for an investor to secure a quality building to operate a general office, a clinical, or medical related service. Welcome your clients to a bright, aesthetically pleasing, professional space. Located across the street from the Carling Avenue Cineplex, near Bayshore Mall and Highway 417. Vacant possession is available. Please note, floor plate measurements are approximate. Individual offices are also available for rent at this time with shared use of the boardroom, kitchen, bathrooms, and reception.

Date on Market:

2025-04-14

Ottawa Retail for Sale - Tunney's Pasture

691-701 Somerset Street West is the one Chinatown’s most recognizable and identifiable commercial properties. Immediately visible from the Royal Gateway at Bronson Avenue this investment represents the opportunity to own a prestigious location, solid investment, and a site for potential redevelopment. The property is currently 100% leased.

Property Subtype:

Storefront Retail/Office

Date on Market:

2021-02-23

Ottawa Land for Sale - Tunney's Pasture

Rare 6.5-acre redevelopment site for sale in Ottawa’s thriving Little Italy neighborhood. This prime property offers exceptional potential for a high-density, mixed-use development in one of the city’s most vibrant and rapidly growing areas. With a potential development density of up to 1,000,000 sq. ft., this site presents a unique opportunity for investors and developers looking to capitalize on Ottawa’s urban expansion.

Property Subtype:

Commercial

Date on Market:

2025-03-31

Ottawa Office for Sale - West Central

Date on Market:

2025-11-04

Ottawa Office for Sale - West Central

Welcome to 365 Richmond Road, a beautiful commercial property located in Westboro hitting the market for the first time in over 50 years! A rare and unique opportunity to acquire a stunning 6,000 SF office and retail property with a striking street front address. This property was initially built in 1913 by John E. Cole for the Bank of Ottawa to support the demand for a much needed local financial institution. Currently home to the Frontline Financial Credit Union and to Core Connections Physiotherapy, this property has been serving the community ever since. 365 Richmond Road is nestled in one of the city's trendiest neighbourhood's which hosts an exiting mix of retail boutiques, pubs, cafés, top tier dining experiences, art galleries, the GCTC, health and fitness studios, to name a few, combined with beautiful green landscapes and a connection to nature. In this area, whether you're at work or at home, people have access to walk and cycle alongside the Ottawa River, kayak the nearby rapids or rest at the beach. This property's premium location also includes convenient access to public transit, the highway and several important event centres such as Lebreton Flats, Parliament Hill, Gatineau Park and the Experimental Farm. With 76 feet of premium frontage on Richmond Road, 0.33 acres of land and a large parking lot, this commercial building in Westboro has it all. (41248491)

Date on Market:

2025-10-02

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.

Property Subtype:

Mixed Types

Date on Market:

2025-09-22

Ottawa Multifamily for Sale - West Central

A golden opportunity in a high-demand infill location! This 66' x 121.47' lot (approx. 7,965 sq ft / 0.183 acres) is zoned R4N – Residential Fourth Density, permitting a wide range of residential building forms, including low-rise apartments and multi-unit dwellings. Potential for 9–10 Units! Tap into the strong rental and resale market with the possibility of building multiple residential units in a rapidly growing area.

Property Subtype:

Apartment

Date on Market:

2025-09-05

Ottawa Office for Sale - West Central

Positioned adjacent to Highway 417, this rare standalone commercial building offers a strategic opportunity for business owners seeking property ownership in a high-exposure, central Ottawa location. Ideal for professional service firms and medical practitioners, this property provides an excellent combination of accessibility, visibility, and functionality.

Property Subtype:

Medical

Date on Market:

2025-08-19

Ottawa Land for Sale - Tunney's Pasture

Site Plan Approved, Fully engineered Plans & Architectural Renderings Included.

Property Subtype:

Residential

Date on Market:

2025-08-12

Ottawa Retail for Sale - West Central

Lucrative 30+ YEAR AUTO GARAGE BUSINESS + PRIME LOCATION. Great VISIBILITY with the garage situated on a BUSY CORNER LOT. Completely TURNKEY with a loyal clientele base already established and an extensive list of owned assets including a 3000 SQ FT building with public waiting space, office , garage with 3 bays and 3 lifts. Call for a complete list of inclusions. Current BUSINESS LICENSES included for a PUBLIC GARAGE with the ability to carry out AUTOMOBILE SALES, LEASE OR RENTAL, AUTOMOTIVE REPAIR/ BODY SHOP. The CENTRAL LOCATION is very convenient for clients, is mere steps from the Carling Avenue retail corridor, is bustling with pedestrian and vehicle traffic. The area also has plenty of re-developed properties adding to the location desirability. Directly across the street, there is an approved site plan for 1,745 residential units and the former Canadian Tire has been re-furbished and is now 'Altea', Ottawa's Premier Wellness & Social Club, which is the largest fitness and wellness facility in Ottawa. The neighborhood also offers numerous amenities such as a comprehensive transit network, restaurants, shopping centers and the Ottawa Civic Hospital. FINANCIALS with NDA.

Property Subtype:

Auto Repair

Date on Market:

2025-01-20

Ottawa Retail for Sale - West Central

INDUSTRIAL BUILDING + PRIME LOCATION. Zoned Industrial with a long list of uses. Great VISIBILITY with the building situated on a BUSY CORNER LOT. 50 x 100 ft. lot with plenty of parking. Tenant in place, on one side of the building, and room to lease out 2 additional spaces, including a bay and an office on the main floor and a fully-equipped 2 bedroom apartment on the second floor. The CENTRAL LOCATION is very convenient for clients, is mere steps from the Carling Avenue retail corridor, is bustling with pedestrian and vehicle traffic. The area also has plenty of re-developed properties adding to the location desirability. Directly across the street, there is an approved site plan for 1,745 residential units and the former Canadian Tire has been re-furbished and is now 'Altea', Ottawa's Premier Wellness & Social Club, which is the largest fitness and wellness facility in Ottawa. The neighborhood also offers numerous amenities such as a comprehensive transit network, restaurants, shopping centers and the Ottawa Civic Hospital.

Property Subtype:

Auto Repair

Date on Market:

2025-01-20

Ottawa Land for Sale - Tunney's Pasture

644 Bronson Avenue in Ottawa offers a prime location in the vibrant neighbourhood of The Glebe Annex. This vacant land site sits at the heart of a dynamic community known for its rich blend of residential charm and urban convenience. The Glebe Annex features tree-lined streets, historic homes, and a tight-knit community atmosphere, making it a desirable area for families and young professionals. The property is situated on over 28,718 SF of well-located lands. With the property zoned as Traditional Mainstreet (TM), it allows a broad range of uses including retail, service commercial, office, residential and institutional uses, including mixed-use buildings. The subject site is located within the Downtown Core Transect in the City of Ottawa Official Plan (OP), therefore a mid-rise density is appropriate supporting heights up to nine (9) storeys, but an Official Plan Amendment could be sought to increase height. A potential alternative density plan would allow for a 12-16 storey building.

Property Subtype:

Commercial

Date on Market:

2024-10-11

Ottawa Land for Sale - West Central

Located at 989 Merivale Road in Ottawa, Ontario, this 0.573 acre parcel of land presents potential for a mid to high density residential development. Boasting a central location with high exposure on Merivale Road and a Traditional Mainstreet zoning, this property offers significant potential for investors looking to capitalize on Ottawa’s rising demand for housing. The site is cleared and ready for development.

Property Subtype:

Commercial

Date on Market:

2024-06-06

Ottawa Multifamily for Sale - West Central

Multi-family building for sale, with a total of 6 units. This building is also available for sale together with 879 Kirkwood Av for $2,998,000.

Property Subtype:

Apartment

Date on Market:

2023-10-23

Ottawa Health Care for Sale - Tunney's Pasture

This offering presents a unique opportunity to acquire a 156 bed transitional care facility fully leased to the Ottawa Hospital on a long term triple net and carefree basis. In additional to 156 beds ranging from private, semi-private and ward, the complex offers a full suite of hospital facilities including gym, patient lounges, x-ray, and kitchen facilities. 1095 Carling Avenue is located in an ever expanding healthcare hub, directly adjacent to the Ottawa Hospital’s Civic Campus which also includes the University of Ottawa’ Heart Institute, Canada’s largest and foremost heart health centre. The property is strategically located across from the under development New Ottawa Hospital Campus, a state-ofthe-art health care and academic facility - Ottawa’s largest-ever health infrastructure project. The project will feature a ~2.5 million square foot, world class facility on 50 acres of land.

Property Subtype:

Continuing Care

Date on Market:

2025-11-11

Ottawa Health Care for Sale - West Central

An exceptional investment and redevelopment opportunity in Ottawa’s west end, this offering includes a vacant 5-storey, 87,000 sq. ft. building situated on a 2.968-acre site. The property is being marketed on an unpriced basis, with a bid-date to be announced. Current zoning permissions allow for the development of multiple high-rise towers with heights of up to 18 storeys, making this a rare chance to reimagine a prime urban parcel. Located in the amenity-rich Pinecrest neighbourhood, the site offers immediate access to public transit—including the nearby Pinecrest LRT station via pedestrian fly-over—as well as major roadways, schools, services, and retail. With strong fundamentals and development upside, this is a prime candidate for repositioning or densification.

Property Subtype:

Assisted Living

Date on Market:

2025-04-23

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