245 Bay Street, Ottawa, Ontario K1R5Z4

Listed on Nov 03, 2025 • 4102 - Ottawa Centre • MLS® #X12501344

BedroomsN/A
BathroomsN/A
Size3300 SqFt
Total Parking12
Front DoorN/A
Lot SizeBldg=66 x 50 FT

Description

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:39198)

Features & Details

Key Summary

Property Type: Retail
Taxes: $17,050 / 2025
Size: 3300
Lot Size: Bldg=66 x 50 FT
Total Parking: 12

  • Style: Other
  • Property Class: CommercialProperty
  • Last Status: New
  • Days on Market: 85

  • Heating: Hot water radiator heat, Natural gas
  • Cooling: Fully air conditioned
  • Extras / Inclusions: Washer, Dryer

  • Lot Dimensions: Bldg=66 x 50 FT
  • Water Source: Municipal water

  • Total Parking Spaces: 12

  • MLS® Number: X12501344
  • Listed On: Nov 03, 2025
  • Last Status: New
  • Days on Market: 85
  • Updated On: Nov 03, 2025 14:01
  • Brokerage: COLDWELL BANKER FIRST OTTAWA REALTY
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25 years

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