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178 Main Street, Ottawa, ON 50 photos

$3,500,000

Active
178 Main Street, Ottawa, ON· Ottawa East
4
Bedrooms
4
Bathrooms
3500-5000
Sq Ft

About this Property

Unique opportunity for residential and commercial ownership in Old Ottawa East. 178 Main Street offers three self-contained units: a two-level 3-bed, 3-bath residence (Unit B), a one-bedroom apartment (Unit C), and a spacious commercial unit (Unit A), currently leased by Vespa Wine Bar. Unit B spans approx. 2,805 sq. ft. across two levels with multiple balconies and a large west-facing cedar terrace. The main floor features two living areas, a gourmet kitchen with a statement island and high-end appliances, a full bath with laundry, plus massive windows which lead to an expansive terrace with retractable awning, outdoor kitchen, hot tub, wet bar, and sink. Upstairs includes three bedrooms, including a primary suite with walk-in closet, spa-inspired ensuite, and private balcony, plus a full additional bath. Unit C is a bright open-concept apartment with a gas fireplace, built-in bedroom closet, and den ideal for a home office. The kitchen includes stainless steel appliances, ample counter space, and a peninsula with seating, along with in-floor heating in the kitchen and bath, in-unit laundry, a private deck, and heat pump heating and cooling. Unit A offers prime commercial space suited to retail, restaurant, or professional use, with high ceilings, garage-style front, patio potential, separate HVAC and utilities, and lower-level space. Extensive soundproofing has been added to Unit A, along with a stone wall separating it from Unit C. All units have been previously rented, offering strong income potential. Don't miss this exceptional opportunity in one of Ottawa's most sought-after neighbourhoods.

Listed by ENGEL & VOLKERS OTTAWA · MLS# X13083828

Features & Details

Property details of 178 Main Street, Ottawa, ON

Property TypeOther
Style3-Storey
Size3500-5000 sq ft

Mortgage Calculator

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%
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Mortgage Payment$17,194/monthly
Principal54%
Interest46%
Principal Amount$2,800,000
Interest$2,358,335
Total Payable$5,158,335
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$17,194
Mortgage + Expenses$17,194
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$
$
$
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Monthly Cash Flow-$17,194

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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