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$769,000
ActiveAbout this Property
- Along Ottawa's established Bank Street commercial corridor, this 1,416 sq
- High-visibility urban commercial investment with a 6
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.
Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X12805074
About Alta Vista
Alta Vista is one of Ottawa's most established and quietly desirable residential communities, a mature neighbourhood of generous lots, tree-canopied streets, and solid post-war homes that offers exceptional value given its central location. Situated between the Rideau River and the Hospital District corridor along Smyth Road, Alta Vista provides the kind of settled, family-oriented living environment that newer suburbs aspire to replicate.
Features & Details
Property details of 101-103 - 2019 Bank Street, Ottawa, ON
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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