4102 - Ottawa Centre Homes with Commercial Retail Subtype

4102 - Ottawa Centre Homes with Commercial Retail Subtype

Welcome to Ottawa Centre, a vibrant and charming neighborhood nestled in the heart of Canada’s capital, Ottawa. Known for its rich history and diverse culture, Ottawa Centre offers a unique blend of residential and commercial opportunities, making it an ideal place for both families and entrepreneurs alike.

In this dynamic community, you'll find a variety of homes with a commercial retail subtype, perfect for those looking to combine living and working spaces. These properties often feature charming storefronts on bustling streets, allowing residents to enjoy the convenience of having their businesses just steps away from home. Whether you're an aspiring entrepreneur or a seasoned business owner, the synergy of living and working in Ottawa Centre provides a unique lifestyle that fosters creativity and community engagement.

The neighborhood is characterized by its tree-lined streets, historic architecture, and a welcoming atmosphere. Residents can enjoy a plethora of local shops, cafes, and restaurants that contribute to a lively community vibe. Parks and recreational areas dot the landscape, providing ample opportunities for outdoor activities and relaxation.

Ottawa Centre is also well-connected to the city’s public transportation system, making it easy to explore nearby attractions such as the iconic Parliament Hill, the Rideau Canal, and the bustling ByWard Market. With a strong sense of community and an array of amenities, Ottawa Centre is more than just a place to live; it’s a place to thrive. Come discover the charm and potential of this remarkable neighborhood, where your dream home and business can coexist harmoniously.

Newest 4102 - Ottawa Centre Homes with Commercial Retail Subtype

$1,776,000
X13519132 MLS
Exceptional Investment Opportunity and excellent location in downtown Ottawa! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtown Ottawa. Benefting from dual frontage and two separate addresses on both streets . It is surrounded by many high apartment buildings. In a densely populated neighborhood, it offers access to top-rated public schools, parks, and recreational facilities. The location is highly convenient, with bus stops and the OLRT-Lyon light rail station within walking distance.The property spans 3,300 square feet, upstairs with 5 offices/bedrooms (suitable for use as offices, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The first foor is currently operating as a convenience store, but can easily be adapted for other uses. The current building's basement is used as storage, but it can be also used as club. A total of 12 parking spaces are available, with 7 at the rear currently rented out for additional rental incomes with 2200 square feet area land . With ample parking, excellent transportation access, and versatile usage options. In addition, in terms of New Zoning (By-law 2026-50), the place can be built a hub(high building with 90 meters). Another building can be constructed in the additional land(i.e. the parking spots). It can be used (1)personal service business: barber shop, beauty parlour, or dry cleaner's distribution station. (2) place of assembly: club. (3)retail store: drugstore, floristshop, newsstand. (4) restaurant. This is a rare investment opportunity! Owner can offer second mortgage choice to buyer.

245 Bay Street, Ottawa Centre

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