




2,131 sqft
C$1,269,000
511 Bank Street, Ottawa Centre ON, K2P 1Z5
Price per sqftC$595.50
Property size2,131 sqft
Property typeCommercial
Overview
Active
New
Listed Sep 10, 2026
Updated 4 weeks ago
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.
Other Property Details
- Taxes
- $29,436
- Tax Frequency
- Annually
Courtesy of Listed by , EXP REALTY,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2026 Toronto Real Estate Board. All rights reserved.
Data last updated 4:48 AM UTC, 9/11/2026