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502 Bank Street, Ottawa Centre, ON K2P 1Z4

Ottawa Centre, ON, K2P 1Z4 · 4103 - Ottawa Centre

— Sq Ft
Store W Apt/Office Type
X14160010 MLS#

About this property

Exceptional opportunity to acquire a well-established income property. 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.

Features & Amenities

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

Property Details

Property Type Commercial
Property Sub-Type Store W Apt/Office
Lot Size 6,297 Feet
Garage None
Heat Type Other
Cooling Partial
Annual Tax $51,142
Tax Year 2026

Building & Construction

Approximate Age
51-99
Building Area Total
10010

Heating & Cooling

Heat Type
Other
Cooling
Partial

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Area
6296.88
Lot Size Units
Feet
Lot Depth
99.21
Lot Width
65.71

Financial & Tax

Tax Annual Amount
$51,142
Tax Year
2026
Possession Type
Flexible
Possession Details
subject to tenancies

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Ottawa
Cross Street
Bank and Catherine
Directions
Corner of Bank St and Arlington Ave
Showing Requirements
See Brokerage Remarks

Location

502 Bank Street, Ottawa Centre, ON K2P 1Z4, Ottawa Centre, ON, K2P 1Z4

Listing courtesy of SUTTON GROUP - OTTAWA REALTY
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