8715 BANK STREET, Ottawa
$1,800,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X12701800
- Neighbourhood
- 1604 - Vernon
Excellent investment opportunity in Rural Ottawa. This rare -acre Village Mixed-Use (VM) zoned property offers 165 feet of prime Bank Street frontage with a highly desirable rectangular configuration, delivering outstanding visibility and access.The property consists of two separate buildings. The commercial building is fully leased with three established tenants (including a C-store with LCBO/BEER STORE operation) and offers potential for a fourth unit, providing strong and stable income. The detached 3-bedroom residential home is consistently tenanted and features a separate entrance to a finished basement, adding further income flexibility. An ideal acquisition for investors seeking reliable cash flow and potential for future development. NOI $100,000.00
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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 8715 BANK STREET
$1,800,000
Other14 MARIER AVENUE, 3402 - Vanier, Ottawa
$2,095,000
Other8 ASA STREET, 801 - Kemptville, North Grenville
$1,800,000
Other215 MAIN STREET N, 719 - Alexandria, North Glengarry
$2,300,000
Other829 NOTRE DAME STREET, 602 - Embrun, Russell
$1,599,900
Other1315 BROOKDALE AVENUE, 717 - Cornwall, Cornwall
$2,198,000
Other350 BOOTH STREET, 4205 - West Centre Town, Ottawa
$1,475,000
Other21240 BANK STREET, 4403 - Old Ottawa South, Ottawa
$2,450,000
Other499 PRESTON STREET, 4502 - West Centre Town, Ottawa