111 YORK STREET, Ottawa, Ontario, CA

Address: 111 YORK STREET, Ottawa, Ontario

0 Beds0 Baths3414 sqftStatus: Buy
Price $2,549,000

Property Overview


Welcome to 111 York Street a true gem in Ottawa's iconic Byward Market. Exceptional turn-key investment property that will impress anyone looking to add to their portfolio. This mixed-use building offers the perfect blend of commercial and residential, with high foot traffic, great visibility, and multiple income streams. The main floor retail unit is currently leased to a popular café generating $4,000/month in gross rent. Main floor has approximately 1,275 sq. ft. of usable space, plus an additional office and storage area in the basement. This space is well-equipped for a variety of food and beverage concepts. Featuring ample seating and standing areas, a large patio overlooking green space, fully built-out leasehold improvements, and a prime location steps from the Rideau Centre, University of Ottawa, government offices, and dense residential zones, the possibilities are endless. Above the retail, discover the crown jewel: a spacious 2-storey loft-style unit with 2,139 sq. ft. Fully furnished and operating as a successful short-term rental, the unit includes 3 bedrooms and 2.5 bathrooms, offering the flexibility to be used as a residence, office space, or continued Airbnb income property. The building also comes with a large parking lot (approx 24' x 40') behind the building that could be used for further development and expansion. Whether you're an investor looking for a stable asset in a premier location, or a startup entrepreneur seeking a dynamic live/work space, 111 York Street delivers the rare combination of location, versatility, and character. (id:51532)

 

Tags




Property Summary
Property Type
Office
Building Type
Offices
Square Footage
3414 sqft
Community Name
4001 - Lower Town/Byward Market
Land Size
24.65 x 99 FT ; 0
Building
Interior Features
Appliances Included
Furniture
Building Features
Square Footage
3414 sqft
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Parking
Total Parking Spaces
4
Land
Other Property Information
Zoning Description
Md2574Mixeduse
Features
           Furniture            Fully air conditioned
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Your Home Finance Calculation

Property Price CA $2,549,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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