511 BANK STREET
Ottawa, Ontario
MLS® X13764372
$1,269,000
- Status
- Active
- Property type
- Business
- MLS® number
- X13764372
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 18Listing description
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 summary
- MLS® number
- X13764372
- Property type
- Business
- Square footage
- 2,131 sq ft
- Land size
- 32 x 94.75 FT
- Annual property taxes
- $29,436.22
- Days on market
- 11 days
Features & details
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
- Appliances
- Dishwasher
What would this home cost you?
Based on the $1,269,000 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 EXP REALTY, 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.