566 BAY STREET, Ottawa

$999,000

For sale: Other

Other at 566 BAY STREET, Ottawa
Property type
Store W Apt/Office
MLS®
MLS® X13622426
Neighbourhood
4103 - Ottawa Centre

Investors /Builders take note! This is a great and unique offering features a commercial building with approximately 3,000 sq. ft. of functional space, complemented by a single-family home on-site. Both buildings need work! Large lot of roughly 5,888 sq. ft., Right on Catherine, the property provides excellent potential for mixed-use purposes. Its versatile layout allows for a combination of commercial operations and residential use, making it an attractive opportunity for investors, owner-users, or redevelopment. Located at corner of Catherine and Bay Street, this property benefits from strong visibility, convenient access, and proximity to surrounding amenities. With ample square footage and dual-use potential, it represents a rare chance to secure a flexible asset in a prime location

Sold data

Homes in Ottawa Centre — recent sold market

Homes in Ottawa Centre took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 51, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $427,450.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$427,450
Sale-to-list ratio
97.2%
Sold above asking
9%

Based on 80 recorded sales in the last 90 days — 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 566 BAY STREET