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MLS® X13764372
Ottawa, ON
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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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
Days on Market
Current: 58 days
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