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$14,500,000
X12969088 MLS
Property being sold on an "as-is, where-is" basis under power of sale provisions. 178 Nepean Street and 211-231 Bank Street benefit from plans prepared for a proposed 9-storey mixed-use development with 263 residential units and approximately 101,509 square feet of gross floor area. Purchasers are encouraged to undertake their own due diligence regarding development potential and approvals. The property offers a redevelopment opportunity in the heart of downtown Ottawa. The site is surrounded by a wide range of amenities, restaurants, retailers, and services along Bank Street, and benefits from excellent access to the central business district, the University of Ottawa, Carleton University, and major transit routes.

178 Nepean & 211-231 Bank Street, Ottawa Centre

$6,950,000
X12560840 MLS
Freestanding two-storey office building available for sale in prime Centretown. Ideally located near Catherine and Bank Street, this concrete-constructed property offers 27,361 sq ft of flexible, turn-key office space across multiple suites, featuring a mix of enclosed offices, open work areas, reception spaces, boardrooms, and kitchenettes, with in-suite or shared washrooms. Large window lines provide excellent natural light, and the solid construction ensures a quiet, professional environment. The building includes convenient access between floors, including freight elevator service from the lower level, and is supported by 36 on-site parking spaces, a rare amenity in this urban location. Walkable to public transit, HWY 417, and numerous surrounding restaurants, cafés, shops, and services. Recent density studies and local housing initiatives further enhance the property's appeal for developers, investors, and owner-occupants seeking a well-located, adaptable asset in one of Ottawa's most desirable districts.

205 Catherine Street, Ottawa Centre

$3,200,000
4 Beds ⋅ 4 Baths ⋅ X12896862 MLS
Welcome to 112 Queen Elizabeth Drive, a fabulous 3500 Sq Ft home custom built by prominent Ottawa builder Mr. Allan Bateman and designed by award-winning architect Mr. Barry Hobin. Homes of this caliber and architectural integrity are seldom available, this exceptional design features a striking three-storey open riser staircase, 3 bedrooms, four bathrooms and a main floor Den/Office or 4th bedroom with expansive living room with floor to ceiling fireplace and dining space anchored by a truly spectacular chef's kitchen. A private home office, easily accessed from both the kitchen and second floor hallway, offers a quiet retreat, while the integrated elevator provides seamless accessibility across all levels. The home's design embraces a minimalist aesthetic rooted in strength, simplicity, and functionality. Clean lines, open spaces, and a refined material palette-featuring stone, metal and wood create a timeless, modern presence. Wide plank oak flooring runs throughout, adding warmth and continuity, while a neutral palette of charcoal and deep browns is elevated by subtle metallic accents. Expansive windows and carefully considered lighting maximize natural light and highlight the architectural form. Thoughtfully designed for both luxury and function, the lower level is perfectly suited for a home theatre or entertainment space. Practical elements have been equally considered, with a spacious mudroom connected to the oversized 20' x 20' double-car garage, and a well-appointed laundry room discreetly located on the bedroom level. A rare offering where design, craftsmanship, and location converge. A new home is currently being built at 8 McLeod Street (refer to the survey and photos).

112 Queen Elizabeth Drive, Ottawa Centre

$2,649,000
X13201164 MLS
Prime Downtown Ottawa Office Building for Sale. An exceptional opportunity for an owner-user or investor in the heart of downtown Ottawa. This standalone office building will be delivered vacant on closing as the current owner-occupier is relocating. The property is zoned for a wide range of commercial uses including diplomatic missions and medical offices, and also presents an excellent urban redevelopment opportunity. Existing zoning permits a building height of up to 23 meters, allowing for a mixed-use residential mid-rise with ground-floor retail. The building is BOMA-certified with 6,863 sq. ft. of usable/rentable area on a generously sized lot featuring 11 parking spaces. The main floor offers 1,701 sq. ft. with a reception area, boardroom, six enclosed offices, and a washroom. The second floor measures 2,029 sq. ft. and includes eight enclosed offices, an open bullpen area, and a washroom. The third floor includes four offices, a kitchenette, and access to the flat roof.Ideally situated within walking distance of the Elgin Street Courthouse, City Hall, and Parliament Hill, the property offers unbeatable accessibility. With a Walk Score of 100, Transit Score of 87, and Bike Score of 99, it is one of Ottawa's most connected urban addresses. Whether you are seeking a turn- key office building or a prime redevelopment site, this property offers exceptional potential and flexibility.

307 Gilmour Street, Ottawa Centre

$2,395,000
9 Beds ⋅ 6 Baths ⋅ X13811574 MLS
Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.03%. It has been continuously occupied since the current owner's purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city.

161-163 Gilmour Street, Ottawa Centre

$2,240,000
7 Baths ⋅ X12784612 MLS
Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information.

455-457 Somerset Street W, Ottawa Centre

$2,240,000
17 Beds ⋅ 7 Baths ⋅ X12784444 MLS
Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information.

455-457 Somerset Street W, Ottawa Centre

$1,950,000
X13716230 MLS
233 Argyle Avenue presents a unique redevelopment opportunity in a highly strategic location within Ottawa's Centretown. This 5,653 sq. ft. (33' x 171') lot is zoned Neighbourhood Zone 4 - N4B[2881] permitting a wide range of commercial and residential uses. The site also benefits from active site plan approved application for the potential development of a 14-unit residential addition to the existing office building. The property is currently improved with a 2,813 sq. ft, 3 storey office building, which will be provided vacant, along with approximately 15 surface parking spaces in the rear of the lot, which a potential buyer/developer can lease to generate immediate income during the development planning process. Supporting planning, environmental, additional reports and other building information can be made available upon request.

233 Argyle Avenue, Ottawa Centre

$1,950,000
X13711960 MLS
233 Argyle Avenue presents a unique commercial investment, owner-user and/or redevelopment opportunity in a highly strategic location within Ottawa's Centretown. The property is currently improved with a 2,813 sq. ft, 3 storey office building including 15 surface parking spaces in the rear of the lot. The office building will be vacant on closing, providing an opportunity for owner-occupier purchasers. This 5,653 sq. ft. (33' x 171') lot is zoned Neighbourhood Zone 4 - N4B[2881] permitting a wide range of commercial and residential uses. There is an active site plan approved application on the property for the potential development of a 14-unit residential addition to the existing office building. The property provides excellent access to Bank Street, Elgin Street, Highway 417, and Ottawa's downtown employment core, with a wide range of retail, restaurants, professional services, and public transit nearby. Studies/reports, operating expenses, proposed development documents, and other building information available upon request.

233 Argyle Avenue, Ottawa Centre

$1,776,000
X13519132 MLS
Exceptional Investment Opportunity and excellent location in downtown Ottawa! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtown Ottawa. Benefting from dual frontage and two separate addresses on both streets . It is surrounded by many 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 offices/bedrooms (suitable for use as offices, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The first foor is currently operating as a convenience store, but can easily be adapted for other uses. The current building's basement is used as storage, but it can be also used as club. A total of 12 parking spaces are available, with 7 at the rear currently rented out for additional rental incomes with 2200 square feet area land . With ample parking, excellent transportation access, and versatile usage options. In addition, in terms of New Zoning (By-law 2026-50), the place can be built a hub(high building with 90 meters). Another building can be constructed in the additional land(i.e. the parking spots). It can be used (1)personal service business: barber shop, beauty parlour, or dry cleaner's distribution station. (2) place of assembly: club. (3)retail store: drugstore, floristshop, newsstand. (4) restaurant. This is a rare investment opportunity! Owner can offer second mortgage choice to buyer.

245 Bay Street, Ottawa Centre

$1,696,000
8 Beds ⋅ 6 Baths ⋅ X13691960 MLS
This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in downtown Ottawa with a delightful canopy of trees and remarkable properties of architectural distinction - just half a block East of Dundonald Park. Originally built for Canada's first Postmaster General, now comprises five impressive, renovated one- and two-bedroom rental suites. Family-owned all these 38 years. Thoughtfully upgraded, meticulously maintained, and built to endure. This turn-of-the-century property features a mix of high ceilings, hardwood floors, and beautiful art deco heating radiators throughout and as it stands blends historic charm with modernized building systems. Major upgrades include renovated kitchens and baths with granite, ceramics and stainless steel appliances; quality fibreglass-framed windows; updated electrical wiring and panels; replacement plumbing stacks; interior foundation treatment (2018); stone foundation repointing (2019); boiler (2001); two hot water tanks in parallel (2015 & 2025); roofing (2005 & 2016); five hydro meters; hardwired smoke detectors; tenant lockers; storage and garbage sheds; and seven window A/C units. Unit 1 is an exceptionally spacious two-bedroom suite offering a gas fireplace, wood-burning fireplace in the living room, five-piece ensuite, in-unit laundry and private deck. Residents enjoy a welcoming veranda, lobby, balconies, patios and deck areas. The lower level provides shared coin-operated laundry, private storage lockers and workshop space. Parking accommodates three or more vehicles in tandem. The grounds are attractively landscaped with generous side and rear yard amenities. The investment fundamentals are compelling, with an NOI of $72,000 and plenty of room. Just steps from Somerset Street, Bank Street, Parliament Hill, LRT transit, cycling infrastructure, restaurants, cafés, shopping, grocery stores and everyday conveniences .Well worth a discussion and site visit.

475 MacLaren Street, Ottawa Centre

$1,696,000
X13477716 MLS
This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in downtown Ottawa with a delightful canopy of trees and remarkable properties of architectural distinction - just half a block East of Dundonald Park. Originally built for Canada's first Postmaster General, now comprises five impressive, renovated one- and two-bedroom rental suites. Family-owned all these 38 years. Thoughtfully upgraded, meticulously maintained, and built to endure. This turn-of-the-century property features a mix of high ceilings, hardwood floors, and beautiful art deco heating radiators throughout and as it stands blends historic charm with modernized building systems. Major upgrades include renovated kitchens and baths with granite, ceramics and stainless steel appliances; quality fibreglass-framed windows; updated electrical wiring and panels; replacement plumbing stacks; interior foundation treatment (2018); stone foundation repointing (2019); boiler (2001); two hot water tanks in parallel (2015 & 2025); roofing (2005 & 2016); five hydro meters; hardwired smoke detectors; tenant lockers; storage and garbage sheds; and seven window A/C units. Unit 1 is an exceptionally spacious two-bedroom suite offering a gas fireplace, wood-burning fireplace in the living room, five-piece ensuite, in-unit laundry and private deck. Residents enjoy a welcoming veranda, lobby, balconies, patios and deck areas. The lower level provides shared coin-operated laundry, private storage lockers and workshop space. Parking accommodates three or more vehicles in tandem. The grounds are attractively landscaped with generous side and rear yard amenities. The investment fundamentals are compelling, with an NOI of $72,000 and plenty of room. Just steps from Somerset Street, Bank Street, Parliament Hill, LRT transit, cycling infrastructure, restaurants, cafés, shopping, grocery stores and everyday conveniences .Well worth a discussion and site visit.

475 MacLaren Street, Ottawa Centre

$1,649,900
5 Beds ⋅ 4 Baths ⋅ X13693796 MLS
An exceptionally rare, magnificent offering: two seamlessly connected penthouses totalling nearly 2500 sq.ft. at Studio Argyle, Domicile's loft conversion steps from the Canal and Glebe. This sophisticated residence blends grand proportions, authentic industrial character and modern comfort. It offers up to five bedrooms, soaring ceilings, abundant light from floor-to-ceiling windows and skylights, many updates and an unobstructed view of the Nature Museum. The terraces add close to 1000 sq.ft. more space for private outdoor living, lounging, dining and entertaining, with a pergola, gas BBQ and 2 fire pits. The versatile layout spans two substantial wings, adaptable to different households and lifestyles. Its five enclosed rooms are used as two bedrooms, two offices and a gym. PH4 centres on an open-concept gourmet kitchen with six-burner gas range, two ovens and extensive ceiling-height cabinetry; an inviting living and dining area opening to the terrace; a large home office; and a primary bedroom with two-way fireplace and walk-in closet. The ensuite has double sinks and an oversized rainfall shower; a second full bath enjoys a dry sauna and steam shower with body jets. A gallery hallway links PH4 and PH6. PH6 has a generous family room for relaxed gatherings, large office, full bath, powder room and laundry. PH6 has its own full-scale fitness studio with room for cardio and strength equipment plus yoga/floor work, with large windows, automated blinds and direct terrace access. The former kitchen, now a bedroom, also accesses the terrace. Its cabinetry and infrastructure remain; the island is stored to preserve the ability to reinstate the kitchen. Offered strictly together as one sale, each unit retains a separate entrance, parking space and storage locker; the two indoor parking spots are side-by-side. The result: one sprawling, cohesive and adaptable home today with meaningful future flexibility, including the option to restore the two-penthouse configuration.

255 Argyle Avenue Unit PH4 & PH6, Ottawa Centre

$1,599,000
8 Beds ⋅ 9 Baths ⋅ X13169542 MLS
An elegant 3 Story Victorian fully furnished building in a prime location. This stunning newer renovated residence combines historic charm with modern elegance, approx 4300Sqft, lots of newer update has been done. The main floor has spacious living room and dining room and a new kitchen, and a one bedroom unit with a large kitchen and laundry at the back with separate entrance could be owner occupied. Classic Victorian features, Ornate Banisters, cove and molding through out, hardwood and ceramic flooring. The second floor has 4 good size bedrooms all with own ensuits plus a extra 2pc bath and laundry. The 3rd floor has 3 bedrooms and 3 full baths, one has own ensuit. The property is currently operating very successful Airbnb business(5 stars), generating great income for the owner. Ideal for a large extended family or the buyer takeover the already thriving Airbnb business. 2 staircases allow for a variety of potential layouts The previous operated very successful Bed&Breakfast , it's also a great opportunity for the new owner.

431 Gilmour Street, Ottawa Centre

$1,525,000
X13622156 MLS
Rare five-unit investment opportunity in the heart of Centretown! This income-producing multifamily property offers an excellent unit mix, featuring one spacious 3-bedroom, 2-bathroom unit with in-suite laundry and four 1-bedroom, 1-bathroom units, making it an attractive option for both investors and tenants. Ideally located in one of Ottawa's most sought-after urban neighbourhoods, this property is just steps from vibrant shops, restaurants, cafés, parks, and public transit. Its prime location provides tenants with exceptional walkability and easy access to downtown, government offices, and major employment hubs. With strong rental demand, multiple income streams, and long-term appreciation potential, this property presents a compelling opportunity to expand your investment portfolio or add a quality asset to your holdings. Whether you're a seasoned investor or entering the multifamily market, this well-positioned property offers both stability and growth potential.

548 Maclaren Street, Ottawa Centre

$1,425,000
5 Beds ⋅ 3 Baths ⋅ X13110762 MLS
So much potential and charm! Check out this triplex steps away from the Rideau Canal, restaurants,Parliament Hill, University of Ottawa & much more! Located in one of the most sought-after areas in the Golden Triangle. Very large main floor features 2 bedrooms as well as an office/den area (currently used as a 3rd bedroom), large living room with a fireplace & a ton of natural light! 2nd floor features 1 bedroom, formal dining area/office, sitting room & its own large balcony. 3rd floor features 2 bedrooms, an office/formal dinning area & has a ton of natural light throughout! Updates include: Maize Siding & Eavestroughing, windows, roof, boiler (2018) maintenance every year, driveway & more! Main floor will be vacant upon closing - perfect for owner occupied unit with additional income from the other units, or investment opportunity!

14 Somerset Street W, Ottawa Centre

$1,350,000
X13765152 MLS
Ideally situated in Ottawa's coveted Golden Triangle, this property represents a rare opportunity to acquire a well-maintained six-unit multifamily asset in one of the city's most desirable urban enclaves. Each suite is thoughtfully configured, offering a strong foundation of stable income with meaningful potential for rental growth and value appreciation. The property's central location ensures enduring tenant demand, exceptional walkability, and proximity to Ottawa's key employment, retail, and lifestyle corridors. Investors will appreciate the balance of reliability and upside-an ideal addition to any portfolio seeking long-term performance in a high-barrier-to-entry market. A new roof was completed in 2024, further enhancing the property's desireability. Opportunities of this caliber in Ottawa's thriving multifamily market are increasingly rare, making 88 MacLaren Street a must-see for the discerning investor. Seller may consider VTB.

88 Maclaren Street, Ottawa Centre

$1,269,000
X13764372 MLS
Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale.

511 Bank Street, Ottawa Centre

$1,250,000
5 Beds ⋅ 3 Baths ⋅ X13038902 MLS
Rare investment opportunity in the heart of Ottawa's prestigious Golden Triangle! This classic red-brick duplex offers the perfect blend of historic charm, modern updates, and urban convenience, making it a standout addition to any real estate portfolio. This property is ideal for multi-generational living, a high-yield rental investment, or an ideal live-rent setup.The property features a versatile layout with 5 spacious bedrooms, 3 full bathrooms, and independent laundry facilities. Inside, you'll find soaring ceilings, original hardwood flooring, and large windows that flood the units with natural light. Both units provide comfortable, self-contained living spaces that cater to the high rental demand from professionals and students alike. Location is everything, and this address delivers. You are just steps away from the scenic Rideau Canal, the trendy boutiques and eateries of Elgin Street, and a short walk to the University of Ottawa and Parliament Hill. With private outdoor space and unbeatable transit access, this turnkey duplex represents a rare chance to own in one of the city's most stable and prestigious residential pockets.

93 Gilmour Street, Ottawa Centre