$2,749,000
Available - For Sale
Listing ID: X12105210
111 YORK Street , Lower Town - Sandy Hill, K1N 8Y3, Ottawa
| 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. |
| Price | $2,749,000 |
| Taxes: | $15777.00 |
| Tax Type: | Annual |
| Occupancy: | Partial |
| Address: | 111 YORK Street , Lower Town - Sandy Hill, K1N 8Y3, Ottawa |
| Postal Code: | K1N 8Y3 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 19, PL 42482 , N YORK ST, AS IN N3 |
| Directions/Cross Streets: | York / Dalhousie |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Office |
| Building Percentage: | F |
| Total Area: | 3414.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2139 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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At a Glance:
| Type: | Com - Office |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4001 - Lower Town/Byward Market |
| Tax: | $15,777 |
| Fireplace: | N |
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