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399 Bank Street

399 Bank Street

Ottawa Centre, ON

  • 3,900 sqft
  • Commercial Retail
  • 418 days on market
$1,800,000

A rare investment opportunity in a prime location, a mixed-use property featuring an established restaurant on the ground floor and six fully leased residential apartments upstairs, 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.

Listing Details

Taxes (2024)
$23,056
Listed
July 14, 2025

Price History

Listing history

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Property

Lot Size
24.18 x 80.81 Feet

Parking

Garage
None

Location & Legal

Cross Street
Bank Street & Waverley Street West
Zoning
TMH(19)
Parcel Number
041190123
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Hospitality/Food Related

Included

Rental Items
HWTs

Community

Postal area K2P

Population
18,825
Private dwellings
14,113
Median age
34.4
Average household size
1.5
Median household income
$66,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Ottawa Centre · last 12 months

Median sold price
$450,000
Homes sold
371
Median days on market
33
Sale-to-list price
97.1%

Based on 371 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

ACERTA REALTY INC.

Walk Score

100

Walk

85

Transit

99

Bike

Scores by Walk Score®

Commercial figures

Building area
3,900 sq ft
Price per sq ft
$461.54
Annual property tax
$23,056
Tax per sq ft
$5.91

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

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