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Listed price in listed location currency (CAD).
$1,250,000

000

MLS® X12378865

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 69
Approx. Age 
MLS® Number X12378865

Property Address: 168 O'Connor St, Ottawa, ON, K2P1T5

Average square foot calculated using Size range provided by listing agent.

Description

Calling all investors, developers, and builders! *R5B zoning* Rare opportunity to own a prime property in the heart of downtown Ottawa, surrounded by shops, restaurants, the ByWard Market, University of Ottawa, government offices, and just steps to major employers, public transit, and the new LRT station. This property sits on a 33' x 99' lot with highly desirable *R5B zoning*, allowing for a wide range of residential and commercial uses. The existing 1.5-storey mixed-use building offers approximately 4, 400 sq. Ft. Of gross building area (GBA), including a main floor retail or office space of approx. 1, 320 sq. Ft., a residential apartment above, and additional rooms in the lower level. The current setup provides immediate income with further upside through renovations, reconfiguration, or redevelopment. The property features four onsite parking spaces that can be rented at $250/month each, adding $12, 000 annually to revenues. The residential unit upstairs can be rented, and additional rooms can be optimized to generate significantly more income up to $4, 500/month with renovations. The main commercial space has rental potential in the range of $50 to $80 per sq. Ft., positioning this property for excellent returns. With all income streams combined, the projected gross annual income can reach approximately $158, 400, translating to a net income potential of $140, 000+ per year. Additional highlights include a mix of carpet and wood flooring, street parking in addition to onsite spaces, and outstanding visibility along busy O'Connor Street. This is an exceptional revenue property whether you are looking for a stable income-generating asset, a redevelopment site, or both, this property delivers outstanding value and opportunity in one of Ottawa's most sought-after downtown corridors.
MLS® NumberX12378865
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 14, 2025List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
168 O'connor St, Ottawa, ON

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