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511 Bank Street
4103 - Ottawa Centre Ottawa Centre K2P 1Z5

$1,269,000 /For Sale
Commercial

Main Photo: 511 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X12330828
Photo 1: 511 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X12330828
Photo 2: 511 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X12330828
Photo 3: 511 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X12330828
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Photo 16: 511 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X12330828
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12330828
Commercial mix-use property with $113,841 net rental income!! This property is located in a central and established urban area, surrounded with numerous retail services and commercial activities. Its just north of Catherine St and the Queensway, minutes to downtown core, and proximate to major employment, recreational, shopping, Parliament Hill, Rideau Canal, Byward Market plus active infill development. The main level of the building features a fit up restaurant with dining area(approx. 40 seats), service counter, food preparation area, public washrooms, and access to a full basement; the second level is a two bedroom apartment with kitchen, three piece washroom. Please do not approach restaurant owner or the employees re- this sale.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
2131 sq. ft. Square Feet
Total Area:
2,131 sq. ft.
Retail Area:
1260 sq. ft. Sq Ft
Lot Depth:
94'10"
Lot Frontage:
32'
Water supply:
Municipal
Zoning:
TM H
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$28,488.4 / 2025
Assessment:
$- / -
Ottawa
Ottawa Centre
4103 - Ottawa Centre
No
One Hot water tank, AC for the upper level
Fridge & Stove on the upper level, 1 HWT (rental), AC for the upper level (rental), Furnace, Hood in the restaurant kitchen, dishwasher with the sink in the restaurant kitchen
Tenant's belongings, wall AC in the restaurant, 1 HWT, all restaurant equipment (except the hood and dishwasher and sink), grease trapper in the basement, walk-in fridge in the basement, washer and dryer
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Gross income:
$149,002.92
Net Income Before Debt:
$113,283.08
Expenses Actual/Estimated:
Actual
Heating Expenses:
$0
Hydro Expenses:
$0
Insurance Expenses:
$7,231.44
Management Expenses:
$0
Tax Expenses:
$28,488.4
Other Expenses:
$0
Water Expenses:
$0
Year Expenses:
2025
Maintenace Expenses:
$0
Category:
Retail
Date Listed:
Aug 07, 2025
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated April 29, 2026 at 04:15 PM (UTC)
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