Ottawa Centre · K2P 1B8
$1,950,000
$345 / sq ft2 weeks on market
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233 Argyle Avenue presents a unique redevelopment opportunity in a highly strategic location within Ottawa's Centretown. 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. The site also benefits from active site plan approved application for the potential development of a 14-unit residential addition to the existing office building. The property is currently improved with a 2,813 sq. ft, 3 storey office building, which will be provided vacant, along with approximately 15 surface parking spaces in the rear of the lot, which a potential buyer/developer can lease to generate immediate income during the development planning process. Supporting planning, environmental, additional reports and other building information can be made 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.