499 Sussex Drive Lower Town - Sandy Hill ON

📍 Lower Town - Sandy Hill, Ontario K1N 5P4

Price on Request

Active
203.11×204.03LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12850912
ListedMar 5, 2026
Days on Market—
Property TypeCommercial
StyleCommercial Retail
Cross StreetSussex Dr & York St

📝 Listing Description

Prime restaurant opportunity in the heart of Ottawa's ByWard Market at 499 Sussex Drive, a prominent corner location with exceptional visibility along Sussex Drive and York Street. Available immediately, this multi-level restaurant premises must be leased together (not demisable) and totals 4,531 SF, comprised of: Ground Floor (1,483 SF) at $45.00 PSF NNN; Second Floor (1,584 SF) at $25.00 PSF NNN; and Basement (1,464 SF) at $8.00 PSF GROSS. 2026 additional rent is estimated at $14.23 PSF. Steps to the Rideau Centre, National Gallery, Rideau Canal, and Parliament Hill, and one block from the upcoming Live Nation event centre, benefitting from strong pedestrian traffic and nearby parking. Former restaurant equipment can be made available for sale. Also available is a 2,000 SF office space for lease at $4,000 per month, inclusive of all costs except HST. Tenants are responsible for arranging their own garbage pickup.

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail

📐 Lot & Land

Lot Width203.11 ft
Lot Depth204.03 ft
Cross StreetSussex Dr & York St

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingNo
GarageNone

💰 Financial

List PricePrice on Request
Annual Taxes$14.23 (2026)

🧮 Mortgage Calculator

$0
Est. Monthly Payment
$0/mo
Principal: $0 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12850912 · Last updated: Jul 14, 2026

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