Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$1,777,866
( $538.75Per Sq Foot )
$9,544 est/mo Sourced by Back At You245 Bay Street,Ottawa, ON K1R5Z4
Ottawa, ON K1R5Z4
Description
Exceptional Investment Opportunity and excellent location in downtown Ottawa! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtown Ottawa. Benefting from dual frontage and two separate addresses on both streets . It is surrounded by many high apartment buildings. In a densely populated neighborhood, it offers access to top-rated public schools, parks, and recreational facilities. The location is highly convenient, with bus stops and the OLRT-Lyon light rail station within walking distance.The property spans 3,300 square feet, upstairs with 5 offices/bedrooms (suitable for use as offices, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The first foor is currently operating as a convenience store, but can easily be adapted for other uses. The current building's basement is used as storage, but it can be also used as club. A total of 12 parking spaces are available, with 7 at the rear currently rented out for additional rental incomes with 2200 square feet area land . With ample parking, excellent transportation access, and versatile usage options. In addition, in terms of New Zoning (By-law 2026-50), the place can be built a hub(high building with 90 meters). Another building can be constructed in the additional land(i.e. the parking spots). It can be used (1)personal service business: barber shop, beauty parlour, or dry cleaner's distribution station. (2) place of assembly: club. (3)retail store: drugstore, floristshop, newsstand. (4) restaurant. This is a rare investment opportunity! Owner can offer second mortgage choice to buyer. (id:374)
Details
| MLS # | X14020456 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 13 |
| Listing Provided By | COLDWELL BANKER FIRST OTTAWA REALTY | Stephen Wu |
Features
| SQ Feet | 3,300 |
|---|---|
| Zoning | R5B |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Hot water radiator heat, Natural gas |
| Appliances | Washer, Dryer |
| Fireplace Yes / No | No |
Parking
| Parking Total | 12 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 17050 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R5Z4 |
| Listing VS Median (in K1R5Z4) | |
Price: $1,777,866 low | high Med: $459,900 sqft: 3,300 low | high Med: 600 $ / sqft: $539 low | high Med: $767 On site: 13 low | high Med: 175 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R5Z4 |
| Listing VS Median (in K1R5Z4) | |
Price: $1,777,866 low | high Med: $459,900 sqft: 3,300 low | high Med: 600 $ / sqft: $539 low | high Med: $767 On site: 13 low | high Med: 175 | |
Nearby Listings (Within 1/10 mile)
Price: $1.333M - $2.222M
sqft: 2,000 - 4,000
 | $1,350,000486-488 Lisgar StreetOttawa, ON K1R5H3 |
Listing Updated: October 13, 2026 at 9:50:19 AM PDT
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