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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X12764910Ottawa Centre, Ottawa · K1R 5Z4
For SaleCommercial Retail

245 Bay Street

$1,779,000
3,300 sqft$539/sq ft37d on market
The Bowery Condos + LoftsbyRichcraft Homes
MLS# X12764910Ottawa Centre, Ottawa · K1R 5Z4
For SaleCommercial Retail

245 Bay Street

The Bowery Condos + LoftsbyRichcraft Homes

$1,779,000

$539/sq ft· Bldg avg $627/sq ft · 37 days on market

Bedrooms
—
Size (MLS Range)
3300 sq ft
Parking
12 Outside/Surface

Listing History — This Unit

Real estate boards require you to sign in to see the full listing history.
Mar 25, 2026(15d ago)
For Sale

$1,779,000

15 DOM
COLDWELL BANKER FIRST OTTAWA REALTY·MLS# X12921094
View →
Mar 20, 2026(20d ago)
For Lease

$3,700

20 DOM
COLDWELL BANKER FIRST OTTAWA REALTY·MLS# X12905480
View →
Feb 06, 2026(2mo ago)
For Sale

$1,779,000

37 DOM
COLDWELL BANKER FIRST OTTAWA REALTY·MLS# X12764910
Current
Jan 01, 2024Terminated
$000,000

(Sign-in required)

Jan 01, 2024Terminated
$000,000

(Sign-in required)

Jan 01, 2024Terminated
$000,000

(Sign-in required)

Jan 01, 2024Terminated
$000,000

(Sign-in required)

About This Listing

Exceptional Investment Opportunity! 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 several 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 grocery store, but can easily be adapted for other uses. 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. With ample parking, excellent transportation access, and versatile usage options, this is a turnkey investment-don't miss out on this rare opportunity! Owner can offer second mortgage choice to buyer.

Property Details

MLS NumberX12764910
Property TypeCommercial Retail
Listing TypeFor Sale
StatusActive
Size3,300 sq ft
Parking Spaces12
Parking TypeOutside/Surface
Property Tax$17,050/yr
Days on Market37
Listed2026-02-06
CommunityOttawa Centre
The Bowery Condos + Lofts

The Bowery Condos + Lofts

Red Bricks Data

by Richcraft Homes · 255 Bay Street

18 Storeys248 SuitesCompleteWalk 92Transit 90

Maint. Fees

0.00

Occupancy

2016

Live MLSFor Sale: 29 · $627/sqftFor Rent: 10 · $4.36/sqft
Guest SuitesFitness CentreDining AreaParking GarageSaunaTerraceSwimming PoolYoga Area+2 more
View full building profile

Location & Scores

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Listing provided by COLDWELL BANKER FIRST OTTAWA REALTY

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

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MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: March 14, 2026 at 12:22 a.m.