299 Bank Street
299 Bank Street
$5,850,000
$325/sq ft · 73 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $25,488 |
| Property Tax (MLS) | $2,930 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $28,418 |
Down payment: $1,170,000 (20.0%) · Mortgage: $4,680,000
Property tax uses MLS annual tax of $35,156/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ZINATI REALTY INC.
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Data last updated: August 23, 2026 at 04:25 a.m.