166/168 MAIN STREET, Ottawa

$1,350,000

For sale: Other

Other at 166/168 MAIN STREET, Ottawa
Property type
Commercial Retail
MLS®
MLS® X12826684
Neighbourhood
4406 - Ottawa East

166-168 Main Street is one of the last prime infill opportunities in Old Ottawa East, offering exceptional redevelopment potential in a rapidly growing urban corridor. The property features two large three-bedroom units on a 5,737 sq. ft. lot, creating a strong foundation for future value and long-term growth. It also offers the flexibility to owner-occupy one unit while renting out the other, making it appealing to both investors and end users seeking income support. The site's flexible zoning allows for a wide range of uses including residential, commercial, office, retail and mixed-use development, giving builders and investors the ability to design a project tailored to modern demand. Steps from the Rideau River, the Rideau Canal and a vibrant mix of neighbourhood amenities, the location provides exceptional walkability and connectivity. With strong rental appeal, increasing densification along Main Street and very limited available land, this address stands out as a rare chance to secure a premier site in one of Ottawa's most desirable neighbourhoods.

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — 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 166/168 MAIN STREET