275 Bay Street Ottawa, Ontario K1R 5Z5

$2,900,000

Situated in the heart of Ottawa's vibrant core, 275 Bay Street presents a rare opportunity to acquire a meticulously maintained, high-performing property steps from Parliament Hill, the future LeBreton Flats development, and the city's central business district. This multi-use gem features a versatile layout spanning three levels, ideal for a combination of office, boutique commercial, or residential conversion. Each floor offers efficient open-concept spaces with exceptional natural light, high ceilings, and quality finishes throughout ready to support a variety of high-value uses. The property boasts rare, secure onsite parking, a major asset in this high-demand downtown location. Excellent frontage on Bay Street ensures strong visibility and accessibility, while the surrounding streets are lined with government buildings, law firms, tech companies, and upscale residential towers. With Zoning R5B[482]H(37), the property allows for multiple uses or redevelopment potential, making this an exceptional opportunity for owner-occupiers, investors, or developers alike. Key Features: Strategic downtown location walking distance to Parliament Hill, LRT, LeBreton Flats redevelopment, Sparks Street, and Bank Street retail. Rare on-site parking in Ottawa's core (16+ spaces) 3-level flexible layout with potential for owner-occupancy, leasing, or future redevelopment. Modernized systems and excellent upkeep including a new roof this property is turnkey condition. Strong growth potential in one of Ottawa's fastest-developing corridors. Whether you're expanding your portfolio or looking for a signature downtown address, 275 Bay Street delivers unmatched value in Ottawa's most dynamic and walkable neighbourhood. Book your private tour today to explore this rare downtown offering. (id:44758)

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https://www.realtor.ca/real-estate/28473527/275-bay-street-ottawa-4102-ottawa-centre