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For sale · MLS® X14107524

59 W Champagne Avenue S 2, Dows Lake - Civic Hospital and Area, ON K1S 4P1

Dows Lake - Civic Hospital and Area, ON K1S 4P1

$2,899,900Property tax (2026): $11,371 / year
17 Days on MLSCommercial Retail45.75 ft × 99 ft Lot dimensions
Quick cost estimateKnown monthly subtotal$14,440.35 / monthLand transfer tax $54,473One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$14,440.35 / month

Known monthly subtotal

Mortgage principal & interest
$13,492.77
Property tax / month
$947.58
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$54,473

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$54,473
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

A beloved Ottawa landmark. An exceptional opportunity to own a piece of the city's history.For generations, Di Rienzo's Grocery & Deli has been a cherished neighbourhood staple, known for its authentic Italian sandwiches, specialty groceries, and loyal customer following. More than just a business, Di Rienzo's has become part of Ottawa's culinary identity, attracting generations of customers who return for the quality, tradition, and familiar experience.Now, a rare opportunity presents itself to acquire both this established business and the real estate it calls home.Situated on a prominent corner lot in the heart of Little Italy, just steps from Preston Street, the property occupies approximately 4,499 sq. ft. of land with approximately 45.7 feet of frontage and 98.5 feet of depth. The property is currently improved with a mixed-use building featuring commercial space and residential accommodations, offering an attractive combination of business ownership and real estate investment.The sale presents a unique opportunity for an entrepreneur, investor, or established operator to carry forward the legacy of one of Ottawa's most recognizable independent food establishments while securing ownership of the underlying property.

Home details

Days on market
Not reported
Property type
Commercial Retail
MLS® number
X14107524
Source status
New
Postal code
K1S 4P1
Building area (total)
2,800 sq ft
Lot depth
99 ft
Garage parking spaces
Not reported
Total parking spaces
Not reported
Occupancy
Owner
Possession type
90+ days
Garage
None
Annual property tax
11371
Heating system
Gas Forced Air Open
Cooling
Yes
Utility services
Yes
Water source
Water System
Sewer
Sanitary+Storm
MLS entry age (not confirmed DOM)
17 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Reported utility services
Yes
Water source
Water System
Sewer
Sanitary+Storm
Heating system
Gas Forced Air Open
Cooling
Yes

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Room-count details have not been supplied for this listing.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$2,899,900
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Map and neighbourhood

Region / county
Ottawa
Municipality
Dows Lake - Civic Hospital and Area
MLS® community
4502 - West Centre Town

A confirmed map location is not available for this home yet.

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PLAN YOUR ROUTE

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Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby schools

No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.

Transit near this property

No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in 4502 - West Centre Town, Dows Lake - Civic Hospital and Area, Ottawa, Ontario

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

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Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

59 W Champagne Avenue S 2, Dows Lake - Civic Hospital and Area, ON K1S 4P1, Dows Lake - Civic Hospital and Area is listed for sale as a Commercial Retail. Asking price: $2,899,900. Occupancy is reported as Owner. MLS® X14107524.

Local context

Explore the area: Ottawa · 4502 - West Centre Town.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: ROYAL LEPAGE TEAM REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14107524. Information deemed reliable but not guaranteed.

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Property at 59 W Champagne Avenue S 2, Dows Lake - Civic Hospital and Area, ON K1S 4P1