Ottawa Centre · K2P 1B8
$1,950,000
$693 / sq ft2 weeks on market
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233 Argyle Avenue presents a unique commercial investment, owner-user and/or redevelopment opportunity in a highly strategic location within Ottawa's Centretown. The property is currently improved with a 2,813 sq. ft, 3 storey office building including 15 surface parking spaces in the rear of the lot. The office building will be vacant on closing, providing an opportunity for owner-occupier purchasers. This 5,653 sq. ft. (33' x 171') lot is zoned Neighbourhood Zone 4 - N4B[2881] permitting a wide range of commercial and residential uses. There is an active site plan approved application on the property for the potential development of a 14-unit residential addition to the existing office building. The property provides excellent access to Bank Street, Elgin Street, Highway 417, and Ottawa's downtown employment core, with a wide range of retail, restaurants, professional services, and public transit nearby. Studies/reports, operating expenses, proposed development documents, and other building information available upon request.
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An estimate on the asking price of $1,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES. 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.