
Welcome to this remarkable commercial retail located in the coveted neighborhood of Ottawa Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Unpriced. Please inquire. Bid date to be announced. District Realty is pleased to offer for sale 359-363 Bank Street, Ottawa, ON, a fully leased, two-storey commercial property prominently located at the corner of Bank and Gilmour streets in Ottawa's Centretown neighbourhood. Built circa 1948,t the property offers approximately 11,738 square feet of leasable area and approximately 50 feet of frontage along Bank Street. The building accommodates two street-level retailers, a yoga studio on the upper level, and three storage tenants across the ground and second floors, a diversified mix that provides multiple income streams and reduces reliance on any single tenant or sector. Fully occupied and positioned along one of Ottawa's most enduring commercial corridors, 359-363 Bank Street offers the rare combination of immediate income, strong visibility and lasting location value, a proven urban asset built to perform today and remain relevant for years to come. Centretown is one of Ottawa's most established mixed-use neighbourhoods, anchored by Bank Street's high-traffic commercial corridor. Dense residential population, office employment and steady commuter and visitor traffic support strong, consistent retail demand, while excellent walkability, downtown proximity, HWY 417 access underpin solid long-term investment fundamentals.
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This commercial retail located at 363 Bank Street, Ottawa Centre is currently for sale and has been available on SousaSells for 5 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 363 Bank Street, Ottawa Centre is in the Ottawa Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ottawa Centre, Ottawa Centre.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this commercial retail at 363 Bank Street, Ottawa Centre, ON offers an exceptional opportunity to buy a home in Ottawa Centre, Ontario. Whether you are a first-time Ottawa Centre home buyer or comparing active Ottawa Centre MLS® homes for sale, working with a dedicated Ottawa Centre buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Ottawa Centre real estate listings, compare active Ottawa Centre houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Ottawa Centre realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $0*/month*. Estimated Ontario Land Transfer Tax: $0. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
The current listing price for 363 Bank Street, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $1.
This property features null bedrooms and null bathrooms.
363 Bank Street, Ottawa Centre, ON is a Commercial Retail () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Yes.
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Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 363 Bank Street, Ottawa Centre, ON K2P 1X9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.
About Purchasing a Home in Ottawa Centre, ON
For a property listed at $1 in Ottawa Centre, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Ottawa Centre, Ottawa Centre.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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