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505 O’Connor Street in Ottawa: 4101 – Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651

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505 O'Connor Street
4101 - Ottawa Centre Ottawa K1S 1Y8

$2,195,000 /For Sale
Commercial

Main Photo: 505 O'Connor Street in Ottawa: 4101 - Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651
Photo 1: 505 O'Connor Street in Ottawa: 4101 - Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651
Photo 2: 505 O'Connor Street in Ottawa: 4101 - Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651
Photo 3: 505 O'Connor Street in Ottawa: 4101 - Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12263651
Bus Major:
Apts - 2 To 5 Units
505 O'Connor Street presents a rare opportunity to acquire a mixed-use property in the heart of Ottawa's highly desirable Glebe neighbourhood. Situated on the corner of O'Connor Street and Monkland Avenue, the ~4,400 square foot features a recently renovated ground-floor commercial space (~1,800 SF), formerly operating as a medical office, which will be delivered vacant. With recent capital improvements, including a new furnace, boiler, and roof, the space is ideally suited for a wide range of professional or medical uses. Its prominent corner location offers excellent visibility, with signage potential, a convenient access transit and Highway 417. Above the commercial spaces are two fully leased residential units, each occupying its own floor: A spacious three-bedroom unit (~1,800 SF) and a spacious two-bedroom unit (~800 SF). These units provide steady cash flow and appeal to a wide tenant base, including families, professionals, and students, thanks to the Glebe's walkable amenities, nearby retail, and proximity to Bank Street. This offering is well suited for owner-users seeking to occupy high-quality space while benefiting from the residential rental income, or investors looking for long-term value in stable, centrally located asset.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5314 sq. ft. Acres
Total Area:
5,314.32 sq. ft.
Office/Apt Area:
4400 sq. ft. Sq Ft
Depth:
99'11"
Frontage:
57'5"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
R1MM[504] H(10.5)
Heating type:
Gas Forced Air Closed
Garage:
Lane
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$28,509.65 / 2024
Assessment:
$- / -
Ottawa Centre
4101 - Ottawa Centre
Ottawa
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jul 04, 2025
  • Photo 1: 505 O'Connor Street in Ottawa: 4101 - Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651
    Photo 1 of 3
  • Photo 2: 505 O'Connor Street in Ottawa: 4101 - Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651
    Photo 2 of 3
  • Photo 3: 505 O'Connor Street in Ottawa: 4101 - Ottawa Centre Commercial for sale (Ottawa Centre) : MLS®# X12263651
    Photo 3 of 3
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Listed by CUSHMAN & WAKEFIELD and NON-PROPTX BOARD OFFICE
Data was last updated July 5, 2025 at 04:15 AM (UTC)
DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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