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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Lower Town - Sandy Hill
About 507 Rideau Street
This attractive commercial unit, known as Parkside Mews, was constructed by Domicile Dev Inc in 1998. It is located in the sought-after and evolving area of Ottawa, Rideau St. The main floor features a two-piece washroom, mezzanine, and basement area totaling just over 900 square feet of usable space. The basement includes an office area and mechanical room. Additionally, the unit comes with 1 outdoor parking space at the rear of the building. The permitted usage is traditional main street, allowing for a wide range of commercial businesses or offices. Whether you're looking to relocate, start a new business, or downsize, now is the perfect opportunity. Association fees of $950 per year cover parking and snow removal, while utilities are the responsibility of the tenant. Real estate tax is included in the rent. Don't miss this opportunity!
Lower Town - Sandy Hill retail priced at $2,615 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 507 Rideau St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
507 Rideau St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13876362$2,615
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 507 Rideau St Compares to the Lower Town - Sandy Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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 PropTx, 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.
Keep looking near 507 Rideau St
Market pulse · Lower Town - Sandy Hill
Median sold price$532,500Last 90 days
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.7%On average, homes sold below asking.
Active listings217Homes for sale here right now.
Median vs prior 90 days+24.9%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 78 sales from Jul 10 – Oct 8, 2026 (70 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
507 Rideau St is listed at $2,615 (MLS® X13876362). Summitly updates the price as soon as the MLS® record changes.
Has the price of 507 Rideau St changed?
No — 507 Rideau St is still listed at its original asking price of $2,615.
How many bedrooms and bathrooms does 507 Rideau St have?
The listing for 507 Rideau St doesn't publish its bedroom and bathroom count. It is a commercial property in Lower Town - Sandy Hill.
Is 507 Rideau St close to transit?
The nearest rapid-transit station is Rideau Station (O-Train Line 1), about 1.2 km (about a 15-minute walk) in a straight line. UOttawa Station is about 1.3 km (about a 16-minute walk), and Lees Station is about 1.8 km (about a 23-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 507 Rideau St compare with other homes in Lower Town - Sandy Hill?
Its asking price of $2,615 is about 100% below the median sold price in Lower Town - Sandy Hill over the last 90 days, $532,500, across 78 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 507 Rideau St been sold before?
Summitly has no earlier MLS® sale or lease of 507 Rideau St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 507 Rideau St?
507 Rideau St is in Lower Town - Sandy Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 507 Rideau St been on the market?
507 Rideau St was listed today (October 8, 2026).
What is the land transfer tax on 507 Rideau St?
About $13 in Ontario land transfer tax at the asking price of $2,615. 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 507 Rideau 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 507 Rideau St?
The listing for 507 Rideau St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Lower Town - Sandy Hill.
When was 507 Rideau St built?
The listing for 507 Rideau St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
