499 Sussex Drive, Lower Town - Sandy Hill, ON K1N 5P4
4001 - Lower Town/Byward Market, Lower Town - Sandy Hill · Near Sussex Dr & York St · View map
About this home
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. Tenants are responsible for arranging their own garbage pickup.
The home
- Type
- Commercial retail
- Square footage
- 4531 sq ft
- Lot size
- 203.1 x 204 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $14/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Sussex Dr & York St
- Neighbourhood
- 4001 - Lower Town/Byward Market
More
- MLS® number
- X12850912
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
499 Sussex Drive, Lower Town - Sandy Hill, ON K1N 5P4
4001 - Lower Town/Byward Market, Lower Town - Sandy Hill · Near Sussex Dr & York St
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Listing history for 499 Sussex Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 499 Sussex Drive
Answers come straight from this home’s MLS® listing.
Is 499 Sussex Drive freehold or a condo, and is there a monthly fee?
499 Sussex Drive is a commercial retail in 4001 - Lower Town/Byward Market, Lower Town - Sandy Hill. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 499 Sussex Drive have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 499 Sussex Drive?
499 Sussex Drive is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 499 Sussex Drive, and what is the lot size?
The lot is listed as 203.1 x 204 ft.
How is 499 Sussex Drive heated and cooled?
Heating is gas forced air open. The listing does not show air conditioning.
What are the property taxes for 499 Sussex Drive?
Property taxes are $14 a year (2026), or about $1 a month.
Where is 499 Sussex Drive?
499 Sussex Drive is in the 4001 - Lower Town/Byward Market community of Lower Town - Sandy Hill. The nearest main intersection is Sussex Dr & York St. The postal code is K1N 5P4.
Is 499 Sussex Drive still for sale?
Yes. It is an active listing (MLS® X12850912). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 499 Sussex Drive asking?
Similar properties for sale nearby right now include 107 Murray Street at $32, 171 Dalhousie Street at $2,970 and 173 Dalhousie Street at $3,010. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 499 Sussex Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 499 Sussex Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4001 - Lower Town/Byward Market, picked by style, size and price.
Commercial retail$32107 Murray Street, Lower Town - Sandy Hill4001 - Lower Town/Byward MarketCourtesy of: MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICESView home →
Office$2,970171 Dalhousie Street, Lower Town - Sandy Hill4001 - Lower Town/Byward MarketCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Office$3,010173 Dalhousie Street, Lower Town - Sandy Hill4001 - Lower Town/Byward MarketCourtesy of: ROYAL LEPAGE TEAM REALTYView home →Courtesy of: MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.