For Sale

299 Bank Street, Ottawa Centre, Ontario K2P 1X7

$0

299 Bank Street, Ottawa Centre, Ontario K2P 1X7 is For Sale and has a listing price of 5,850,000. The property is located in the Ottawa Centre . It's been on the website for 24 Days.

  • MLS ID: X12407746
  • Office Name ZINATI REALTY INC.
Property Description

Two storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. Long standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second floor office tenant has approx. 6,000 SF of creative open concept office space which includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for purchaser to occupy part or whole building. No options to renew in place but both tenants willing to stay. This property sits on a 55′ x 115′ lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a 10 minute walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

Property Details
  • MLS ID: X12407746
  • Price: $5,850,000
  • Lot Depth: 115
  • Transaction Types: For Sale
  • Ref ID: X12407746
  • Year Built: N/A
  • Dir / Cross St: Bank Street & Somerset Street
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
09/16/2025 X12407746 $5,850,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $726,425 Average List Price
    based on 1 year
  • 152 New Listings
    based on 30 days
  • 48 Median Days on Market
    based on 1 year
  • List vs. Selling Price 75.95 % Up
  • Sold (12mo) 161
  • Rented (12mo) 174

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $85,916
  • Last Status New
  • Original Price: $5,850,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30-60 Days
  • Listing Entry Date: 16/09/2025 20:28:57
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