Ottawa, ON · · MLS® X14160010Updated
$3,750,000
502 Bank St is a commercial in Ottawa, listed for $3,750,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
Ottawa commercial priced at $3,750,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: SUTTON GROUP - OTTAWA REALTY, BrokerageMLS® X14160010 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Homes for sale in Ottawa
Every active Ottawa MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 128 sales from Aug 9 – Nov 7, 2026 (116 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
502 Bank St is listed at $3,750,000 (MLS® X14160010). Summitly updates the price as soon as the MLS® record changes.
No — 502 Bank St is still listed at its original asking price of $3,750,000.
The listing for 502 Bank St doesn't publish its bedroom and bathroom count. It is a commercial property in Ottawa.
Its asking price of $3,750,000 is about 760% above the median sold price in Ottawa over the last 90 days, $436,000, across 128 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.
Summitly has no earlier MLS® sale or lease of 502 Bank St on record from the last two years. Older records aren't shown under TRREB rules.
502 Bank St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
502 Bank St was listed today (November 7, 2026).
About $80,225 in Ontario land transfer tax at the asking price of $3,750,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 502 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.
The listing for 502 Bank St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
