290 Bank Street, Ottawa Centre, ON K2P 1X6
4102 - Ottawa Centre, Ottawa Centre · Near Located at the intersection of Bank Street and Somerset Street West. · View map
About this home
Iconic Centre Town location available as an asset sale with lease assumption, situated at the high-visibility corner of Bank Street and Somerset Street West. This turn-key, beautifully finished space offers a contemporary interior ideal for a quick-service retail business.The 1,750 sq. ft. unit is positioned directly on the northwest corner of the intersection and features high ceilings, two bathrooms, a kitchen prep area, a service counter, and ample bench and chair seating. This is a rare opportunity to secure lease rights to a prime retail corner and elevate your business in one of Ottawa's most vibrant urban districts.Enjoy exceptional exposure with high pedestrian and vehicular traffic in the heart of the city. The existing lease runs until June 2028, providing strong long-term stability for the new operator.The lease is triple net (NNN) with a current base rent of $5,700 per month, the additional rent is $2,354 for building operating costs, HST, insurance, etc.
The home
- Type
- Sale of business
- Square footage
- 1750 sq ft
- Lot size
- 37.5 x 98.9 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Electric Forced Air
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Located at the intersection of Bank Street and Somerset Street West.
- Neighbourhood
- 4102 - Ottawa Centre
More
- MLS® number
- X13084316
No matching details. Ask Will instead
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.
290 Bank Street, Ottawa Centre, ON K2P 1X6
4102 - Ottawa Centre, Ottawa Centre · Near Located at the intersection of Bank Street and Somerset Street West.
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 290 Bank Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 290 Bank Street
Answers come straight from this home’s MLS® listing.
How much is 290 Bank Street listed for, and what would it cost each month?
290 Bank Street is listed for $20,000. With 20% down ($4,000), the mortgage payment would be roughly $81 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $93 a month, all in. That figure is an illustration, not a quote.
Is 290 Bank Street freehold or a condo, and is there a monthly fee?
290 Bank Street is a sale of business in 4102 - Ottawa Centre, Ottawa Centre. 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 290 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 290 Bank Street?
290 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 290 Bank Street, and what is the lot size?
The lot is listed as 37.5 x 98.9 ft.
How is 290 Bank Street heated and cooled?
Heating is electric forced air. Cooling is yes.
Where is 290 Bank Street?
290 Bank Street is in the 4102 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Located at the intersection of Bank Street and Somerset Street West.. The postal code is K2P 1X6.
Is 290 Bank Street still for sale?
Yes. It is an active listing (MLS® X13084316). Listings here update from the board through the day and come down once a home sells.
What have homes at 290 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 290 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.