Ottawa Homes with Commercial Retail Subtype

Ottawa Homes with Commercial Retail Subtype

Welcome to Ottawa, the vibrant capital of Canada, where history meets modernity in a picturesque setting. Nestled along the banks of the Rideau Canal, this dynamic city is renowned for its rich cultural heritage, stunning architecture, and a thriving economy. With its diverse neighborhoods, Ottawa offers an ideal blend of urban living and natural beauty, making it a perfect place for both residents and business owners alike.

For those looking to invest in real estate, Ottawa presents a unique opportunity with homes that feature a commercial retail subtype. These properties not only provide a cozy residence but also the potential for entrepreneurial ventures right at your doorstep. Imagine waking up in a charming home and stepping into your own boutique, café, or professional office space—all in one convenient location. This combination of living and working creates a seamless lifestyle that is increasingly sought after in today’s fast-paced world.

The neighborhoods of Ottawa are as diverse as its residents. From the historic charm of the ByWard Market to the trendy vibes of Westboro, there’s a perfect spot for every taste and preference. With a robust local economy, excellent public transportation, and a community that values innovation, Ottawa is an ideal backdrop for those looking to blend residential comfort with commercial opportunity.

Whether you’re a first-time homebuyer, an experienced investor, or a business owner seeking a new location, Ottawa’s homes with commercial retail subtypes offer the best of both worlds. Dive into the heart of this thriving city, where your dream of living and working harmoniously can become a reality.

Newest Ottawa 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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