An exceptional opportunity to own a commercial condo in the heart of Ottawa's vibrant ByWard Market! This approximately 920 sq. ft. unit offers a prime downtown location just steps from historic Sussex Drive, surrounded by restaurants, cafés, boutiques, hotels, entertainment and established local businesses, with strong year-round local and visitor traffic. Currently home to a long-established hair salon operated by the condo owner, the space features a well-maintained interior, an existing salon layout and two washrooms. For buyers interested in continuing the current use, the existing salon business, equipment and setup may also be negotiated as part of the opportunity offering exciting flexibility for the right buyer. With its manageable footprint and versatile layout, the property is well suited for hair and beauty, aesthetics, wellness, personal services, boutique retail, studio and other commercial concepts, subject to applicable zoning and condominium regulations. Located in one of Ottawa's most recognizable shopping, dining and tourism destinations, the property also offers excellent long-term potential as the ByWard Market continues to evolve through ongoing revitalization and investment in the surrounding area. Whether you're looking to own your business premises, take over an established salon, bring your own concept to life, or add a versatile commercial asset to your portfolio, the possibilities are here. Everything is open for discussion --- bring your vision and bring us an offer! (id:28469)
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Facts & features
Property
MLS® Number
X13811688
Property Type
Retail
Community Name
4001 - Lower Town/Byward Market
Building
Appliances
Dryer, Washer
Cooling Type
Fully Air Conditioned
Heating Type
Baseboard Heaters
Size Interior
920 Sqft
Type
Retail
Utility Water
Municipal Water
Land
Acreage
No
Zoning Description
Md4s72
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,103/mo
Ontario land transfer tax
$5,975 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.