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Mixed commercial/residential freehold property on bustling Rideau Street, near University of Ottawa and various condo developments. The main floor is currently setup as a Chinese restaurant with a fully equipped kitchen and spare natural gas lines for additional gas equipments, complete with a customer seating area and bathroom. The full basement is ideal for storage and includes a 2-piece bathroom and utility rooms. Upstairs is the residential portion where you'll find 3 bedrooms, including one with an ensuite bathroom. Private driveway with up to 4 parking spots at the rear. Come check out this fantastic opportunity for investment or development!
City: Ottawa
Neighborhood: Sandy Hill
Purchase Price | $1795000 |
Down Payment | $359000 |
Mortgage Insurance | $0 |
Total Mortgage | $1436000 |
Mortgage Payment | $8849 |
Property Taxes | $1199 |
Maintenance Fees | $0 |
Monthly Payment | $10048 |
Sold Comparables homes near 508 Rideau St, Ottawa
Located at 508 Rideau St , this Ottawa house is available for sale. This property was listed for $1,795,000 on Mon Apr 07 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Bathroom, Dining, Kitchen, Primary, Bathroom, Kitchen, Br, Br, Bathroom. This property comes with 4 parking spots. 508 Rideau St, Ottawa is situated in the Sandy Hill neighbourhood.
MLS#: X12065807 · $1,795,000 · 3 bedroom house in Sandy Hill, Ottawa