Dows Lake - Civic Hospital and Area, ON · · MLS® X14107520Updated
$2,899,900
59 Champagne Ave S is a business in Dows Lake - Civic Hospital and Area, listed for $2,899,900.
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A beloved Ottawa landmark. An exceptional opportunity to own a piece of the city's history.For generations, Di Rienzo's Grocery & Deli has been a cherished neighbourhood staple, known for its authentic Italian sandwiches, specialty groceries, and loyal customer following. More than just a business, Di Rienzo's has become part of Ottawa's culinary identity, attracting generations of customers who return for the quality, tradition, and familiar experience.Now, a rare opportunity presents itself to acquire both this established business and the real estate it calls home.Situated on a prominent corner lot in the heart of Little Italy, just steps from Preston Street, the property occupies approximately 4,499 sq. ft. of land with approximately 45.7 feet of frontage and 98.5 feet of depth. The property is currently improved with a mixed-use building featuring commercial space and residential accommodations, offering an attractive combination of business ownership and real estate investment.The sale presents a unique opportunity for an entrepreneur, investor, or established operator to carry forward the legacy of one of Ottawa's most recognizable independent food establishments while securing ownership of the underlying property.
Dows Lake - Civic Hospital and Area business priced at $2,899,900 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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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.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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From 59 Champagne Ave S. Typical times without traffic delays; transit times aren't available yet.
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Listing brokerage: ROYAL LEPAGE TEAM REALTY, BrokerageMLS® X14107520 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Dows Lake - Civic Hospital and Area around $2.9M.
Based on 57 sales from Jul 24 – Oct 22, 2026 (37 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
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Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
59 Champagne Ave S is listed at $2,899,900 (MLS® X14107520). Summitly updates the price as soon as the MLS® record changes.
No — 59 Champagne Ave S is still listed at its original asking price of $2,899,900.
The listing for 59 Champagne Ave S doesn't publish its bedroom and bathroom count. It is a commercial property in Dows Lake - Civic Hospital and Area.
The nearest rapid-transit station is Dow's Lake Station (O-Train Line 2), about 360 m (about a 5-minute walk) in a straight line. Corso Italia Station is about 470 m (about a 6-minute walk), and Bayview Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $2,899,900 is about 339% above the median sold price in Dows Lake - Civic Hospital and Area over the last 90 days, $660,000, across 57 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.
Summitly has no earlier MLS® sale or lease of 59 Champagne Ave S on record from the last two years. Older records aren't shown under TRREB rules.
59 Champagne Ave S is in Dows Lake - Civic Hospital and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
1 day — 59 Champagne Ave S was listed on October 21, 2026.
About $58,973 in Ontario land transfer tax at the asking price of $2,899,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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The listing for 59 Champagne Ave S doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Dows Lake - Civic Hospital and Area.
The listing for 59 Champagne Ave S doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
