$849,900
For sale: Other

LOCATION! LOCATION! LOCATION! Presenting an extraordinary 1,296 sqft commercial office unit in a highly desirable location, minuets from the new LRT, featuring an operating business with excellent rental income. Located within a state-of-the-art building completed in 2021, this unit offers a professional environment in a meticulously maintained setting.With soaring 12-foot ceilings and expansive windows, the space is bright, open, and inviting. This is a turnkey investment opportunity perfect for a new landlord or an investor seeking immediate, hassle-free income from a well-established tenant. The unit is currently leased under a triple net lease, making this an exceptionally attractive, low-maintenance asset where the tenant is responsible for taxes, maintenance, and insurance.Included are 2 dedicated parking spaces (both owned), along with 2 exclusive spaces for customers providing added convenience for both staff and visitors. A rare chance to own a premium commercial unit with stable returns in a sought-after location. CIP incentive in place for 10 years of on property taxes, 5 years have passed, 5 years remain.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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.
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
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.
Currently for sale

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$899,000
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Other101 - 293 DALHOUSIE STREET, 4001 - Lower Town/Byward Market, Ottawa

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Other8169 VICTORIA STREET, 1602 - Metcalfe, Ottawa

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Other6155 COUNTY ROAD 17 HIGHWAY, 608 - Plantagenet, Alfred and Plantagenet

$849,900
Detached211 COLUMBUS AVENUE, 3502 - Overbrook/Castle Heights, Ottawa