511 Bank Street, Ottawa Centre, ON K2P 1Z5
Ottawa Centre, ON K2P 1Z5
About this property
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.
Property facts & features
- Property type
- Investment
- MLS® number
- X13764372
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 2131
- Neighbourhood
- Not provided
- Postal code
- K2P 1Z5
- Garage
- None
- Lot depth (source units)
- 94.75
- Annual property tax
- 29436.22
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,269,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Ottawa Centre →Listing brokerage: EXP REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13764372. Information deemed reliable but not guaranteed.