Property Details

Description

 Price: $ 769,000.00 MLS®: X12805074         Location : 2019 Bank Street 101-103, Hunt Club - South Keys and Area, ON K1V 0N1

High-visibility urban commercial investment with a 6.5% cap rate, offering stable income and long-term corridor appeal. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. asset provides investors with exposure to a prominent main street location supported by surrounding residential density and consistent consumer activity. Its designation within a Major Transit Station Area and Mixed Use policy framework under the Official Plan further reinforces the property's connection to long-term urban growth and intensification. With one year remaining on the existing lease, the property is generating stable annual net income of approximately $47,500, while a two-year renewal option adds near-term continuity and future upside at rollover. Supported by durable demand drivers and a well-established corridor, this offering represents a disciplined acquisition for investors seeking resilient urban commercial real estate. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.

Location Description

Ledbury Ave.

Property Details
  • Community: 3803 - Ellwood
  • Property Type: Tenant/Commercial
  • Garages: None
Building Features
Features
  • Heating: Gas Forced Air Closed

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP

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