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$ 1,269,000
Est. payment /mo
Active
511 Bank ST Ottawa Centre, ON K2P 1Z5
2,131 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,131 sqft
Price per Sqft $595
Subdivision 4103 - Ottawa Centre
MLS Listing ID X13764372
Annual Tax Amount $29,436
Tax Year 2026
Property Sub-Type Investment
Property 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.
Location
Province ON
County Ottawa
Area Ottawa
Zoning MS1 H(30)
Interior
Cooling Partial
Inclusions Fridge & Stove on the upper level, 1 HWT (rental), AC for the upper level (rental), Furnace, Hood in the restaurant kitchen, dishwasher with the sink in the restaurant kitchen
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Others
Virtual Tour https://youtu.be/oLmWRwcSvH8
Lited by EXP REALTY