111 YORK ST new

Lower Town - Sandy Hill,ON K1N 8Y3

$ 2749000

- Bed

- Bath

3122 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,122 sqft

Price per Sqft $880

Subdivision 4001 - Lower Town/Byward Market

MLS Listing ID X12105210

Annual Tax Amount $15,777

Tax Year 2024

Property Sub-Type Office

Property Description

Welcome to 111 York Street a true gem in Ottawas 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 1,153 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, 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 1,969 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. 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.

Location

Province ON

County Ottawa

Community 4001 - Lower Town/Byward Market

Area Ottawa

Zoning Md2574Mixeduse

Interior

Cooling Yes

Inclusions Furniture in loft unit negotiable.

Exterior

Parking Features Outside/Surface

Community Features Public Transit

Utilities Available Yes

Building

Lot Description Lot

Others

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