350 Booth Street, Ottawa, photo 1 1 / 13

$2,198,000

350 Booth Street

West Centre Town, Ottawa, ON K1R7K4 · MLS® X12628954

  • 4,000 square feetLiving area
  • 6Parking

About this property

7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:65933)

Type
Offices
Category
Office
Annual taxes
$20,000
Updated
Sep 16, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Coldwell Banker First Ottawa Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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