1240 Bank Street, Ottawa

1240 Bank Street, Ottawa, ON K1S3Y3 Photo 1

17 Photos

1240 Bank Street, Ottawa, ON K1S3Y3 Photo 2
1240 Bank Street, Ottawa, ON K1S3Y3 Photo 3
1240 Bank Street, Ottawa, ON K1S3Y3 Photo 4
1240 Bank Street, Ottawa, ON K1S3Y3 Photo 5
1240 Bank Street, Ottawa, ON K1S3Y3 Photo 6
1240 Bank Street, Ottawa, ON K1S3Y3 Photo 7
  • Living area: 3800 square feet
  • MLS®: 1372404
  • Type: Commercial
  • Added: 119 days ago

Property Details

Classic red brick storefront in a busy, vibrant section of Bank Street in Old Ottawa South. Approximately 3,800 sq' over 2 above grade floors, plus a full height basement also used for retail display. This is a well established downtown community just south of The Glebe and Lansdowne Park and just north of Billings Bridge, very close to the Transitway. While the streetscape is well established, it is also poised for major redevelopment, with several adjacent large land parcels showing exceptional potential. This property is ideal with it's current use, but could be redeveloped on its' own. There is a laneway off the side street (Chesley) for access to the back of the property. Clean Environmental Phase 1 and 2 recently done (2023). (id:1945)

Property Information

  • List AOR: Ottawa
  • Tax Year: 2023
  • Year Built: 1920
  • Living Area: 3800
  • Photos Count: 17
  • Parcel Number: 041450191
  • Parking Total: 3
  • Common Interest: Freehold
  • Tax Annual Amount: 25500
  • Lot Size Dimensions: 39.67 ft X 89.89 ft
  • Zoning Description: TM2
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Nearby Places

Name Type Address Distance
Old Ottawa South Old Ottawa South is a relatively small and compact... 0.2 km
Billings Bridge Bank Street passes over the river by way of this b... 0.3 km
Hopewell Avenue Public School It teaches grades jk-8... 0.4 km
Hopewell Public School School Ottawa 0.4 km
Mayfair Theatre Establishment 1074 Bank St 0.5 km
Mayfair Theatre It is Ottawa's oldest active movie theatre, operat... 0.5 km
Billings Bridge Shopping Centre Shopping mall 2277 Riverside Dr 0.5 km
Trinity Anglican Church (Ottawa) The church welcomes everyone warmly -- young, old,... 0.5 km
Billings Bridge Plaza It is a medium-sized community mall with about 90 ... 0.6 km
Bank Street Bridge It links the Glebe to Old Ottawa South... 0.7 km
Billings Estate Museum in the former home of one of the region's earliest... 0.7 km
Billings Estate Museum Museum 2100 Cabot St 0.7 km
Similar Commercial listings Stat in Ottawa
We have found 6 Commercial that closely match the specifications of the property located at 1240 Bank Street with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 1,395,000 and 2,500,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the K1S3Y3 postal code area of Ottawa Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree 85
Bachelor's degree 105
University / Below bachelor level 10
College 40
University degree at bachelor level or above 220

Neighbourhood Marital Status Stat

Married 205
Widowed 15
Divorced 10
Separated 10
Never married 130
Living common law 30
Married or living common law 235
Not married and not living common law 155

Neighbourhood Construction Date

1961 to 1980 20
2006 to 2010 25
1960 or before 150
Comparison of 1240 Bank Street, Ottawa, ON with Nearby Commercial listings
Nearby Cities Listings Avg. price
Gatineau Hull Real Estate 69 $641.507
Gatineau Aylmer Real Estate 62 $633.145
Gatineau Gatineau Real Estate 116 $594.440
Orleans Real Estate 100 $723.554
Kanata Real Estate 58 $875.326
Stittsville Real Estate 55 $898.350
Rockland Real Estate 100 $630.039
Embrun Real Estate 72 $635.808
Popular Cities Listings Avg. price
Kawartha Lakes Real Estate 509 $940.261
Oshawa Real Estate 409 $1.045.920
Whitby Real Estate 321 $1.209.455
Other Real Estate 1396 $992.119
Innisfil Real Estate 326 $1.421.885
Barrie Real Estate 959 $1.035.873
Markham Real Estate 518 $1.392.800
Richmond Hill Real Estate 478 $1.636.955
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