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$724,900
X13775652 MLS
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

$999,900
3 Baths X13614360 MLS
Excellent mixed-use investment opportunity in a prime central location! This well-maintained building features a main-level retail/commercial/office space with good storage in the basement plus two separate residential apartments on the upper levels, creating an attractive income-producing property with multiple potential uses. The second-floor apartment offers 1 bedroom with parking included while the third-floor apartment offers an additional residential unit generating steady rental income. Tenants currently pay their own utilities with the exception of water, helping reduce operating costs. The main-level office space provides excellent exposure and flexibility for a variety of business uses or future leasing opportunities. A detached garage and parking for 4 vehicles included behind the building. Ideal opportunity for investors seeking cash flow and future rental upside, or owner-occupiers looking to operate a business while benefiting from additional income from the residential units above. Conveniently located close to downtown, transit, shopping, restaurants, and major amenities. Rare opportunity to own a versatile mixed-use property in a sought-after urban location with strong long-term potential.

567 Gladstone Avenue, Ottawa Centre