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233 Argyle Avenue

233 Argyle Avenue

Ottawa Centre, ON

  • 5,653 sqft
  • Land
  • 24 days on market
$1,950,000

233 Argyle Avenue presents a unique redevelopment opportunity in a highly strategic location within Ottawa's Centretown. This 5,653 sq. ft. (33' x 171') lot is zoned Neighbourhood Zone 4 - N4B[2881] permitting a wide range of commercial and residential uses. The site also benefits from active site plan approved application for the potential development of a 14-unit residential addition to the existing office building. The property is currently improved with a 2,813 sq. ft, 3 storey office building, which will be provided vacant, along with approximately 15 surface parking spaces in the rear of the lot, which a potential buyer/developer can lease to generate immediate income during the development planning process. Supporting planning, environmental, additional reports and other building information can be made available upon request.

Listing Details

Taxes (2026)
$27,153
Listed
August 25, 2026

Price History

Listing history

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Property

Lot Size
33 x 171.91 Feet

Parking

Garage
Outside/Surface

Utilities

Water
Water System
Sewer
Sanitary+Storm Available

Location & Legal

Cross Street
Bank Street , Argyle Avenue
Zoning
Neighbourhood Zone 4 - N4B[2881]
Parcel Number
041230034
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Residential
Office / Apartment Area
2813 Sq Ft

Community

Postal area K2P

Population
18,825
Private dwellings
14,113
Median age
34.4
Average household size
1.5
Median household income
$66,500

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 Ottawa Centre · last 12 months

Median sold price
$442,500
Homes sold
375
Median days on market
33
Sale-to-list price
97.1%

Based on 375 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

Walk Score

99

Walk

64

Transit

99

Bike

Scores by Walk Score®

Commercial figures

Building area
5,653 sq ft
Price per sq ft
$344.95
Annual property tax
$27,153
Tax per sq ft
$4.80

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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