Prime corner retail/restaurant unit for lease in the newly constructed luxury condo building, "The Residences at Island Park Drive". The property is located at a high-traffic intersection of Wellington Street West and Island Park Drive between the Wellington West and Westboro communities. The unit is approximately 2,135 sq. ft. plus a large outdoor patio which fronts onto future greenspace/parkland. Ideally suited for a restaurant/cafe/bar business. The space is available March-May 2026. Net Rent is: $50 per sq. ft. for the first 5 years and $56 per sq. ft. for the second 5 year term. Additional Rent is estimated at $18-$20 per sq. ft. but to be confirmed. Note: this unit is owned privately and separately from the adjacent retail units also available for rent.
| MLS # | X12638442 |
|---|---|
| Listing Type | For Lease |
| Status | Price Change |
| Year | 0 |
| Days On Site | 253 |
| Listing Provided By | SHAKER REALTY LTD. | X12638442 507900 |
| SQ Feet | 2,135 |
|---|---|
| Acreage | 0.05 |
| Cooling | Yes |
|---|
| Security Features | Yes |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 0 |
|---|---|
| Tax Type | N/A |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Tunneys Pasture and Ottawa West |
| Postal Code | K1Y 2X3 |
| Area | 4302 Ottawa West |
| Listing VS Median (in K1Y 2X3) | |
Price: $50 low | high Med: $55 sqft: 2,135 low | high Med: 2,135 $ / sqft: $0 low | high Med: $0 On site: 253 low | high Med: 253 | |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Tunneys Pasture and Ottawa West |
| Postal Code | K1Y 2X3 |
| Area | 4302 Ottawa West |
| Listing VS Median (in K1Y 2X3) | |
Price: $50 low | high Med: $55 sqft: 2,135 low | high Med: 2,135 $ / sqft: $0 low | high Med: $0 On site: 253 low | high Med: 253 | |