view of apartment building / complex Features: split ac unit

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view of building exterior Features: split ac unit

view of commercial location Features: wall mounted ac, split ac unit

doorway to property featuring brick siding

kitchen featuring appliances with stainless steel finishes, wall chimney exhaust hood, light wood-type flooring, light stone countertops, and backsplash Features: white cabinets, natural light, microwave, refrigerator, kitchen bar, radiator, stone countertops, hardwood floor, range oven, backsplash, range hood, shaker cabinets

kitchen with a breakfast bar area, light wood-style floors, white cabinetry, and tasteful backsplash Features: hardwood floor, microwave, white cabinets, shaker cabinets, stone countertops, sink, backsplash, range oven, kitchen bar, dishwasher

kitchen featuring stainless steel appliances, white cabinets, wall chimney range hood, light wood-type flooring, and tasteful backsplash Features: natural light, sink, white cabinets, microwave, range hood, range oven, dishwasher, backsplash, stone countertops, shaker cabinets, hardwood floor

kitchen featuring appliances with stainless steel finishes, decorative backsplash, wall chimney exhaust hood, and white cabinetry Features: shaker cabinets, white cabinets, sink, range hood, backsplash, range oven, microwave, refrigerator, stone countertops, hardwood floor, natural light

kitchen with stainless steel appliances, white cabinetry, backsplash, range hood, and light wood-type flooring Features: sink, stone countertops, dishwasher, hardwood floor, range hood, shaker cabinets, microwave, white cabinets, backsplash, natural light, range oven

bedroom featuring freestanding refrigerator, light wood-type flooring, an office area, and a wall mounted AC Features: hardwood floor, wall mounted ac, refrigerator, natural light, radiator

bedroom featuring light wood-type flooring, freestanding refrigerator, and a closet Features: closet, hardwood floor, refrigerator

full bath featuring double vanity, radiator heating unit, dark stone finish floors, and a shower Features: vanity, sink, toilet, radiator, natural light, shower, mirror

bedroom with freestanding refrigerator, light wood-style floors, radiator heating unit, an office area, and a wall mounted air conditioner Features: wall mounted ac, natural light, hardwood floor, refrigerator, radiator

kitchen featuring freestanding refrigerator and light wood-style floors Features: hardwood floor, refrigerator, washer dryer, laundry

bathroom with a marble finish shower, baseboard heating, and vanity Features: shower, baseboard radiator, toilet, vanity, sink

laundry room with light wood-type flooring and stacked washer / dryer Features: natural light, stacked washer dryer, hardwood floor, laundry

bedroom featuring light wood-style floors, a desk, radiator, and a wall mounted AC Features: wall mounted ac, tv, natural light, hardwood floor, radiator

office area featuring light wood finished floors and baseboards Features: hardwood floor

hallway featuring an upstairs landing, light wood-style flooring, arched walkways, a chandelier, and lofted ceiling Features: vaulted ceiling, notable chandelier, refrigerator, arched walkways, hardwood floor

bedroom with radiator, light wood-type flooring, and a wall mounted air conditioner Features: hardwood floor, radiator, wall mounted ac, natural light

bedroom featuring light wood finished floors and baseboards Features: hardwood floor, tv

exercise area with light wood-type flooring and a wall mounted AC Features: refrigerator, wall mounted ac, natural light, hardwood floor

home office featuring arched walkways and light wood-style floors Features: arched walkways, refrigerator, hardwood floor

miscellaneous room featuring a drop ceiling, wine cooler, and wooden walls Features: natural light, tv, refrigerator, wine cooler

miscellaneous room with wood walls and a paneled ceiling

miscellaneous room with a drop ceiling and wood walls Features: workshop

miscellaneous room featuring a paneled ceiling

Additional content Features: stairs, concrete foundation, basement, stone foundation, built in shelves

unfinished below grade area with a sink and electric water heater Features: electric meter, washer dryer, sink, basement, water heater, range oven

view of unfinished basement Features: basement

unfinished below grade area with electric panel Features: basement, electric panel, stone wall

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For Sale - 245 Bay Street, Ottawa Centre, Ontario

245 Bay Street

Ottawa Centre , Ontario

$1,776,000

Est payment $8,528/mo

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Time on Jump 80 day

AI Summary *

Prime corner property with dual frontage and two addresses in downtown Ottawa.
Close to top-rated schools, parks, and public transportation options.
Spacious 3,300 square feet with versatile use as offices or residential.
Parking for 12 vehicles, with rental income from 7 spaces.
New zoning allows for high-rise development and additional construction opportunities.

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Down Payment:
$ 88,800 ( 5% )

First Time Buyer:
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New Build:
Yes No

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.

Listing IDX13519132

Address245 Bay Street

CityOttawa Centre, Ontario

Price$1,776,000

StyleCommercial Retail

Land Size3300

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Commercial RetailBasement 1Heating / Cooling Gas Hot Water

Market Info

Listing Agency:
COLDWELL BANKER FIRST OTTAWA REALTY

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Listing Agency:
COLDWELL BANKER FIRST OTTAWA REALTY

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For Sale - 245 Bay Street, Ottawa Centre, Ontario

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Market Info

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