499 Sussex Drive photo 1

499 Sussex Drive

4001 - Lower Town/Byward Market / Lower Town - Sandy Hill, ON K1N 5P4

ActiveFor Rent
0 Beds
0 Baths
4,531 Sq Ft
Commercial

About This Property

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. Also available is a 2,000 SF office space for lease at $4,000 per month, inclusive of all costs except HST. Tenants are responsible for arranging their own garbage pickup.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Rent
Interior Size4,531 sq ft
Bedrooms0
Bathrooms0
Postal CodeK1N 5P4
Last UpdatedAug 8, 2026 · 2:17 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12850912

Listed by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$0

per month

MLS®X12850912
TypeCommercial
CityLower Town - Sandy Hill
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$0

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Down Payment20% — $0
Interest Rate5.5%

Amortization

Total Interest

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Total Cost

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Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.