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$1,675,000
Available - For Sale
Listing ID: X13654876
A rare investment opportunity in a prime location, a mixed-use property featuring an established restaurant (triple NET lease) on the ground floor and six residential apartments upstairs (tenants pay individual heat and hydro, water is included), offering immediate, reliable rental income. With a strong tenant mix and the stability of a proven business below, this is a turnkey opportunity for investors or owner-operators seeking long-term value in a prime urban location.
Price $1,675,000
Taxes: $26,578.03
Tax Type: Annual
Occupancy by: Tenant
Address: 399 Bank Street , Ottawa Centre, K2P 1Y3, Ottawa
Postal Code: K2P 1Y3
Province/State: Ottawa
Directions/Cross Streets: Bank Street & Waverley Street West
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 3,900
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Franchise: F
 Management Expense: 10376
Maintenance: 0
Water Expense: $6615
Net Income Before Debt: $112154
Expenses Actual/Estimated: $Act
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ACERTA REALTY INC.

399 Bank Street , Ottawa Centre, K2P 1Y3, Ottawa

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Commercial Retail
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style:
Lot Size: x 80.81(Feet)
Approximate Age:
Tax: $26,578.03
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949