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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®# X13764372
Photo 1: 511 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13764372
Photo 2: 511 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13764372
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13764372
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2131 sq. ft. Square Feet
Total Area:
2,131 sq. ft.
Retail Area:
1260 sq. ft. Sq Ft
Lot Depth:
94'9"
Lot Frontage:
32'
Water supply:
Municipal
Zoning:
MS1 H(30)
Heating type:
Baseboard
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$29,436.22 / 2026
Assessment:
$- / 2026
Ottawa
Ottawa Centre
4103 - Ottawa Centre
No
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:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Sep 10, 2026
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated September 10, 2026 at 04:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.