14 - 31 MURRAY STREET, Ottawa

$475,000

For sale: Other

Other at 14 - 31 MURRAY STREET, Ottawa
Property type
Commercial Retail
MLS®
MLS® X13811688
Neighbourhood
4001 - Lower Town/Byward Market

An exceptional opportunity to own a commercial condo in the heart of Ottawa's vibrant ByWard Market! This approximately 920 sq. ft. unit offers a prime downtown location just steps from historic Sussex Drive, surrounded by restaurants, cafés, boutiques, hotels, entertainment and established local businesses, with strong year-round local and visitor traffic. Currently home to a long-established hair salon operated by the condo owner, the space features a well-maintained interior, an existing salon layout and two washrooms. For buyers interested in continuing the current use, the existing salon business, equipment and setup may also be negotiated as part of the opportunity offering exciting flexibility for the right buyer. With its manageable footprint and versatile layout, the property is well suited for hair and beauty, aesthetics, wellness, personal services, boutique retail, studio and other commercial concepts, subject to applicable zoning and condominium regulations. Located in one of Ottawa's most recognizable shopping, dining and tourism destinations, the property also offers excellent long-term potential as the ByWard Market continues to evolve through ongoing revitalization and investment in the surrounding area. Whether you're looking to own your business premises, take over an established salon, bring your own concept to life, or add a versatile commercial asset to your portfolio, the possibilities are here. Everything is open for discussion --- bring your vision and bring us an offer!

Sold data

Homes in Lower Town Byward Market — recent sold market

Homes in Lower Town Byward Market took a median of 49 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 73, across 59 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 111 days.

The median sale price was $424,900.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
49
Median sale price
$424,900
Sale-to-list ratio
96.3%
Sold above asking
7%

Based on 59 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 14 - 31 MURRAY STREET