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508 RIDEAU STREET, Ottawa, Ontario, K1N 5Z6

MLS® # 1419249
Commercial For Sale In Lowertown, Ottawa, Ontario
$1,795,000
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
508 Rideau Street, Ottawa, ON
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ACTIVE
508 RIDEAU STREET, Ottawa, Ontario, K1N 5Z6
$1,795,000

Property Information:

Mixed commercial/residential freehold property on bustling Rideau Street, near University of Ottawa and various condo developments. The main floor is currently setup as a Chinese restaurant with a fully equipped kitchen and spare natural gas lines for additional gas equipments, complete with a customer seating area and bathroom. The full basement is ideal for storage and includes a 2-piece bathroom and utility rooms. Upstairs is the residential portion where you'll find 3 bedrooms, including one with an ensuite bathroom. Private driveway with up to 4 parking spots at the rear. Come check out this fantastic opportunity for investment or development! (id:27)

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Built in: 1930
  • Irregular: Yes
  • Lot Depth: 99.0 Feet
  • Lot Frontage: 32.3 Feet
  • Lot Size: 32.31 ft X 99 ft
  • Zoning: TM6[158]F(3.0)H(19)
  • No. of Parking Spaces: 4

Courtesy of: RIGHT AT HOME REALTY

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 508 RIDEAU STREET, Ottawa, Ontario, K1N 5Z6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 508 RIDEAU STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 508 RIDEAU STREET , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
409.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 508 RIDEAU STREET, Ottawa, Ontario, K1N 5Z6

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$102,340.38

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.47 %

High school certificate or equivalent

25.07 %

Apprenticeship trade certificate/diploma

2.9 %

College/non-university certificate

14.1 %

University certificate (below bachelor)

2.06 %

University Degree

46.4 %

Commuter

Travel To Work

By Car

40.34 %

By Public Transit

21.56 %

By Walking

28.73 %

By Bicycle

3.27 %

By Other Methods

6.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.62 %

Houses

14.38 %

Own Vs. Rent

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