189 Lyon Street, Ottawa Centre, ON

$499,000
MLS#:X13014126
0 beds
5 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] sale of business located in the coveted neighborhood of 4101 - Ottawa Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 5 Bathrooms
  • Premium 263.36 x 424.25 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient outside/surface garage included
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

A rare opportunity to acquire a fully built-out, high-end restaurant in the heart of downtown Ottawa. Just steps from Parliament Hill, major hotels, and thousands of office workers, this location sits on a busy corner with excellent visibility. Guests can enter directly from thestreet or through the prestigious Minto One80Five building, ensuring a steady mix of locals,business professionals, and tourists year-round. The restaurant offers 5,500 sq. ft. of beautifully designed space with multiple dining rooms and a huge production kitchen capable of handling high-volume service. Licensed for 185 guests inside plus 60 more on a gorgeous elevated patio, the layout is ideal for lunch crowds, business dinners, private events, and evening service. The design provides flexibility for both intimate dining and larger gatherings. With an outstanding gross lease of only $6,000 per month (including TMI) and 4 + 5+ 5 years remaining, the economics are hard to beat. The business is available turnkey but also presents an excellent opportunity for rebranding into a new concept, cuisine, or franchise.Please do not go direct or speak to staff or ownership.

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Key Features

Bathrooms
5
Property Type
Commercial

Additional Details

StatusActive
Listed Date4/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size263.36 × 424.25 Feet
CountyOttawa
Annual Tax$0
Legal DescriptionPCL 18-8, SEC 3922 ; PT LTS 18, 19, 20, 21, 22, 23 & 24, PL 3922 , PART 2 & 3 , 4R7242 , N/S OF LAURIER AV (RDAL BTN CON C & D RF) S/T & T/W NS224437 (LT389382) ; OTTAWA/NEPEAN

Parking & Garage

Garage Spaces2
Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Yes"]

Features

Property Features

Community Features

Location

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189 Lyon Street, Ottawa Centre, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 189 Lyon Street N, Ottawa Centre, ON K1R 5C1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$2,669

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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No current listings found in Ottawa Centre.