508 RIDEAU Street
Lower Town - Sandy Hill, ON
1,700 sqft • Commercial Retail • 311 days on market
Mixed commercial/residential freehold property on bustling Rideau Street, near University of Ottawa and various condo developments. The main floor is currently setup as a Chinese restaurant with a fully equipped kitchen and spare natural gas lines for additional gas equipments, complete with a customer seating area and bathroom. The full basement is ideal for storage and includes a 2-piece bathroom and utility rooms. Upstairs is the residential portion where you'll find 3 bedrooms, including one with an ensuite bathroom. Private driveway with up to 4 parking spots at the rear. Come check out this fantastic opportunity for investment or development!
Listing Details
- Taxes (2024)
- $14,384
- Listed
- October 21, 2025
Price History
Listing history
Sign in to view
Property
- Lot Size
- 32.31 x 99 Feet
Location & Legal
- Cross Street
- Rideau St. between Augusta St. and Coburg St.
- Zoning
- TM6[158]F(3.0)H(19)
- Parcel Number
- 042120009
- Possession
- Flexible
Commercial
- Business Type
- Hospitality/Food Related
- Occupancy
- Owner
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
- $474,000
- Homes sold
- 226
- Median days on market
- 34
- Sale-to-list price
- 96.7%
Based on 226 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
RIGHT AT HOME REALTY
Location
Street View
Commercial figures
- Building area
- 1,700 sq ft
- Price per sq ft
- $1,055.88
- Annual property tax
- $14,384
- Tax per sq ft
- $8.46
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?