For Sale

480 Bank Street, Ottawa Centre, Ontario K2P 1Z3

$4,200,000

480 Bank Street, Ottawa Centre, Ontario K2P 1Z3 is For Sale and has a listing price of 4,200,000. The property is located in the Ottawa Centre . It's been on the website for 101 Days.

  • Investment
    Property Type
  • MLS ID: X12297055
  • Office Name SHAKER REALTY LTD.
Property Description

Mixed Use Investment in Centretown amongst major redevelopment. Retail area approx. 3450 sf – 1 restaurant space and 1 retail store (2000 sf + 1450 sf) plus 4 residential 2 bedroom apartments (approx. 900 sf each). Roof, apartments and restaurant tenant all renovated in 2011. Windows replaced in 2009. Prime Corner. Financial information provided upon request. Retail Store currently vacant (also for lease) and could be owner occupied investment.

Property Details
  • MLS ID: X12297055
  • Price: $4,200,000
  • Lot Depth: 52.39
  • Transaction Types: For Sale
  • Ref ID: X12297055
  • Year Built: N/A
  • Dir / Cross St: Bank & Flora
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/21/2025 X12297055 $4,200,000 For Sale - -
07/20/2025 X12296154 $4,200 For Rent - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $731,159 Average List Price
    based on 1 year
  • 191 New Listings
    based on 30 days
  • 47 Median Days on Market
    based on 1 year
  • List vs. Selling Price 79.78 % Up
  • Sold (12mo) 160
  • Rented (12mo) 176

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: $16,000
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: tbd
  • Listing Entry Date: 21/07/2025 13:55:53
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