$549,900
For sale: Other

Discover an exceptional opportunity in the heart of Sandy Hill! This expansive 5,390 sq. ft. lower-level commercial condo offers versatile space perfect for a variety of businesses. Featuring four fully built studios, male and female washrooms, ample storage, and private ground-level access with an elevator, this unit is designed for convenience and functionality. Zoned Traditional Mainstreet, the space is ideal for a church, yoga, dance studio, martial arts facility or other creative business ventures. Located within walking distance of the ByWard Market & Rideau Centre, this property benefits from high foot traffic, excellent visibility and easy access to public transit, with bus routes right on Rideau Street. Included with the unit are nine dedicated surface parking spaces, adding convenience for staff and visitors. Don't miss this rare chance to secure a prime commercial condo in one of downtown Ottawa's most vibrant neighborhoods!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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.
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