511 Bank Street, Ottawa
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. (id:1945)
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Property details for 511 Bank Street, Ottawa
- Type
- Commercial
- Living Area
- 2,131 square feet
- Lot Size
- 32 x 94.75 FT
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
- Annual Taxes
- $29,436 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 511 Bank Street
Active Listings
594
Min Price
$20,000
Max Price
$12,000,000
Avg Price
$884,406
Days on Market
75
days
Sold Listings
181
Min Sold Price
$89,000
Max Sold Price
$12,000,000
Avg Sold Price
$797,652
Days until Sold
82
days
Price History
Listed
September 10, 2026
by EXP REALTY
Current Price
$1,269,000
Type
Commercial
For Sale
