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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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511 Bank Street Ottawa
For SalePrice DropOttawa Centre

511 Bank Street Ottawa, Commercial Retail for Sale

MLS® X12330828

Ottawa, ON

456 days on market
$1,269,000
Previously $1,299,000
Show on Map
Show on Map
N/ABeds
N/ABaths
2,131Sqft
N/AParking
Commercial Retail

Overview· 511 Bank Street Ottawa

MLS® #X12330828

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.

Inclusions

Fridge & Stove on the upper level, 1 HWT (rental), AC for the upper level (rental), Furnace, Hood in the restaurant kitchen, dishwasher with the sink in the restaurant kitchen

Exclusions

Tenant's belongings, wall AC in the restaurant, 1 HWT, all restaurant equipment (except the hood and dishwasher and sink), grease trapper in the basement, walk-in fridge in the basement, washer and dryer

Broker

EXP REALTY

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Walk Score®99Walker's ParadiseWalker's Paradise
Transit Score®63Good TransitGood Transit
Bike Score®99Biker's ParadiseBiker's Paradise
Schools8319 schools within 1.5 km · nearest 241 m19 schools within 1.5 km · nearest 241 m
Parks7314 parks within 1 km · nearest 434 m14 parks within 1 km · nearest 434 m
Convenience8537 groceries, cafes and pharmacies within 1 km · nearest 112 m37 groceries, cafes and pharmacies within 1 km · nearest 112 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 511 Bank Street Ottawa

Source: MLS® listing data
511 Bank Street Ottawa

Commercial Retail

511 Bank Street Ottawa

Ottawa Centre

Type

Commercial Retail

Parking

None

Property Tax

~$28,488/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

2131 sqft

Parking

None

Finances

List Price

$1,269,000

Price per SQFT

$595/sqft

Property Tax

~$28,488/yr

Property Specs

Property Type

Commercial Retail

MLS Size

2131 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Ottawa Centre

Listed On

Aug 7, 2025

Price & Listing History

Days on Market

Current: 456 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 511 Bank Street Ottawa.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$5,104/mo
Property Tax$2,374/mo
Total Monthly$7,478

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0