189 Lyon Street, Ottawa Centre, ON

$249,000
MLS#:X13683578
Thinking of selling in Ottawa Centre?Your House Sold Guaranteed* →
0 beds
5 baths
Commercial
Commercial for sale - 0 Bed, 5 Bath Home at 189 Lyon Street Ottawa Centre ON listed at $249,000 (MLS# X13683578) - Main View
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This property was sold on October 9, 2026. Listing is for reference only.
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Added:Aug 17, 2026(74 days ago)
Updated:Oct 9, 2026(21 days ago)
Last Checked:14 minutes ago

Property Highlights

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Welcome to this remarkable sale of business located in the coveted neighborhood of Ottawa Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,000 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
  • Convenient outside/surface garage included
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

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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 4,868 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 $12,000 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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Property Summary

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This sale of business located at 189 Lyon Street, Ottawa Centre is currently for sale and has been available for 74 days. This property is listed at $249,000 with an estimated mortgage of $829* per month. It has 0 beds, 5 bathrooms, and is unknown square feet. 189 Lyon Street, Ottawa Centre is in the Ottawa Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ottawa Centre, Ottawa Centre.

Great for Small Household / Couples
What We Love About This Home
  • •5 well-appointed bathrooms
  • •Desirable Sale Of Business architecture in Ottawa Centre, Ottawa Centre
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

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Bathrooms
5
Property Type
Commercial

Additional Details

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StatusActive
Sold price information is available to members only
AddedAug 17, 2026 (74 days ago)
UpdatedOct 9, 2026 (21 days ago)
Last Checked14 minutes ago
Transaction TypeFor Sale
List Office NameROYAL LEPAGE SIGNATURE REALTY

Property Details

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Property Sub-TypeSale Of Business
Lot Size263.36 Ă— 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

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Parking Space2
Garage TypeOutside/Surface

Heating & Cooling

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Heat TypeGas Forced Air Closed
CoolingYes

Features

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Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Ottawa Centre Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Ottawa Centre?

This property at 189 Lyon Street, Ottawa Centre, ON has closed. If you own a home on this street or nearby in Ottawa Centre, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 189 Lyon Street, Ottawa Centre, ON

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Q.What is the asking price for 189 Lyon Street, Ottawa Centre, ON ?

The current listing price for 189 Lyon Street, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $249,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 5 bathrooms.

Q.What property type and architectural style is 189 Lyon Street, Ottawa Centre, ON ?

189 Lyon Street, Ottawa Centre, ON is a Sale Of Business () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

Location

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189 Lyon Street, Ottawa Centre, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Ottawa Centre, Ottawa Centre

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

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

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Ottawa Centre, Ottawa Centre Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$821,564

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Ottawa Centre, Ottawa Centre

Elementary Schools

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Secondary Schools

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Ottawa Centre, Ottawa Centre Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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