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509 Rideau Street

509 Rideau Street

Lower Town - Sandy Hill, ON

1 bath • 1,097 sqft • Commercial Retail • 228 days on market

$2,375/moFor Lease

An exceptional opportunity to lease a newly renovated, three-level commercial space in a highly visible and high-traffic corridor, offering a unique layout ideal for businesses seeking versatility and character. Totaling 1,097 sq. ft., this thoughtfully designed space spans three distinct levels, allowing operators to create multiple service zones, private work areas, or differentiated customer experiences under one roof. The layout is particularly well-suited for barber shops, salons, wellness concepts, boutique service providers, or creative businesses looking to add value by offering different services on each floor. The vertical design provides a strong opportunity to brand each level while maintaining operational flow and privacy where needed. The space includes one washroom, with efficient circulation throughout all levels. The unit has been recently renovated, and finished flooring will be installed by the landlord prior to tenant possession, allowing for a clean, turnkey foundation to customize your business vision. Excellent street presence and accessibility make this an attractive option for both established operators and new concepts looking to stand out. Lease rate: $2,375/month Additional rent (TMI): $9.91/sq. ft. Utilities: Extra. An optional $5,000 landlord allowance is available to assist with leasehold improvements (investment into the property for tenant use only), subject to landlord approval. With this allowance, the rent would be $2,650/month, based on a minimum 2-year lease term, at the landlord's discretion. A rare opportunity to secure a distinctive, multi-level commercial space designed to elevate your brand and support long-term growth in a dynamic urban setting.

Listing Details

Taxes (2025) — owner
$7,470
Listed
January 12, 2026

Price History

Property

Lot Size
23.39 x 19.48 Feet

Location & Legal

Cross Street
Rideau St and Cobourg St
Zoning
TM6
Parcel Number
042130246
Possession
Immediate

Commercial

Occupancy
Vacant
Rental Term
36-120 months

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.

Listed by

EXP REALTY

Location

R

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