We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
168 O'CONNOR STREET, Ottawa
2025-09-03
Quick Summary
- Location
- 168 O'CONNOR STREET, Ottawa, Ontario K2P1T5
- Price
- $1,250,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 3261 sqft
MLS®#X12378865
Property Description
Calling all investors, developers, and builders! *R5B zoning* Rare opportunity to own a prime property in the heart of downtown Ottawa, surrounded by shops, restaurants, the ByWard Market, University of Ottawa, government offices, and just steps to major employers, public transit, and the new LRT station. This property sits on a 33' x 99' lot with highly desirable *R5B zoning*, allowing for a wide range of residential and commercial uses. The existing 1.5-storey mixed-use building offers approximately 4,400 sq. ft. of gross building area (GBA), including a main floor retail or office space of approx. 1,320 sq. ft., a residential apartment above, and additional rooms in the lower level. The current setup provides immediate income with further upside through renovations, reconfiguration, or redevelopment. The property features four onsite parking spaces that can be rented at $250/month each, adding $12,000 annually to revenues. The residential unit upstairs can be rented, and additional rooms can be optimized to generate significantly more income up to $4,500/month with renovations. The main commercial space has rental potential in the range of $50 to $80 per sq. ft., positioning this property for excellent returns. With all income streams combined, the projected gross annual income can reach approximately $158,400, translating to a net income potential of $140,000+ per year. Additional highlights include a mix of carpet and wood flooring, street parking in addition to onsite spaces, and outstanding visibility along busy O'Connor Street. This is an exceptional revenue property whether you are looking for a stable income-generating asset, a redevelopment site, or both, this property delivers outstanding value and opportunity in one of Ottawa's most sought-after downtown corridors. (id:32467)
Property Features
Building
- Cooling Type: None
- Fireplace: No
- Interior Size: 3261 sqft
- Utility Water: Municipal water
Land
- Land Size: 33.02 x 99.09 FT
Zoning
- Description: R5B
Information entered by RE/MAX PRIME PROPERTIES
Listing information last updated on: 2025-10-23 00:32:43
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$500,000
Your One Percent Realty Commission savings†
$500,000
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
- Phone:
- (613) 883-8098
- Mobile:
- (613) 883-8098
- Email:
- sheila.forwarddavis@gmail.com
- Support Area:
- Ottawa, Kanata, Manotick
Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileJay Terris Salesperson
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- (613) 355-7295
- Email:
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- Support Area:
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I offer 1% CASH BACK REBATE* On Home Purchases My mission is to represent ...
Full ProfileSergiu Buhatel Broker
- Phone:
- (613) 724-8815
- Email:
- sergiu.buhatel@gmail.com
- Support Area:
- Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth
Sergiu has been a Realtor® since 2012 and obtained his Broker license in 2015. He holds a Mas ...
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