About this property

Prime restaurant opportunity in the heart of Ottawa's ByWard Market at 499 Sussex Drive, a prominent corner location with exceptional visibility along Sussex Drive and York Street. Available immediately, this multi-level restaurant premises must be leased together (not demisable) and totals 4,531 SF, comprised of: Ground Floor (1,483 SF) at $45.00 PSF NNN; Second Floor (1,584 SF) at $25.00 PSF NNN; and Basement (1,464 SF) at $8.00 PSF GROSS. 2026 additional rent is estimated at $14.23 PSF. Steps to the Rideau Centre, National Gallery, Rideau Canal, and Parliament Hill, and one block from the upcoming Live Nation event centre, benefitting from strong pedestrian traffic and nearby parking. Former restaurant equipment can be made available for sale. Also available is a 2,000 SF office space for lease at $4,000 per month, inclusive of all costs except HST. Tenants are responsible for arranging their own garbage pickup.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12850912
Status	Active
Listing Type	For Lease
Property Type	Commercial
Interior Size	4,531 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	4001 - Lower Town/Byward Market
City	Lower Town - Sandy Hill
Postal Code	K1N 5P4
Province	ON
Listed Date	March 5, 2026
Days on Market	154
Brokerage	MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.