$849,000
For sale: Other

A fantastic mixed-use duplex in the heart of West Centretown, Ottawa, offering both commercial and residential potential. The main floor is currently configured as a hair salon, and will be delivered vacant - ideal for an owner-operator, investor, or future business venture. The second-floor one-bedroom apartment is tenant-occupied with separate metering and baseboard heating paid directly by the tenant. Water is included in the rent. Additional highlights include two rear parking spaces with private laneway access and a roof replacement completed in 2022. Zoned GM2, the property allows for low-rise residential development with a maximum height of 13.5 metres and an FSI of 1.5, presenting excellent future development potential.
Sold data
Homes in West Centre Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 132 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $608,450.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 132 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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