1542 BANK STREET, Ottawa

$5,500/mo

For rent: Other

Other at 1542 BANK STREET, Ottawa
Property type
Commercial Retail
MLS®
MLS® X14136956
Neighbourhood
4601 - Billings Bridge

PRIME COMMERCIAL LEASING OPPORTUNITY - EXCEPTIONAL BANK STREET EXPOSURE! An outstanding opportunity to lease approximately 1,000 sq. ft. of commercial space in a freestanding, standalone corner building ideally situated along the highly visible and well-travelled Bank Street. Offering excellent street exposure, strong visibility, and convenient accessibility, this property is ideally suited for a wide variety of commercial businesses. The property includes 6 dedicated on-site parking spaces, with parking included in the rent - a valuable feature for both customers and employees. Zoned AM - Arterial Mainstreet (Sections 185-186), the property permits a broad range of potential commercial uses, including but not limited to convenience stores, restaurants, car dealerships, car rental agencies, professional offices, daycares, and many other permitted uses. Lease Details: Approx. 1,000 sq. ft. of commercial space, Freestanding corner building, Excellent Bank Street exposure and visibility, 6 on-site parking spaces included in the rent, Zoning: AM - Arterial Mainstreet. Net Rent: $5,500 /month, Immediate occupancy available. An excellent opportunity for businesses looking to establish or expand their presence in a high-exposure Bank Street location. Don't miss this opportunity!

Sold data

Homes in Ottawa — recent sold market

Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $644,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$644,900
Sale-to-list ratio
97.9%
Sold above asking
10%

Based on 2,349 recorded sales in the last 90 days. 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 1542 BANK STREET