101 - 1637 BANK STREET, Ottawa

$28/sqft

For rent: Other

Other at 101 - 1637 BANK STREET, Ottawa
Property type
Commercial Retail
MLS®
MLS® X13164236
Neighbourhood
3801 - Ridgemont

Rare MS2-Zoned Commercial Space - 4,226 SF on Bank Street. Exceptional leasing opportunity along a high-visibility Bank Street commercial corridor. This approximately 4,226-square-foot space offers strong vehicle exposure, pedestrian traffic, large windows, eight on-site surface parking spaces and convenient public-transit access. The premises will be delivered in base-building condition with raw concrete floors and ceilings, providing flexibility for tenant improvements. MS2 zoning supports a broad range of potential commercial and community uses, subject to confirmation of the proposed use, applicable zoning provisions, parking requirements, building-code compliance and governmental approvals. Potential uses may include retail, professional office, medical or wellness services, instructional uses, personal services and other permitted commercial uses. Base Rent is $28.00 per square foot per year. Additional Rent is approximately $15.00 per square foot per year and includes property taxes, garbage removal, snow removal, water, HVAC maintenance, management fees and gas. Hydro and applicable HST are additional. Tenant and Tenant's representative shall independently verify measurements, zoning, permitted use, parking requirements and suitability of the premises.

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 101 - 1637 BANK STREET