2019 Bank Street, Unit 101-103
2019 Bank Street, Unit 101-103
$769,000
$543/sq ft · 152 days on market
About This Listing
High-visibility urban commercial investment with a 6.5% cap rate, offering stable income and long-term corridor appeal. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. asset provides investors with exposure to a prominent main street location supported by surrounding residential density and consistent consumer activity. Its designation within a Major Transit Station Area and Mixed Use policy framework under the Official Plan further reinforces the property's connection to long-term urban growth and intensification. With one year remaining on the existing lease, the property is generating stable annual net income of approximately $47,500, while a two-year renewal option adds near-term continuity and future upside at rollover. Supported by durable demand drivers and a well-established corridor, this offering represents a disciplined acquisition for investors seeking resilient urban commercial real estate. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.
| Monthly Mortgage (P&I) | $3,350 |
| Property Tax (MLS) | $246 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $3,596 |
Down payment: $153,800 (20.0%) · Mortgage: $615,200
Property tax uses MLS annual tax of $2,947/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Park Place on Patricia Towns
Red Bricks Databy Mattamy Homes · 451 Patricia Avenue
Maint. Fees
0.00
Listing provided by RE/MAX HALLMARK REALTY GROUP
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Data last updated: August 23, 2026 at 04:26 a.m.