$230,000
304 - 475 Laurier Avenue W
Ottawa Centre, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 17
$1,269,000
511 Bank Street
Ottawa Centre, Ottawa, ON K2P1Z5 · MLS® X13764372
- 2,131 square feetLiving area
About this property
Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale. (id:65933)
- Type
- Business
- Category
- Business
- Annual taxes
- $29,436
- Updated
- Sep 10, 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.
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.
