499 Sussex Drive

About this home

Prime restaurant opportunity in the heart of Ottawa's ByWard Market at 499 Sussex Drive, a prominent corner location with exceptional visibility along Sussex Drive and York Street. Available immediately, this multi-level restaurant premises must be leased together (not demisable) and totals 4,531 SF, comprised of: Ground Floor (1,483 SF) at $45.00 PSF NNN; Second Floor (1,584 SF) at $25.00 PSF NNN; and Basement (1,464 SF) at $8.00 PSF GROSS. 2026 additional rent is estimated at $14.23 PSF. Steps to the Rideau Centre, National Gallery, Rideau Canal, and Parliament Hill, and one block from the upcoming Live Nation event centre, benefitting from strong pedestrian traffic and nearby parking. Former restaurant equipment can be made available for sale. Tenants are responsible for arranging their own garbage pickup.

Details

Type

Commercial Retail

Lot

203.11 × 204.03 ft

Garage

None

Property tax

$14 (2026)

Neighbourhood

4001 - Lower Town/Byward Market

Municipality

Lower Town - Sandy Hill

Heating, cooling and services

Heating

Gas Forced Air Open

Utilities

Available

Building and exterior

Building area

4,531 Square Feet

Rental terms

Minimum term

60 months

More

Possession

Immediate

Cross street

Sussex Dr & York St