1196 Bank Street, Glebe - Ottawa East and Area, ON K1S 3Y1
4403 - Old Ottawa South, Glebe - Ottawa East and Area · Near Bank St., between Grove Ave. and Chesley Ave. · View map
About this home
Priced to sell at $36,900! Established take-out restaurant for sale on busy Bank Street in the Glebe, one of Ottawa's most walkable, high-traffic neighbourhoods. Currently operating as a halal smash burger concept, but the space and equipment suit many other food businesses: café, bubble tea, shawarma, sandwich or wrap shop, dessert bar, pizza, breakfast spot, ghost kitchen and more. Sale includes the business, goodwill and a full commercial kitchen equipment package: freezers, refrigerators, sandwich prep fridge, two Eurodib flat-top grills, induction cooker, Vent-A-Hood exhaust fans, commercial ice machine, prep tables, triple sink, grease trap, cup sealing machine, TV menu screens, coffee machines, mixers and more. Lease in place until June 2029 with basement storage room included; assignment and any change of concept subject to landlord approval. Skip the cost of a new build-out and launch your own concept on one of Ottawa's best-known commercial streets. Inventory not included. Business sale only; real property not included.
The home
- Type
- Sale of business
- Lot size
- 10 x 77.9 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Bank St., between Grove Ave. and Chesley Ave.
- Neighbourhood
- 4403 - Old Ottawa South
More
- MLS® number
- X14124674
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1196 Bank Street, Glebe - Ottawa East and Area, ON K1S 3Y1
4403 - Old Ottawa South, Glebe - Ottawa East and Area · Near Bank St., between Grove Ave. and Chesley Ave.
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Listing history for 1196 Bank Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1196 Bank Street
Answers come straight from this home’s MLS® listing.
How much is 1196 Bank Street listed for, and what would it cost each month?
1196 Bank Street is listed for $36,900. With 20% down ($7,380), the mortgage payment would be roughly $149 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $172 a month, all in. That figure is an illustration, not a quote.
Is 1196 Bank Street freehold or a condo, and is there a monthly fee?
1196 Bank Street is a sale of business in 4403 - Old Ottawa South, Glebe - Ottawa East and Area. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1196 Bank Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 1196 Bank Street?
1196 Bank Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1196 Bank Street, and what is the lot size?
The lot is listed as 10 x 77.9 ft.
How is 1196 Bank Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
Where is 1196 Bank Street?
1196 Bank Street is in the 4403 - Old Ottawa South community of Glebe - Ottawa East and Area. The nearest main intersection is Bank St., between Grove Ave. and Chesley Ave.. The postal code is K1S 3Y1.
Is 1196 Bank Street still for sale?
Yes. It is an active listing (MLS® X14124674). Listings here update from the board through the day and come down once a home sells.
What have homes at 1196 Bank Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1196 Bank Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: ROYAL LEPAGE INTEGRITY REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.