245 Bay Street Ottawa, Ontario K1R 5Z4
$1,799,000
Exceptional Investment Opportunity! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtown Ottawa. Benefiting from dual frontage and two separate addresses on both streets . It is surrounded by several 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 0ffices/bedrooms (suitable for use as offices, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The first floor is currently operating as a grocery store, but can easily be adapted for other uses. A total of 12 parking spaces are available, with 7 at the rear currently rented out for additional rental incomes. With ample parking, excellent transportation access, and versatile usage options, this is a turnkey investment-don't miss out on this rare opportunity! Owner can offer second mortgage choice to buyer. (id:50886)
Property Details
| MLS® Number | X12501344 |
| Property Type | Retail |
| Community Name | 4102 - Ottawa Centre |
| Farm Type | Other |
| Parking Space Total | 12 |
Building
| Appliances | Dryer, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 3300 Sqft |
| Size Interior | 3,300 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 50 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | Bldg=66 X 50 Ft |
| Size Total Text | Bldg=66 X 50 Ft |
| Zoning Description | R5b |
https://www.realtor.ca/real-estate/29058827/245-bay-street-ottawa-4102-ottawa-centre
Contact Us
Contact us for more information
Stephen Wu
Salesperson
stephenwurealtor.com/
www.linkedin.com/in/stephen-wu-32787935a/
1749 Woodward Drive
Ottawa, Ontario K2C 0P9
(613) 728-2664
(613) 728-0548
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November 03 2025 05:54:50
Ottawa Real Estate Board
Coldwell Banker First Ottawa Realty