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391 Bank Street

391 Bank Street

Ottawa Centre, ON

  • 4 bath
  • 6,147 sqft
  • Commercial Retail
  • 152 days on market
$1,950,000

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 completely 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 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
April 1, 2026

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

Property Insights

needs worktile floors

AI-generated from listing photos. Not professional advice.

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
368
Median days on market
32
Sale-to-list price
97.1%

Based on 368 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

CANTOR REALTY CORP.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area
6,147 sq ft
Price per sq ft
$317.23
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.

R

Reita | Assistant

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Reita said:

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