Welcome to 111 York Street a true gem in Ottawas iconic Byward Market. Exceptional turn-key investment property that will impress anyone looking to add to their portfolio. This mixed-use building offers the perfect blend of commercial and residential, with high foot traffic, great visibility, and multiple income streams.The main floor retail unit is currently leased to a popular café generating $4,000/month in gross rent. Main floor has approximately 1,153 sq. ft. of usable space, plus an additional office and storage area in the basement. This space is well-equipped for a variety of food and beverage concepts. Featuring ample seating and standing areas, fully built-out leasehold improvements, and a prime location steps from the Rideau Centre, University of Ottawa, government offices, and dense residential zones, the possibilities are endless. Above the retail, discover the crown jewel: a spacious 2-storey loft-style unit with 1,969 sq. ft. Fully furnished and operating as a successful short-term rental, the unit includes 3 bedrooms and 2.5 bathrooms, offering the flexibility to be used as a residence, office space, or continued Airbnb income property. Whether you're an investor looking for a stable asset in a premier location, or a startup entrepreneur seeking a dynamic live/work space, 111 York Street delivers the rare combination of location, versatility, and character.
Address
111 York Street
List Price
$2,749,000
Property Type
Commercial
Type of Dwelling
Office
Area
Lower Town - Sandy Hill
Sub-Area
4001 - Lower Town/Byward Market
County
Ottawa
Lot Depth
99
Lot Type
Lot
Lot Size Units
Feet
Lot Width
24.65
MLS® Number
X12105210
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Postal Code
K1N 8Y3
Tax Amount
$15,777.00
Tax Year
2024
Community Features
Public Transit
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
Security Features
No