$1,499,999
11 Third Avenue
Glebe, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
1 / 24
$80,000
B - 889 Bank Street
Glebe, Ottawa, ON K1S3W4 · MLS® X13631668
About this property
Turnkey resale/thrift retail business for sale in the heart of The Glebe on iconic Bank Street. Approx. 1,028 sq ft of well-located retail space with an established customer base and strong neighbourhood foot traffic. Business assets, fixtures, brand and goodwill included in the sale. Bonus income: a separate 200 sq ft lower-level room, the Portal Room, is rented out for events and short-term bookings, generating an estimated $1000 dollars per month, tracked separately from retail sales. Lease in place with landlord; remaining term available for review by qualified purchasers. Financials available to qualified purchasers upon execution of a confidentiality agreement. Do not go direct or speak to staff - all showings and inquiries through listing brokerage only. (id:65933)
- Type
- Business
- Category
- Business
- Updated
- Aug 3, 2026
Run the numbers
A quick investor's view. Change any figure; we'll do the full analysis with you.
Mortgage / mo–
Property tax / mo–
Net operating income / yr–
Cash flow / mo–
Cap rate–
Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
