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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Ottawa
About 342 Frank Street
Rarely available 6-unit with accessory 7th unit investment property in prime Centretown location. 200K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025.
Ottawa investment priced at $2,395,000 — book a tour to see if it fits your search.
Inside 342 Frank St
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
4015
Listing & possession
Property class
Investment
342 Frank 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® X13527146$2,395,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 342 Frank 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 market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings248Homes for sale here right now.
Median vs prior 90 days+1.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 138 sales from Jul 24 – Oct 22, 2026 (107 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
342 Frank St is listed at $2,395,000 (MLS® X13527146). Summitly updates the price as soon as the MLS® record changes.
Has the price of 342 Frank St changed?
No — 342 Frank St is still listed at its original asking price of $2,395,000.
How many bedrooms and bathrooms does 342 Frank St have?
The listing for 342 Frank St doesn't publish its bedroom and bathroom count. It is a commercial property in Ottawa.
Is 342 Frank St close to transit?
The nearest rapid-transit station is Parliament Station (O-Train Line 1), about 1.1 km (about a 13-minute walk) in a straight line. UOttawa Station is about 1.1 km (about a 14-minute walk), and Lyon Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 342 Frank St compare with other homes in Ottawa?
Its asking price of $2,395,000 is about 437% above the median sold price in Ottawa over the last 90 days, $446,000, across 138 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 342 Frank St been sold before?
Summitly has no earlier MLS® sale or lease of 342 Frank St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 342 Frank St?
342 Frank St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 342 Frank St been on the market?
108 days — 342 Frank St was listed on July 6, 2026.
What is the land transfer tax on 342 Frank St?
About $46,350 in Ontario land transfer tax at the asking price of $2,395,000. 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 342 Frank 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 342 Frank St?
The listing for 342 Frank 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 342 Frank St built?
The listing for 342 Frank St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.