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$8,500,000
X13496488 MLS
Rare opportunity to acquire a flagship 121-unit mixed-use development site in the heart of downtown Ottawa, approved for an 8-storey project featuring 67 hotel suites and 54 residential units. The approved development includes ground-floor commercial space and two levels of underground parking. More than a decade in the making, this landmark redevelopment has been carefully planned to deliver a strategic mix of hospitality, residential and retail uses. Positioned along one of Ottawa's busiest arterial corridors, directly beside the recently completed 9-storey Holiday Inn Express, the property offers exceptional visibility and long-term growth potential. The surrounding area is undergoing significant public and private reinvestment, with major redevelopment projects, new housing, streetscape improvements and City-led community initiatives supporting the neighbourhood's continued evolution. The project is supported by a comprehensive package of planning approvals, engineering reports and technical due diligence, providing a clear path toward near-term execution. An exceptional opportunity for developers, hotel operators, institutional investors and joint venture partners seeking a premier urban development opportunity in one of Canada's strongest mixed-use markets. Just steps from Parliament Hill, the ByWard Market, the University of Ottawa, Rideau Centre, LRT transit and the Gatineau bridges.

275 King Edward Avenue, Lower Town - Sandy Hill
$3,999,000
X12851986 MLS
This is a rare opportunity to acquire two neighboring, income-producing multi-family buildings on **one title** in Ottawa's historic Lowertown. Comprising 14 residential units (7 per building), this stabilized investment is ideally located just minutes from the ByWard Market, Rideau Centre, the University of Ottawa, and major government employment hubs. The majority of suites are in excellent condition, with only a few offering value-add potential through light cosmetic updates and rental optimization. Major capital improvements-including roofs, windows, electrical upgrades, and efficient electric heat pumps-have already been completed, helping minimize near-term capital expenditures. Positioned in one of Ottawa's most desirable urban rental markets, the property benefits from strong demand driven by students, young professionals, and government employees. An assumable CMHC-insured mortgage is available, and the property is held in a standalone corporation, presenting a compelling opportunity for investors seeking stable cash flow with long-term upside.

122-124 Cobourg Street, Lower Town - Sandy Hill
$1,595,000
10 Beds ⋅ 6 Baths ⋅ X12006603 MLS
Welcome to 93-95 Lower Charlotte, built around 1907. Since 2003, all systems were updated... electricity: 100 amp service to 300 amp ... plumbing: lead pipes and cast iron to copper and ABS... remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 Lower Charlotte is a legal non-conforming Triplex... 93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. ft. The main floor has Living/Dining area, powder room, renovated kitchen with access to large private deck. The second floor has a Master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a Murphy bed. 95 Lower Charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with BBQ. TOTAL EXPENSES: Taxes - $11,699.00, Wifi - $1,573, Hydro - $2,690.00, Water - $1,713.43, Gas - $3,656.70 , Insurance: $5243.00 Total Operating Expenses is: $26,575.00. RENTAL REVENUES: Unit -1 at 93 : $2600 mth, Unit -2 at 95 : $3450.00, Unit - at 93-95 : $2350. TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00. Capitalization Rate is : 4.4 ($74,225.00 / $1,695,000) There are 4 legal Parking spaces.

93-95 Lower Charlotte Street, Lower Town - Sandy Hill
$1,399,900
X13517736 MLS
Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings.

279 ST ANDREW Street, Lower Town - Sandy Hill
$854,500
6 Beds ⋅ 2 Baths ⋅ X12812038 MLS
An exceptional opportunity in the heart of Ottawa's vibrant ByWard Market - this semi-detached property offers BOTH 294 & 292 Clarence Street for sale together. Rarely does a full side-by-side building become available in this prime downtown location. Whether you're an investor looking to expand your portfolio, a buyer seeking multi-generational living, or someone wanting to live in one unit while generating rental income from the other, this property delivers flexibility and long-term upside. Situated steps from the Market, restaurants, cafés, public transit, and Ottawa's core amenities, the location ensures strong rental demand and walkability. With two separate units under one roof, the possibilities include: dual income streams, redevelopment, sever the buildings and re-list one half, or future value appreciation in one of the city's most established neighbourhoods.

292-294 Clarence Street, Lower Town - Sandy Hill
$579,900
1 Beds ⋅ 2 Baths ⋅ X13641064 MLS
Rare opportunity to own an iconic piece of Ottawa's history! The Wallis House, built in 1873, was converted to loft-style condos in 1996. With soaring ceilings, ample natural light, and exposed brick throughout, unit 404 has been completely updated for modern living while maintaining the authentic charm and character this building is known for. With a bright new kitchen with quartz countertops, a main floor powder room, and ensuite laundry, this thoughtful layout blends an open concept with functional division. With room for both formal dining, a kitchen island with additional seating, and a home office adjacent to a generous living room with a gas fireplace, this condo accommodates any lifestyle. Upstairs, a spacious loft bedroom and newly renovated ensuite blend seamlessly with the classic features and modern comforts. Backing onto Macdonald Gardens Park, the Wallis House offers both downtown living in a prime location simultaneously and your own private escape with abundant greenspace and a rooftop terrace. Walking distance to Strathcona Park, the Ottawa River, bike trails, and the ByWard Market, this condo is a must see! Upgrades: Heat Pump 2024, Kitchen 2023, Bathroom 2026, Electrical Panel 2024, Washer/Dryer 2023, Ceiling fans 2023, Condo recently refinished front steps and added bike storage.

589 Rideau Street Unit 404, Lower Town - Sandy Hill
$545,000
3 Beds ⋅ 2 Baths ⋅ X13587664 MLS
Well priced and wonderfully versatile townhome in a quiet Lowertown enclave, steps to the ByWard Market, Global Affairs, Parliament Hill and Bordeleau Park on the Rideau River. This bright, multi-level home features floating staircases, open railings and excellent natural light throughout. The kitchen offers granite counters, plenty of cabinetry and a window overlooking the private courtyard, with the dining room flowing to the levels above and below. A half-level up, the living room delivers a gas fireplace, built-ins and patio doors to a large private deck shaded by a mature tree, a rare pocket of calm downtown. The primary bedroom on this level includes a full wall of closets and a bathroom with deep shower. Two more bright bedrooms and a full bath upstairs, plus a skylit rec room, laundry and generous storage on the lower level. A large garage sits right outside the front door. Walk to dining, culture, the river and the heart of the city. Downtown living without the compromise.

290 CATHCART Street Unit 22, Lower Town - Sandy Hill
$524,900
2 Beds ⋅ 2 Baths ⋅ X13130748 MLS
Nestled in a charming pocket of green parkland and historic character in the heart of Ottawa, this stylish low-rise building offers the perfect balance of tranquility and urban living, featuring brand new floors and granite countertops throughout. This approximately 890 sq. ft. open-concept layout is ideal for entertaining and everyday living, with a spacious living area that flows seamlessly onto a large private terrace securely set back from the public. The unit offers two bedrooms, two full bathrooms, and in-suite laundry, along with the convenience of indoor parking. The building also features a rooftop patio and a canoe storage room, perfect for storing your kayak or canoe and taking full advantage of the nearby Rideau River just steps away. Located moments from the vibrant ByWard Market, this home delivers the best of both worlds-peaceful surroundings with unbeatable access to city amenities.

316 Bruyere Street Unit 116, Lower Town - Sandy Hill
$160,000
X13073748 MLS
Incredible opportunity to own a fully equipped, profit making and turn key Franchise restaurant with fully trained team and full Mkt and Hands on Quality and technical support in a high-traffic, sought-after location in Ottawa. You can convert this into any other cusine or business also. This professionally designed space features top-quality Food with great rating, allowing you to start making profit immediately no setup delays, no permit hassles. All required licenses and approvals are in place. Very low and competitive rent as compare to the location. Parking available. All showings are by appointment only through the listing agent.

408 Dalhousie Street, Lower Town - Sandy Hill