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Commercial Retail

499 Sussex Drive, Lower Town - Sandy Hill, ON K1N 5P44001 - Lower Town/Byward Market

Listing Overview

MLS ID:X12850912
Status:New
Type:Commercial / Commercial Retail
Taxes:$14.23 / yr (2026)
Days on Market:34
Listed:2026-03-05
Last Updated:Mar 5, 2026
Cross Street:Sussex Dr & York St
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Open

Outdoor / Lot

Lot Size:× 204.03ft

Parking

Garage Type:None

Description

Prime restaurant opportunity in the heart of Ottawa's ByWard Market at 499 Sussex Drive, a prominent corner location with exceptional visibility along Sussex Drive and York Street. Available immediately, this multi-level restaurant premises must be leased together (not demisable) and totals 4,531 SF, comprised of: Ground Floor (1,483 SF) at $45.00 PSF NNN; Second Floor (1,584 SF) at $25.00 PSF NNN; and Basement (1,464 SF) at $8.00 PSF GROSS. 2026 additional rent is estimated at $14.23 PSF. Steps to the Rideau Centre, National Gallery, Rideau Canal, and Parliament Hill, and one block from the upcoming Live Nation event centre, benefitting from strong pedestrian traffic and nearby parking. Former restaurant equipment can be made available for sale.

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