166-168 Main Street is one of the last prime infill opportunities in Old Ottawa East, offering exceptional redevelopment potential in a rapidly growing urban corridor. The property features two large three-bedroom units on a 5,737 sq. ft. lot, creating a strong foundation for future value and long-term growth. It also offers the flexibility to owner-occupy one unit while renting out the other, making it appealing to both investors and end users seeking income support. The site's flexible zoning allows for a wide range of uses including residential, commercial, office, retail and mixed-use development, giving builders and investors the ability to design a project tailored to modern demand. Steps from the Rideau River, the Rideau Canal and a vibrant mix of neighbourhood amenities, the location provides exceptional walkability and connectivity. With strong rental appeal, increasing densification along Main Street and very limited available land, this address stands out as a rare chance to secure a premier site in one of Ottawa's most desirable neighbourhoods.
| MLS # | X12826684 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 175 |
| Listing Provided By | RE/MAX ABSOLUTE WALKER REALTY | X12826684 502100 |
| SQ Feet | 2,884 |
|---|---|
| Acreage | 0.07 |
| Cooling | No |
|---|
| Security Features | No |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 9337 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 1, BLK A, PL 102 , AS IN CR619437 ; OTTAWA/NEPEAN |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Glebe - Ottawa East and Area |
| Postal Code | K1S 1C2 |
| Area | 4406 Ottawa East |
| Listing VS Median (in K1S 1C2) | |
Price: $1,350,000 low | high Med: $2,425,000 sqft: 2,884 low | high Med: 3,979 $ / sqft: $468 low | high Med: $579 On site: 175 low | high Med: 128 | |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Glebe - Ottawa East and Area |
| Postal Code | K1S 1C2 |
| Area | 4406 Ottawa East |
| Listing VS Median (in K1S 1C2) | |
Price: $1,350,000 low | high Med: $2,425,000 sqft: 2,884 low | high Med: 3,979 $ / sqft: $468 low | high Med: $579 On site: 175 low | high Med: 128 | |