505 O'Connor St, Ottawa, K1S 1Y8

Listing Overview

Description

Rare opportunity in the heart of the Glebe! Located on a quiet, tree-lined street at the corner of O'Connor Street and Monkland Avenue, this versatile property is ideal for a medical practice with residential income above. The ground floor offers approximately 1,800 sq ft and is currently fitted for a doctor's office, with excellent visibility and accessibility. Potential to convert into rental apartments instead if the next owner chooses. The second floor features a spacious 1,800 sq ft three-bedroom, one-bathroom apartment, while the third floor includes a two-bedroom apartment of approximately 800 sq ft. The unfinished basement provides generous storage, including two dedicated storage lockers for current residential tenants. Ample street parking available but also a dedicated garage and two driveway spots. Set in a spectacular Glebe location, this property is steps from Bank Street's shops, cafes, and restaurants, and just a short walk to Lansdowne Park. A rare opportunity to combine professional space, residential living, and long-term investment in one of Ottawa's most sought-after neighbourhoods.

29 days

On Market

Investment

Property Type

$28,628 / Year

Est. Taxes

Apartment

Style

Apts-2 To 5 Units

Business Type

-

Franchise