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

511 Bank Street,Ottawa Centre, ON K2P 1Z5

Ottawa Centre, ON K2P 1Z5

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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.

Details

MLS #X13764372
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site63
Listing Provided ByEXP REALTY | X13764372 488700

Features

SQ Feet2,131
Acreage0.05

Interior

CoolingPartial

Exterior

Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount29436.22
Tax TypeAnnual
Tax Year2026

Area Information

ProvinceON
CountyOttawa
CityOttawa Centre
Postal CodeK2P 1Z5
Area4103 Ottawa Centre
Listing VS Median (in K2P 1Z5)
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:
63
low | high
Med:
63
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyOttawa
CityOttawa Centre
Postal CodeK2P 1Z5
Area4103 Ottawa Centre
Listing VS Median (in K2P 1Z5)
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:
63
low | high
Med:
63
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $951K - $1.586M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
438 Lewis Street Property Photo 1
$1,150,000
438 Lewis Street
Ottawa Centre, ON K2P 0T3
Listing Updated: September 30, 2026 at 12:09:54 AM PDT