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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 83 days

    Unit 501 — 1050 Bank Street

    Old Ottawa South·Ottawa, ON·K1S 3X2·Near Bank and Sunnyside

    • 3 beds
    Ottawa real estate›X12406623
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to The Bradshaw on Bank a stunning 3-bedroom, 2-level penthouse suite on the sought-after northeast corner. Enjoy breathtaking views of the Rideau Canal, Lansdowne Park, and Bank Street from this modern and spacious apartment. Large terrace for outdoor entertaining or dining. The main level offers an open and bright living space, while the bedrooms are privately located on the upper penthouse level. Convenience abounds with in-suite laundry and underground parking available, including EV charging ($275) or outdoor parking ($200). This newer building combines style, comfort, and location in the heart of the city. Available December 1st.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Enjoy breathtaking views of the Rideau Canal, Lansdowne Park, and Bank Street from this modern and spacious apartment.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Sep 16, 2025ListedCurrentFor sale$4,400 —X12406623This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Heat Pump
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 501 — 1050 Bank Street
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $22
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $2
    0.66% mill rate · ON
    The market

    How this home sits in the Ottawa market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ottawa market right now

    Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.

    • Avg sold price
      $728,747
      Last 30 days
    • Median sold price
      $651,536
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      3,023
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 501 — 1050 Bank Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 501 — 1050 Bank Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 501 — 1050 Bank Street listed for?

      Unit 501 — 1050 Bank Street is listed at $4,400 on the MLS® (listing X12406623). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 501 — 1050 Bank Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 1100-1500 sqft
  3. Multiplex
  4. Asking
    $4,400
    $0 / sqft · MLS® X12406623
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $728,747
    $670,447Confidence range$787,047
    Asking vs estimate
    ↓below
    −$724,347
    (-99.4%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Ottawa sell in about 29 days — this one has been listed 83 days.

    Avg sold price
    $728,747
    Median sold
    $651,536
    Avg days on market
    29
    Recently sold
    3023
    See comparable sales
    Large terrace for outdoor entertaining or dining.
  6. The main level offers an open and bright living space, while the bedrooms are privately located on the upper penthouse level.
  7. Convenience abounds with in-suite laundry and underground parking available, including EV charging ($275) or outdoor parking ($200).
  8. Ask Zara a follow-up
    Sewer
  9. Parking & garage

    3
    Garage
    Other
    Garage spaces
    21
    Parking spaces
    30
  10. Interior

    5
    Basement
    Other
    Family room
    N
    Kitchens
    1
    Total rooms
    9
    Furnished
    Unfurnished
  11. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Other
    Foundation
    Concrete
    Pool
    None
  12. Listing & possession

    3
    Possession
    2025-12-01T00:00:00.000-00:00
    Property style
    2-Storey
    Property class
    Multiplex
  13. Combined estimate
    $24
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $22
    /mo
    based on the purchase price of $4,400
    $880 cash
    $3,520 financed
    $2,965 total interest
    Monthly payment$22/ month
    Principal54%$3,520
    Interest46%$2,965

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    Comparable multiplexs that just sold in Ottawa

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 681,683,685 Cole Avenue
      Sold
      Sign in for price
      681,683,685 Cole Avenue
      Multiplex
    • 2164 Blossom Drive
      Sold
      Sign in for price
      2164 Blossom Drive
      Multiplex
    • 33 Marier Avenue
      Sold
      Sign in for price
      33 Marier Avenue
      Multiplex
    • 177 Goulburn Avenue
      Sold
      Sign in for price
      177 Goulburn Avenue
      Multiplex
    • 1008 ST. LAURENT Boulevard
      Sold
      Sign in for price
      1008 ST. LAURENT Boulevard
      Multiplex
    • 1250 Trenton Avenue
      Sold
      Sign in for price
      1250 Trenton Avenue
      Multiplex
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 501 — 1050 Bank StreetThis home3 / 211,001,500$4,400ask———
    681,683,685 Cole Avenue9 / 63,500—
    2164 Blossom Drive10 / 63,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of ROYAL LEPAGE TEAM REALTY MCELHERAN & ASSOCIATES · displayed on Summitly per MLS® data-share rules

    Unit 501 — 1050 Bank Street is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was Unit 501 — 1050 Bank Street built?

    The year built for Unit 501 — 1050 Bank Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for Unit 501 — 1050 Bank Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 501 — 1050 Bank Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on Unit 501 — 1050 Bank Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $4,400 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has Unit 501 — 1050 Bank Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 501 — 1050 Bank Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is Unit 501 — 1050 Bank Street in?

    Unit 501 — 1050 Bank Street is in Old Ottawa South, Ottawa. The 'Neighbourhood' section below links to the live Ottawa real estate hub with average sold price, days on market, and current inventory.

  23. Is Ottawa a good place to live?

    Ottawa is one of ON's actively-tracked Summitly markets. The full Ottawa real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. 33 Marier Avenue
    10 / 5
    3,000
    —
    177 Goulburn Avenue15 / 83,500—
    1008 ST. LAURENT Boulevard4 / 52,500—
    1250 Trenton Avenue18 / 123,500—