About this property

Rare dual-opportunity in the heart of Centretown. Buy cash flow today, build tomorrow. Three tenanted units generating verified income with a vacant basement offering additional income potential. Included is a complete, permit-ready 10-unit redevelopment package - full architectural, servicing, grading, electrical and tree reports. Building and demolition permits submitted to the City of Ottawa; first-round review complete with standard infill comments issued. Buyers can revise or proceed to resubmission under their own name. Set up for MLI Select financing: up to 95% LTV and 50-year amortization. Accessible lift included in plans with potential to add 2 additional storeys. 33' x 112' lot. 4 parking spaces. Walking distance to Bank St, Elgin, and Little Italy. Close to grocery, retail, dining, transit and LRT. Unit mix: 2 x 2-bedroom, 1 x 1-bedroom (tenanted) + basement unit (vacant). Permit-ready package, architectural drawings, and financials available. Contact listing agent for data room access.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13086366
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	0 sq ft
Lot Size	3,735 sq ft
Beds / Baths	0 bed · 4 bath
Neighbourhood	4102 - Ottawa Centre
City	Ottawa Centre
Postal Code	K1R 5K1
Province	ON
Listed Date	May 5, 2026
Days on Market	93
Brokerage	PARADIGM COMMERCIAL REAL ESTATE & BROKERAGE INC.