101-103 - 2019 BANK STREET
Ottawa, Ontario
MLS® X12805074
$769,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X12805074
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 26Listing description
High-visibility urban commercial investment with a 6. 5% cap rate, offering stable income and long-term corridor appeal. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq.
ft. asset provides investors with exposure to a prominent main street location supported by surrounding residential density and consistent consumer activity. Its designation within a Major Transit Station Area and Mixed Use policy framework under the Official Plan further reinforces the property's connection to long-term urban growth and intensification.
With one year remaining on the existing lease, the property is generating stable annual net income of approximately $47,500, while a two-year renewal option adds near-term continuity and future upside at rollover. Supported by durable demand drivers and a well-established corridor, this offering represents a disciplined acquisition for investors seeking resilient urban commercial real estate. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.
Property summary
- MLS® number
- X12805074
- Property type
- Retail
- Building type
- Retail
- Square footage
- 1,416 sq ft
- Land size
- 175 x 164 FT
- Annual property taxes
- $2,947.22
- Days on market
- 187 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $769,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX HALLMARK REALTY GROUP, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.