399 BANK STREET, Ottawa
$1,675,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13654876
- Neighbourhood
- 4103 - Ottawa Centre
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.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 399 BANK STREET
$1,425,000
Other698 COOPER STREET, 4102 - Ottawa Centre, Ottawa
$1,900,000
Other843-839 SOMERSET STREET W, 4204 - West Centre Town, Ottawa
$1,490,000
Other827 SOMERSET STREET W, 4204 - West Centre Town, Ottawa
$1,325,000
Other95 TEMPLETON STREET, 4004 - Sandy Hill, Ottawa
$1,175,000
OtherB1-B2 - 2212 GLADWIN CRESCENT, 3705 - Sheffield Glen/Industrial Park, Ottawa
$2,595,000
Other806 GREENBANK ROAD, 7701 - Barrhaven - Pheasant Run, Ottawa
$1,490,000
Other827 SOMERSET STREET W, 4204 - West Centre Town, Ottawa
$1,490,000
Other827 SOMERSET STREET W, 4204 - West Centre Town, Ottawa