ON > Ottawa Centre > 4102 - Ottawa Centre
Ottawa Centre, ON K2P 1T5,168 O'connor ST
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Ottawa Centre, ON K2P 1T5,168 O'connor ST
Ottawa Centre, ON K2P 1T5,168 O'connor ST
Ottawa Centre, ON K2P 1T5,168 O'connor ST
Ottawa Centre, ON K2P 1T5,168 O'connor ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,250,000
Est. payment /mo
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Active

168 O'connor ST Ottawa Centre, ON K2P 1T5

3,261 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,261 sqft

Price per Sqft $383

Subdivision 4102 - Ottawa Centre

MLS Listing ID X12378865

Tax Year 2025

Property Sub-Type Commercial Retail

Lot Depth 99.09

Lot Front 33.02

Property 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.

Location

Province ON

County Ottawa

Community 4102 - Ottawa Centre

Area Ottawa

Zoning R5B

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 33.02

Lot Depth 99.09

Others

Security Features Yes

Listed by RE/MAX PRIME PROPERTIES
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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168 O'connor ST

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