Address
399 Bank Street, Ottawa Centre, ON
Price
$ 1,675,000
Property Attributes
- ID#X13654876
- TypeCommercial
- Listing Status New
- CityOttawa Centre
- Area4103 - Ottawa Centre
- Neighbourhood4103 - Ottawa Centre
- Postal CodeK2P 1Y3
- StyleHospitality/Food Related
- Taxes$ 26578
- Price$ 1,675,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3900
Data Source:
Toronto Real Estate Board (TRREB)
Property Description
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.
| Price History | |
|---|---|
| 8/8/2026 | Listed $1,675,000 |
General Features
| Cooling | Partial |
|---|---|
| Utilities | Yes |
| Security Features | No |
| Heater Type | Baseboard |
| Expenses | Actual |
| Property Subtype | Commercial Retail |
| Tax Year | 2026 |
| Lot Depth | 80.81 |
| Business Type | Hospitality/Food Related |
| Community Features | Public Transit |
| County | Ottawa |
| Net Operating Income | 112153.91 |
| Insurance Expense | 6729.4 |
| New Construction | No |
| Property Type | Commercial |
| Attached Garage | No |
| Garage Y/N | No |
| Status | New |
| City | Ottawa Centre |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 26578.03 |
| Electric Expense | 3475.73 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
Interior Features
| Basement (Y/N) | Yes |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Elevator? | No |
Exterior Features
| Garage Type | None |
|---|---|
| Spa | No |
| Building Area Total | 3900.0 |
| Lot Size Source | MPAC |
| Waterfront Y/N | No |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in K2P 1Y3
Price
Visits
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating