$3,500/mo
For rent: Apartment

506-1014 Bank Street is not your typical condo rental. This three-level penthouse in the heart of the Glebe offers approximately 1,697 sq. ft. of living space, with 2 bedrooms plus a den, 2.5 bathrooms and a layout that creates real separation between living, working and sleeping spaces. The main level brings together the kitchen, dining and living areas. The upper level with the second bedroom and den works well for guests, a home office or anyone looking for a little more privacy, while the oversized primary bedroom occupies its own level alongside the in-suite laundry. With a bathroom on every floor, the layout feels much more like a home than a traditional apartment. The kitchen was updated in 2023 with new cabinetry, countertops and backsplash, followed by a new stove/range in 2025. Hardwood flooring, central air and one underground parking space complete the unit. Ten14 was designed with sustainability in mind, including geothermal heating and cooling, passive-solar design elements, triple-pane windows and enhanced acoustic separation between units. 4 total storage units in total. One on each floor and one attached to the parking spot-unreal storage. And then there is the location. 506-1014 Bank Street sits directly across from Lansdowne and TD Place, with Whole Foods, GoodLife, Cineplex, Bank Street restaurants and shops all nearby. The Rideau Canal and its walking, cycling and winter skating routes are just outside the neighbourhood. The address carries a 98 Walk Score and 90 Bike Score. Available November 1, 2026 for $3,500/month. Heat, water and one underground parking space (#18) are included.
Sold data
Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 64, across 343 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.
The median sale price was $399,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 343 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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