350 Booth Street

Ottawa, Ontario K1R 7K4

4,000 sqft Interior

6 Parking spaces

Bldg=53.51 X 74.62 Ft ; 0 Lot size

111 days ago Listed

Partially Air Conditioned Forced Air

About this home

7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:28469)

Facts & features

Property

MLS® Number: X12628954
Property Type: Office
Neighbourhood: Centretown West
Community Name: 4205 - West Centre Town
Parking Space Total: 6

Building

Cooling Type: Partially Air Conditioned
Heating Fuel: Natural Gas
Heating Type: Forced Air
Size Exterior: 4000 Sqft
Size Interior: 4,000 Sqft
Type: Offices
Utility Water: Municipal Water

Land

Acreage: No
Size Depth: 74 Ft ,7 In
Size Frontage: 53 Ft ,6 In
Size Irregular: Bldg=53.51 X 74.62 Ft ; 0
Size Total Text: Bldg=53.51 X 74.62 Ft ; 0
Zoning Description: Commercial Gm2 & Rh4

The West Centre Town market

21 Active listings

$789,900 Median asking price

178% above median This home

53 days Avg. time on market

Browse all West Centre Town listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

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: $9,732/mo
Ontario land transfer tax: $41,425 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

350 Booth Street, Ottawa, Ontario K1R 7K4 · Get directions