Ottawa, Ontario

Mixed commercial/residential freehold property on bustling Rideau Street, near University of Ottawa and various condo developments. The main floor is currently setup as a Chinese restaurant with a fully equipped kitchen and spare natural gas lines for additional gas equipments, complete with a customer seating area and bathroom. The full basement is ideal for storage and includes a 2-piece bathroom and utility rooms. Upstairs is the residential portion where you'll find 3 bedrooms, including one with an ensuite bathroom. Private driveway with up to 4 parking spots at the rear. Come check out this fantastic opportunity for investment or development! (id:53622)

Ottawa, Ontario

Welcome to the exceptional restaurant Kochin Kitchen in a great location at the heart of Ottawa's bustling ByWard Market! Price to SELL! Don't miss this rare chance to own a thriving restaurant. Nestled in a historic building that captures the essence of By-ward Markets rich heritage, creates a warm and welcoming atmosphere for clients and customers alike. Steps away from Ottawa University, Parliament, office buildings, and popular tourist destinations. Also the location is surrounded by high-rise condominiums within a walking distance, occupied by students and residents, and well-known hotels, including Marriott, Andaz, Les Suites, and Le Germain Hotel, ensuring a steady stream of tourists and professionals. Restaurant facility includes traditional entrance/reception/Bar, large dining area for about 80 people, operationally efficient kitchen includes, large 18 feet Hood, 10 burner stove, Girdle, Fryer, dish washing station, Steamer, movable storage stands, large single burner, cold station/salad fridge, Freezers, two walk in fridges, Beer cooling line/tap and fridge, glass cleaner, owned POSs, two dough machines, large men's/women's washrooms, a small office, and a preparation room and many more. You have the freedom to design the interior to suit your specific needs whether that means cozy dining areas. Showings require minimum of 24 hours' notice subject to availability, between 10AM-4PM. Future growth potential is great. Take advantage of this high-demand, high-rewarding business location. with City of Ottawa permit the patio can be made into usage. Excellent exposure, great layout, and move-in ready! Seize this incredible opportunity . (id:53622)

Ottawa, Ontario

Large commercial 100' by 300' lot situated south of the Ottawa International Airport on high traffic Leitrim Rd. This commercial property is ideally located on high-traffic Leitrim Rd and only 650metres from LRT Leitrim Station. Recent large AMPED Sports Lab and Ice Complex constructed just east of the property. Various uses permitted on land. Currently, older 3 bedroom bungalow and detached garage situated on property, tenanted month-to-month. Bungalow has good bones but requires updating. (id:53622)

Ottawa, Ontario

A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $231,122.28. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,357.50, (5) $2,639.38, (6) $2,610.81, (7) $2,450, (8) $2,562.50. Expenses include taxes: $26,712, hydro: $5057, water: $4,108, gas: $12,263, maintenance: $11,140, management: $8,784, insurance: $6714, advertising: $1,116, Admin $557, Structrual Reserve Allowance $4,562, Total yearly expenses = $81,017. In Financial Information, under Other Expenses, $6,236 is a combination of advertising ($1,116) plus administration ($557) and Structrual Reserve Allowance $4,562 (id:53622)

Ottawa, Ontario

Excellent Investment Opportunity in Vanier!This sixplex offers a desirable mix of four 1-bedroom and two 2-bedroom units, each with its own private entrance, eliminating common areas and reducing maintenance. With a strong cap rate of 5.82%, this property is priced to sell and offers exceptional cash flow potential. The property generates a yearly income of $86,837.28 with a net operating income of approximately $69,794.25.Recent capital improvements include a new hot water boiler system, new siding, a new front staircase, and a new sump pump, ensuring long-term durability. Several units have been renovated, generating strong rental income with room for future rent increases, making it easier to qualify for financing. The property features four parking spaces, with tenants handling snow removal, and offers potential to generate additional revenue by charging for parking. There's also an opportunity to add a laundry facility in the utility room for extra income. Located in Ottawa's high-demand Vanier rental market, this property boasts a Walk Score of 89, meaning most daily errands can be completed on foot. Public transportation is easily accessible, with multiple OC Transpo bus routes connecting to downtown Ottawa and key destinations. The area offers a variety of amenities, including the Richelieu-Vanier Community Centre for recreational and cultural activities, as well as the Vanier Museopark for outdoor green space and year-round programming. Don't miss out on this multi-unit investment, schedule your viewing today! (id:53622)

Ottawa, Ontario

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented for $2,800 and bottom unit presently owner occupied with an estimated rental income of $2,900 per month. Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs of $168,927.00. (id:53622)

Ottawa, Ontario

Westboro, excellent brick purpose built 6 unit apartment building, substantially upgraded and fastidiously maintained, with renovated apartments in an excellent Westboro location. Renovated kitchens and bathrooms, refinished hardwood floors, plumbing stacks replaced, breaker panels in units, hood fans, bathroom fans, dishwashers, 6 parking spaces plus extra area for snow, coin op laundry, storage lockers, owned HWT's, roof ~16 years old, furnace boiler 2015, windows replaced with vinyl windows, outdoor seating area. There is upside to the rents. 1 block to Richmond Rd and the Loblaws Superstore and all the stores and cafe's along Richmond Road, 10 minute walk to LRT transit. (id:53622)

Ottawa, Ontario

This unique legal Triplex, currently being used by one family, sits on a large 200' x 120' corner lot in a sought-after light industrial zone ""IL2 H(14)"". The property offers incredible potential with approximately 1,500 sq. ft. of newly constructed covered storage areas, ideal for various commercial and residential uses. Inside, the well-maintained units feature 10 versatile rooms, each offering the possibility for conversion into separate office spaces or other functional layouts to suit your needs. The expansive yard, measuring 100' x 120', is perfect for a range of operations, including warehousing, manufacturing, light assembly, research and development, offices, and select retail ventures. Benefit from unbeatable accessibility with quick access to Highway 417 via the Montreal Road exit and local transit just steps away. Ideally situated at the corner of Canotek Road and Rainbow Street, this property is surrounded by a variety of amenities and businesses, making it an excellent location for both residential and commercial uses. This is a rare opportunity to invest in a property that combines space, flexibility, and unmatched location. Don't miss out! (id:53622)

Ottawa, Ontario

A fantastic opportunity to own V-Banh Mi, a popular dessert and pho restaurant in a high-traffic Nepean location! Situated in a bustling Riocan Mall surrounded by LCBO, Canadian Tire, Home Depot, Dollarama, Walmart, Cineplex, and Loblaws, this restaurant enjoys excellent exposure and foot traffic. With seating for 44, a cozy atmosphere, and a prime location, this turn-key operation is perfect for those seeking to grow a thriving business. V-Banh Mi is celebrated for its innovative approach to desserts, blending traditional flavors with modern creativity. Customer reviews rave about the friendly staff, fast service, delicious offerings, and perfectly executed sweet treats. Extended hours until 10 PM make it a favorite destination for late-night dessert lovers. Dont miss out on this rare chance to own a gem in the heart of Nepeans retail hub! Note: Rent: $6,599.75 / month (id:53622)

Ottawa, Ontario

An exceptional opportunity to own Pho Ong Thin, a beloved dessert and pho restaurant located in the heart of Ottawas vibrant downtown! With a seating capacity of at least 44 and a prime location surrounded by university students and visitors, this establishment enjoys a steady flow of loyal customers. Renowned for its excellent service, delicious food, and indulgent desserts, offering healthy options and customizable dishes, making it a go-to spot for any craving. Whether youre looking for the best pho in Ottawa or a sweet treat to end your day, this restaurant delivers unmatched value and flavor. Embrace this rare chance to own a thriving business with a passion for love, authenticity, and culinary excellence. Act now to secure this downtown gem! Note: Rent: $9,040 / month, including utilities (id:53622)

Ottawa, Ontario

FANTASTIC OPPORTUNITY TO OWN, Not Rent! This professionally designed 2,000 sq.ft. office (1,000 sq.ft. on each floor) TOTALLY UPGRADED, offers a turnkey solution, whether you're seeking a spacious office for your business or are an entrepreneur looking to start a new venture. Perfect for a variety of professional uses, including law firms, accounting offices, administration services, or business management. Also ideal for those needing space to grow, this property provides flexibility for expansion. You could even rent out one floor for extra income as your business grows. The current owner HAS INVESTED over $75,000 in upgrades, IN ADDITION to over $50,000 in improvements from the previous owner. FIRST LEVEL: A welcoming waiting room/sitting area lead to a spacious meeting room or to a soundproof reception area with room for 3 workstations of which is adjacent to a large office that can easily be divided into two separate offices, along with a kitchenette, bathroom, and a 10x11 storage room. SECOND LEVEL: Ideal for executive use or to rent out separately, this level features a large sitting/reception area, a second meeting room, 3 executive offices, 1 small office, and a bathroom. RECENT UPDATES include new flooring, drywall, dropped ceilings, plumbing, wiring, ductwork, electrical panel, and HVAC system. Conveniently located with ample first-come, first-served parking near the door. Dont miss this rare opportunity to own a versatile space for your business or professional needs! **EXTRAS** NO NEED TO REDESIGN: The conference rms (can be use as executive offices), the open area as reception or meeting room. Upstairs features a secret document storage room. HVAC: American Standard 5 Ton Unit, on maintenance contract since 2010. (id:53622)

Ottawa, Ontario

Prime investment opportunity in the heart of the city. This unique property features four two story units. 21 Raymond is equipped with two kitchens, two baths and 6 rooms. 11 and 15 Raymond have a one bedroom unit on the main level, and a kitchen, bathroom and 3 rooms on the upper level. 13 Raymond has two kitchens, two baths and 5 rooms. Conveniently located off the highway, a short distance from Carleton University, and steps away from vibrant Little Italy and The Glebe Annex. Separately metered, with 4 furnaces, and an expansive frontage, the long term possibilities are endless. Currently tenanted with an annual gross rental income of $118,082.00. Includes ample parking, on site laundry, and additional bonus space with rough in for two bathrooms in the basement. The main floor of Unit 13 will be vacant, allowing the option of converting it back to a one bedroom unit. Showings only Mondays & Thursdays between 1pm & 3pm. (id:53622)