399 Bank Street

4103 - Ottawa Centre, Ottawa Centre, K2P 1Y3

$1,675,000

Listed 73 days ago · MLS® X13654876

About this home

A rare investment opportunity in a prime location, a mixed-use property featuring an established restaurant (triple NET lease) on the ground floor and six residential apartments upstairs (tenants pay individual heat and hydro, water is included), offering immediate, reliable rental income. With a strong tenant mix and the stability of a proven business below, this is a turnkey opportunity for investors or owner-operators seeking long-term value in a prime urban location.

Details

Type: Commercial Retail
Lot: 24.18 × 80.81 ft
Garage: None
Property tax: $26,578 (2026)
Neighbourhood: 4103 - Ottawa Centre
Municipality: Ottawa Centre

Heating, cooling and services

Heating: Baseboard
Air conditioning: Partial
Utilities: Yes

Building and exterior

Building area: 3,900 Square Feet

Possession: Flexible
Cross street: Bank Street & Waverley Street West
Business type: Hospitality/Food Related

Listed by ACERTA REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $7,335
Property tax: $2,215
Total: $9,550

$335,000 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $335,000
Land transfer tax: $29,975
Legal and other costs: ~$2,500
Total: $367,475

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

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Or call 647-325-5000

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