Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$1
Available - For Sale
Listing ID: X13773658
363 Bank Street , Ottawa Centre, K2P 1X9, Ottawa
| Unpriced. Please inquire. Bid date to be announced. District Realty is pleased to offer for sale 359-363 Bank Street, Ottawa, ON, a fully leased, two-storey commercial property prominently located at the corner of Bank and Gilmour streets in Ottawa's Centretown neighbourhood. Built circa 1948,t the property offers approximately 11,738 square feet of leasable area and approximately 50 feet of frontage along Bank Street. The building accommodates two street-level retailers, a yoga studio on the upper level, and three storage tenants across the ground and second floors, a diversified mix that provides multiple income streams and reduces reliance on any single tenant or sector. Fully occupied and positioned along one of Ottawa's most enduring commercial corridors, 359-363 Bank Street offers the rare combination of immediate income, strong visibility and lasting location value, a proven urban asset built to perform today and remain relevant for years to come. Centretown is one of Ottawa's most established mixed-use neighbourhoods, anchored by Bank Street's high-traffic commercial corridor. Dense residential population, office employment and steady commuter and visitor traffic support strong, consistent retail demand, while excellent walkability, downtown proximity, HWY 417 access underpin solid long-term investment fundamentals. |
| Price | $1 |
| Taxes: | $61157.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 363 Bank Street , Ottawa Centre, K2P 1X9, Ottawa |
| Postal Code: | K2P 1X9 |
| Province/State: | Ottawa |
| Legal Description: | LT 13, PL 15558 , E/S OF BANK ST ; OTTAW |
| Directions/Cross Streets: | Bank St. & Gilmour St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 11738.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Management Expense: | 21478 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| DISTRICT REALTY CORPORATION |
|
|
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4103 - Ottawa Centre |
| Tax: | $61,157 |
| Fireplace: | N |
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