511 BANK STREET - Main photo, Ottawa, Ontario

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$1,269,000

511 BANK STREET — Ottawa, Ontario

K2P1Z5

EXP REALTY

2,131Sq Ft

About This Property

Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale. (id:63357)

EXP REALTY

Property Location

Map

Property Details

Property Type: Commercial
Living Area: 2,131 sqft
Status: Active

Location & Neighborhood

What's nearby 511 BANK STREET

Nearby Schools

Elgin Street
School
0.6 km
First Avenue
School
0.7 km
Corpus Christi
School
1.0 km
Mutchmor
School
1.1 km
Immaculata
School
1.0 km

Parks & Recreation

Central Park
park
0.4 km
Arlington Park
park
0.5 km
Exploration Garden
park
0.5 km

Transit Access

Bank / Arlington
Bus Stop
27m
Bank / Flora
Bus Stop
54m
Catherine / Bank
Bus Stop
84m
Bank / Catherine
Bus Stop
0.1 km
Bank / Gladstone
Bus Stop
0.2 km

Local Amenities

Dining

GoGiYa Sushi n Poké28m
Wilf & Ada's29m

Pharmacy

Flora Medical Pharmacy45m
Shoppers Drug Mart0.2 km

Coffee & Cafes

Real Fruit Bubble Tea55m

Fitness

Ottawa Fight & Fitness0.1 km
Wheelhouse0.2 km

POI data updated 9/11/2026

Ottawa Market Snapshot

4,294

Active Listings

$634K

MLS® HPI Benchmark

Source: Ottawa Real Estate Board, July 2026.

Last updated: Sep 10, 2026

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