4103 - Ottawa Centre Real Estate

INVESTORS & DEVELOPERS! Currently generating $7,042/month ($84,504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2,300/month, the main-floor commercial space for $3,842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is)

640 Somerset Street W, Ottawa Centre

$1

X13773658 MLS

Unpriced. Please inquire. Bid date to be announced. District Realty is pleased to offer for sale 359-363 Bank Street, Ottawa, ON, a fully leased, two-storey commercial property prominently located at the corner of Bank and Gilmour streets in Ottawa's Centretown neighbourhood. Built circa 1948,t the property offers approximately 11,738 square feet of leasable area and approximately 50 feet of frontage along Bank Street. The building accommodates two street-level retailers, a yoga studio on the upper level, and three storage tenants across the ground and second floors, a diversified mix that provides multiple income streams and reduces reliance on any single tenant or sector. Fully occupied and positioned along one of Ottawa's most enduring commercial corridors, 359-363 Bank Street offers the rare combination of immediate income, strong visibility and lasting location value, a proven urban asset built to perform today and remain relevant for years to come. Centretown is one of Ottawa's most established mixed-use neighbourhoods, anchored by Bank Street's high-traffic commercial corridor. Dense residential population, office employment and steady commuter and visitor traffic support strong, consistent retail demand, while excellent walkability, downtown proximity, HWY 417 access underpin solid long-term investment fundamentals.

363 Bank Street, Ottawa Centre

$1,150,000

5 Beds ⋅ 5 Baths ⋅ X13773468 MLS

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses.

438 Lewis Street, Ottawa Centre

$1,150,000

5 Beds ⋅ 5 Baths ⋅ X13773320 MLS

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses.

438 Lewis Street, Ottawa Centre

$560,000

2 Beds ⋅ 2 Baths ⋅ X13770636 MLS ⋅ The Soba BLDG.

Space is the luxury at SoBa. Offering 1,124 sq. ft. of well designed living space, this two bedroom + den, two bathroom condo gives you the room of a larger home in the heart of Centretown. Floor to ceiling windows bring in plenty of natural light, while the sleek kitchen features an oversized island, quality finishes and plenty of space to cook and entertain. Both bedrooms are generously sized, including a primary bedroom with ensuite, and the separate den makes an ideal home office or flex space. SoBa is known for its modern, loft inspired design with exposed concrete and contemporary finishes. Residents enjoy a rooftop pool, fitness centre and stylish party room. Step outside and you're minutes from Bank Street, the Rideau Canal, Lansdowne, restaurants, cafes, shopping and transit. Underground parking and a storage locker are included. Downtown living with the space to actually live in it.

203 Catherine Street Unit 703, Ottawa Centre

$775,000

4 Beds ⋅ 3 Baths ⋅ X13769326 MLS

251 Arlington is a centrally located, fully functional duplex in the heart of Centretown, offering two well-designed 2-bedroom apartments. Each unit features its own private entrance for added convenience. The upper unit includes a bright, open-concept living, dining, and kitchen area, along with a dedicated office space with a balcony that is overlooking the neighbourhood. Both bedrooms are generously sized, making it ideal for comfortable living or working from home. The main floor unit offers excellent additional space, including 2 spacious bedrooms, exclusive basement access and direct access to the spacious backyard. The property has seen several thoughtful upgrades, including a upgraded 2019 front porch, updated landscaping with a paved driveway, and a two-storey rear addition that enhances overall living space. The duplex is fully legalized with separately metered hydro, and plumbing has been upgraded to ensure long-term reliability. The perfect opportunity for anyone looking for an investment property! 2025 expenses: Heat $1,885.84, Water $932.82

251 Arlington Avenue, Ottawa Centre

$1,269,000

X13764372 MLS

Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale.

511 Bank Street, Ottawa Centre

$1,295,000

3 Beds ⋅ 5 Baths ⋅ X13760452 MLS

Desirable and rarely available - an attractive, well maintained, fully leased, 5-unit apartment building in Centertown. Easy to lease, manage and operate. Major capital improvement completed in the past 10yrs including boiler, roof, driveway, electrical meters, updated common areas and unit interiors. 2 parking spaces. Please contact Listing Agent for financials. Unit Mix = 1-2bed, 1-1bed, 3-studios. Rental Income = $97,520 ; Expenses = $26,093 (incl $500/unit/yr maintenance) ; Net Income = $71,427

466 MACLAREN Street, Ottawa Centre

$349,900

1 Beds ⋅ 1 Baths ⋅ X13759534 MLS

Step into urban living at its finest in this bright, open-concept Saint Laurent model condo by Urban Capital, where prime location meets an unbeatable resort-style lifestyle at 360 McLeod Street, Unit 515. Perfectly tailored for young professionals, first-time buyers or the young at heart who want it all, this versatile home features a flexible layout currently styled with the den as a cozy sleeping area and the primary bedroom as an open living space. High 9-foot exposed concrete ceilings, a striking structural support pillar and rich hardwood floors deliver a chic industrial loft feel, while floor-to-ceiling windows flood the space with natural light and lead out to a huge, long private balcony perfect for morning coffee or evening relaxation. The kitchen boasts sleek stainless steel appliances and high-grade finishes, rounded out by in-suite laundry, a storage locker and world-class building amenities including an outdoor pool with cabanas, a private 2nd-floor roof deck, a terrace with an outdoor fireplace and BBQs, two gyms, two party rooms, and a movie theatre. With LCBO and Shoppers Drug Mart at the base level, Centretown's top dining, trendy cafés and nightlife along Bank and Elgin Street just steps away, and quick access to Highway 417, this home presents a rare opportunity to own a standout property in one of Ottawa's most dynamic addresses. Parking is available, Sellers pay $225 per month will transfer it over if needed. Floor Plan is attached. Storage locker is conveniently located on the ground floor with easy access.

360 Mcleod Street Unit 515, Ottawa Centre

$925,000

3 Beds ⋅ 3 Baths ⋅ X13754436 MLS

Welcome to 309 Flora Street, a distinctive 3-storey semi-detached home where contemporary design meets the warmth and character of Centretown living. The open-concept main level feels bright, inviting and effortlessly connected, with hardwood floors running throughout, expansive exposed-brick walls, glass stair railings and a decorative fireplace creating a striking backdrop. Generous living and dining areas offer plenty of room to gather, entertain or settle in for a quiet evening at home. The modern kitchen is both stylish and functional, featuring quartz countertops, a large island and a full suite of appliances, including a built-in oven, microwave oven, countertop range, floating hood fan, dishwasher and stainless steel refrigerator. Upstairs, the second level offers two bedrooms. The spacious primary retreat includes a beautifully renovated ensuite, completed in 2024 and thoughtfully designed by Launch Your Space, while the secondary bedroom is served by a separate 4-piece main bathroom. The third-floor loft adds another layer of flexibility and can easily function as an additional bedroom, private home office, relaxed lounge or creative studio. Downstairs, the basement provides valuable bonus space for a gym, recreation room or hobby area, along with a convenient powder room. Outside, the deep backyard is a rare find in the heart of the city, with ample room for summer dinners, entertaining, gardening or simply unwinding outdoors. Air conditioning was replaced in 2022, adding comfort and peace of mind. Ideally located with easy access to downtown, shops, restaurants, transit and everyday amenities, 309 Flora offers the personality of an established home, the polish of modern updates and the versatility to suit changing needs, all across three thoughtfully designed levels.

309 Flora Street, Ottawa Centre

$299,900

1 Beds ⋅ 1 Baths ⋅ X13741692 MLS

Welcome to Unit 641 at 340 McLeod Street, a thoughtfully designed bachelor condo located in the highly sought-after "Hideaway" building in the heart of Ottawa's vibrant Centretown. This sophisticated studio unit is designed with an open-concept living space that blends modern industrial aesthetics with everyday utility. The interior features high ceilings, floor-to-ceiling windows that flood the unit with natural light, sleek quartz countertops, premium stainless steel appliances, practical in-suite laundry, and a full 1-bathroom. Step outside onto your private balcony to enjoy your morning coffee. Living in this premium mid-rise property gives you exclusive access to spectacular resort-style building amenities, including a heated outdoor saltwater pool complete with private cabanas and a BBQ terrace, a fully equipped fitness centre, a private movie theatre room, a stylish party room with a pool table, and executive concierge services. With heat and water conveniently covered in your condo fees, this turnkey property offers an unbeatable modern lifestyle just steps from Bank Street, Elgin Street, local cafés, the Canadian Museum of Nature, and central transit hubs.

340 Mcleod Street Unit 641, Ottawa Centre

$2,950,000

X13741364 MLS

An exceptional investment opportunity in the heart of Ottawa's Centretown, this distinguished three-storey office building with a full basement offers 6,128 square feet of well-designed space behind a classic brick facade. Purpose-built for professional use, the property combines timeless architectural appeal with modern functionality, ensuring enduring tenant demand. Strategically located at the crossroads of Downtown, Centretown West, Chinatown, and The Glebe, the building offers a prestigious business address with unmatched connectivity. Immediate access to Highway 417, major transit routes, and Ottawa's core business and government districts enhances its appeal for a wide range of occupiers. Place your business at the crossroads of convenience and connectivity. Just steps from Bank Street and Elgin Street, tenants enjoy immediate access to Ottawa's diverse dining, retail, and professional services. The building is minutes from Highway 417, providing effortless commutes across the city, while major bus routes and cycling paths further enhance accessibility. Its Centretown setting ensures proximity to government offices, the downtown financial district, and cultural landmarks, making it an ideal location for businesses seeking both prestige and practicality.

226 Argyle Avenue, Ottawa Centre

4103 - Ottawa Centre Real Estate

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