3 Bedrooms

2,400 sqft Interior

6 Parking spaces

Bldg=50 X 86.2 Ft ; 0 Lot size

124 days ago Listed

Fully Air Conditioned Forced Air

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About this home

Turnkey Flex Commercial Unit - Prime Mainstreet Exposure. OPPORTUNITY KNOCKS! Secure a high-visibility, standalone commercial property in a prime arterial main street location of Walkley /Bank street. Zoned AM10, this versatile building supports a wide range of uses including retail, office, medical, or mixed-use development. This fully renovated property (converted to commercial use in 2023) is in exceptional condition and offers a functional, modern layout: Upper Level: 5 offices, reception area, and a bathroom. Lower Level: has a private entrance, Large open-concept workspace, a meeting room, and a bathroom. Currently owner-occupied and operating as an accounting office, this is a real estate-only sale (business not included). Ideal for both end users looking to stop paying rent and investors seeking a strong income-generating asset. Highlights :Standalone building with land ownership. Excellent exposure in a high-traffic area. Please Do not visit the property without a pre-booked showing appointment. (id:28469)

Facts & features

Property

MLS® Number: X13007736
Property Type: Retail
Neighbourhood: Ellwood
Community Name: 3803 - Ellwood
Amenities Near By: Public Transit, Recreation
Equipment Type: Water Heater
Parking Space Total: 6
Rental Equipment Type: Water Heater

Building

Bedrooms Total: 3
Cooling Type: Fully Air Conditioned
Heating Fuel: Natural Gas
Heating Type: Forced Air
Size Exterior: 2400 Sqft
Size Interior: 2,400 Sqft
Utility Water: Municipal Water

Land

Acreage: No
Land Amenities: Public Transit, Recreation
Size Depth: 86 Ft ,2 In
Size Frontage: 50 Ft
Size Irregular: Bldg=50 X 86.2 Ft ; 0
Size Total Text: Bldg=50 X 86.2 Ft ; 0
Zoning Description: Am10

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $5,756/mo
Ontario land transfer tax: $22,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Ellwood market

7 Active listings

$849,000 Median asking price

53% above median This home

41 days Avg. time on market

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Location

1901 Banff Avenue, Ottawa, Ontario K1V 7W9 · Get directions

1901 Banff Avenue