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118 Sparks St 65,041 SF 100% Leased Office Building Ottawa, ON K1P 6L8 For Sale
INVESTMENT HIGHLIGHTS
- Located in Ottawa’s core within the prestigious Parliamentary Precinct
- High-quality office space on the upper 4 floors
- Retail space on the first two floors with entrances on Sparks street and Queen Street
- Currently fully leased to Scotiabank, with 42% of office space available after Dec 31, 2025
EXECUTIVE SUMMARY
118 Sparks Street is a prestigious, high-profile building located in the heart of Ottawa’s Parliamentary Precinct, offering approximately 65,000 square feet of space. The property features retail space on the first two floors with entrances on both Sparks Street and Queen Street, providing excellent visibility and foot traffic. The upper four floors consist of high-quality office space, currently fully leased to Scotiabank. After December 31, 2025, 42% of the office space will be available, presenting a unique opportunity for owner-users or investors. This property is a rare chance to own an upgraded, well-located building anchored by a AAA national tenant, with significant future potential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
65,041 SF
Building Class
B
Year Built/Renovated
1985/2018
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
10,840 SF
Slab To Slab
10’
Building FAR
4.98
Lot Size
0.30 AC
Zoning
MD S27 - Mixed-Use Downtown Zones
AMENITIES
- Bus Line
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (93)
Bike Score®
Biker's Paradise (92)
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VIDEOS
MATTERPORT 3D EXTERIOR
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PHOTOS
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118 Sparks St
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