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499 Sussex Drive,Lower Town - Sandy Hill, ON K1N 5P4

Lower Town - Sandy Hill, ON K1N 5P4

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Description

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.

Details

MLS #X12850912
Listing TypeFor Lease
StatusExtension
Year0
Days On Site253
Listing Provided ByMARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC. | X12850912 211400

Features

SQ Feet4,531
Acreage0.10

Interior

CoolingNo

Exterior

Security FeaturesNo

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount14.23
Tax TypeTMI
Tax Year2026

Area Information

ProvinceON
CountyOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 5P4
Area4001 Lower Town | Byward Market
Listing VS Median (in K1N 5P4)
sqft:
4,531
low | high
Med:
12,577
100% of Average
On site:
253
low | high
Med:
397
63.727959697733% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 5P4
Area4001 Lower Town | Byward Market
Listing VS Median (in K1N 5P4)
sqft:
4,531
low | high
Med:
12,577
100% of Average
On site:
253
low | high
Med:
397
63.727959697733% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
44 Byward Market Square Property Photo 1
$17
44 Byward Market Square
Lower Town - Sandy Hill, ON K1N 7A2
Listing Updated: September 29, 2026 at 11:33:18 PM PDT