For Sale
391 Bank Street
4103 - Ottawa Centre, Ottawa Centre, ON
$1,950,000
0Bd
4Ba
—sqft
33 x 113.67 ftlot
CommercialMLS# X12944030Listed 2026-04-0120 DOM
About this home
Located in the heart of Ottawa Centretown, directly across from the new James House condo development, a 2-minute drive to HWY 417 / the Glebe and surrounded by dense residential and commercial retail. This completely vacant building offers a ground-level 2,000 sqft retail unit with a separate entrance to the second floor with 2 individual units, and an additional unit in the basement with separate entrance. Each floor is approximately 2,000 sqft. The property includes six tandem rear parking spaces. HVAC systems were replaced, along with new grade-level windows and front doors, in 2016. This property presents an excellent opportunity for owner-users, while also offering the ability to generate additional rental income.
Features
- Yes
Financials
Annual Taxes
$44,503.77
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield1.5% – 4.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Ottawa Centre
Days on market20 days
Buyer's MarketSeller's Market
Based on active listings in Ottawa Centre. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
52
/ 100
Walk Score
Somewhat Walkable
39
/ 100
Transit Score
Some Transit
46
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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