
Glebe - Ottawa East and Area, ON K1S 1C2
Unique opportunity for residential and commercial ownership in Old Ottawa East. 178 Main Street offers 5,074 sqft throughout three self-contained units: a spacious commercial unit (Unit A, 1677 sqft), currently leased by Vespa Wine Bar, a two-level 3- bed, 3-bath residence (Unit B, 2905 sqft), and a one-bedroom apartment (Unit C, 592 sqft). Unit B spans two levels with multiple balconies and a large west-facing cedar terrace. The main floor features two living areas, a gourmet kitchen with a statement island and high-end appliances, a full bath with laundry, plus massive windows which lead to an expansive terrace with retractable awning, outdoor kitchen, hot tub, wet bar, and sink. Upstairs includes three bedrooms, including a primary suite with walk-in closet, spa-inspired ensuite, and private balcony, plus a full additional bath. Unit C is a bright open-concept apartment with a gas fireplace, built-in bedroom closet, and den ideal for a home office. The kitchen includes stainless steel appliances, ample counter space, and a peninsula with seating, along with in-floor heating in the kitchen and bath, in-unit laundry, a private deck, and heat pump heating and cooling. Unit A offers prime commercial space suited to retail, restaurant, or professional use, with high ceilings, garage-style front, patio potential, separate HVAC and utilities, and lower-level space. Extensive soundproofing has been added to Unit A, along with a stone wall separating it from Unit C. All units have been previously rented, offering strong income potential. Don't miss this exceptional opportunity in one of Ottawa's most sought-after neighbourhoods. Residential MLS number: X13083828
TRREB MLS® Attribution
MLS® X13225030
Listed by ENGEL & VOLKERS OTTAWA
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$17,091
/month · $2,800,000 mortgage
Amortization
Total Interest
$2,327,288
Total Cost
$5,127,288
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ENGEL & VOLKERS OTTAWA