Even More Strong Commercial Real Estate Returns in Ottawa
The largest retail transaction in Ottawa to date in 2017 was the late-April sale of the LCBO store on Rideau Street at King Edward Avenue. Purpose-built for the LCBO back in 2000, this ±15,000 sq.ft. store with a full usable basement recently sold for $24.0 Million. This is just another example of just how desirable commercial real estate in Ottawa has become.