502 Bank St

About this Property

Exceptional opportunity to acquire a well-established income property producing apx $300,000 in gross annual income. Located on the vibrant corner of Bank Street and Arlington Ave, this offering includes 502-510 Bank Street and 5 Arlington Avenue, comprising 9 income-generating units: 5 commercial storefronts and 4 residential apartments. The commercial component features a diverse mix of established businesses, including restaurants, retail and a coffee shop, while the residential units consist of two one-bedroom and two bachelor apartments. Ideally situated in a high-visibility, pedestrian-friendly location surrounded by thriving businesses and established residential neighbourhoods. The property has benefited from numerous capital improvements over the years, including roof replacements, resurfaced parking areas and updated mechanical systems. An attractive turnkey investment offering diversified revenue streams in one of Ottawa's most sought-after urban commercial corridors.

Listing Details

MLS #

X14160010

Board

PROPTX

Market

ontario

Property Type

Store W/Apt/Office

Style

Store With Apt/Office

Year Built

51-99

Garage

None

Basement

Y

Heating

Other

Cooling

Part

Lot Size

65.71 × 99.21 ft

Annual Taxes

$51,142/yr

Listed By

SUTTON GROUP - OTTAWA REALTY

Listed On

November 7, 2026