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399 Bank Street
4103 - Ottawa Centre Ottawa Centre K2P 1Y3

$1,800,000 /For Sale
Commercial

Main Photo: 399 Bank Street, Ottawa Centre
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12282107
Bus Major:
Hospitality/Food Related
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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
3900 sq. ft. Square Feet
Total Area:
3,900 sq. ft.
Retail Area:
1300 sq. ft. Sq Ft
Lot Depth:
80'10"
Lot Frontage:
24'2"
Water supply:
Municipal
Zoning:
TMH(19)
Heating type:
Baseboard
Garage:
None
Possession Details:
60-90 days
HST Applicable To Sale Price:
In Addition To
Assessment:
$1,115,000
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$23,056 / 2024
Assessment:
$1,115,000.00 / 2024
Ottawa
Ottawa Centre
4103 - Ottawa Centre
Public Transit
No
HWTs
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$175,392
Net Income Before Debt:
$105,149
Expenses Actual/Estimated:
Actual
Hydro Expenses:
$3,126
Insurance Expenses:
$6,218
Tax Expenses:
$24,059
Operating Expenses:
$70,244
Other Expenses:
$4,044
Water Expenses:
$11,293
Year Expenses:
2024
Maintenace Expenses:
$3,011
Major Business Type:
Hospitality/Food Related
Category:
Multi-Use
Franchise:
No
Date Listed:
Jul 14, 2025
Original Price:
Previous Price:
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Listed by ACERTA REALTY INC. and SOLID ROCK REALTY
Data was last updated March 5, 2026 at 03:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.