Scout N Secure

$1,269,000

Map

511 Bank Street

Ottawa Centre, Ottawa, Ontario K2P1Z5

For sale· Added

2,131 sqft

About this property

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.

Location

Map data © OpenStreetMap contributors

Upcoming open housesSee all Ottawa open houses

No open houses are scheduled for this property.

Can't make it? Request a private viewing.

Property details

Listing

MLS® number
X13764372
Added
Sep 10, 2026 ()
Updated
Sep 10, 2026 ()
Info refreshed

Overview

Property type
Business

Inside

Heating
Baseboard heaters, Forced air, Natural gas
Cooling
Partially air conditioned
Fireplace
No
Appliances
Dishwasher

Land

Lot size
32 x 94.75 ft
Zoning
MS1 H(30)

Services

Water
Municipal water

Location

Cross streets
Bank x St Catherine
Directions
east of bank st.

Running costs

Annual property tax (2026)
$29,436

Ask about this property

$1,269,000
511 Bank Street
Request a viewing

Similar properties in Ottawa