For Sale

511 Bank Street, Ottawa Centre, Ontario K2P 1Z5

$1,299,000

511 Bank Street, Ottawa Centre, Ontario K2P 1Z5 is For Sale and has a listing price of 1,299,000. The property is located in the Ottawa Centre . It's been on the website for 104 Days.

  • MLS ID: X12330828
  • Office Name ROYAL LEPAGE INTEGRITY REALTY
Property Description

Commercial mix-use property with $113,841 net rental income!! This property is located in a central and established urban area, surrounded with numerous retail services and commercial activities. Its just north of Catherine St and the Queensway, minutes to downtown core, and proximate to major employment, recreational, shopping, Parliament Hill, Rideau Canal, Byward Market plus active infill development. The main level of the building features a fit up restaurant with dining area(approx. 40 seats), service counter, food preparation area, public washrooms, and access to a full basement; the second level is a two bedroom apartment with kitchen, three piece washroom. Please do not approach restaurant owner or the employees re- this sale.

Property Details
  • MLS ID: X12330828
  • Price: $1,299,000
  • Lot Depth: 94.84
  • Transaction Types: For Sale
  • Ref ID: X12330828
  • Year Built: N/A
  • Dir / Cross St: Bank x Catherine
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
09/02/2025 X12375301 $60,000 For Sale - -
08/07/2025 X12330828 $1,387,000 For Sale - -
07/24/2025 X12306323 $100,000 For Sale - -
03/22/2025 X12035680 $190,000 For Sale - -
10/04/2024 X9521113 $1,447,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $733,127 Average List Price
    based on 1 year
  • 150 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 80.52 % Up
  • Sold (12mo) 162
  • Rented (12mo) 176

  • 1 Month Change +110.9%
  • 3 Month Change -
  • 6 Month Change -10.1%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $28,488
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 07/08/2025 17:51:35
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