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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 85 days

    56 Byward Market Square

    Lower Town/Byward Market·Ottawa, ON·K1N 7A2·Near Byward Market Square and George Street

    • 4360 sqft
    Ottawa real estate›X13021280
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Landmark 3-storey building in the heart of Ottawa's iconic ByWard Market. Ideally positioned in one of the city's highest foot-traffic corridors, surrounded by retail, dining, and nightlife. Currently tenanted, the building offers a versatile layout with a heritage character making this a prime opportunity for investors or hospitality operators in one of Ottawa's most sought-after commercial districts.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Landmark 3-storey building in the heart of Ottawa's iconic ByWard Market.
    Ask Zara a follow-up
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Apr 20, 2026ListedCurrentFor sale$1,750,000 —X13021280This page
    Jan 5, 2026Previously listedTer$1,799,999 —X12664064View
    Sep 25, 2025Previously listedTer$1,999,000 —X12426641View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 56 Byward Market Square
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $8,597
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $973
    0.67% mill rate · ON
    The market

    How this home sits in the Ottawa market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ottawa market right now

    Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.

    • Avg sold price
      $724,297
      Last 30 days
    • Median sold price
      $648,201
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      3,098
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 56 Byward Market Square — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 56 Byward Market Square and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 56 Byward Market Square listed for?

      56 Byward Market Square is listed at $1,750,000 on the MLS® (listing X13021280). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 56 Byward Market Square have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Commercial Retail
  2. Built 51-99
  3. Asking
    $1,750,000
    $401 / sqft · MLS® X13021280
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $724,297
    $666,353Confidence range$782,241
    Asking vs estimate
    ↑↑well-above
    +$1,025,703
    (+141.6%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Ottawa sell in about 30 days — this one has been listed 85 days.

    Avg sold price
    $724,297
    Median sold
    $648,201
    Avg days on market
    30
    Recently sold
    3098
    See comparable sales

    Parking & garage

    1
    Garage
    None
  5. Lot & land

    2
    Year built
    51-99
    Zoning
    MD2S73, Unassigned
  6. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    Retail
    Property class
    Commercial Retail
  7. Combined estimate
    $9,570
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $8,597
    /mo
    based on the purchase price of $1,750,000
    $350,000 cash
    $1,400,000 financed
    $1,179,167 total interest
    Monthly payment$8,597/ month
    Principal54%$1,400,000
    Interest46%$1,179,167

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More commercial retails in Ottawa

    Active listings within ±20% of this asking price.

    • 245 Bay Street
      $1,776,000
      245 Bay Street
      Commercial Retail
    • 843-839 Somerset Street
      $1,900,000
      843-839 Somerset Street
      Commercial Retail
    • 200 Metcalfe Street
      $1,700,000
      200 Metcalfe Street
      Commercial Retail
    • 973 MONTREAL Road
      $1,900,000
      973 MONTREAL Road
      Commercial Retail
    • 827 SOMERSET Street
      $1,490,000
      827 SOMERSET Street
      Commercial Retail
    • 140 Hinchey Avenue
      $1,975,000
      140 Hinchey Avenue
      Commercial Retail
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  8. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  9. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  10. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  11. Public listing courtesy of QUBE PROPERTIES LTD · displayed on Summitly per MLS® data-share rules

    56 Byward Market Square is a 4360 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. When was 56 Byward Market Square built?

    56 Byward Market Square was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  13. What is the property tax for 56 Byward Market Square?

    The 'Property tax' tab in the History section shows the most recent annual tax for 56 Byward Market Square plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  14. How much would the monthly mortgage be on 56 Byward Market Square?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,750,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. Has 56 Byward Market Square been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 56 Byward Market Square with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  16. What neighbourhood is 56 Byward Market Square in?

    56 Byward Market Square is in Lower Town/Byward Market, Ottawa. The 'Neighbourhood' section below links to the live Ottawa real estate hub with average sold price, days on market, and current inventory.

  17. Is Ottawa a good place to live?

    Ottawa is one of ON's actively-tracked Summitly markets. The full Ottawa real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.