Centretown's tenant base is anchored by tech (shopify), advertising, design, professional services.

  • Tier: prime.
  • Tenant character: Tech and creative-class submarket.
  • Average rent: C$36/sqft/yr · ≈ $26.6 PSF/yr USD.

Centretown, Ottawa tenant profile

Centretown's tenant base is anchored by tech (shopify), advertising, design, professional services.

TL;DR

  • Tier: prime.
  • Tenant character: Tech and creative-class submarket.
  • Average rent: C$36/sqft/yr · ≈ $26.6 PSF/yr USD.

Who clusters here

Tech (Shopify), advertising, design, professional services.

What that means for newcomers

Newcomers to Centretown should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityOttawa
submarketCentretown
tierprime
averageRentLocalC$36/sqft/yr · ≈ $26.6 PSF/yr USD
cityClassARentUsd$27/sqft/yr
cityVacancyPct13.6%

Frequently asked questions

What kind of tenants lease in Centretown?
Tech (Shopify), advertising, design, professional services.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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