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233 Argyle Avenue

4103 - Ottawa Centre, Ottawa Centre, K2P 1B8

$1,775,000

Reduced $175,000 from $1,950,000

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Listed 55 days ago · MLS® X13716230

About this home

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.

Details

Type
Land
Lot
33 × 171.91 ft
Garage
Outside/Surface
Property tax
$27,153 (2026)
Neighbourhood
4103 - Ottawa Centre
Municipality
Ottawa Centre

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Water and sewer
Sanitary+Storm Available
Utilities
Yes

Building and exterior

Building area
5,653 Square Feet

More

Possession
Immediate
Cross street
Bank Street, Argyle Avenue
Business type
Residential

Price history

DatePriceChange
Sep 11, 2026$1,950,000Listed
Oct 20, 2026$1,775,000−$175,000

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

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

  • 🚇 uOttawa LRT1.2 km
  • 🚇 Parliament LRT1.3 km

Within a 10-minute walk: 8 grocery stores, 122 cafés and restaurants, 16 parks, 12 pharmacies. Nearest grocery: Herb & Spice (400 m). Nearest park: Jack Purcell Park (450 m).

Schools nearby

Elementary

  • Elgin Street Public School
    EQAO: Gr 6 reading 96%, math 84%    8 min walk
  • First Avenue Public School
    EQAO: Gr 6 reading 93%, math 67%    11 min walk
  • Glebe Montessori School Private14 min walk
  • Nouvelle école élémentaire catholique au coeur d'Ottawa French
    EQAO: Gr 6 reading 100%, math 100%    14 min walk

Secondary

  • Glashan Public School4 min walk
  • Reality Check14 min walk
  • Immaculata High School Catholic
    EQAO: Gr 9 math 55%, literacy test 87%    14 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

To downtown Ottawa: 2 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417200 m

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 AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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