149-151 Bank Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 4101 - Ottawa Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 34.18 x 84.6 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Turn-key franchised restaurant business in a prime downtown Ottawa location with excellent exposure on Bank Street. Ideally situated within walking distance to Parliament Hill, between Laurier and Slater, and close to the ByWard Market, Elgin Street, and Sparks Street. This well-established franchise offers strong head office support, proven systems, and is easy to operate, making it an excellent opportunity for both experienced operators and first-time business owners. Spacious layout with retail, storage, and office area included.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 149-151 Bank Street, Ottawa Centre, ON K1P 5N7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $199,000 in Ottawa Centre, the legal minimum down payment is $9,950 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 $1,715 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 $1,715.
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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.