170 Metcalfe Street
4102 - Ottawa Centre, Ottawa Centre, K2P 1P3
$129,000
Reduced $70,000 from $199,000
Listed 32 days ago · MLS® X13803396
About this home
Prime asset sale of a turn-key restaurant space in heart of Centretown. Continue existing franchise restaurant or bring your own concept. Located on a premier high-visibility corner with exceptional exposure, and high foot and vehicle traffic. The unit is 1,375 sq. ft. with a flexible, open layout ideal for a range of concepts from quick-service to casual dining. The dining area is bright and inviting, supporting comfortable dine-in and grab-and-go experiences. Benefit from the modern, high-end restaurant fit-up and equipment for a fraction of the cost of building yourself. This location offers significant growth potential as Centretown's office occupancy rebounds and the daytime population expands. Existing lease to be assumed by Buyer, subject to Landlord approval. Semi-Gross rent $6,846.74 per month plus HST, plus hydro. Schedule all showings through the listing agent; please do not approach staff with inquiries.
Details
- Type
- Sale Of Business
- Garage
- None
- Neighbourhood
- 4102 - Ottawa Centre
- Municipality
- Ottawa Centre
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
Building and exterior
- Building area
- 1,375 Square Feet
More
- Possession
- Flexible
- Cross street
- Metcalfe and Nepean
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Parliament LRT7 min walk
- 🚇 Lyon LRT13 min walk
Within a 10-minute walk: 6 grocery stores, 230 cafés and restaurants, 10 parks, 15 pharmacies. Nearest grocery: Farm Boy (50 m). Nearest park: Confederation Park (400 m).
Schools nearby
Elementary
- Elgin Street Public School
EQAO: Gr 6 reading 96%, math 84%8 min walk - Centennial Public School
EQAO: Gr 6 reading 79%, math 32%15 min walk - École élémentaire publique Francojeunesse French
EQAO: Gr 6 reading 96%, math 80%1.2 km - Nouvelle école élémentaire catholique au coeur d'Ottawa French
EQAO: Gr 6 reading 100%, math 100%1.4 km
Secondary
- Lisgar Collegiate Institute
EQAO: Gr 9 math 73%, literacy test 91%9 min walk - St. Patrick's Adult School Catholic10 min walk
- Debbie Campbell Learning Academy Private15 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K2P
- Owners / renters
- 19% / 81%
- Median household income
- $66,500
- Average age
- 40
- Children under 15
- 5%
- Homes
- 2% detached, 71% high-rise
- Commute by transit
- 15%
- Population
- 18,825
Languages spoken most at home besides English: Mandarin 1.2%, Spanish 1%, Arabic 0.9%, Yue (Cantonese) 0.4%.
Safety
Crime Severity Index for Ottawa police: 52 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by CDN GLOBAL (OTTAWA) LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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