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480 Bank Street

480 Bank Street

Ottawa Centre, ON

  • 7 bath
  • 3,455 sqft
  • Commercial Retail
  • 132 days on market
$3,650,000

Prime downtown Ottawa mixed use commercial/residential mix building now available for purchase. Fronting unto Bank Street consists of 2 (fully leased) retail units. Tenant's include nail salon and retail sit-in food service. 4 - 2 bedroom apartments adjoining and fronting onto Flora Street, all fully leased to long term tenants. Financial and lease information available.

Listing Details

Taxes (2026)
$16,051
Listed
April 28, 2026

Price History

Property

Age
51-99
Lot Size
66.92 x 52.39 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Flora
Zoning
TM H (19)
Parcel Number
041220065
Possession
Immediate
Occupancy
Tenant

Commercial

Business Type
Hospitality/Food Related
Office / Apartment Area
4400 Sq Ft

Included

Inclusions
TBD
Exclusions
Tenant fixtures

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
373
Median days on market
32
Sale-to-list price
97.1%

Based on 373 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

ROYAL LEPAGE PERFORMANCE REALTY

Walk Score

99

Walk

65

Transit

99

Bike

Scores by Walk Score®

Commercial figures

Building area
3,455 sq ft
Price per sq ft
$1,056.44
Annual property tax
$16,051
Tax per sq ft
$4.65

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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