511 Bank St

Ottawa Centre, ON K2P 1Z5
  • $1,269,000

    Price
  • 0.07

    Acre

About the Listing 488700 -

Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale.

Listing Highlights for 511 Bank St

Status Active
Days on Site 37
Property Type Commercial Sale
MLS ® X13764372
Year Built
Lot/Acreage 0.07

Interior Details

  • Appliances:
  • Air Cond: Partial
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: No Garage

Financial Details

  • Tax Amount: $29,436
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 041230005
  • Tax Year: 2026

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511 Bank St Ottawa Centre, ON K2P 1Z5

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