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This well-maintained property is currently divided into five tenant spaces, including a spacious two-bedroom residential unit that could easily be converted into additional office space. The layout offers strong potential for reconfiguration, with the ability to accommodate six or more individual tenant areas, making it ideal for investors or business owners seeking flexibility and future growth. Located just seconds from the 406 Highway, the property provides excellent accessibility without the congestion of Saint Paul Street. Its proximity to the downtown core allows for easy access to amenities while still offering quick in-and-out convenience for tenants and clients. There are two parking spaces out front and parking for 11+ cars on the Head Street side of the building on a long term lease. All existing tenants are on month-to-month leases, providing immediate income with the freedom to restructure lease terms, adjust rents, or occupy part of the building as needed. This is a rare chance to own a versatile and strategically positioned commercial asset in a growing urban center. With its solid construction, adaptable layout, and unbeatable location, this property represents exceptional value and long-term potential." +"BasementYN": true +"BuildingAreaUnits": "Square Feet" +"CityRegion": "451 - Downtown" +"CommunityFeatures": "Major Highway,Public Transit" +"Cooling": "Yes" +"Country": "CA" +"CountyOrParish": "Niagara" +"CreationDate": "2025-05-18T02:08:19.950372+00:00" +"CrossStreet": "Geneva and Race" +"Directions": "Carlisle St to Race St" +"Exclusions": "None" +"ExpirationDate": "2025-11-28" +"Inclusions": "Upon request" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "Niagara Association of REALTORS" +"ListingContractDate": "2025-05-17" +"LotSizeSource": "MPAC" +"MainOfficeKey": "118900" +"MajorChangeTimestamp": "2025-05-17T23:50:50Z" +"MlsStatus": "New" +"OccupantType": "Owner+Tenant" +"OriginalEntryTimestamp": "2025-05-17T23:50:50Z" +"OriginalListPrice": 1950000.0 +"OriginatingSystemID": "A00001796" 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Description
Well maintained and updated building in prime downtown area. Steps from Elgin Street, Sobey’s, Canal and Parliament Hill. Close to OC Transpo hub, and convienent access to the 417 East/West ramp. On site parking available, and paid parking across the street. Various size units available.
Details
MLS® Number
X10402630
X10402630
Additional details
- Roof: Unknown
- Utilities: Unknown
- Sewer: Unknown
- Cooling: Unknown
- County: Ottawa
- Property Type: Commercial Lease
Address
- Address 225 METCALFE Street
- City Ottawa Centre
- State/county ON
- Zip/Postal Code K2P 1P9
- Country CA