399 Bank Street

Ottawa, Ontario K2P 1Y3

3,900 sqft Interior

Bldg=24.18 X 80.81 Ft Lot size

5 days ago Listed

Partially Air Conditioned Baseboard Heaters

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About this home

A rare investment opportunity in a prime location, a mixed-use property featuring an established restaurant (triple NET lease) on the ground floor and six residential apartments upstairs (tenants pay individual heat and hydro, water is included), offering immediate, reliable rental income. With a strong tenant mix and the stability of a proven business below, this is a turnkey opportunity for investors or owner-operators seeking long-term value in a prime urban location. (id:28469)

Facts & features

Property

MLS® Number: X13654876
Property Type: Retail
Community Name: 4103 - Ottawa Centre
Amenities Near By: Public Transit
Equipment Type: Water Heater
Rental Equipment Type: Water Heater

Building

Cooling Type: Partially Air Conditioned
Heating Type: Baseboard Heaters
Size Exterior: 3900 Sqft
Size Interior: 3,900 Sqft
Utility Water: Municipal Water

Land

Acreage: No
Land Amenities: Public Transit
Size Depth: 80 Ft ,9 In
Size Frontage: 24 Ft ,2 In
Size Irregular: Bldg=24.18 X 80.81 Ft
Size Total Text: Bldg=24.18 X 80.81 Ft
Zoning Description: Tmh(19)

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: $7,417/mo
Ontario land transfer tax: $29,975 one-time

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

The Ottawa Centre market

79 Active listings

$564,900 Median asking price

197% above median This home

39 days Avg. time on market

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Location

399 Bank Street, Ottawa, Ontario K2P 1Y3 · Get directions