$230,000
304 - 475 Laurier Avenue W
Ottawa Centre, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 24
$1,675,000
399 Bank Street
Ottawa Centre, Ottawa, ON K2P1Y3 · MLS® X13654876
- 3,900 square feetLiving area
About this property
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. (id:65933)
- Type
- Retail
- Category
- Retail
- Annual taxes
- $26,578
- Updated
- Aug 27, 2026
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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.
Listed by Acerta Realty Inc..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
