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Commercial Property in Ottawa
About 170 Metcalfe Street
Prime asset sale of a turn-key restaurant space in heart of Centretown. Continue existing franchise restaurant or bring your own concept. Located on a premier high-visibility corner with exceptional exposure, and high foot and vehicle traffic. The unit is 1,375 sq. ft. with a flexible, open layout ideal for a range of concepts from quick-service to casual dining. The dining area is bright and inviting, supporting comfortable dine-in and grab-and-go experiences. Benefit from the modern, high-end restaurant fit-up and equipment for a fraction of the cost of building yourself. This location offers significant growth potential as Centretown's office occupancy rebounds and the daytime population expands. Existing lease to be assumed by Buyer, subject to Landlord approval. Semi-Gross rent $6,846.74 per month plus HST, plus hydro. Schedule all showings through the listing agent; please do not approach staff with inquiries.
Ottawa business priced at $129,000 — book a tour to see if it fits your search.
Inside 170 Metcalfe St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
1375
Listing & possession
Property class
Sale Of Business
170 Metcalfe St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings229Homes for sale here right now.
Median vs prior 90 days−3.1%Compared with May 18 – Aug 16, 2026: prices down.
Based on 120 sales from Aug 16 – Nov 14, 2026 (126 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
170 Metcalfe St is listed at $129,000 (MLS® X13803396). Summitly updates the price as soon as the MLS® record changes.
Has the price of 170 Metcalfe St changed?
Yes — it was first listed at $199,000 and is now $129,000, a drop of $70,000 (35.2%).
How many bedrooms and bathrooms does 170 Metcalfe St have?
The listing for 170 Metcalfe St doesn't publish its bedroom and bathroom count. It is a commercial property in Ottawa.
Is 170 Metcalfe St close to transit?
The nearest rapid-transit station is Parliament Station (O-Train Line 1), about 440 m (about a 6-minute walk) in a straight line. Lyon Station is about 790 m (about a 10-minute walk), and Rideau Station is about 840 m (about a 11-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 170 Metcalfe St compare with other homes in Ottawa?
Its asking price of $129,000 is about 70% below the median sold price in Ottawa over the last 90 days, $430,000, across 120 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 170 Metcalfe St been sold before?
Summitly has no earlier MLS® sale or lease of 170 Metcalfe St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 170 Metcalfe St?
170 Metcalfe St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 170 Metcalfe St been on the market?
58 days — 170 Metcalfe St was listed on September 17, 2026.
What is the land transfer tax on 170 Metcalfe St?
About $1,015 in Ontario land transfer tax at the asking price of $129,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 170 Metcalfe St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 170 Metcalfe St?
The listing for 170 Metcalfe St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Ottawa.
When was 170 Metcalfe St built?
The listing for 170 Metcalfe St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.