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511 Bank Street, Ottawa, ON 16 photos

$1,269,000

Active
511 Bank Street, Ottawa, ON· Ottawa Centre
2131
Sq Ft

About this Property

Commercial mix-use property with $113,841 net rental income!! This property is located in a central and established urban area, surrounded with numerous retail services and commercial activities. Its just north of Catherine St and the Queensway, minutes to downtown core, and proximate to major employment, recreational, shopping, Parliament Hill, Rideau Canal, Byward Market plus active infill development. The main level of the building features a fit up restaurant with dining area(approx. 40 seats), service counter, food preparation area, public washrooms, and access to a full basement; the second level is a two bedroom apartment with kitchen, three piece washroom. Please do not approach restaurant owner or the employees re- this sale.

Listed by EXP REALTY · MLS# X12330828

Features & Details

Property details of 511 Bank Street, Ottawa, ON

Property TypeCommercial Retail
StyleRetail
Size2131 sq ft

Mortgage Calculator

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%
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Mortgage Payment$6,234/monthly
Principal54%
Interest46%
Principal Amount$1,015,200
Interest$855,065
Total Payable$1,870,265
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$6,234
Mortgage + Expenses$6,234
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$
$
$
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Monthly Cash Flow-$6,234

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

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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