Mirna Botros
613-600-2626245 Bay Street - $1,779,000
245 Bay Street - $1,779,000
245 Bay Street
$1,779,000
4102 - Ottawa Centre
Ottawa, OntarioK1R5Z4
0 beds
0 baths
12 parking
MLS#: X12921094Listed: about 4 hours agoUpdated:about 4 hours ago
Description
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 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 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. (id:58075)Details
Details for 245 Bay Street, Ottawa, Ontario- Property Type
- Retail
- Building Type
- -
- Storeys
- -
- Neighborhood
- 4102 - Ottawa Centre
- Land Size
- Bldg=66 x 50 FT
- Year Built
- -
- Annual Property Taxes
- $17,050
- Parking Type
- -
Inside
- Appliances
- Washer, Dryer
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Cross Streets: Cross in Bay street and Gloucester Street. ** Directions: East of Bay Street.
- Type of Dwelling
- -
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- Bldg=66 x 50 FT
- Zoning
- -
- Zoning Description
- R5B
Parking
- Features
- -
- Total Parking
- 12
Utilities
- Cooling
- Fully air conditioned
- Heating
- Hot water radiator heat, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 245 Bay Street, Ottawa, OntarioMap
Mirna Botros RealtorCopyright 2026