196 Bank Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable sale of business 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 $120,000 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
- Spacious lot size measured in Feet
- equipped with partial central cooling and highly efficient other heating
Description
Turnkey retail business opportunity in the heart of downtown Ottawa. Located at 196 Bank Street, Midori Gifts is an established stationery and gift shop offering a variety of stationery, plush toys, keychains, accessories, and specialty gifts. The store features a street-level retail space with large storefront windows, attractive interior displays, and existing shelving and fixtures. Additional basement space provides convenient inventory storage. Situated along Bank Street with excellent street exposure and pedestrian traffic, this location is suitable for continuing the existing business or introducing a different retail concept, subject to landlord approval and applicable regulations. An opportunity for entrepreneurs looking to establish or expand their retail presence in downtown Ottawa.
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Property Summary
This sale of business located at 196 Bank Street, Ottawa Centre is currently for sale and has been available for 8 days. This property is listed at $120,000 with an estimated mortgage of $399* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 196 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.
- •Desirable Sale Of Business architecture in Ottawa Centre, Ottawa Centre
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Ottawa Centre?
If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this sale of business at 196 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.
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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.
Ottawa Centre Buyer Budget & Costs
Estimated mortgage: $399*/month*. Estimated Ontario Land Transfer Tax: $925. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Ottawa Centre
Frequently Asked Questions about 196 Bank Street, Ottawa Centre, ON
Q.What is the asking price for 196 Bank Street, Ottawa Centre, ON ?
The current listing price for 196 Bank Street, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $120,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 196 Bank Street, Ottawa Centre, ON ?
196 Bank Street, Ottawa Centre, ON is a Sale Of Business () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Partial.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
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.
Pricing & Value Insights
Data-driven valuation for 196 Bank Street, Ottawa Centre, ON K2P 1W8
Based on 0 recent similar sales in the pocket.
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 $120,000 in Ottawa Centre, the legal minimum down payment is $6,000 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 $925 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 $925.
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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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