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502 Bank Street
4103 - Ottawa Centre Ottawa Centre K2P 1Z4

$3,750,000 /For Sale
Commercial

Main Photo: 502 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X14160010
Photo 1: 502 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X14160010
Photo 2: 502 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X14160010
Photo 3: 502 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X14160010
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Photo 12: 502 Bank Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X14160010
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14160010
Exceptional opportunity to acquire a well-established income property producing apx $300,000 in gross annual income. Located on the vibrant corner of Bank Street and Arlington Ave, this offering includes 502-510 Bank Street and 5 Arlington Avenue, comprising 9 income-generating units: 5 commercial storefronts and 4 residential apartments. The commercial component features a diverse mix of established businesses, including restaurants, retail and a coffee shop, while the residential units consist of two one-bedroom and two bachelor apartments. Ideally situated in a high-visibility, pedestrian-friendly location surrounded by thriving businesses and established residential neighbourhoods. The property has benefited from numerous capital improvements over the years, including roof replacements, resurfaced parking areas and updated mechanical systems. An attractive turnkey investment offering diversified revenue streams in one of Ottawa's most sought-after urban commercial corridors.
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
10010 sq. ft. Square Feet
Total Area:
10,010 sq. ft.
Retail Area:
75 sq. ft. %
Office/Apt Area:
25 sq. ft. %
Lot Depth:
99'2½"
Lot Frontage:
65'8½"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
MS1 H(30)
Heating type:
Other
Garage:
None
Possession Details:
subject to tenancies
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$51,141.8 / 2026
Assessment:
$- / 2026
Ottawa
Ottawa Centre
4103 - Ottawa Centre
No
Tenant Belongings
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Nov 07, 2026
Original Price:
Previous Price:
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Listed by SUTTON GROUP - OTTAWA REALTY
Data was last updated November 7, 2026 at 02:15 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.