For Sale

508 RIDEAU Street, Lower Town - Sandy Hill, Ontario K1N 5Z6

$1,795,000

508 RIDEAU Street, Lower Town - Sandy Hill, Ontario K1N 5Z6 is For Sale and has a listing price of 1,795,000. The property is located in the Lower Town - Sandy Hill . It's been on the website for 132 Days.

  • Detached
    Property Type
  • 3
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: X12065807
  • Office Name RIGHT AT HOME REALTY
Property Description

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!

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12065807
  • Price: $1,795,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 99
  • Ref ID: X12065807
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Rideau St. between Augusta St. and Coburg St.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
04/07/2025 X12065792 $1,795,000 For Sale - -
04/07/2025 X12065807 $1,795,000 For Sale - -
11/04/2024 X10411201 $1,795,000 Expired -
07/28/2024 X9516397 $1,795,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lower Town - Sandy Hill
  • $793,705 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 56 Median Days on Market
    based on 1 year
  • List vs. Selling Price 162.98 % Up
  • Sold (12mo) 100
  • Rented (12mo) 128

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    15.85%
  • Commercial
    4.83%
  • Condo
    79.32%
Additional Details
  • Heat Type Water
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: N/A
  • Exterior Brick
  • Kitchen 2
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 2
  • Taxes: $14,384
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 07/04/2025 14:01:27
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