For Sale

275 Bay Street, Ottawa Centre, Ontario K1R 5Z5

$0

275 Bay Street, Ottawa Centre, Ontario K1R 5Z5 is For Sale and has a listing price of 2,900,000. The property is located in the Ottawa Centre . It's been on the website for 116 Days.

  • Office
    Property Type
  • MLS ID: X12223156
  • Office Name THE REPS BROKERAGE
Property Description

Situated in the heart of Ottawa’s vibrant core, 275 Bay Street presents a rare opportunity to acquire a meticulously maintained, high-performing property steps from Parliament Hill, the future LeBreton Flats development, and the city’s central business district. This multi-use gem features a versatile layout spanning three levels, ideal for a combination of office, boutique commercial, or residential conversion. Each floor offers efficient open-concept spaces with exceptional natural light, high ceilings, and quality finishes throughout ready to support a variety of high-value uses. The property boasts rare, secure onsite parking, a major asset in this high-demand downtown location. Excellent frontage on Bay Street ensures strong visibility and accessibility, while the surrounding streets are lined with government buildings, law firms, tech companies, and upscale residential towers. With Zoning R5B[482]H(37), the property allows for multiple uses or redevelopment potential, making this an exceptional opportunity for owner-occupiers, investors, or developers alike. Key Features: Strategic downtown location walking distance to Parliament Hill, LRT, LeBreton Flats redevelopment, Sparks Street, and Bank Street retail. Rare on-site parking in Ottawa’s core (12 parking spaces owned plus 9 shared use not owned) 3-level flexible layout with potential for owner-occupancy, leasing, or future redevelopment. Modernized systems and excellent upkeep including a new roof this property is turnkey condition. Strong growth potential in one of Ottawa’s fastest-developing corridors. Whether you’re expanding your portfolio or looking for a signature downtown address, 275 Bay Street delivers unmatched value in Ottawa’s most dynamic and walkable neighbourhood. Book your private tour today to explore this rare downtown offering.

Property Details
  • MLS ID: X12223156
  • Price: $2,900,000
  • Lot Depth: 98
  • Transaction Types: For Sale
  • Ref ID: X12223156
  • Year Built: N/A
  • Dir / Cross St: Bay and Nepean
  • Tax Year: 2025
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
06/16/2025 X12223156 $2,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $726,120 Average List Price
    based on 1 year
  • 151 New Listings
    based on 30 days
  • 48 Median Days on Market
    based on 1 year
  • List vs. Selling Price 75.95 % Up
  • Sold (12mo) 161
  • Rented (12mo) 174

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Parking Spaces: 12
  • Taxes: $32,955
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 16/06/2025 15:09:46
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