$1,675,000
Available - For Sale
Listing ID: X13654876
399 Bank Street , Ottawa Centre, K2P 1Y3, Ottawa
| 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: | $26578.03 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 3900.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Franchise: | F |
| Management Expense: | 10376 |
| Water Expense: | $6615 |
| Net Income Before Debt: | $112154 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ACERTA REALTY INC. |
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|
Mak Azad
Broker
Dir:
647-831-6400
Bus:
416-298-8383
Fax:
416-298-8303
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4103 - Ottawa Centre |
| Tax: | $26,578.03 |
| Fireplace: | N |
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