566 Bay Street, Ottawa, photo 1 1 / 9

$999,000

566 Bay Street

Ottawa Centre, Ottawa, ON K1R6B9 · MLS® X13622426

  • 3,000 square feetLiving area

About this property

Investors /Builders take note! This is a great and unique offering features a commercial building with approximately 3,000 sq. ft. of functional space, complemented by a single-family home on-site. Both buildings need work! Large lot of roughly 5,888 sq. ft., Right on Catherine, the property provides excellent potential for mixed-use purposes. Its versatile layout allows for a combination of commercial operations and residential use, making it an attractive opportunity for investors, owner-users, or redevelopment. Located at corner of Catherine and Bay Street, this property benefits from strong visibility, convenient access, and proximity to surrounding amenities. With ample square footage and dual-use potential, it represents a rare chance to secure a flexible asset in a prime location (id:65933)

Type
Residential Commercial Mix
Category
Retail
Annual taxes
$17,293
Updated
Jul 30, 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 Power Marketing Real Estate Inc..

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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