59 Champagne Avenue S, Dows Lake - Civic Hospital and Area, ON K1S 4P1
4502 - West Centre Town, Dows Lake - Civic Hospital and Area · Near Champagne Avenue and Beech Street. · View map
About this home
A beloved Ottawa landmark. An exceptional opportunity to own a piece of the city's history.For generations, Di Rienzo's Grocery & Deli has been a cherished neighbourhood staple, known for its authentic Italian sandwiches, specialty groceries, and loyal customer following. More than just a business, Di Rienzo's has become part of Ottawa's culinary identity, attracting generations of customers who return for the quality, tradition, and familiar experience.Now, a rare opportunity presents itself to acquire both this established business and the real estate it calls home.Situated on a prominent corner lot in the heart of Little Italy, just steps from Preston Street, the property occupies approximately 4,499 sq. ft. of land with approximately 45.7 feet of frontage and 98.5 feet of depth. The property is currently improved with a mixed-use building featuring commercial space and residential accommodations, offering an attractive combination of business ownership and real estate investment.The sale presents a unique opportunity for an entrepreneur, investor, or established operator to carry forward the legacy of one of Ottawa's most recognizable independent food establishments while securing ownership of the underlying property.
The home
- Type
- Sale of business
- Lot size
- 45.8 x 99 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $11,371/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Champagne Avenue and Beech Street.
- Neighbourhood
- 4502 - West Centre Town
More
- MLS® number
- X14107520
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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.
59 Champagne Avenue, Dows Lake - Civic Hospital and Area, ON K1S 4P1
4502 - West Centre Town, Dows Lake - Civic Hospital and Area · Near Champagne Avenue and Beech Street.
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Listing history for 59 Champagne Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 59 Champagne Avenue S
Answers come straight from this home’s MLS® listing.
How much is 59 Champagne Avenue S listed for, and what would it cost each month?
59 Champagne Avenue S is listed for $2,899,900. With 20% down ($579,980), the mortgage payment would be roughly $11,697 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,645 a month, all in. That figure is an illustration, not a quote.
Is 59 Champagne Avenue S freehold or a condo, and is there a monthly fee?
59 Champagne Avenue S is a sale of business in 4502 - West Centre Town, Dows Lake - Civic Hospital and Area. 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 59 Champagne Avenue S 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 59 Champagne Avenue S?
59 Champagne Avenue S is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 59 Champagne Avenue S, and what is the lot size?
The lot is listed as 45.8 x 99 ft.
How is 59 Champagne Avenue S heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 59 Champagne Avenue S?
Property taxes are $11,371 a year (2026), or about $948 a month.
Where is 59 Champagne Avenue S?
59 Champagne Avenue S is in the 4502 - West Centre Town community of Dows Lake - Civic Hospital and Area. The nearest main intersection is Champagne Avenue and Beech Street.. The postal code is K1S 4P1.
Is 59 Champagne Avenue S still for sale?
Yes. It is an active listing (MLS® X14107520). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 59 Champagne Avenue S asking?
Similar properties for sale nearby right now include 2 - 59 W Champagne Avenue S at $2,899,900, 499 Preston Street at $2,650,000 and 499 Preston Street at $2,450,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 59 Champagne Avenue 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 59 Champagne Avenue S?
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 4502 - West Centre Town, picked by style, size and price.
Commercial retail$2,899,9002 - 59 W Champagne Avenue S, Dows Lake - Civic Hospital and Area4502 - West Centre TownCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Sale of business$2,650,000499 Preston Street, Dows Lake - Civic Hospital and Area4502 - West Centre TownCourtesy of: SUTTON GROUP - OTTAWA REALTYView home →
Commercial retail$2,450,000499 Preston Street, Dows Lake - Civic Hospital and Area4502 - West Centre TownCourtesy of: SUTTON GROUP - OTTAWA REALTYView home →Courtesy of: ROYAL LEPAGE TEAM REALTY
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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.