201 OTTAWA STREET NORTH
Cornerstone · L8H3Z4
$799,000
About this residence
Prime Ottawa St North Building with vacant restaurant space and vacant bachelor apartment above. Flexible C5a zoning allows for a variety of uses. Former home of Beach Road and Dunav Meats, and seen in season 2 of the Umbrella Academy! The 3000ft2 main level features an open kitchen and dining area, 2 accessible washrooms, large storage and prep space and direct access to the rear parking. Additional income potential or live work with the 2nd level bachelor apartment. Full height 1223ft2 basement offers opportunities for commissary kitchen and additional storage/prep space. New flat roof with transferable warranty installed Dec 2024,. New electrical, plumbing, fire suppression, ventilation, hood, all 2015-2016. 2 car parking at rear. Do not miss out, book your showing today! (id:61366)
Property details
- Property type
- Other
- Style
- Residential Commercial Mix
- Ownership
- Freehold
- Storeys
- 1
- Living area
- 4,553 sq ft
- Frontage
- 25 feet
- Parking
- 2 spaces
- Annual tax
- $8,866
- MLS®
- 40778694
- Board
- Cornerstone
- Status
- Active
- Listed
- Oct 14, 2025
- Updated
- Jun 24, 2026
Features & finishes
Basement
- Full
Exterior
- Brick
Lot
- Visual exposure
Sewer & Utilities
- Municipal sewage system
Community
- High Traffic Area
Financing
Estimated monthly payment
$3,737/mo
Loan amount
$639,200
Down payment
$159,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · L8H- 26,187
- Population
- 40
- Median age
- $70,000
- Median income
- $500,000
- Median home value
- 66%
- Home ownership
- 28 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 201 OTTAWA STREET NORTH?
201 OTTAWA STREET NORTH is listed for $799,000, in Cornerstone.
What type of home is 201 OTTAWA STREET NORTH?
201 OTTAWA STREET NORTH is a Other, Residential Commercial Mix set over 1 storey.
How large is 201 OTTAWA STREET NORTH?
The home offers approximately 4,553 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,737. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $8,866 per year.
Is there parking?
Yes — 201 OTTAWA STREET NORTH includes 2 parking spaces.
What is the Cornerstone area like?
Cornerstone has a population of about 26,187, a median age of 40, a 66% home-ownership rate, with an average commute of about 28 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $70,000.
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