How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Ottawa
About 196 Bank Street
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.
Ottawa business priced at $120,000 — book a tour to see if it fits your search.
Inside 196 Bank St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
196 Bank St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14119156$120,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 196 Bank St Compares to the Ottawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings243Homes for sale here right now.
Median vs prior 90 days+0.2%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 143 sales from Jul 29 – Oct 27, 2026 (111 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
196 Bank St is listed at $120,000 (MLS® X14119156). Summitly updates the price as soon as the MLS® record changes.
Has the price of 196 Bank St changed?
No — 196 Bank St is still listed at its original asking price of $120,000.
How many bedrooms and bathrooms does 196 Bank St have?
The listing for 196 Bank St doesn't publish its bedroom and bathroom count. It is a commercial property in Ottawa.
Is 196 Bank St close to transit?
The nearest rapid-transit station is Parliament Station (O-Train Line 1), about 420 m (about a 5-minute walk) in a straight line. Lyon Station is about 490 m (about a 6-minute walk), and Rideau Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 196 Bank St compare with other homes in Ottawa?
Its asking price of $120,000 is about 73% below the median sold price in Ottawa over the last 90 days, $440,000, across 143 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 196 Bank St been sold before?
Summitly has no earlier MLS® sale or lease of 196 Bank St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 196 Bank St?
196 Bank St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 196 Bank St been on the market?
5 days — 196 Bank St was listed on October 22, 2026.
What is the land transfer tax on 196 Bank St?
About $925 in Ontario land transfer tax at the asking price of $120,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 196 Bank St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 196 Bank St?
The listing for 196 Bank St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Ottawa.
When was 196 Bank St built?
The listing for 196 Bank St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.