17 Springfield Rd, Ottawa, K1M 1C8

Listing Overview

Description

Positioned in the heart of Ottawa's sought-after New Edinburgh / Lindenlea corridor, just steps to the vibrant shops, cafés, and steady foot traffic of Beechwood Avenue, this updated mixed-use building presents a compelling investment opportunity with excellent visibility. Zoned TM8 (Traditional Mainstreet), the property permits mixed-use development with both commercial and residential components- offering flexibility in a high-demand urban setting. The main level features a beautifully renovated commercial space, currently used as an office - thoughtfully designed with a welcoming client meeting area complete with fireplace, a functional kitchenette, two powder rooms, and two well-proportioned shared office spaces-well-suited for professional services or boutique business use.Above, a bright and updated 1-bedroom apartment offers a modern kitchen, 3-piece bath, and in-unit laundry, currently rented at $2,000/month. The lower-level apartment, also with laundry, provides additional income at $725/month. Both residential units are tenanted, delivering immediate and stable cash flow.Rear on-site parking adds convenience for both commercial and residential occupants. With its prime location, strong street presence, and flexible TM8 zoning, this is an exceptional opportunity to secure a strategic asset in one of Ottawa's most desirable and walkable neighbourhoods.

16 days

On Market

Commercial/Retail

Property Type

$16,093 / Year

Est. Taxes

Multi-Use

Style

-

Business Type

-

Franchise