Homula Realty Brokerage
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818 Boyd Avenue, McKellar Heights - Glabar Park and Area, ON K2A 2C7

Office
$2,500,000

Exceptional opportunity to acquire a well-maintained office building in a desirable Ottawa location. This versatile commercial property offers an efficient layout suitable for a variety of professional, medical, or administrative uses and presents an excellent opportunity for investors or owner-occupiers. The building features bright, well-appointed office spaces, meeting and conference rooms, reception areas, private offices, washrooms, and staff amenities. Large windows provide abundant natural light, while ample on-site parking enhances convenience for employees and visitors. Strategically located with excellent access to major roadways, public transit, the Queensway east and west access, and nearby amenities, the property benefits from strong visibility and easy accessibility. Surrounded by established businesses, retail services, restaurants, and residential neighbourhoods, this location supports a wide range of commercial operations. Property Highlights - Well-maintained office building. Flexible floor plan with private and open-concept office areas. Reception and conference facilities. Staff kitchen and washrooms. Abundant natural light throughout. Ample on-site parking. Excellent access to major transportation routes. Close to shopping, restaurants, and public transit. Suitable for owner-occupiers or investment purposes. Potential for multiple commercial uses, subject to applicable zoning.

MLS number
X13583868
Type
Office
Status
Active
Bedrooms
Bathrooms
Postal code
K2A 2C7
Photos
49
Property tax
$22,000 / year
55days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Ottawa Jewish Community SchoolElementary282 mNot reported
Edelweiss Private AcademyElementary297 mNot reported
Notre Dame High School
Ottawa CSB
Secondary347 m6.9 / 10
69% met the standard · 2 of 6 measures
Notre Dame Intermediate School
Ottawa CSB
Elementary373 mNot reported
Revel AcademyElementary and secondary608 mNot reported
Broadview Public School
Ottawa-Carleton DSB
Elementary777 m8.1 / 10
81% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 632 people.

$106,000Median household income
64.9%Own their home
51.4%Detached houses
45.6Median age
19.4%Born outside Canada
36.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35061090 — the few blocks around this address, home to 632 people. It describes the area, not this property.

632Population
47.8Average age
2.8Household size
$112,000Average household income
$106,000Median household income
65%Own their home
35%Rent
0%Condominiums
19%Born outside Canada
37%University degree
$640,000Average home value
10%Low income
54%Not in the labour force
25%Never married
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9992%
$100,000 and over36%
$100,000 to $124,9997%
$125,000 to $149,99911%
$150,000 to $199,9999%
$200,000 and over7%

Percentages are of the 280 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$500,000 · minimum here is $500,000
$11,069.46per month
Borrowed before insurance$2,000,000
Total borrowed$2,000,000
Interest over 25 years at 4.5%$1,320,838

If you rented it out

-$12,902.79per month out of pocket
Rent$0.00
Everything it costs to hold$12,902.79
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX HALLMARK REALTY GROUP. Listing data provided by the Toronto Regional Real Estate Board.