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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 SaleOttawa Centre

511 Bank Street Ottawa, Investment for Sale

MLS® X13764372

Ottawa, ON

58 days on market
$1,269,000
Show on Map
Show on Map
N/ABeds
N/ABaths
2,131Sqft
N/AParking
Investment

Overview· 511 Bank Street Ottawa

MLS® #X13764372

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.

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

Investment

511 Bank Street Ottawa

Ottawa Centre

Type

Investment

Parking

None

Property Tax

~$29,436/yr

Heating

Baseboard

Buying Essentials

Square Feet

2131 sqft

Parking

None

Finances

List Price

$1,269,000

Price per SQFT

$595/sqft

Property Tax

~$29,436/yr

Property Specs

Property Type

Investment

MLS Size

2131 sqft

Living & Amenities

Heating Type

Baseboard

Policies & Utilities

Neighbourhood

Ottawa Centre

Listed On

Sep 10, 2026

Price & Listing History

Days on Market

Current: 58 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.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$5,104/mo
Property Tax$2,453/mo
Total Monthly$7,557

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

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