101-103 - 2019 Bank Street
Ottawa, ON K1V 0N1
$769,000
1,416
Square feet
About This Home
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.
Listing information is provided under the CREA Data Distribution Facility and is deemed reliable but is not guaranteed accurate. Not intended to solicit properties already listed for sale or buyers under contract.
