797-801 Bank Street
OTTAWA, ON

797-801 Bank Street

OTTAWA, ON

PROPERTY DETAILS
Lot Size: 5,231 sf (52.62 ft frontage x 104.74 ft depth)
Building Area: Approx. 2,700 sf main floor & 600 sf second floor
NOI: $175,742 (2024)
Realty Taxes: $31,508.75 (2024)
Asking Price: $3,500,000
797-801 Bank Street
OTTAWA, ON

PROPERTY HIGHLIGHTS
Positioned on the east side of Bank Street between Third and Fourth Avenues.
Parking at rear for 5 cars on site.
Leased to 3 established tenants.
Good quality interior fit up by all tenants
Roof is 7-8 years old; replaced both flat roof and shingles
Tenants pay hydro and heat (gas)
Each tenant installed their own HVAC units.
Zoning: TM3 - Traditional Mainstreet

PROPERTY OVERVIEW
Prime commercial building in the heart of the Glebe - one of Ottawa’s trendiest neighbourhoods! A vibrant mix of restaurants, shops and tree lined streets with a rich history. The building is leased to 3 established tenants including Little Victories Cafe, Magpie Jeweller, and Viens Avec Moi Clothing (view lease terms on the following page below). Ideal investment opportunity.

Lease and Rent Information:
Total Gross Income: 

$216,600/Year (as of July 1/2025)

Total Expense:

$39,658 (2025)

NOI: $216,600 - $39,658 = $176,942 (2025)

Contact: Gary Shaker