399 BANK STREET, Ottawa

$1,675,000

For sale: Other

Other at 399 BANK STREET, Ottawa
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

Homes in Ottawa Centre — recent sold market

Homes in Ottawa Centre took a median of 33 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 52, across 78 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $439,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$439,900
Sale-to-list ratio
97.4%
Sold above asking
10%

Based on 78 recorded sales in the last 90 days — 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