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For Sale

166/168 Main Street

4406 - Ottawa East, Glebe - Ottawa East and Area, ON
$1,350,000
0Bd
0Ba
sqft
58 x 99 ftlot
CommercialMLS# X12826684Listed 2026-02-27123 DOM

On the market for 123 days — longer than average. The seller may be open to negotiation.

About this home

166-168 Main Street is one of the last prime infill opportunities in Old Ottawa East, offering exceptional redevelopment potential in a rapidly growing urban corridor. The property features two large three-bedroom units on a 5,737 sq. ft. lot, creating a strong foundation for future value and long-term growth. It also offers the flexibility to owner-occupy one unit while renting out the other, making it appealing to both investors and end users seeking income support. The site's flexible zoning allows for a wide range of uses including residential, commercial, office, retail and mixed-use development, giving builders and investors the ability to design a project tailored to modern demand. Steps from the Rideau River, the Rideau Canal and a vibrant mix of neighbourhood amenities, the location provides exceptional walkability and connectivity. With strong rental appeal, increasing densification along Main Street and very limited available land, this address stands out as a rare chance to secure a premier site in one of Ottawa's most desirable neighbourhoods.

Features

  • No

Financials

Annual Taxes
$9,337

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield2.2% – 7.1%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Glebe - Ottawa East and Area

Days on market123 days
Buyer's MarketSeller's Market

Based on active listings in Glebe - Ottawa East and Area. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,350,000
166/168 Main Street, Glebe - Ottawa East and Area
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