399 Bank Street, Ottawa Centre, ON K2P 1Y3

About this property

A rare investment opportunity in a prime location, a mixed-use property featuring an established restaurant on the ground floor and six fully leased residential apartments upstairs, 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.

Features & Amenities

• Garage: None
• Cooling: Partial
• Heat Type: Baseboard

Property Details

Property Type	Commercial
Property Sub-Type	Commercial Retail
Lot Size	1,954 Feet
Garage	None
Heat Type	Baseboard
Cooling	Partial
Annual Tax	$23,056
Tax Year	2024

Building & Construction

Building Area Total

3900

Heating & Cooling

Heat Type

Baseboard

Cooling

Partial

Parking & Garage

Garage Type

None

Lot & Land

Lot Size Area

1954.10

Lot Size Units

Feet

Lot Depth

80.81

Lot Width

24.18

Community & Neighborhood

Community Features

Public Transit

Financial & Tax

Tax Annual Amount

$23,056

Tax Year

2024

Tax Assessed Value

$1,115,000

Possession Type

Flexible

Possession Details

60-90 days

Utilities & Services

Utilities

Yes

Additional Details

Occupant Type

Tenant

County Or Parish

Ottawa

Cross Street

Bank Street & Waverley Street West

Directions

North east corner of Bank and Waverley Streets

Showing Requirements

List Brokerage, List Salesperson