399 Bank Street, Ottawa Centre, ON K2P 1Y3
4103 - Ottawa Centre, Ottawa Centre · Near Bank Street & Waverley Street West · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 3900 sq ft
- Lot size
- 24.2 x 80.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $26,578/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Bank Street & Waverley Street West
- Neighbourhood
- 4103 - Ottawa Centre
More
- MLS® number
- X13654876
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.
399 Bank Street, Ottawa Centre, ON K2P 1Y3
4103 - Ottawa Centre, Ottawa Centre · Near Bank Street & Waverley 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 399 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 399 Bank Street
Answers come straight from this home’s MLS® listing.
How much is 399 Bank Street listed for, and what would it cost each month?
399 Bank Street is listed for $1,675,000. With 20% down ($335,000), the mortgage payment would be roughly $6,756 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,971 a month, all in. That figure is an illustration, not a quote.
Is 399 Bank Street freehold or a condo, and is there a monthly fee?
399 Bank Street is a commercial retail in 4103 - 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 399 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 399 Bank Street?
399 Bank Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 399 Bank Street, and what is the lot size?
The lot is listed as 24.2 x 80.8 ft.
How is 399 Bank Street heated and cooled?
Heating is baseboard. Cooling is partial.
What are the property taxes for 399 Bank Street?
Property taxes are $26,578 a year (2026), or about $2,215 a month.
Where is 399 Bank Street?
399 Bank Street is in the 4103 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Bank Street & Waverley Street West. The postal code is K2P 1Y3.
Is 399 Bank Street still for sale?
Yes. It is an active listing (MLS® X13654876). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 399 Bank Street asking?
Similar properties for sale nearby right now include 511 Bank Street at $1,269,000, 475 MacLaren Street at $1,696,000 and 548 Maclaren Street at $1,475,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 399 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 399 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.
Similar properties nearby
More properties for sale near 4103 - Ottawa Centre, picked by style, size and price.
Investment$1,269,000511 Bank Street, Ottawa Centre4103 - Ottawa CentreCourtesy of: EXP REALTYView home →
Investment$1,696,000475 MacLaren Street, Ottawa Centre4103 - Ottawa CentreCourtesy of: LPT REALTYView home →
Investment$1,475,000548 Maclaren Street, Ottawa Centre4103 - Ottawa CentreCourtesy of: ROYAL LEPAGE TEAM REALTYView home →Courtesy of: ACERTA REALTY INC.
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.