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499 Sussex Drive

499 Sussex Drive

Lower Town - Sandy Hill, ON

  • 4,531 sqft
  • Commercial Retail
  • 197 days on market
Price TBDFor Lease

Prime restaurant opportunity in the heart of Ottawa's ByWard Market at 499 Sussex Drive, a prominent corner location with exceptional visibility along Sussex Drive and York Street. Available immediately, this multi-level restaurant premises must be leased together (not demisable) and totals 4,531 SF, comprised of: Ground Floor (1,483 SF) at $45.00 PSF NNN; Second Floor (1,584 SF) at $25.00 PSF NNN; and Basement (1,464 SF) at $8.00 PSF GROSS. 2026 additional rent is estimated at $14.23 PSF. Steps to the Rideau Centre, National Gallery, Rideau Canal, and Parliament Hill, and one block from the upcoming Live Nation event centre, benefitting from strong pedestrian traffic and nearby parking. Former restaurant equipment can be made available for sale. Tenants are responsible for arranging their own garbage pickup.

Listing Details

Taxes (2026) — owner
$14
Listed
March 4, 2026

Price History

Property

Lot Size
203.11 x 204.03 Feet

Parking

Garage
None

Location & Legal

Cross Street
Sussex Dr & York St
Zoning
MD2 S73
Possession
Immediate
Occupancy
Vacant

Commercial

Rental Term
60-120 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

MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.

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