391 Bank Street
Ottawa Centre, ON
- 4 bath
- 6,147 sqft
- Commercial Retail
- 415 days on market
Located in the heart of Ottawa Centretown, directly across from the new James House condo development, a 2-minute drive to HWY 417 / the Glebe and surrounded by dense residential and commercial retail. This vacant building offers a ground-level 2,000 sqft retail unit with a separate entrance to the second floor with 2 individual units, and an additional unit in the basement with a separate entrance. Each floor is approximately 2,000 sqft. The property includes six tandem rear parking spaces. HVAC systems were replaced, along with new grade-level windows and front doors, in 2016. This property presents an excellent opportunity for owner-users, while also offering the ability to generate additional rental income.
Listing Details
- Taxes (2025)
- $44,504
- Listed
- July 14, 2025
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 33 x 113.67 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- BANK AND WAVERLY
- Zoning
- TM H(19)
- Parcel Number
- 041190121
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Retail Store Related
Included
- Rental Items
- 2 Hot Water Tanks
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
- 32
- Sale-to-list price
- 97.1%
Based on 371 recorded sales of commercial properties in Ottawa Centre over the last 12 months.
Listed by
CANTOR REALTY CORP.
Commercial figures
- Building area
- 6,147 sq ft
- Price per sq ft
- $357.90
- Annual property tax
- $44,504
- Tax per sq ft
- $7.24
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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