Prominently situated on a high visibility corner along O'Connor Street in Ottawa, this property offers exceptional exposure in a rapidly evolving corridor.


Property

Website:https://www.nestseekers.com/5430392
Address:
Ottawa Centre K2P 1V7
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C975,000
($713,100)
(€609,000)
Annual Taxes:C5,605

Description

Prominently situated on a high-visibility corner along O'Connor Street in Ottawa, this property offers exceptional exposure in a rapidly evolving corridor. The building comprises approximately 1,670 square feet over two levels and has been used as office space for numerous years. The layout features a welcoming reception area, multiple private offices, and a generous main floor boardroom, providing a functional layout and efficient layout. A rare advantage in this location, the site includes on-site parking for approximately six vehicles. This is a compelling opportunity for an owner-occupier/investor seeking immediate usability combined with meaningful long-term upside. A conceptual plan outlines the potential for a six-storey 20 unit residential redevelopment including ground floor office, aligning with ongoing intensification in the surrounding area. The recent announcement of the Taggart development at 267 O'Connor introducing 517 residential units across two landmark buildings-further reinforces the strength and trajectory of this location. Buyers are encouraged to verify for both permitted and intended use. Concept plans are available upon request, offering a clear vision of the future potential.

Contact

505 Park Ave, New York, NY 10022