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43-45 Eccles St 11,755 SF 100% Leased Office Building Ottawa, ON K1R 6S3 $2,043,497 USD ($173.84 USD/SF) 7.90% Cap Rate
Executive Summary
Tremendous value in this architecturally stunning, all-brick asset in the heart of one of Ottawa's most dynamic central neighborhood nodes.
43-45 Eccles is a meticulously maintained, fully renovated 2-storey heritage-style building plus finished lower level, featuring soaring ceilings, oversized windows on all sides, secure FOB access, and 11 on-site parking spaces.
A rare bonus: a separate stand-alone retail building with its own entrance that is also connected to the main building-ideal for a range of uses and/or a distinct tenant profile.
The main floor is completely renovated in a modern, "tech-style" layout with glass partitions, meeting rooms/boardroom capability, kitchen/lunch area, washrooms, and a striking mezzanine element with additional office space.
The second level offers an inspiring open concept with high ceilings, huge windows, additional meeting space, washrooms, and kitchenette-perfect for office, studio/creative, wellness, or even congregation-style users.
The stand-alone retail component is versatile, bright, and open with high ceilings, 3 offices, kitchenette, and two fully renovated washrooms.
Flexible acquisition strategy:
1. Vacant possession available for an owner-occupier, or
2. Fully leased scenario would deliver an NOI of $220,550 equating to an approx. 7.9% cap rate at $2.8M (buyer to verify).
Central location between major urban districts with quick access to downtown, transit/LRT, and key commuter routes. A true trophy building with real usability-owner-occupy part (or all) and offset carrying costs, or hold as a stabilized, character-rich investment.?
11,755 SQUARE FEET
11 PARKING
43-45 Eccles is a meticulously maintained, fully renovated 2-storey heritage-style building plus finished lower level, featuring soaring ceilings, oversized windows on all sides, secure FOB access, and 11 on-site parking spaces.
A rare bonus: a separate stand-alone retail building with its own entrance that is also connected to the main building-ideal for a range of uses and/or a distinct tenant profile.
The main floor is completely renovated in a modern, "tech-style" layout with glass partitions, meeting rooms/boardroom capability, kitchen/lunch area, washrooms, and a striking mezzanine element with additional office space.
The second level offers an inspiring open concept with high ceilings, huge windows, additional meeting space, washrooms, and kitchenette-perfect for office, studio/creative, wellness, or even congregation-style users.
The stand-alone retail component is versatile, bright, and open with high ceilings, 3 offices, kitchenette, and two fully renovated washrooms.
Flexible acquisition strategy:
1. Vacant possession available for an owner-occupier, or
2. Fully leased scenario would deliver an NOI of $220,550 equating to an approx. 7.9% cap rate at $2.8M (buyer to verify).
Central location between major urban districts with quick access to downtown, transit/LRT, and key commuter routes. A true trophy building with real usability-owner-occupy part (or all) and offset carrying costs, or hold as a stabilized, character-rich investment.?
11,755 SQUARE FEET
11 PARKING
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
11,755 SF
Building Class
B
Year Built
1917
Price
$2,043,497 USD
Price Per SF
$173.84 USD
Cap Rate
7.90%
NOI
$161,436 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,918 SF
Building FAR
1.08
Lot Size
0.25 AC
Zoning
GM 965) F91.5) H (13.5) - General Mixed-Use Zone
Parking
11 Spaces (0.94 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 1,795 SF
- Retail
- Full Build-Out
- Mar 2026
- 2nd Floor
- 3,775 SF
- Office
- Full Build-Out
- Mar 2026
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,795 SF | Retail | Full Build-Out | Mar 2026 |
| 2nd Floor | 3,775 SF | Office | Full Build-Out | Mar 2026 |
1st Floor
| Size |
| 1,795 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Mar 2026 |
2nd Floor
| Size |
| 3,775 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Mar 2026 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (78)
Bike Score®
Biker's Paradise (94)
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43-45 Eccles St
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