$999,000
566 BAY Street, Ottawa Centre, ON K1R 6B9
Ottawa Centre
Listing courtesy of POWER MARKETING REAL ESTATE INC.
Ottawa Centre · K1R 5P2
$999,900
$286 / sq ft1 months on market
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$999,000
Ottawa Centre
Listing courtesy of POWER MARKETING REAL ESTATE INC.
Excellent mixed-use investment opportunity in a prime central location! This well-maintained building features a main-level retail/commercial/office space with good storage in the basement plus two separate residential apartments on the upper levels, creating an attractive income-producing property with multiple potential uses. The second-floor apartment offers 1 bedroom with parking included while the third-floor apartment offers an additional residential unit generating steady rental income. Tenants currently pay their own utilities with the exception of water, helping reduce operating costs. The main-level office space provides excellent exposure and flexibility for a variety of business uses or future leasing opportunities. A detached garage and parking for 4 vehicles included behind the building. Ideal opportunity for investors seeking cash flow and future rental upside, or owner-occupiers looking to operate a business while benefiting from additional income from the residential units above. Conveniently located close to downtown, transit, shopping, restaurants, and major amenities. Rare opportunity to own a versatile mixed-use property in a sought-after urban location with strong long-term potential.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 55% of comparable retail listings in Ottawa Centre are asking less.
Based on 11 comparable active retail listings in Ottawa Centre. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $999,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK REALTY GROUP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
$899,000
Ottawa Centre
Listing courtesy of CDN GLOBAL (OTTAWA) LTD.
$849,000
Ottawa Centre
Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES