199-217 Dalhousie Street
Lower Town - Sandy Hill, ON
- 17,156 sqft
- Investment
- 448 days on market
This rare investment opportunity features two fully-leased properties (1 mixed-use and 1 commercial) and a vacant parking lot spanning approximately 201 by 101 feet in the heart of downtown Ottawa. Strategically positioned between St. Andrew Street and Guigues Avenue, along the well-trafficked Dalhousie corridor, the portfolio includes 10 commercial units(7 Tenants) and 6 residential apartments, all fully occupied.Generating a strong gross income of over $449,000 annually, the offering presents stable cash flow with upside potential through future rent escalations or site intensification. Zoned TM (Traditional Mainstreet), the properties benefit from flexible zoning that supports a wide range of commercial and residential uses, making this a rare and versatile holding in one of Ottawas most dynamic urban neighbourhoods.Opportunities to acquire this scale and street presence in the ByWard Market area are exceptionally limited, particularly with assembled frontage and secure income in place.
Listing Details
- Taxes (2025)
- $74,593
- Listed
- June 23, 2025
Price History
Property
- Lot Size
- 202.6 x 101.1 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Dalhousie & Guigues
- Zoning
- TM
- Possession
- 90+ days
- Occupancy
- Tenant
Included
- Inclusions
- To be verified with Accepted Agreement
- Exclusions
- Tenants Belongings
- Rental Items
- To be verified with Accepted Agreement
Community
Postal area K1N
- Population
- 26,639
- Private dwellings
- 17,122
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $478,000
- Homes sold
- 221
- Median days on market
- 34
- Sale-to-list price
- 96.7%
Based on 221 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
ROYAL LEPAGE TEAM REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 17,156 sq ft
- Price per sq ft
- $396.36
- Annual property tax
- $74,593
- Tax per sq ft
- $4.35
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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