$2,399,000
For sale: Other

Rare commercial holding offering high-exposure frontage on Bank Street. Spanning nearly 1.6 acres, this corner lot features versatile Heavy Industrial zoning, accommodating a broad range of intensive commercial, industrial, equipment, and yard storage uses. Garage space with 10' clear ceiling height, room for 4 hoists and throughway bay doors. The main facility is in turn-key condition following extensive capital improvements and modern interior renovations. Fully renovated offices, modern kitchenette, and a updated 3-piece washroom. Designed with two distinct lobbies/entrances, the layout offers seamless operational flexibility for a single user, co-tenants, or immediate dual-tenant income streams. New durable metal roof, complete Wi-Fi extender coverage, and a new security system. In a rapidly developing area, this property offers both immidiate use and future growth potential.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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.
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
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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