973 Montreal Road, Ottawa
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. (id:1945)
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Property details for 973 Montreal Road, Ottawa
- Type
- Commercial
- Living Area
- 2,000 square feet
- Lot Size
- 154.34 x 111 FT ; 1
- Heating
- Forced air, Natural gas
- Cooling
- None
- Annual Taxes
- $28,000
Nearby Listings Stat
Estimated price and comparable properties near 973 Montreal Road
Active Listings
259
Min Price
$100
Max Price
$3,800,000
Avg Price
$592,946
Days on Market
58
days
Sold Listings
96
Min Sold Price
$199,900
Max Sold Price
$3,250,000
Avg Sold Price
$624,837
Days until Sold
73
days
Price History
Listed
May 15, 2026
by EXP REALTY
Current Price
$1,900,000
+13.4% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,900,000 | +$225,000 (+13.4%) |
| May 15, 2026 | $1,675,000 | Listed |