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973 Montreal Rd 1,852 SF 100% Leased Retail Building Ottawa, ON K1K 0S6 For Sale

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Investment Highlights

Immediate holding income while positioning a buyer for future repositioning or redevelopment

Ideally located near major shopping, **Montfort Hospital**, transit, and surrounding amenities

Executive Summary

This property presents a strong mixed-use investment and redevelopment opportunity along Montreal Road. Currently with a retail building occupied by **two established restaurant tenants**, the site offers immediate holding income while positioning a buyer for future repositioning or redevelopment. With **AM10[2199] zoning**, the property allows for a broad range of permitted uses including **medical/healthcare, retail, service commercial, office, and residential development**, making it particularly well-suited for a **medical/dental office building, mixed-use redevelopment, or long-term residential intensification play**. Ideally located near major shopping, **Montfort Hospital**, transit, and surrounding amenities, the site benefits from strong accessibility and continued area growth. Adding to its upside, neighboring developments are already moving forward with higher-density proposals, reinforcing the long-term development potential of this corridor.