$1,269,000
( $595.50Per Sq Foot )
 $6,812 est/mo Sourced by Back At You

511 Bank Street,Ottawa, ON K2P1Z5

Ottawa, ON K2P1Z5

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Description

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. (id:13843)

Details

MLS #X13764372
Listing TypeFor Sale
StatusActive
Days On Site58
Listing Provided ByEXP REALTY | Yisha Chang

Features

SQ Feet2,131
ZoningMS1 H(30)

Interior

CoolingPartially air conditioned
HeatingBaseboard heaters, Forced air, Natural gas
AppliancesDishwasher
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount29436.22
Tax Year2026

Area Information

ProvinceON
CityOttawa
Postal CodeK2P1Z5
Listing VS Median (in K2P1Z5)
Price:
$1,269,000
low | high
Med:
$1,269,000
50% of Average
sqft:
2,131
low | high
Med:
2,131
50% of Average
$ / sqft:
$595
low | high
Med:
$595
50% of Average
On site:
58
low | high
Med:
58
100% of Average
Sourced by Back At You

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Learn More About This Property

Victoria Jodoin

Victoria Jodoin

Sutton Group - Masters Realty Inc., Brokerage

REALTOR® (613) 328-4708vjodoin@sutton.com
ProvinceON
CityOttawa
Postal CodeK2P1Z5
Listing VS Median (in K2P1Z5)
Price:
$1,269,000
low | high
Med:
$1,269,000
50% of Average
sqft:
2,131
low | high
Med:
2,131
50% of Average
$ / sqft:
$595
low | high
Med:
$595
50% of Average
On site:
58
low | high
Med:
58
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $951K - $1.586M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
514 LYON STREET N Property Photo 1
$1,375,000
514 Lyon Street N
Ottawa, ON K1R5X9
Listing Updated: September 28, 2026 at 10:55:43 PM PDT

Victoria Jodoin, REALTOR®

101-705 Arlington Park Pl.
Kingston, ON K7M7E4
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Victoria Jodoin  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 Arlington Park Pl., Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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