High-visibility urban commercial investment with a 6.5% cap rate, offering stable income and long-term corridor appeal. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. asset provides investors with exposure to a prominent main street location supported by surrounding residential density and consistent consumer activity. Its designation within a Major Transit Station Area and Mixed Use policy framework under the Official Plan further reinforces the property's connection to long-term urban growth and intensification. With one year remaining on the existing lease, the property is generating stable annual net income of approximately $47,500, while a two-year renewal option adds near-term continuity and future upside at rollover. Supported by durable demand drivers and a well-established corridor, this offering represents a disciplined acquisition for investors seeking resilient urban commercial real estate. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.
Address
101-103 - 2019 Bank Street
List Price
$769,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Hunt Club - South Keys and Area
Sub-Area
3803 - Ellwood
Region
Ottawa
Lot Size Source
MPAC
Lot Depth
164
Lot Type
Lot
Lot Size Units
Feet
Lot Width
175
Total Building Area
1416
Occupant Type
Tenant
Cross Street
Ledbury Ave.
MLS® Number
X12805074
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K1V 0N1
Posession Details
Possession T.B.A.
Tax Amount
$2,947.22
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
None
Security Features
Yes
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